SaverOne announces first distribution agreement in the United States

SaverOne 2014 Ltd., a technology company that develops and sells advanced transportation safety solutions, today announced it has signed a new distribution agreement in the United States with a leading trucking company, Motor Supply Inc. (Motor Supply). Motor Supply has been granted exclusive rights in 10 U.S. states to sell, install, and support SaverOne's solution. This agreement follows a successful pilot program in February 2024.

Motor Supply, based in Columbia, South Carolina, specializes in leveraging cutting-edge technologies to efficiently transport goods across the United States.

Ori Gilboa, CEO of SaverOne, commented, “We are excited to be partnering with Motor Supply as we expand our footprint into the U.S. market. This partnership follows a comprehensive and extended trial, during which all aspects of our system were rigorously tested and validated. Motor Supply is deeply focused on advanced transportation technologies and the fact that they see exceptional value in our solution to become our distribution partner, makes us incredibly proud. This distribution agreement guarantees us at least 37,600 orders over the next five years, which is very significant for us given that as of August-end we had a total of 3,750 installations globally. We are confident this new partnership will strengthen our presence in the United States and will contribute to our global growth.”

Alex Abrashkin, Founder and CEO of Motor Supply commented, “We are thrilled to elevate our partnership with SaverOne, making their pioneering technology accessible to fleets throughout the United States. Committed to promoting a robust culture of road and driver safety, we continuously seek out innovations that bolster driver protection and mitigate accidents. The success of our pilot program with SaverOne confirmed the significant impact of their cell phone distraction prevention technology. Together with SaverOne we are proud to lead the way in advancing road safety through innovative solutions across the transportation industry. We foresee substantial market demand and invite both commercial and public fleets to join us in our mission to safeguard American roads.”