STOCK TITAN

Siyata Mobile SD7 PTT Handsets Selected by Public Utility to Replace Two-Way Radios

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Siyata Mobile (Nasdaq: SYTA, SYTAW) announced that the City of Lancaster Public Utilities Department has selected its SD7 Push-to-Talk (PTT) handsets, VK7 Vehicle Kits, and accessories to replace traditional two-way radios. The department, responsible for utility services in Lancaster, Ohio, opted for Siyata's solution due to its ruggedness, ease of use, and operational benefits. The SD7 handsets are expected to offer cost savings and surpass the limitations of traditional land-to-mobile technology, essential for utility field work. Traffic Control Supervisor Charlie Mullett highlighted the versatility and familiarity of the SD7 units, which can function both as handheld and docked units in vehicles.

Positive
  • City of Lancaster Public Utilities Department selected Siyata Mobile's SD7 PTT handsets, indicating market acceptance and trust.
  • SD7 handsets provide cost savings and operational benefits, positively impacting the utility department's budget and efficiency.
  • The versatility of SD7 units, functioning as both mobile rugged handhelds and docked units, enhances usability in various field conditions.
  • The deal includes VK7 Vehicle Kits and related accessories, potentially increasing Siyata's revenue from accessory sales.
Negative
  • The press release does not disclose the financial details of the order, leaving the financial impact on Siyata's revenue unclear.
  • Replacing existing technology involves transition costs and potential temporary disruptions, which might affect the utility department's operations.

Insights

The selection of Siyata Mobile’s SD7 Push-to-Talk (PTT) handsets by a public utilities department highlights a significant adoption of Push-to-Talk over Cellular (PoC) technology in operational settings. The migration from traditional two-way radios to PoC demonstrates a trend towards leveraging cellular networks to enhance communication efficiency and reliability. PoC technology utilizes cellular data to transmit voice communications, which provides a broader coverage range compared to traditional radio frequencies. This move can lead to cost savings as it reduces the infrastructure needed to maintain radio towers. Additionally, the rugged design of the SD7 handsets ensures durability in extreme working conditions, a common requirement in utility fieldwork.

Rating: 1 (positive)

The integration of Siyata's SD7 handsets into a municipal utility's operations can be seen as a strategic win for the company, potentially enhancing its market credibility and expanding its footprint in the public sector. This order could serve as a benchmark for other municipalities and utilities, driving further sales. From a market perspective, this can signify sector confidence in Siyata's product capabilities, which may positively impact the company's stock performance. Investors might find this development encouraging as it demonstrates the practical adoption and endorsement of Siyata's products by a public entity. The operational benefits and simplicity in transitioning from familiar two-way radios to the SD7 handsets also suggest a lower barrier to adoption for other similar organizations.

Rating: 1 (positive)

City of Lancaster, Ohio Integrates Solution into Day-to-Day Utility Operations

VANCOUVER, BC, May 28, 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 from the City of Lancaster Public Utilities Department for its SD7 Push-to-Talk (PTT) handsets, VK7 Vehicle Kits and related accessories. The department provides utilities for the residents of Lancaster, Ohio.

Siyata CEO, Marc Seelenfreund, commented, "Our SD7 Handset was deemed the best choice for use by the department because it is rugged, simple to use and is proven to provide both cost savings and operational benefits. Our solution surpasses the limitations of traditional land-to-mobile technology making it ideally suited for utility field work, which is often performed in extreme conditions when reliable communications are critical to restoring service and performing maintenance."

Charlie Mullett, Traffic Control Supervisor from Lancaster's Department of Transportation commented, "We chose the Siyata SD7 unit along with the VK7 Vehicle Kit because we like the versatility of having the high-performance PTT Communication as a mobile rugged handheld or as a docked unit in our transportation vehicles. The handset is simple to use and similar to two-way radios making it a good fit for staff who were already accustomed to using radios."

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.

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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/siyata-mobile-sd7-ptt-handsets-selected-by-public-utility-to-replace-two-way-radios-302155587.html

SOURCE Siyata Mobile Inc.

FAQ

What did the City of Lancaster Public Utilities Department select to replace two-way radios?

The City of Lancaster Public Utilities Department selected Siyata Mobile's SD7 Push-to-Talk (PTT) handsets, VK7 Vehicle Kits, and related accessories.

Why did the City of Lancaster Public Utilities Department choose Siyata Mobile's SD7 handsets?

The department chose the SD7 handsets for their ruggedness, ease of use, cost savings, and operational benefits, surpassing the limitations of traditional land-to-mobile technology.

What are the benefits of Siyata Mobile's SD7 handsets?

Siyata Mobile's SD7 handsets provide cost savings, operational benefits, and versatility, functioning as both mobile rugged handhelds and docked units in vehicles.

How will Siyata Mobile's SD7 handsets impact the City of Lancaster's utility operations?

The SD7 handsets are expected to enhance communication reliability, especially in extreme conditions, improving service restoration and maintenance for the utility department.

Siyata Mobile, Inc.

NASDAQ:SYTA

SYTA Rankings

SYTA Latest News

SYTA Stock Data

5.69M
800.00k
0.01%
5.23%
3.61%
Communication Equipment
Technology
Link
United States of America
Montreal