Siyata Mobile Signs Distribution Agreement with Award-Winning Wireless Integrator, Source Inc.

Rhea-AI Summary

Siyata Mobile has partnered with Source Inc. to promote its Uniden UV350 in-vehicle communications device through a distribution agreement, targeting Verizon B2B customers. During Q4 2020, Source Inc. will run promotions for the UV350, which features LTE connectivity, Push-to-Talk Over Cellular, and advanced sound quality. This partnership aims to enhance wireless communication for professional drivers. Siyata's UV350 is notable for integrating multiple functions into a single device, optimizing communication for the construction and paving industries, thereby facilitating safe and effective operations.

Positive

• Partnership with Source Inc. to promote the Uniden UV350 to Verizon B2B customers.
• UV350 features advanced communication functions enhancing safety for professional drivers.
• Special promotion for the UV350 planned for Q4 2020.

Negative

• None.

VANCOUVER, British Columbia, Oct. 06, 2020 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. (TSX-V:SIM / OTCQX:SYATF/ FRA: WK3D) is pleased to announce, the Company has entered into a distribution agreement for its Uniden® UV350 with Source Inc., an award-winning wireless integrator and part of the Verizon Elite Partner Program that focuses on Verizon sales and activations in the United States.

Source Inc. constructs holistic wireless strategies for Verizon Business customers and has helped thousands of customers connect on Verizon’s network by providing seamless integration of wireless network and IoT solutions. During Q4 2020, Source Inc. will run a special promotion on the Company’s Uniden UV350 in-vehicle communications solution device.

Nicholas Yaeger, VP Sales of Siyata Mobile states, “We are extremely happy to partner with Source Inc. on this Q4 Promotion as we kick off sales activities into the Verizon B2B Sales Team. Source Inc. has a strong track record for bringing valuable solutions to the Verizon teams and they have been excited to have our UV350 in their portfolio since our first conversation. I’m confident that the Source Inc. team has what it takes to help engage with the Verizon teams and end-customers to ensure the success of this promotion.”

“On behalf of the Source Inc. team, we are honored to be partnering with Siyata Mobile in bringing this ‘best in class’ device to Verizon and our clients.” said John Schissel, President of Source Inc.

The Uniden® UV350 is the world’s first LTE in-vehicle communications device with a Push-to-Talk Over Cellular (PoC) function, crystal-clear sound for voice calls, Android data applications, and more. This device was built and designed to minimize excessive clutter often found in commercial vehicles by incorporating the functions of multiple devices into one. The carrier-grade PoC network allows drivers to have nationwide seamless communication between one another at the push of a button, ensuring safe communication for professional drivers in the paving and construction industry.

Uniden® UV350 Features Include:

• 4G LTE high speed data
• 5.5” widescreen LED display for easy monitoring
• Dedicated microphone and speaker for crystal-clear extra loud sound quality
• In-vehicle installation ensures device is always powered by the vehicle’s battery
• Extended cellular and GPS coverage with external antenna included
• Push-to-Talk Over Cellular (PoC) ensures instant communication at the push of a button

The UV350 is the first 4G/LTE all-in-one in vehicle fleet communication device that delivers crystal clear cellular voice calls, Push-to-Talk Over Cellular, data applications and more. This device was designed specifically for commercial vehicles ensuring safer communication for professional drivers.

For more information on the Uniden UV350, please visit: https://www.siyatamobile.com/uniden-uv350/

About Source Inc.

Source Inc. provides businesses with comprehensive wireless solutions through a broad array of hardware, software, connectivity, and helpdesk services.

As a Premiere VAI (Value Added Integrator) in the M2M (Machine to Machine) and IoT (Internet of Things) space, Source Inc.’s core solutions focus on enterprise grade wireless routers and modems, tablets, handheld devices, and connectivity solutions. We couple these solutions with robust, industry applications, mobile device management, and custom support options to ensure a complete wireless solution.

Our in-depth scoping process walks our clients through a mobility analysis, industry trends, data security risks, network infrastructure requirements, contingency planning and user adoption.

Visit www.sourceinc.com to learn more.

About Siyata Mobile Inc.

Siyata Mobile Inc. is a B2B global vendor of next generation Push-To-Talk over Cellular (PTT) devices and cellular 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 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.

Visit www.siyatamobile.com and http://www.unidencellular.com/ to learn more.

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

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

United States
Trevor Brucato, Managing Director
RBMG (RB Milestone Group LLC)
info@rbmilestone.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

What is the significance of the distribution agreement between Siyata Mobile and Source Inc. for SYTA?

The distribution agreement allows Siyata Mobile to promote the Uniden UV350 through Source Inc., targeting Verizon's B2B sales team, potentially increasing sales and market presence.

What features make the Uniden UV350 a competitive product for SYTA?

The Uniden UV350 offers LTE connectivity, Push-to-Talk Over Cellular capabilities, and crystal-clear sound, designed specifically for commercial vehicles to ensure safe communication.

When will the promotion for the Uniden UV350 by Source Inc. take place?

The promotion for the Uniden UV350 is scheduled for Q4 2020.

How does the partnership with Source Inc. impact Siyata Mobile's strategy for SYTA?

The partnership enhances Siyata Mobile's strategy by leveraging Source Inc.'s expertise in wireless solutions to penetrate the Verizon B2B market more effectively.