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Siyata Mobile Inc. (SYTAW)

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    • Siyata Mobile Receives Purchase Order to Equip Police Vehicles with the UV350
      GlobeNewswire

      Siyata Mobile Receives Purchase Order to Equip Police Vehicles with the UV350

      PO Marks Single Largest Order to Date from a Police DepartmentVANCOUVER, British Columbia, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) (“Siyata” or the “Company”), a leading global developer and provider of cellular communications solutions for enterprise customers, today announced that it has received a purchase order to equip 600 police vehicles with the UV350, the Company’s flagship, purpose-built, in-vehicle, all-in-one communication device. The Company expects this order to be delivered in Q1 2021 and increased to 1,200 vehicles during the remainder of 2021. “This agreement marks the largest police force purchase order Siyata has received to date, which we believe underscores the UV350’s unique utility for first responders,” stated Marc Seelenfreund, CEO of Siyata Mobile. “Among the important attributes of the UV350 is its nationwide coverage, coupled with the ability for various first responder groups to instantly communicate with one another on the same network. With the benefits of an all-in-one communication device, we believe that the UV350 will continue to strongly resonate within the first responder community and be an asset that increases efficiency and reliability.” The UV350 is built and designed to minimize the excessive clutter often found in the cabin of first responder vehicles, such as fire trucks, ambulances, and police squad cars, by combining the functions of multiple devices into one. Using Push-to-Talk Over Cellular (PoC), drivers can communicate with crystal-clear sound at the touch of a button, and unlike traditional cellular communication devices, the UV350 is powered by the vehicle’s battery and has cellular signal boosting technology to ensure drivers are always connected in emergency situations. UV350 features include: LTE high-speed data;5.5-inch widescreen light-emitting diode (LED) display for easy monitoring;Dedicated microphone and speaker for crystal-clear, extra-loud sound quality;In-vehicle installation ensures device is always powered by the vehicle's battery;Extended cellular and Global Positioning System (GPS) coverage with external antenna included;Push-to-talk over cellular ensures instant communication at the push of a button. About the Uniden® UV350 The Uniden® UV350 is the first 4G/LTE all-in-one in vehicle fleet communication device that delivers crystal clear cellular voice calls, PoC, mobile applications, and more. This device was designed specifically for commercial vehicles to ensure safer communication for professional drivers. For more information the UV350, visit: https://www.siyatamobile.com/uniden-uv350/ About Siyata Mobile Siyata Mobile Inc. is a Business-to-Business (B2B) global vendor of next generation PoC devices and cellular booster systems. Its portfolio of in-vehicle and rugged smartphones enables first responders and enterprise workers to instantly communicate, over a nationwide cellular network of choice, to improve communication, increase situational awareness, and save lives. Its portfolio of enterprise cellular booster systems enables first responders and enterprise workers to amplify its cellular signal in remote areas, inside structural buildings where signals are weak, and within vehicles for maximum cellular signal strength possible. Siyata’s common shares trade on the Nasdaq under the symbol “SYTA” and its warrants under the symbol “SYTAW”. Visit siyatamobile.com and unidencellular.com/ to learn more. Investor Relations (Canada):Kin Communications1-866-684-6730SYTA@kincommunications.com Investor Relations (United States)CORE IR516-222-2560SYTA@coreir.com Sales Department:Glenn Kennedy, VP International SalesSiyata Mobile Inc.416-892-1823glenn_kennedy@siyatamobile.com Forward Looking Statements This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Siyata is using forward-looking statements in this press release when it discusses the expected timing of the fulfillment of the purchase order and the potential increase to the order, the belief that the purchase order underscores the UV350’s unique utility for first responders and the belief that the UV350 will continue to strongly resonate within the first responder community and be an asset that increases efficiency and reliability. Because such statements deal with future events and are based on Siyata’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Siyata could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Siyata’s filings with the Securities and Exchange Commission (“SEC”), and in any subsequent filings with the SEC. Except as otherwise required by law, Siyata undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

    • Siyata Mobile Receives USD$650,000 Order to Equip Homeland Security with its Rugged Devices
      GlobeNewswire

      Siyata Mobile Receives USD$650,000 Order to Equip Homeland Security with its Rugged Devices

      VANCOUVER, British Columbia, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) (“Siyata” or the “Company”) is pleased to announce that it has received a USD$650,000 purchase order to equip homeland security in the Middle East with its handheld rugged Push-to-Talk (PTT) devices. Siyata’s rugged devices are designed for enterprise users who require a sturdy yet cost-effective PTT device that they can use in the field with applications to improve communication, worker safety and enterprise efficiencies. Marc Seelenfreund, CEO of Siyata Mobile, states, "This is an exciting win for Siyata as it demonstrates the strong, continual demand for our rugged device PTT portfolio. Our rugged handheld devices are made for the toughest working environments and are a reliable choice for workers who require a cost effective, convenient and powerful all-in-one rugged smartphone.”The Company’s rugged devices are available on a carrier-grade PoC network that allows workers to have nationwide unified communication between one another at the push of a button, ensuring safe and efficient communication when working in public security. Our rugged handset devices aim to provide customers with the functionality and ease of a rugged smartphone handset, while offering high speed LTE data services and a large PTT button for seamless communication between enterprise users.About Siyata Mobile Inc. Siyata Mobile Inc. is a B2B global vendor of next generation Push-To-Talk over Cellular (PTT) devices and cellular booster systems. Its portfolio of in-vehicle and rugged smartphones enable first responders and enterprise workers to instantly communicate, over a nationwide cellular network of choice, to improve communication, increase situational awareness and save lives.Its portfolio of enterprise cellular booster systems enables first responders and enterprise workers to amplify its cellular signal in remote areas, inside structural buildings where signals are weak and within vehicles for maximum cellular signal strength possible.Siyata’s common shares trade on Nasdaq under the symbol “SYTA”, its warrants under “SYTAW.”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 CEOInvestor Relations Trevor Brucato, Managing Director RBMG (RB Milestone Group LLC) info@rbmilestone.comSales Department: Glenn Kennedy, VP Sales Siyata Mobile Inc. 416-892-1823 glenn_kennedy@siyatamobile.comThis release contains forward-looking statements that are subject to various risks and uncertainties. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions and are not historical facts and typically are identified by use of terms such as "may," "should," "could," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" and similar words, although some forward-looking statements are expressed differently. You should be aware that the forward-looking statements in this press release represent management's current judgment and expectations, but our actual results, events and performance could differ materially from those in the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, risks discussed in our F-1/A, filed with the SEC on September 22, 2020. We caution you not to place undue reliance upon any such forward-looking statements, where businesses can be impacted by rapidly changing state and federal regulations, as well as the health and availability of their workforce. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, other than as required under the Federal securities laws.

    • GlobeNewswire

      Siyata Mobile Reports Q2 Revenue of $2.95M, a 47% Increase Over Q2 2019

      NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Oct. 13, 2020 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW) (TSX-V:SIM) (“Siyata” or the “Company”) is pleased to announce $2.95M in revenue in Q2 2020, a 47% increase in sales over Q2 2019 with growing sales in North America resulting in a 25% increase in gross margins.Q2 2020 Highlights: * Reports $2.95M of revenue in Q2 2020 vs $2.04MM in Q2 2019, an increase of 47% YoY * Q2 2020 gross margins of 33% vs 26.5% in Q2 2019, an increase of 25% YoY * Q2 2020 EBITDA is negative $850,000 vs negative $1.4MM in Q2 2019, a positive variance of $560,000 * Q2 2020 net loss of $969,000 vs $2.4MM in Q2 2019, a positive variance of $1.4M"We are pleased that our company sales are over 20% higher compared to the first six months of last year, despite the global pandemic. Our sales in Q2 have grown by 40% and our gross margin has also increased significantly as we continue to focus our sales efforts on the large scale North American market,” said Marc Seelenfreund, CEO of Siyata Mobile.Important Milestones and Subsequent Events to Q2 2020: * Announced and closed US$12.6MM U.S. Initial Public Offering on NASDAQ * Hired two key sales executives for the Verizon account and cellular booster sales * Partnered with Source Inc. a premium Verizon partner for sales of the Company’s UV350 * Launched “Hero Series” cellular signal booster line dedicated to first responders * Partnered with Insight, a Fortune 500 distribution company to increase cellular signal booster sales to their customer base * Aligned with Canadian Vive Wireless and received initial purchase order from leading Canadian construction company * Entered into a new alliance with Hyperion Partners and received first purchase order for UV350 Full Financial statements can be found at www.sedar.comAbout Siyata Siyata Mobile Inc. is a B2B global vendor of next generation Push-To-Talk over Cellular (PTT) devices and cellular booster systems. Its portfolio of in-vehicle and rugged smartphones enable first responders and enterprise workers to instantly communicate, over a nationwide cellular network of choice, to improve communication, increase situational awareness and save lives.Its portfolio of enterprise cellular booster systems enables first responders and enterprise workers to amplify its cellular signal in remote areas, inside structural buildings where signals are weak and within vehicles for maximum cellular signal strength possible.Visit www.siyatamobile.com and http://www.unidencellular.com/ to learn more.Follow Siyata Mobile on Social MediaTwitter: @siyatamobile Linkedin: Siyata MobileOn Behalf of the Board of Directors of: SIYATA MOBILE INC. Marc Seelenfreund CEOInvestor Relations: Arlen Hansen Kin Communications 1-866-684-6730 SIM@kincommunications.comSales Department: Glenn Kennedy, VP Sales Siyata Mobile Inc. 416-892-1823 glenn_kennedy@siyatamobile.comNeither 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.