Markings continuously growth in the global footprint of Saverone and further expansion to Cemex operations
Petah Tikvah, Israel, August 18, 2025 (Globe Newswire) – Saverone 2014 Ltd. (Nasdaq: Svre, Tasen: Svre), A technology company that specializes in the development of transport security solutions today announced that it has signed a new agreement with another Cemex department in Europe. As part of the new agreement, Saverone will use its DDPS (driver distribution prevention) in this country in Cemex's fleet.
This new commitment is based on the successful introduction of Saverone's security solution in order to prevent the drivers' distraction in the global markets and in particular add another part of Cemex's global operations to its expanding customer server.
Mr. Ori Gilboa, CEO of Saverone, explained“We are pleased to further expand our cooperation with Cemex to an additional country and to mark another step in our strategic global expansion. It is also a strong vote of trust in our proven DDPS solution through this key customer with significant experience with our solution in other regions. Saverone remains to support the security culture of Cemex.”
About Cemex:
Cemex is an industry -leading global company for building materials and solutions that build a better future through sustainable products and solutions. Cemex is obliged to achieve carbon neutrality through relentless innovation and industry -leading research and development. Cemex is at the top of the circular economy in the value chain of the construction chain and is groundbreaking to increase the use of waste and residues as an alternative raw materials and fuels in its operation with the use of new technologies.
Cemex offers cement, ready mix concrete, aggregate and urbanization solutions in growing markets around the world that are driven by a multinational workforce that focuses on a superior customer experience that is made possible by digital technologies.
You can find more information at: www.cemex.com
Via the Saverone system
The Saverone system is installed in vehicles to solve the problem of distraction of the driver based on drivers, use distracting applications on their mobile phones and at the same time drive in a way that endangers their safety and safety of their passengers. This phenomenon is one of the main causes of global street accidents. According to the US National Highway Traffic Safety Administration, the annual costs for street accidents in the United States only amount to around 870 billion US dollars a year, except for the costs of serious injuries or deaths, with a quarter of these accidents associated with the use of the mobile phones. Saverone's technology specifically recognizes the driver's area in the vehicle. It prevents the driver from accessing distracting applications such as messaging and being approved by others (navigation as an example) without user intervention or approval, creating a safer driving environment.
The main target markets from Saverone include commercial and private vehicle fleets that are interested in reducing potential damage and significant costs, vehicle manufacturers who are interested in the integration of security solutions into their vehicles as well as insurance and leasing companies. Saverone initially deals with the caroletts with a focus on the Israeli, European and US markets and other markets worldwide. Saverone believes that increased focus on monitoring and prevention of cellular distraction systems in vehicles that are driven by the upcoming EU regulation, which will probably have a dramatically positive effect on the demand for its systems in the future.
The company's strategy is to provide customers in the Aftermarket its technology and to fix OEM vehicle manufacturers in order to integrate the company's protection technologies during the vehicle manufacturing process.
About Saverone
Saverone is a technology company that develops, develops and commercializes OEM and aftermarket solutions and technologies in order to reduce and prevent the risk of vehicle accidents. The original Saverone product line is a number of solutions that save lives by preventing car accidents that result from the distraction when driving mobile phones. Saverone also develops a sensor system for the early location and the direction of recognition under all visibility conditions in need of protection in need of protection (VRU) via your mobile phone footprint.
Find out more at https://saver.one/
Looking -looking statements
This press release contains “future-oriented statements” in the sense of the private securities dispute reform law and other securities laws that are subject to considerable risks and uncertainties. In addition to those of the historical facts, all statements contained in this press release are ready for the future. 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 Itts Business, Intellectual Property Or Property and its future results, operations, and financial performance and may be identified by the use of words search as “” “” Believe, “” “contemplate,” “” Estimate, “” Expect, “Search”, “May”, “could”, “plan”, “potential”, “predicament”, ” “Project”, “goal”, “goal”, “should”, “” “” “or the negative of these words or similar expressions Future -oriented statements contain these words. Future -oriented statements are based on the current expectations of Saverone and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. In addition, certain future -oriented statements are based on assumptions about future events that may not prove to be precise. Many factors could lead to the fact that the actual activities or results of Saverone significantly distinguish from those that are expected in such future -oriented statements. Factors that can lead to the fact that the actual results differ significantly from those that are expressed or implied in such future statements, among other things: the ability of our technology to significantly improve the safety of the drivers; our ability to protect our patented technology from violations by third parties; Saverones planned sales and investment expenditure as well as their ability to continue as a going care; Saverone's ability to maintain its list on the Nasdaq capital market; the ability of the Saverone technology to significantly improve the safety of the drivers; His ability to market and sell its products; His plans to continue to invest in research and development in order to develop technology for existing and new products; Saverone's intention to promote its technologies and commercialization efforts in Europe and globally; Acceptance of his business model by investors; the ability to correctly identify and enter new markets; The effects of competition and the new technologies; General market, political and economic conditions in the countries in which Saverone works; Projected investment expenditure and liquidity; Saverone's intention to keep important employees and the conviction that it will maintain good relationships with all employees; A resuscitation of the Covid 19 pandemic and its effects on companies and industry; as well as other risks and uncertainties, including, but not limited to the risks stated on a form 20-F at a form 20-F at a form 20-F at the U.S. Exchange Commission (SEC “) on March 21, 2025 and in subsequent submissions at Sec. On the future-oriented statements in this time, and Saverone is not obliged to update such information, if this is necessary in accordance with applicable law.
International investor relationships contact:
Ehud helps
+1 212 378 8040
saverone@ekgir.com
