SaverOne Signs Expands Cooperation with Cemex: Signs Agreement with Cemex Czech Republic for Deployment of Its Driver Distraction Prevention System
SaverOne (Nasdaq: SVRE) has signed a new commercial agreement with Cemex Czech Republic to deploy its Driver Distraction Prevention System (DDPS) across their entire cement truck fleet. This expansion follows successful implementations with Cemex in Israel and another European country, with plans for additional European deployments.
The agreement strengthens SaverOne's strategic collaboration with Cemex across multiple European markets. Cemex Czech Republic's Cement Logistics Manager, Ota Horák, emphasized their commitment to safety and innovative technologies, citing positive feedback from other European deployments.
SaverOne (Nasdaq: SVRE) ha firmato un nuovo accordo commerciale con Cemex Repubblica Ceca per implementare il suo Sistema di Prevenzione della Distrazione del Conducente (DDPS) su tutta la flotta di camion cementieri. Questa espansione segue implementazioni di successo con Cemex in Israele e in un altro paese europeo, con piani per ulteriori distribuzioni in Europa.
L'accordo rafforza la collaborazione strategica di SaverOne con Cemex in diversi mercati europei. Ota Horák, Responsabile della Logistica Cemento di Cemex Repubblica Ceca, ha sottolineato il loro impegno per la sicurezza e le tecnologie innovative, citando feedback positivi provenienti da altre implementazioni europee.
SaverOne (Nasdaq: SVRE) ha firmado un nuevo acuerdo comercial con Cemex República Checa para desplegar su Sistema de Prevención de Distracción del Conductor (DDPS) en toda su flota de camiones de cemento. Esta expansión sigue a implementaciones exitosas con Cemex en Israel y otro país europeo, con planes para despliegues adicionales en Europa.
El acuerdo fortalece la colaboración estratégica de SaverOne con Cemex en varios mercados europeos. Ota Horák, Gerente de Logística de Cemento de Cemex República Checa, destacó su compromiso con la seguridad y las tecnologías innovadoras, mencionando comentarios positivos de otras implementaciones europeas.
SaverOne (나스닥: SVRE)는 Cemex 체코 공화국과 새로운 상업 계약을 체결하여 전체 시멘트 트럭 차량에 운전자 주의 분산 방지 시스템(DDPS)을 도입하기로 했습니다. 이번 확장은 이스라엘과 다른 유럽 국가에서 성공적으로 시행된 데 이어 추가 유럽 지역 배치를 계획하고 있습니다.
이번 계약은 여러 유럽 시장에서 Cemex와 SaverOne의 전략적 협력을 강화합니다. Cemex 체코 공화국 시멘트 물류 관리자 오타 호락(Ota Horák)은 안전과 혁신 기술에 대한 그들의 의지를 강조하며, 다른 유럽 배치에서 받은 긍정적인 피드백을 언급했습니다.
SaverOne (Nasdaq : SVRE) a signé un nouvel accord commercial avec Cemex République tchèque pour déployer son Système de Prévention de la Distraction du Conducteur (DDPS) sur l’ensemble de leur flotte de camions-cimentiers. Cette expansion fait suite à des déploiements réussis avec Cemex en Israël et dans un autre pays européen, avec des projets d’extensions supplémentaires en Europe.
L’accord renforce la collaboration stratégique de SaverOne avec Cemex sur plusieurs marchés européens. Ota Horák, responsable de la logistique ciment chez Cemex République tchèque, a souligné leur engagement en matière de sécurité et de technologies innovantes, citant des retours positifs issus d’autres déploiements européens.
SaverOne (Nasdaq: SVRE) hat eine neue kommerzielle Vereinbarung mit Cemex Tschechische Republik unterzeichnet, um sein Fahrer-Ablenkungspräventionssystem (DDPS) in der gesamten Zement-Lkw-Flotte einzuführen. Diese Erweiterung folgt auf erfolgreiche Implementierungen mit Cemex in Israel und einem weiteren europäischen Land, mit Plänen für zusätzliche Einsätze in Europa.
Die Vereinbarung stärkt die strategische Zusammenarbeit von SaverOne mit Cemex in mehreren europäischen Märkten. Ota Horák, Leiter der Zementlogistik bei Cemex Tschechische Republik, betonte ihr Engagement für Sicherheit und innovative Technologien und verwies auf positives Feedback aus anderen europäischen Einsätzen.
- Expansion of existing successful partnership with major client Cemex
- Geographic expansion into new European market (Czech Republic)
- Potential for further European market penetration through Cemex subsidiaries
- None.
Insights
SaverOne expands its safety system deployment with Cemex into Czech Republic, continuing successful European market penetration strategy.
SaverOne's new agreement with Cemex Czech Republic marks a strategic expansion of their existing business relationship across European markets. The company will deploy its Driver Distraction Prevention System (DDPS) across Cemex's entire cement truck fleet in the Czech Republic, building upon previous successful implementations in Israel and another European country.
This sequential expansion pattern is particularly noteworthy as it demonstrates a land-and-expand strategy that typically yields several business advantages. First, it indicates strong customer satisfaction with the initial deployments, as Cemex is choosing to implement the technology across multiple subsidiaries. The endorsement from Cemex's Cement Logistics Manager provides additional validation of the solution's effectiveness in meeting safety objectives.
For SaverOne, a smaller technology company with a market cap of approximately $1.3 million, securing expanded business with a global construction materials leader represents meaningful commercial traction. While no financial terms are disclosed in the announcement, the growing relationship with Cemex establishes a valuable reference customer that could help accelerate adoption with other potential enterprise clients.
The planned additional deployments in "further European subsidiaries" suggest this expansion trajectory may continue, potentially establishing a more predictable revenue pipeline from this customer relationship. For a company of SaverOne's size, demonstrating the ability to not only land but expand business with major global enterprises is a significant positive signal regarding their commercial execution capabilities.
Strategic Collaboration Broadens Across Multiple European Markets
Petah Tikvah, Israel, April 21, 2025 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company specializing in developing transportation safety solutions, today announced the signing of a new commercial agreement with Cemex Czech Republic s.r.o. Under the agreement, SaverOne will deploy its Driver Distraction Prevention System (DDPS) across the entire company-owned cement truck fleet in the Czech Republic.
This new agreement follows a successful and growing collaboration with Cemex throughout Europe. SaverOne’s solution has already been implemented across several Cemex entities, among them Israel and an additional European county, and will now be deployed in the Czech Republic with additional deployments planned in further European subsidiaries.
Ota Horák, Cement Logistics Manager at Cemex in the Czech Republic, commented, “At Cemex, safety is a core value, and we are committed to adopting innovative technologies that help protect our drivers and the communities in which we operate. SaverOne’s solution directly supports our goals, and we are pleased to bring this solution to our fleet in the Czech Republic following very positive feedback from our other deployments in Europe.”
Mr. Ori Gilboa, CEO of SaverOne, stated, “We are proud to further strengthen our collaboration with Cemex, a global leader in construction and logistics. The new agreement in the Czech Republic marks another important step in the strategic expansion of our relationship, adding to our growing presence in Europe. We look forward to continuing to support Cemex’s high safety standards further expand across their international operations.”
About Cemex:
Cemex is an industry leading global construction materials and solutions company that is building a better future safely through more sustainable products and solutions. Cemex is committed to achieving carbon neutrality through relentless innovation and industry-leading research and development. Cemex is at the forefront of the circular economy in the construction value chain and is pioneering ways to increase the use of waste and residues as alternative raw materials and fuels in its operations with the use of new technologies.
Cemex offers cement, ready-mix concrete, aggregates, and urbanisation solutions in growing markets around the world, powered by a multinational workforce focused on providing a superior customer experience, enabled by digital technologies.
For more information please visit: www.cemex.com
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; 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; the ability of SaverOne’s technology to substantially improve the safety of drivers; its ability to market and sell its products; its plans to continue to invest in research and development to develop technology for both existing and new products; SaverOne’s intention to advance its technologies and commercialization efforts in Europe and globally; SaverOne’s plan to seek patent, trademark and other intellectual property rights for products and technologies in the United States and internationally, as well as its ability to maintain and protect the validity of currently held intellectual property rights; SaverOne’s expectations regarding future changes in its cost of revenues and operating expenses; SaverOne’s expectations regarding its tax classifications; interpretations of current laws and the passage of future laws; acceptance of its business model by investors; 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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