Siyata Mobile Announces New Order for SD7 Handsets and VK7 Vehicle Kits

Rhea-AI Summary

Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) has received an order for its SD7 Push-to-Talk (PTT) Handsets and VK7 Vehicle Kits from the City of Hawaiian Gardens, California. This order represents a shift from legacy two-way radios to Siyata's Push-to-Talk over Cellular (PoC) solution. The upgrade provides the city with ruggedized hardware, unlimited range for communication across departments, and a more cost-effective alternative to replacing existing end-of-life two-way radios.

CEO Marc Seelenfreund highlighted the potential for growth in the government sector, as municipalities seek solutions to reduce costs and improve service. The new system will benefit the city's Public Works, Recreation and Community Service, Public Safety, and Community Development departments by eliminating the signal boundary limitations of traditional two-way radios.

Positive

• New order received for SD7 Handsets and VK7 Vehicle Kits
• Expansion into government sector with potential for more orders
• Product offers cost-effective alternative to legacy two-way radios
• Solution provides unlimited range for inter-department communication

Negative

• None.

Insights

Technology Analyst

The adoption of Siyata Mobile's Push-to-Talk over Cellular (PoC) solution by the City of Hawaiian Gardens marks a significant shift in municipal communication infrastructure. This transition from legacy two-way radios to cellular-based systems represents a broader trend in public sector technology modernization.

Key advantages of this upgrade include:

• Extended Range: Unlike traditional two-way radios by signal boundaries, the PoC solution leverages cellular networks, potentially offering city-wide or even wider coverage.
• Cross-Department Communication: The system enables seamless communication across multiple city departments, enhancing operational efficiency.
• Cost-Effectiveness: Replacing end-of-life two-way radios with a cellular solution is likely more economical in the long run, considering maintenance and upgrade costs.
• Ruggedized Hardware: The SD7 handsets and VK7 vehicle kits are designed to withstand the demands of municipal use, ensuring durability and reliability.

While this order from a single municipality may not significantly impact Siyata's financials immediately, it serves as a valuable reference case for potential sales to other government entities. The public sector represents a substantial market opportunity for PoC solutions, as many municipalities are facing similar challenges with aging communication systems.

However, investors should note that the adoption cycle in government sectors can be slow and competition in the PoC market is intensifying. Siyata will need to demonstrate clear advantages and cost savings to capture a significant market share in this vertical.

Public Sector Consultant

The City of Hawaiian Gardens' decision to adopt Siyata Mobile's PoC solution reflects a growing trend in municipal governance towards digital transformation and operational efficiency. This move aligns with several key priorities for local governments:

• Fiscal Responsibility: By opting for a more cost-effective alternative to traditional two-way radios, the city demonstrates prudent financial management, potentially freeing up resources for other critical services.
• Service Improvement: Enhanced communication capabilities across departments can lead to more responsive and coordinated city services, directly benefiting residents.
• Technological Resilience: Upgrading to a cellular-based system reduces vulnerability to localized infrastructure failures, enhancing the city's ability to maintain operations during emergencies.

From a broader perspective, this implementation could serve as a case study for other municipalities, particularly those of similar size or facing comparable communication challenges. The success or failure of this deployment may influence decision-makers in other cities, potentially accelerating or hindering the adoption of PoC solutions in the public sector.

For Siyata, securing contracts with government entities can provide a stable revenue stream and credibility in the market. However, the company must be prepared to navigate the complex procurement processes and stringent security requirements often associated with public sector contracts.

Investors should monitor the performance and user satisfaction of this deployment, as positive outcomes could lead to expanded opportunities within the government vertical, while any issues could hinder future growth in this sector.

Southern California municipality replaces legacy two-way radios

VANCOUVER, BC, July 25, 2024 /PRNewswire/ -- Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, today announced that it has received an order for its SD7 Push-to-Talk (PTT) Handsets and VK7 Vehicle Kits from the City of Hawaiian Gardens, California.

Marc Seelenfreund, CEO of Siyata, commented, "We are pleased to support the City of Hawaiian Gardens with our solution. By installing our PTT solution in city vehicles, the City is able to securely communicate across its operations, regardless of location, using a highly reliable cellular infrastructure. The opportunities within the government vertical are plentiful as municipalities and states seek solutions that will reduce costs and improve the level of service provided to their constituents."

Upgrading the City's legacy radio operations to Siyata's PTT cellular solution provides the City with proven, ruggedized hardware and unlimited range for communicating across multiple city departments and importantly, the solution is a more cost-effective alternative to replacing its existing end-of-life two-way radios. Signal boundaries are a limiting factor with two-radios. With Siyata's solution, the City's Public Works, Recreation and Community Service, Public Safety and Community Development departments are no longer constrained by two-way radio signal boundaries.

About Siyata Mobile

Siyata Mobile Inc. is a B2B global developer and vendor of next-generation Push-To-Talk over Cellular handsets and accessories. Its portfolio of rugged PTT handsets and accessories enables first responders and enterprise workers to instantly communicate over a nationwide cellular network of choice, to increase situational awareness and save lives. Police, fire, and ambulance organizations as well as schools, utilities, security companies, hospitals, waste management companies, resorts and many other organizations use Siyata PTT handsets and accessories today.

In support of our Push-to-Talk handsets and accessories, Siyata also offers enterprise-grade In-Vehicle solutions and Cellular Booster systems enabling our customers to communicate effectively when they are in their vehicles, and even in areas where the cellular signal is weak.

Siyata sells its portfolio through leading North American cellular carriers, and through international cellular carriers and distributors.

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 www.siyata.net and unidencellular.com to learn more.

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.

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SOURCE Siyata Mobile Inc.

FAQ

What products did Siyata Mobile (SYTA) receive an order for from the City of Hawaiian Gardens?

Siyata Mobile received an order for its SD7 Push-to-Talk (PTT) Handsets and VK7 Vehicle Kits from the City of Hawaiian Gardens, California.

How does Siyata's PTT solution benefit the City of Hawaiian Gardens compared to traditional two-way radios?

Siyata's PTT solution provides ruggedized hardware, unlimited range for communication across departments, and is more cost-effective than replacing end-of-life two-way radios. It also eliminates the signal boundary limitations of traditional radios.

Which departments in the City of Hawaiian Gardens will benefit from Siyata's (SYTA) new communication system?

The Public Works, Recreation and Community Service, Public Safety, and Community Development departments of the City of Hawaiian Gardens will benefit from Siyata's new communication system.

What potential growth opportunity does Siyata Mobile (SYTA) see in the government sector?

Siyata Mobile sees plentiful opportunities in the government sector as municipalities and states seek solutions to reduce costs and improve service levels to their constituents.