SaverOne Announces Strategic Acquisition of Micronet’s Generation-3 Camera IP Page 1

Expands SaviorOne‘S product line with potential for future revenue growth

Petah Tikvah, Israel, August 27, 2024 (GLOBE NEWSWIRE) — SaverOne 2014 Ltd. (Nasdaq: SVRE, BAG: HEAVY), SaverOne, Inc., a technology company specializing in transportation safety solutions, today announced a strategic asset purchase agreement for Micronet Ltd.’s (TASE: MCRNT) Generation-3 camera products and intellectual property (IP). Micronet is a developer of advanced telematics systems, cameras and Driver Monitoring Systems (DMS). This acquisition is in line with SaverOne’s strategy to expand its solutions portfolio and enhance its product offering.