Company Anticipates U.S Carrier Launch and Initial Purchase Orders in Q1
MONTREAL, Feb. 12, 2019 (GLOBE NEWSWIRE) — Siyata Mobile Inc. (the “Company” or “Siyata”) (TSX-V:SIM / OTCQX:SYATF) is pleased to announce that U.S Tier 1 Carrier network approval is nearing completion and has initiated trials with multiple end-use large-scale potential customers in various industry verticals. As a result, the Company expects initial purchase orders from these end use customers through the U.S Tier 1 carrier in Q1.
Marc Seelenfreund, CEO and Chairman of Siyata Mobile, commented, “There is a very large unmet need in the market in which we were able to identify early and are very pleased to be bringing the world’s first 4G/LTE smartphone in the U.S through Tier 1 carriers to meet these needs of commercial fleets and vehicles and first responders. The upgrade towards Push-to-Talk over Cellular networks is inevitable for enterprises due to cost savings and carrier-grade nationwide coverage while removing the need for multiple single purpose hardware, and increasing worker and public safety. We look forward to bringing our innovative and highly efficient technology to the market with U.S carriers in Q1 and beyond.”
Details on the Tier 1 carriers launching the Uniden® UV350 will be made available upon commercial launch of the device in addition to the UV350 being available at Ingram Micro and at CNM Wireless.
According to the United States Department of Transportation, in 2016 there were 9.7 million commercial trucks and 3.5 million first responder vehicles in the United States.
About Siyata
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.
Marc Seelenfreund
CEO and Chairman
Investor Relations:
Arlen Hansen
Kin Communications
1-866-684-6730
[email protected]
Sales Department:
Glenn Kennedy, VP Sales
Siyata Mobile Inc.
416-892-1823
[email protected]
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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.
