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MONTREAL, QC–(Marketwired – June 15, 2016) – Siyata Mobile Inc. (the “Company” or “Siyata”) (TSX VENTURE: SIM) (OTC PINK: SIMFF) is pleased to announce that it has received initial purchase orders for its Truckfone device from Barrett Steel Limited (“Barrett Steel”) through its UK Distribution partner The Chameleon Group. Barrett Steel is the UK’s oldest and largest steel stockholding company with global operations and a large commercial fleet of 400 trucks.
Siyata is witnessing strong demand from end users who need to upgrade their current device to a 3G compatible device as mobile operators around the world are systematically shutting down 2G networks. For example, TELUS informed its commercial clients that they are shutting down the 2G/CDMA network on January 31st, 2017 and any devices using the 2G/CDMA networks will no longer receive service.
Marc Seelenfreund, CEO of Siyata, stated, “We continue to see strong demand for Siyata devices in the UK and are proud to have an established company like Barrett Steel as a customer.”
Siyata’s Truckfone and Voyager devices are the world’s first 3G connected-vehicle devices. The Company works with cellular operators and dealerships around the world to meet the needs of fleets requiring a solution for better connectivity, safer driving, and reliable asset tracking.
There are tens of millions of commercial vehicles worldwide that currently rely on 2G networks and two-way radio systems for their communication platforms. Siyata aims to target this market as they upgrade their communications hardware to be compatible with next generation networks and Push-to-Talk radio technology.
About Siyata
Siyata Mobile Inc. is a leading global developer and provider of a vehicle-mounted communications platform over advanced mobile networks. 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.
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 facilitate replacement of the current in-vehicle, multi device status quo with a single device that incorporates voice, data, and fleet management solutions. Visit www.siyatamobile.com to learn more.
On Behalf of the Board of Directors of:
SIYATA MOBILE INC.
Marc Seelenfreund
CEO
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.
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Investor Relations:
Arlen Hansen
Kin Communications
1-866-684-6730
SIM@kincommunications.com
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Wed, 15 Jun 2016 12:30:00 GMT