#Canada #Vancouver #Siyata Mobile #PoC Handsets #SD7 Ultra Series

Siyata Mobile Inc. Unveils Key Developments

Siyata Mobile Inc. (Nasdaq: SYTA), a prominent name in the Push-to-Talk over Cellular (PoC) technology sector, is making waves with new developments slated for late December 2024. The upcoming press event promises to highlight significant transformation within the company, further signaling its robust growth trajectory.

Press Event Scheduled

Siyata will be hosting a critical press conference featuring CEO Marc Seelenfreund along with other key executives. Details about the specific timing and streaming options for this event will be released shortly, inviting journalists and media representatives to RSVP for attendance and inquiries.

Recent Achievements

Siyata has experienced remarkable commercial success in recent months:

• - Record Revenue: Announced on November 14, Siyata achieved unprecedented quarterly revenue of $5.9 million, reflecting an impressive 200% increase year-over-year.
• - Major Orders Secured: On November 4, they confirmed a sizable order worth $2.5 million, set for the first quarter of 2025, specifically for their PoC handsets and Real Time View devices, demonstrating strong demand from existing clients.
• - Product Innovations: On October 21, Siyata introduced the next-generation SD7 Ultra Series 5G mission-critical push-to-talk cellular radio handsets. These devices are designed to leverage T-Mobile’s extensive 5G network, catering to a range of mission-critical operations.

CEO Marc Seelenfreund expressed confidence in the company's current standing, stating, “Siyata is in the best position it’s been in since our company's inception.” He emphasized the effectiveness of their capital investments in boosting various performance metrics and hinted at significant developments to come during the upcoming press event.

Siyata Mobile's Contributions

Siyata Mobile’s innovative products are tailored for B2B solutions, facilitating emergency response and enterprise communications. Their rugged PTT handsets are extensively utilized by police, fire services, ambulance organizations, schools, utilities, security companies, and more. These devices enhance communication effectiveness, increase situational awareness, and ultimately contribute to saving lives.

In addition to handsets, Siyata offers advanced In-Vehicle solutions and Cellular Booster systems, ensuring seamless communications even in vehicles or during poor cellular reception.

Market Position and Future Outlook

Siyata's products are available through leading North American cellular carriers and are expanding internationally. The company’s stocks trade under the symbol SYTA on Nasdaq., which offers investors a stake in a growing technology focused on enhancing critical communication tools for various industries.

Looking ahead, the company's strategic focus on product development and market expansion positions it for sustained growth and innovation in the telecommunications sector.

For more detailed information, visit Siyata Mobile.

Forward-Looking Statements

It is important to note that the future statements made concerning expectations and plans are subject to risks and uncertainties that could lead to actual outcomes differing significantly. Such factors include market dynamics, operational challenges, and regulatory changes, which are discussed in depth in the company’s filings with the SEC.