Following successful trial, SaverOne System to be installed on a further 77 buses

Petah Tikvah, Israel, March 11, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (NASDAQ:SVRE, TASE: SVRE))), a technology company engaged in transportation safety solutions, today announced that it has expanded its collaboration and signed a further agreement with GB Tours to install the SaverOne System on the full fleet of GB Tours' fleet of public transportation and tour buses. GB Tours is a leading Israel-based public transportation company that operates public transportation lines as well as tour buses with a fleet of about one hundred buses. This order follows the conclusion of a successful pilot of the SaverOne System on twenty of GB Tours' buses.

Over the coming weeks, SaverOne will install its system across the full fleet of GB Tours' buses, amounting to a further 77 public transportation and tour buses.

Ashraf Houri, Public Transportation Manager at GB Tours, commented, "At GB Tours, we are constantly striving to improve our service quality while ensuring the safety of our passengers during their travels. The decision to expand our installation of the SaverOne system is a testament to our commitment to passenger safety. We believe that this solution will bring an increase in the safety of our passengers while traveling with us."

Mr. Gilboa, CEO of SaverOne commented, "After using our product for some time and fully testing it on a quarter of their fleet, we are very pleased that GB Tours has seen the significant value that we bring and have chosen to roll-out our safety solution across their full fleet. The public transportation sector has always been an important one for SaverOne where the safe passage of many people concurrently is key, and it is critical for bus owners to minimize the risk of traffic accidents as much as possible. We believe that we have the potential to play a significant role in this sector, which represents an area ripe for long-term growth for SaverOne, worldwide."