April 23, 2018
Montréal, QC – Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the “Company” or “Siyata”), is pleased to announce that the Company has received an additional Purchase Order (“PO”) on a first responder contract of $650,000 for its Push-to-Talk Over Cellular (“PoC”) devices, accessories and software solutions. This is an addition to the original PO of $1.9MM announced December 20, 2017.
Marc Seelenfreund, CEO and Chairman of Siyata Mobile, commented, “Our Push-to-Talk devices continue to grab market share and gaining momentum to be a leading choice of enterprise customers choosing to upgrade their antiquated two-way radio systems with much more relevant Push-to-Talk Over Cellular solutions. PoC is delivered over commercial grade cellular networks, allowing nationwide coverage as opposed to LMR which is limited in distance. This increased mobility and next generation development is a clear choice for enterprise workforces.”
According to the United States Department of Transportation, in 2015 there were over 12 million fleet vehicles in the United States. Siyata aims to be the leading provider of connected vehicle and mobile hardware solutions as these commercial fleets upgrade their communication platforms to be compatible with next generation networks, PoC solutions and other software applications.
The Company also announces that it will be releasing its 2017 year-end financials on April 30, 2018, instead of the originally announced April 26, 2018 date due to management scheduling. The Company will now be holding a conference call on Tuesday, May 1, at 9:00am Eastern Time (6:00am PST) to discuss year-end results, along with a Q&A session with Siyata Mobile CEO and Chairman, Marc Seelenfreund.
Details of the conference call:
Date: Tuesday, May 1
Time: 9:00 a.m. Eastern Time
North America dial-in number: 1-877-291-4570
International dial-in number: 1-647-788-4919
There will also be a playback of the conference call, available in MP3 format by contacting investor relations below.
A TSX Venture Top 50 Company, Siyata Mobile Inc. is a leading global developer and provider of cellular communications systems for enterprise customers, specializing in connected vehicle products for professional fleets, marketed under the Uniden® Cellular brand. Since developing the world’s first 3G connected vehicle device, Siyata has been a pioneer in the industry, launching the world’s first 4G LTE all-in-one fleet communications device in 2017. Incorporating voice, push-to-talk over cellular, data, and fleet management solutions into a single device, the company aims to become the connected vehicle communications device of choice for commercial vehicles and fleets around the world.
Siyata also offers rugged phones for industrial users and signal boosters for homes, buildings, and fleets with poor cell coverage. Siyata’s customers include cellular operators, commercial vehicle technology distributors, and fleets of all sizes in Canada, the U.S., Europe, Australia, and the Middle East.
Visit www.siyatamobile.com and http://www.unidencellular.com/ to learn more.
On Behalf of the Board of Directors of:
SIYATA MOBILE INC.
CEO and Chairman
Glenn Kennedy, VP Sales
Siyata Mobile Inc.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.