SIM.v/SIMFF +.065 to C$.425
Montréal, QC – Siyata Mobile Inc. (TSX-V:SIM / OTC PINK:SIMFF) (the "Company" or "Siyata") is pleased to announce that is has received a purchase order for its portfolio of Push-to-Talk Over Cellular devices (“PoC”) from an undisclosed mobile operator for $1.8MM CAD.
The purchase order is now the largest single order to date for Siyata’s PoC devices since integrating with Kodiak Push-to-Talk software. The order contains devices from both the Connected-Vehicle and mobile PoC devices, with the operator purchasing both product categories.
Siyata CEO Marc Seelenfreund commented, “This order continues to show the aggressive intent for mobile operators to replace two-way radio hardware, where they make no monthly revenue, with devices capable of Push-to-Talk solutions like ours. We are disrupting the aging two-way radio hardware market, and we believe this megatrend is in its infancy.” Marc continues, “With this order, we anticipate that Q1 revenue will continue to show significant growth and give us very strong momentum going into 2017.”
According to the United States Department of Transportation, in 2015 there were over 12 million fleet vehicles in the United States. Siyata aims to be the leading provider of connected vehicle and mobile hardware solutions as these commercial fleets upgrade their communication platforms to be compatible with next generation networks, PoC solutions and other software applications.
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About Siyata
Siyata Mobile Inc. is a leading global developer and provider of innovative cellular communication systems under the Uniden® Cellular brand. Siyata’s “Connected-Vehicle-Devices” are specifically designed for professional fleets including trucks, vans, buses, emergency service vehicles, government cars and more.
Siyata aims to provide greater mobile connectivity for professional drivers and to facilitate replacement of the aging in-vehicle, multi-device status quo with a single device that incorporates voice, push-to-talk, data, and fleet management solutions.
Visit www.siyatamobile.com and www.unidencellular.com to learn more.
On Behalf of the Board of Directors of:
SIYATA MOBILE INC.
Marc Seelenfreund
CEO
Sales Department:
Glenn Kennedy, VP Sales
1-416-892-1823
glenn_kennedy@siyatamobile.com
Investor Relations:
Arlen Hansen
Kin Communications
1-866-684-6730
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