- Siyata
is a leading global developer and provider of cellular communications
systems
- Company
recently launched the world’s first 4G LTE all-in-one fleet communications
device, marketed under the Uniden Cellular brand
- Details
of Siyata’s first purchase order from a Tier 1 U.S. cellular carrier as an
official vendor are forthcoming
- Siyata
is a TSX Venture Top 50 Company, and it has already launched in Canada
with Bell Canada
Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) is a
leading global developer and provider of cellular communications solutions for
enterprise customers. Siyata specializes in connected vehicle products marketed
under the Uniden Cellular brand for professional fleets. The company announced
its first purchase order from a Tier 1 U.S. cellular carrier for its flagship
product, the Uniden UV350, in a news release issued early last month (http://ibn.fm/8GTOZ). Details of
the commercial launch of the Uniden UV350 in the U.S. will be announced
shortly, according to Marc Seelenfreund, CEO of Siyata Mobile.
“Siyata is not only first to market but has created a
completely new device category, likened to the rugged phone, the rugged tablet
and feature phone categories all which sold millions of devices through Tier 1
U.S and global carriers,” Seelenfreund stated in the news release. “The UV350
represents a completely untapped yet equal opportunity which meets the needs of
First Responder and commercial vehicles around the world and we are excited to
be included in the ranks of the leading global cellular vendors.”
In its 2018 National Transportation Statistics report, the
U.S. Department of Transportation notes that there are more than 12.6 million
commercial vehicles on the road. The commercial vehicle market, which includes
several million first responder vehicles, is predicted to continue its steady
growth (http://ibn.fm/tDT2D).
The nation’s freight transportation system moved nearly 17.7 billion tons of
goods, valued at more than $18.1 trillion, in 2016, the report states, with
trucks carrying the largest share of goods shipped.
Siyata’s opportunity in this sector is massive, given the
potentially large number of commercial vehicles that need to replace an aging
two-way LMR technology with push-to-talk over cellular (“PoC”) technology. The
Uniden UV350 was designed specifically for commercial vehicles to ensure safer
communication for professional drivers. It is the first 4G/LTE all-in-one
in-vehicle fleet communication device that delivers crystal clear cellular voice
calls, push-to-talk over cellular, data applications and more (http://ibn.fm/vEu26).
Siyata aims to become the connected vehicle communications
device of choice for commercial fleets and first responders around the world.
The company 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.
For more information, visit the company’s website at www.SiyataMobile.com
NOTE TO INVESTORS: The latest news and updates
relating to SYATF are available in the company’s newsroom at http://ibn.fm/SYATF
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