Global developer and provider of cellular communications systems Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) today announced its receipt of an initial purchase order of $130,000 through a leading Saudi Arabian cellular operator to equip a single end-use customer’s fleet of emergency response vehicles with its UV350, an LTE all-in-one in-vehicle smartphone. Per the update, Saudi Arabia represents the Gulf Cooperation Council’s largest market for trucks and buses, with approximately 150,000 new units of commercial vehicles (“CVs”) added each year by 2022. Saudi Arabia’s move to eliminate oil dependency and raise revenue from non-oil activities and the resulting expansion of construction has fueled the need for a greater demand for commercial vehicles. “We are excited to be a new and innovative player in Saudi Arabia’s commercial vehicle market expansion and look forward to being a first mover vendor for the estimated 700,000 new commercial vehicles projected to be on the road by the year 2022,” Siyata CEO Marc Seelenfreund said in the news release. “Saudi Arabia’s CV market represents a major opportunity for Siyata’s growth, demonstrating the industry acceptance from leading national cellulars, end-use customers, and the worldwide market opportunity for our portfolio of innovative LTE push-to-talk devices.”
To view the full press release, visit http://ibn.fm/4mW9W
About Siyata Mobile Inc.
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. For more information, visit www.SiyataMobile.com and www.UnidenCellular.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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