Virtual presentations will be available from the start September 11, 2023A 7 AM Eastern Time
Petah Tikva, Israel, September 5, 2023 /PRNewswire/ — SaverOne 2014 Ltd. (Nasdaq: SVRE) (TASE: SVRE), a technology company engaged in advanced transportation security solutions, today announced that its CEO Mr. Ori GilboaWill present virtually and be available for virtual meetings with investors and analysts at the HC Wainwright 25th Annual Global Investment Conference September 11-15, 2023.
Investors can view company presentations online September 11, 2023A 7:00 am ET On the HC Wainwright Conference website https://hcwevents.com/annualconference/ or on SaverOne’s Investor Relations website https://saver.one.
SaverOne’s management team will be available for virtual one-on-one meetings throughout the conference From September 11 to September 14, 2023. For more information about the conference and to register to meet with SaverOne’s management team, please visit the HC Wainwright Conference website or contact SaverOne’s Investor Relations team [email protected].
About the SaverOne System
SaverOne’s system is installed in vehicles to address the issue of driver distraction caused by drivers using distracting applications on mobile phones while driving, which endangers their safety and the safety of their passengers. This phenomenon is considered as one of the leading causes of road accidents in the world. According to the US National Highway Traffic Safety Administration, the annual cost of road accidents in 2012 alone United StatesIt stands at approx $870 billion Each year, excluding the cost of serious injury or death, it is estimated that a quarter of those accidents are related to mobile phone use while driving. SaverOne’s technology specifically recognizes the driver’s area of the vehicle and prevents the driver from accessing distracting applications such as messaging, while allowing others (for example navigation) without user intervention or consent, creating a safer driving environment.
SaverOne’s primary target markets include commercial and private vehicle fleets interested in reducing potential damage and significant costs, vehicle manufacturers interested in integrating safety solutions into their vehicles, and insurance and leasing companies. SaverOne primarily addresses vehicle fleets with a focus on the Israeli, European and US markets as well as other markets around the world. SaverOne believes that the increased focus on monitoring and prevention of cellular destruction systems in vehicles, particularly driven by the upcoming expected EU regulations, will likely have a dramatic positive impact on demand for its systems in the future.
The company’s strategy is to provide its technology for installation by customers in the aftermarket as well as to address OEM vehicle manufacturers, installing the company’s safety technologies during the vehicle manufacturing process.
About SaverOne
SaverOne is a technology company engaged in the design, development and commercialization of OEM and aftermarket solutions and technologies to reduce and prevent the risk of vehicle accidents.
SaverOne’s primary line of products is a suite of solutions that save lives by preventing car accidents caused by distraction from mobile phone use while driving. SaverOne is also developing a sensor system to detect the initial location and direction of vulnerable road users (VRU) under all visibility conditions through their cellphone footprint.
Learn more at https://saver.one/
future plans
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 significant risks and uncertainties. All statements other than statements of historical fact contained in this press release are forward-looking statements. The forward-looking statements contained in this press release include SaverOne’s strategic and business plans, technology, relationships, objectives and expectations for its business, the impact of trends and interests on its business, intellectual property or products and its future results, operations and financial performance and conditions and ” Can be identified by using words such as “anticipate,” “believe,” “think,” “may,” “estimate,” “expect,” “will.” “seek,” “may,” “probably,” “plan,” “likely,” “forecast,” “project,” “aim,” “aim,” “should,” “will,” “shall,” or negative These words or other similar expressions, although 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 of future events that may not prove to be accurate. A number of factors could cause SaverOne’s actual operations or results to differ materially from the operations and results anticipated in such forward-looking statements. Factors that could cause our 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 significantly improve driver safety; our planned levels of revenue and capital expenditures and our ability to continue as a going concern; the ability of our technology to significantly improve driver safety; our ability to market and sell our products; our plans to continue investing in research and development to develop technology for both existing and new products; our intention to advance our technology and commercialization efforts; our intention to use local distributors in each country or region where we will conduct business to distribute our products or technology; Our plan to seek patents, trademarks and other intellectual property rights for our products and technology United States and internationally, as well as the ability to maintain and protect the validity of our currently held intellectual property rights; our expectations regarding future changes in our revenue costs and our operating costs; our expectations regarding our tax classification; Interpretation of current laws and passage of future laws; acceptance of our business model by investors; ability to accurately identify and enter new markets; the impact of competition and new technologies; general market, political and economic conditions in the countries in which we operate; estimated capital expenditure and liquidity; our intent to retain key employees, and our belief that we maintain good relationships with all of our employees; any resurgence of the Covid-19 pandemic and its impact on our business and industry; and other risks and uncertainties, including but not limited to, those detailed in the Company’s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”). April 27, 2023 and in subsequent filings with the SEC. The forward-looking statements contained in this announcement are made as of the date hereof, and SeverOne undertakes no obligation to update such information except as required under applicable law.
Source: SeverOne
