VANCOUVER, BC, Dec. 19,
2024 /CNW/ -- Siyata Mobile
Inc. (Nasdaq: SYTA) ("Siyata" or the
"Company"), a global developer and vendor of Push-to-Talk
over Cellular (PoC) handsets and accessories, is preparing to
make an announcement that is poised to redefine its trajectory.
On January 9, 2024, at
4:30 p.m. ET, Siyata will host
an exclusive online press conference to reveal details about its
most significant development in its history.
"Siyata is entering a transformative phase, and this development
marks the culmination of months of strategic negotiations and
execution. All shareholders are strongly encouraged to attend to
appreciate the significant implications for 2025," stated
Marc Seelenfreund, CEO.
Siyata Mobile is rapidly establishing itself as a global leader
in the multibillion-dollar Push-to-Talk over Cellular (PoC)
industry. Recent achievements, including record-breaking quarterly
revenue of $5.9 million—a 200%
year-over-year surge—and a $2.5
million order for Q1 2025, underscore the Company's
impressive growth. A recent order in The
Netherlands from a prominent national Dutch transportation
company marked a significant milestone in Siyata's international
expansion, further highlighting the global appeal of its innovative
solutions. With the launch of the SD7 Ultra Series 5G devices
capturing worldwide attention, Siyata is solidifying its position
as a driving force in mission-critical communications.
How to Join
The press conference will be streamed live, with details on
viewing access to be released shortly. Media representatives are
encouraged to RSVP or request additional information by contacting
IR@siyata.net.
About SD7 Ultra and the SD7 Ultra S by Siyata
Mobile
SD7 Ultra-5G and SD7 Ultra S-5G are powerful and functional
rugged Android PTT devices that feature superior sound quality for
clear communication while offering the same ruggedness and water
resistance as the original SD7. The two high-performance models
offer all the benefits of 5G cellular connectivity. The SD7 Ultra
S-5G also features a 4" LCD front touchscreen.
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 warrants under the symbol "SYTAW".
Visit www.siyata.net 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.
