SaverOne Signs Agreement with Fandango to Deploy its Driver Distraction Prevention Solution Across Heavy Truck Fleet
SaverOne (Nasdaq: SVRE) has signed an agreement with Fandango, a waste collection and recycling company, to deploy its Driver Distraction Prevention Solution across their heavy truck fleet. The agreement follows a successful pilot program that demonstrated significant driver behavioral improvements and reduced attempts to use distracting mobile applications while driving.
The deployment aims to enhance safety in Fandango's heavy-truck operations, which are characterized by long driving hours and high distraction risks. The solution is expected to reduce accidents, lower liability claims, and improve fleet availability while reducing overall operational costs.
SaverOne (Nasdaq: SVRE) ha stipulato un accordo con Fandango, azienda specializzata nella raccolta e nel riciclo dei rifiuti, per implementare la sua Driver Distraction Prevention Solution sulla flotta di autocarri pesanti. L'accordo segue un programma pilota riuscito che ha evidenziato significativi miglioramenti nel comportamento dei conducenti e una riduzione dei tentativi di utilizzare applicazioni mobili distraenti durante la guida.
La distribuzione mira a migliorare la sicurezza nelle operazioni con autocarri pesanti di Fandango, caratterizzate da lunghe ore di guida e alti rischi di distrazione. La soluzione dovrebbe ridurre gli incidenti, abbassare le richieste di risarcimento, aumentare la disponibilità della flotta e contenere i costi operativi complessivi.
SaverOne (Nasdaq: SVRE) ha firmado un acuerdo con Fandango, una empresa de recogida y reciclaje de residuos, para desplegar su Driver Distraction Prevention Solution en su flota de camiones pesados. El acuerdo sigue a un programa piloto exitoso que demostró mejoras significativas en el comportamiento de los conductores y una reducción en los intentos de usar aplicaciones móviles distractoras mientras conducían.
El despliegue busca mejorar la seguridad en las operaciones de camiones pesados de Fandango, caracterizadas por largas horas de conducción y altos riesgos de distracción. Se espera que la solución reduzca accidentes, disminuya reclamaciones por responsabilidad, mejore la disponibilidad de la flota y reduzca los costos operativos totales.
SaverOne (Nasdaq: SVRE)가 폐기물 수거 및 재활용 업체인 Fandango와 자사 Driver Distraction Prevention Solution을 대형 트럭 전용 차대에 도입하는 계약을 체결했습니다. 이 계약은 운전자 행태 개선과 주행 중 주의 분산 모바일 앱 사용 시도의 감소를 입증한 성공적인 파일럿 프로그램에 따른 것입니다.
이번 도입은 장시간 운행과 높은 주의 분산 위험이 수반되는 Fandango의 대형 트럭 운영에서 안전을 강화하는 것을 목표로 합니다. 이 솔루션은 사고 감소, 책임 청구 축소, 차량 가용성 향상과 함께 전반적인 운영 비용 절감에 기여할 것으로 예상됩니다.
SaverOne (Nasdaq: SVRE) a signé un accord avec Fandango, une entreprise de collecte et de recyclage des déchets, pour déployer sa Driver Distraction Prevention Solution sur leur flotte de camions lourds. L'accord fait suite à un programme pilote réussi ayant démontré des améliorations significatives du comportement des conducteurs et une réduction des tentatives d'utilisation d'applications mobiles distrayantes au volant.
Le déploiement vise à renforcer la sécurité dans les opérations de camions lourds de Fandango, caractérisées par de longues heures de conduite et des risques élevés de distraction. La solution devrait réduire les accidents, diminuer les demandes de responsabilité, améliorer la disponibilité de la flotte et réduire les coûts opérationnels globaux.
SaverOne (Nasdaq: SVRE) hat eine Vereinbarung mit Fandango, einem Unternehmen für Abfallsammlung und Recycling, geschlossen, um seine Driver Distraction Prevention Solution in deren Flotte von Schwerlastwagen einzuführen. Die Vereinbarung folgt einem erfolgreichen Pilotprogramm, das deutliche Verhaltensverbesserungen bei Fahrern und weniger Versuche, während der Fahrt ablenkende mobile Anwendungen zu nutzen, nachgewiesen hat.
Die Einführung zielt darauf ab, die Sicherheit in Fandangos Schwerlast-Transportbetrieb zu erhöhen, der durch lange Fahrzeiten und ein hohes Ablenkungsrisiko geprägt ist. Von der Lösung wird erwartet, dass sie Unfälle reduziert, Haftungsansprüche senkt, die Verfügbarkeit der Flotte verbessert und die gesamten Betriebskosten verringert.
- Successful pilot program demonstrated clear behavioral improvements in drivers
- Expansion into heavy-truck sector, a high-value market segment
- Solution expected to reduce accidents and liability claims while improving fleet availability
- Strategic penetration into commercial fleets with high safety risks
- None.
Insights
SaverOne secures commercial deployment with Fandango after successful pilot, expanding its driver safety technology in the high-value heavy truck sector.
This agreement represents a significant commercial validation for SaverOne's driver distraction prevention technology. The deal follows a successful pilot program where Fandango collected measurable data demonstrating both driver behavioral changes and reduced attempts to use distracting mobile applications while driving.
The heavy-truck sector represents a strategic target market for safety technology providers due to several factors: the extended driving hours create higher distraction risk, the vehicles pose increased danger when involved in accidents, and fleet operators face substantial liability exposure. For context, commercial truck accidents often result in settlements reaching into the millions, making preventative technology an attractive investment for fleet operators.
From an operational standpoint, this deployment addresses multiple value drivers for Fandango beyond just safety: reduced accident rates translate to improved fleet availability (fewer vehicles sidelined for repairs), lower insurance premiums, diminished liability claims, and decreased repair costs. In the commercial fleet sector, even small percentage improvements in these metrics can yield substantial financial returns.
While the release doesn't disclose financial terms or the specific fleet size, the language indicates this is a fleet-wide deployment rather than a limited rollout, suggesting a meaningful implementation scale. The expansion from pilot to full deployment demonstrates that SaverOne's technology met Fandango's performance thresholds in real-world testing.
For SaverOne, this agreement serves as both a revenue generator and a valuable reference customer in the heavy-truck sector, potentially accelerating adoption among similar fleet operators who face the same safety and operational challenges.
Expands Presence in Heavy-Truck Sector, Reinforcing Strategic Penetration into High-Risk Commercial Fleets
Petah Tikvah, Israel, Sept. 03, 2025 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company specializing in developing transportation safety solutions, today announced it has signed an agreement with Fandango, a waste collection and recycling company operating a large fleet of heavy trucks to deploy the SaverOne Driver Distraction Prevention Solution across its fleet.
This new agreement follows a successful pilot program during which Fandango collected clear data showing meaningful driver behavioral change and a substantial reduction in attempts to use distracting mobile applications while driving.
This agreement further expands SaverOne’s footprint into the heavy-truck sector, characterized by long driving hours, high distraction risk, and substantial safety and operational challenges. Deploying SaverOne across all its heavy trucks is expected to contribute to reducing accidents and potential liability claims, improve fleet availability, and lower overall costs.
Mr. Ori Gilboa, CEO of SaverOne, stated, “We are proud to welcome Fandango, a major heavy-truck fleet operator, as a new customer. Their decision to expand deployment after a successful pilot is a strong validation of the safety, efficiency, and operational value that our solution delivers. This agreement also highlights our growing momentum in the heavy-truck sector, where SaverOne is well positioned to deliver meaningful safety and operational benefits.”
Mr. Shai Medioni, Managing Partner of Fandango, added, “Fandango has always put safety first, and we are proud to leverage the best available technology to ensure our employees return home safely every day.”
About the SaverOne System
SaverOne's system is installed in vehicles to solve the problem of driver distraction as a result of drivers using distracting applications on their mobile phones while driving in a way that endangers their safety and the safety of their passengers. This phenomenon is considered one of the leading causes of global road accidents. According to the US National Highway Traffic Safety Administration, the annual cost of road accidents just in the United States stands at about
SaverOne's primary target markets include commercial and private vehicle fleets interested in reducing potential damages and significant costs, vehicle manufacturers interested in integrating safety solutions into their vehicles, and insurance and leasing companies. SaverOne initially addresses car fleets with a focus on the Israeli, European, and US markets and other markets worldwide. SaverOne believes that an increased focus on monitoring and prevention of cellular distraction systems in vehicles, driven by upcoming expected EU regulation, will likely have a dramatic positive impact on the demand for its systems in the future.
The Company's strategy is to provide its technology to customers in the aftermarket and address OEM vehicle manufacturers to integrate the Company's protection technologies during the vehicle manufacturing process.
About SaverOne
SaverOne is a technology company that designs, develops, and commercializes OEM and aftermarket solutions and technologies to lower the risk of and prevent vehicle accidents.
SaverOne's initial product line is a suite of solutions that saves lives by preventing car accidents resulting from distraction from using mobile phones while driving. SaverOne is also developing a sensor system for early location and direction detection under all visibility conditions of vulnerable road users (VRU) through their cellphone footprint.
Learn more at https://saver.one/
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act and other securities laws that are subject to substantial risks and uncertainties. All statements, besides those of historical fact, contained in this press release are forward-looking. Forward-looking statements contained in this press release include but are not limited to, statements regarding SaverOne's strategic and business plans, technology, relationships, objectives, and expectations for its business, the impact of trends on and interest in its business, intellectual property or product and its future results, operations, and financial performance and condition and may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions. However, not all forward-looking statements contain these words. Forward-looking statements are based on SaverOne's current expectations and are subject to inherent uncertainties, risks, and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions about future events that may not prove accurate. Many factors could cause SaverOne's actual activities or results to differ materially from those anticipated in such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements include, but are not limited to: the ability of our technology to substantially improve the safety of drivers and pedestrians; our ability to protect our patented technology from infringement by third parties; SaverOne’s planned level of revenues and capital expenditures and its ability to continue as a going concern; SaverOne’s ability to maintain its listing on the Nasdaq Capital Market; our ability to market and sell products to the heavy fleet/truck sectors and other sectors; its plans to continue to invest in research and development to develop technology for both existing and new products; the ability to correctly identify and enter new markets; the impact of competition and new technologies; general market, political and economic conditions in the countries in which SaverOne operates; projected capital expenditures and liquidity; SaverOne’s intention to retain key employees, and its belief that it will maintain good relations with all employees; a resurgence of the COVID-19 pandemic and its impact on business and industry; as well as other risks and uncertainties, including, but not limited to, the risks detailed in the Company's Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") on March 21, 2025 and in subsequent filings with the SEC. Forward-looking statements in this announcement are made as of this date, and SaverOne undertakes no duty to update such information except as required under applicable law.
International Investor Relations Contact:
Ehud Helft
+1 212 378 8040
saverone@ekgir.com
FAQ
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