Siyata Mobile Announces $900,000 Follow-On Orders

Rhea-AI Summary

Siyata Mobile Inc. (NASDAQ:SYTA)(NASDAQ:SYTAW) has received a $900,000 order for its UV350 In-Vehicle device and PTT rugged handsets from existing international Defense and EMS customers. The order is expected to be delivered in Q4 2023 and Q1 2024. CEO Marc Seelenfreund stated that the orders increase their penetration with existing customers, affirming the positive impact of their communication solutions.

Expands Relationship with Existing International Defense and EMS Customers

VANCOUVER, BC / ACCESSWIRE / December 7, 2023 / Siyata Mobile Inc. (NASDAQ:SYTA)(NASDAQ:SYTAW) ("Siyata" or the "Company"), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular signal booster systems, today announced that it has received a $900,000 order for existing international Defense and EMS customers for the Company's UV350 In-Vehicle device, and its PTT rugged handsets.

The order is expected to be delivered during the fourth quarter of 2023 and the first quarter of 2024.

Marc Seelenfreund, CEO of Siyata, stated, "These orders increase our penetration with existing customers and affirm the positive impact our communication solutions are having. We are pleased that they are satisfied with the performance of our devices and will be deploying more of them across their mission critical operations."

About Siyata Mobile

Siyata Mobile Inc. is a B2B global vendor of next generation Push-To-Talk over Cellular devices, cellular booster systems, and video monitoring solutions. Its portfolio of in-vehicle and rugged devices enable first responders and enterprise workers to instantly communicate, over a nationwide cellular network of choice, to increase situational awareness and save lives.

Its portfolio of enterprise grade and consumer cellular booster systems enables first responders and enterprise workers to amplify cellular signals in remote areas, inside structural buildings where signals are weak and within vehicles for the maximum cellular signal strength possible.

For its video monitoring system, Siyata integrates software that we license with off-the-shelf hardware providing our customers with an integrated advanced camera system for management and visual monitoring of their fleet vehicles.

Siyata's common shares trade on the Nasdaq under the symbol "SYTA" and its previously issued warrants trade on the Nasdaq under the symbol "SYTAW."

Visit siyatamobile.com and unidencellular.com to learn more.

Investor Relations (Canada):
Kin Communications
1-866-684-6730
SYTA@kincommunications.com

Investor Relations (United States):
Brett Maas
Hayden IR
SYTA@Haydenir.com
646-536-7331

Siyata Mobile Corporate:
Glenn Kennedy, VP of International Sales
Siyata Mobile Inc.
glenn@siyata.net

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. 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 and social media have been provided as a convenience, and the information contained on such websites or social media is not incorporated by reference into this press release.

SOURCE: Siyata Mobile, Inc.

View source version on accesswire.com:
https://www.accesswire.com/814055/siyata-mobile-announces-900000-follow-on-orders

FAQ

What is the recent announcement from Siyata Mobile Inc. (SYTA)?

Siyata Mobile Inc. (SYTA) has received a $900,000 order for its UV350 In-Vehicle device and PTT rugged handsets from existing international Defense and EMS customers.

When is the expected delivery of the order?

The order is expected to be delivered during the fourth quarter of 2023 and the first quarter of 2024.

Who is the CEO of Siyata Mobile Inc. (SYTA)?

The CEO of Siyata Mobile Inc. (SYTA) is Marc Seelenfreund.

What products are included in the $900,000 order?

The $900,000 order includes the UV350 In-Vehicle device and PTT rugged handsets.

What impact does the CEO expect from the orders?

CEO Marc Seelenfreund stated that the orders increase their penetration with existing customers, affirming the positive impact of their communication solutions.