Siyata Mobile Appoints LaRue Martz as US VP Sales for Uniden® Cellular Signal Boosters

Rhea-AI Summary

Siyata Mobile has appointed LaRue Martz as the new US VP of Sales for its Uniden® cellular signal booster portfolio. Martz brings over 20 years of sales experience in telecommunications, previously working with AT&T, Nextivity, Samsung, and Huawei. The company expects Martz to help expand its cellular booster business in response to the rising demand due to poor network coverage and the shift towards cellular communication. The global cellular signal booster market is forecasted to grow from $8.2 billion in 2017 to $17.6 billion by 2025, indicating significant growth potential.

Positive

• Appointment of LaRue Martz as US VP Sales expected to enhance leadership and strategic focus.
• Martz's extensive experience in telecommunications could significantly boost sales efforts.
• Growing demand for cellular boosters during COVID-19 can lead to increased market share.

Negative

• None.

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 the appointment of LaRue Martz as US VP Sales for the Company’s Uniden® cellular signal booster portfolio effective immediately.

Mr. Martz is an experienced sales executive with a demonstrated history across various leading telecommunications companies, such as Nextivity, Samsung Wireless and Huawei. Mr. Martz has over 20 years of experience working with AT&T and most recently was Director of Sales at Nextivity, a leading cellular signal booster vendor, where he led the AT&T and FirstNet accounts.

LaRue Martz adds, “Siyata has a strong booster portfolio for both enterprise customers, first responders and consumers and I am excited to join their dynamic team.”

Marc Seelenfreund, CEO of Siyata Mobile added, “With Mr. Martz’s experience in this specific product vertical, we are confident that he will be a valuable asset in helping the Company significantly expand its cellular booster business. During COVID-19, the demand for boosters is increasing now more than ever as first responders, enterprise workers and individuals realize the importance of strong cellular connectivity no matter where they are. We look forward to working with Mr. Martz at Siyata in aggressively growing our US booster business.”

A cellular signal booster is a device used for increasing the signal for cellular devices such as phones, tablets, modems or any device that relies on a cellular connection. They come in kits designed for vehicles or buildings of different sizes such as homes, cottages and offices all the way up to commercial and industrial buildings like stores, restaurants, factories and warehouses.

According to 360 Research Reports, the global Cellular Signal Booster market is valued at $8.2B in 2017 and will reach $17.6BUS by the end of 2025, growing at a CAGR of 10.0% during 2018-2025.

The market for Cellular Signal Boosters is expected to grow rapidly over the coming years, particularly in the USA due to the combination of the poor network coverage in some areas, large scale departure from the land-line systems and first responders/enterprise workers transitioning towards cellular networks for connectivity.

A select list of the Uniden® cellular signal booster products can be found here: https://unidencellular.ca/booster_kits

About Siyata
Siyata Mobile Inc. is a B2B global vendor of next generation Push-To-Talk over Cellular (PTT) devices and cellular signal 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 signal 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.
Twitter: @SiyataMobile
LinkedIn: Siyata Mobile

On Behalf of the Board of Directors of:
SIYATA MOBILE INC.
Marc Seelenfreund
CEO

Investor Relations:
Arlen Hansen
Kin Communications
1-866-684-6730
SIM@kincommunications.com

Sales Department:
Glenn Kennedy, VP Sales
Siyata Mobile Inc.
416-892-1823
glenn_kennedy@siyatamobile.com

Neither 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.

FAQ

Who is LaRue Martz?

LaRue Martz is the newly appointed US VP of Sales for Siyata Mobile's Uniden® cellular signal booster portfolio, with over 20 years of experience in telecommunications.

What is the significance of LaRue Martz's appointment?

Martz's appointment is expected to strengthen Siyata's sales efforts and enhance their market presence in the growing cellular booster sector.

How is the cellular signal booster market expected to grow?

The global cellular signal booster market is projected to grow from $8.2 billion in 2017 to $17.6 billion by 2025, driven by increasing demand for better cellular connectivity.

What role will LaRue Martz play at Siyata?

Martz will lead the sales strategy for Siyata's Uniden® cellular signal booster products, aiming to expand their market share and address growing demand.