- 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
