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News

SaverOne To Install Its System Across Entire Strauss Group Fleet

Author: Benzinga Newsdesk | January 22, 2024 09:11am

 SaverOne 2014 Ltd. (NASDAQ:SVRE) (TASE: SVRE), a technology company engaged in advanced transportation safety solutions, today announced that the SaverOne system will be installed across Strauss Group's entire fleet in Israel. Strauss Group is one of the largest food manufacturers in Israel with a fleet of over 80 food delivery trucks.  

The new order, covering the entire Strauss delivery fleet, follows a successful trial on 17 Strauss trucks, in which Strauss' management noted a statistically significant and notable reduction in accident rates in the trucks that had the SaverOne system installed. 

Mrs. Keren Golan, Manager of Transportation at Strauss, commented, "We were very impressed with the performance of the SaverOne system, and especially with the notable reduction in what would be the typical accident rate among the delivery trucks which had the system installed. The responsible use of our delivery truck fleet on the road system, as well as the safety of our employees and other drivers and road users, is of paramount importance to Strauss. Installing the SaverOne system across our entire fleet demonstrates our commitment to safety and responsible road use." 

Mr. Ori Gilboa, CEO of SaverOne, commented, "We are proud of this win, representing a breakthrough for SaverOne, whereby a successful trial has now expanded into a full deployment across their entire fleet. It demonstrates the strong value-add that they see in our systems. Furthermore, Strauss is partnered with Frito-Lay, a U.S. subsidiary of multinational food and beverage company, PepsiCo. This win in this key vertical is highly strategic for us with potential to expand our footprint internationally, with all of these world-leading food manufacturers which have thousands of delivery trucks operating globally. This win is also a strong testament to the success we are seeing in executing our strategy and building relationships with the potential to lead to further penetration into multinational organizations."

Posted In: SVRE

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