June 21, 2017
Montréal, QC – Siyata Mobile Inc. (TSX-V:SIM / OTC PINK:SIMFF) (the “Company” or “Siyata”) is pleased to announce that it has received a second order for its Uniden® cellular boosters from a major US pharmaceutical company, totalling over $50,000 USD combined.
This purchase order marks the second phase of orders of Uniden® cellular boosters as the major US pharmaceutical company continues to suffer from weak indoor cellular coverage in their office facilities in the United States.
Siyata Mobile’s CEO, Marc Seelenfreund, states, “We are very pleased to be a part of this major corporation’s rollout strategy as weak indoor cellular coverage is no longer an option for large corporations. Businesses large and small have become 100% reliant upon cellular coverage and we intend to capitalize on this growing trend. The acquisition of the Uniden portfolio is proving to be highly accretive for our business and is setting the stage for strong sales growth throughout 2016 and beyond.”
Siyata, through its Uniden® portfolio of cellular boosters, is targeting a very large-scale market of users that experience weak cell phone coverage in buildings, in remote locations where coverage is spotty, or while on the go. In North America, 80% of cellular calls are made indoors, the area with the lowest probability of cellular coverage, leaving ~75M homes and commercial buildings experiencing dropped calls and slow download speeds.
Siyata Mobile Inc. is a leading global developer and provider of innovative cellular communication systems. Siyata’s “Connected-Vehicle” devices and accessories are specifically designed for professional fleets such as trucks, vans, buses, ambulances, government cars and more. Siyata aims to provide greater mobile connectivity for professional drivers and to facilitate replacement of the current in-vehicle, multi-device status quo with a single device that incorporates voice, data, and fleet management solutions.
Through its newly acquired subsidiary Signifi Mobile, Siyata also markets and sells Uniden® cellular signal boosters and accessories across Canada and the United States. Siyata’s customers include cellular operators, commercial vehicle technology distributors, and fleets of all sizes in Canada, the US, Europe, Australia, and the Middle East.
Visit www.siyatamobile.com to learn more.
On Behalf of the Board of Directors of:
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.