Siyata Mobile Expands Presence in Mining Vertical with Order for SD7 Handsets from a Global Mining Company

Rhea-AI Summary

Siyata Mobile Inc. (Nasdaq: SYTA) has expanded its presence in the mining industry with a new order for SD7 handsets and accessories from a leading North American global mining company. The initial deployment will involve several hundred devices at a Canadian mining site, utilizing a private broadband network. Simultaneously, Siyata continues to supply UV350 Vehicle Kits to its long-standing customer Intellicom in Kazakhstan.

CEO Marc Seelenfreund expressed confidence that the new customer's experience with Siyata's devices will lead to improved communications and potential future sales expansion. The UV350 devices have been successfully used by heavy equipment operators in Kazakhstan for the past three years, providing effective and reliable communication in the mining industry.

Positive

• New order for SD7 handsets from a leading North American global mining company
• Initial deployment of several hundred devices at a Canadian mining site
• Continued delivery of UV350 Vehicle Kits to existing customer Intellicom in Kazakhstan
• Potential for future sales expansion with the new global mining customer

Negative

• None.

Continues to Deliver UV350 Vehicle Kits for Existing Mining Customer

VANCOUVER, BC, Aug. 23, 2024 /PRNewswire/ -- Siyata Mobile Inc. (Nasdaq: SYTA) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, today announced it has expanded its presence in the mining industry with an initial order for its SD7 handsets and related accessories from a new customer, a leading North American global mining company.

The Company also continues to deliver its UV350 Vehicle Kits to long-standing customer Intellicom, operating in Central Asia in the country of Kazakhstan.

Marc Seelenfreund, CEO of Siyata, commented, "This new customer will initially deploy several hundred SD7 devices and related accessories to one of its mining sites located in Canada for use on a private broadband network. The order establishes our presence with another large, global enterprise and creates a significant opportunity to expand our sales to them in the future. Like so many of our customers, I am confident that once mine operators use our devices, they will experience improved communications that will enhance their operations."

Seelenfreund added, "Over the course of the past three years, our UV350 all-in-one in vehicle fleet communication devices have been used by a heavy equipment operators in Kazakhstan to provide effective and reliable communication in the mining industry. Intellicom is a valued customer, and we are pleased to provide additional devices to them as they seek opportunities to improve communications and enhance operations."

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".

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 new order has Siyata Mobile (SYTA) received for its SD7 handsets?

Siyata Mobile has received an initial order for SD7 handsets and related accessories from a leading North American global mining company for deployment at a Canadian mining site.

How many SD7 devices will be deployed in the new mining order for Siyata Mobile (SYTA)?

The initial deployment will involve several hundred SD7 devices and related accessories at a Canadian mining site.

Which product is Siyata Mobile (SYTA) continuing to deliver to Intellicom in Kazakhstan?

Siyata Mobile is continuing to deliver its UV350 Vehicle Kits to Intellicom, a long-standing customer operating in the mining industry in Kazakhstan.

How long have Siyata Mobile's (SYTA) UV350 devices been used in Kazakhstan's mining industry?

Siyata Mobile's UV350 all-in-one in-vehicle fleet communication devices have been used by heavy equipment operators in Kazakhstan's mining industry for the past three years.