Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) on Thursday announced that its 2019 year-end audited financial statements have been filed on SEDAR. “We recognize that the transition from our 3G portfolio to our diverse product selection of 4G/LTE devices impacted our top line revenue, however, our gross margins and EBITDA improved as a result of the 4G sales and higher percentage mix of sales in North America as expected,” Siyata Mobile CEO Marc Seelenfreund stated in the news release. “With device approvals behind us, we are now actively working with North American carriers, offering our UV350 to their enterprise and first responder customers. We are very pleased with the progress that we are making with the carriers and distributors to penetrate our target markets, with growing sales and numerous large scale opportunities in the works.”
To view the full press release, visit http://ibn.fm/AjXfc
About Siyata
Siyata Mobile Inc. is a global vendor of in-vehicle cellular IoT solutions for first responder and commercial fleet vehicles. The flagship UV350 is the world’s first 4G/LTE in-vehicle IoT cellular solution, incorporating voice, data, push-to-talk over cellular, fleet management, and other public safety software to increase situational awareness, and save lives.
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 www.UnidenCellular.com to learn more.
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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