SaverOne 2014 Ltd (SVRE)

[stockforce]

“The goal of the collaboration is to provide IVECO with a competitive edge by offering a safer driving experience to IVECO’s global customer base.” This is an extremely strong statement from SaverOne and IVECO. Such a huge global leader in truck manufacturing will get a “competitive edge” through integrating SaverOne system in their manufacturing process for their global customer base. Why? Because SaverOne’s DDPS system “is the only system in the world that (actually) prevents cell phone distractions while driving.” No one else in the world is providing this technology as of today! This is exactyly why their “Side Letter to the MOU provides IVECO with an exclusivity period of up to six months during which SaverOne agreed not to sell, develop or manufacture its OEM solution for SaverOne’s innovative in-cabin Driver Distraction Prevention Solution (DDPS) with any other truck manufacturer.” IVECO has so much need for this technology so they can have a “competitive edge”. Huge impact.