Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to provide an update on the Company's advancement with developing a 5G dedicated "in-vehicle" smartphone for commercial fleets and vehicles.
The Company's intention for this device is tocompliment the 4G/LTE UV350, allowing for a strong variety of cutting-edgeproduct offerings. The 5G device will allow for various form factors that canbe incorporated for the specific needs of the Company's diversified customerbase. With 5G networks expecting to launch nationwide in North America over thecoming year, the Company aims to provide an in-vehicle solution to meet thedemand when it arises.
In addition to the North American launch ofthe 4G/LTE Uniden (R) UV350, the next generation 5G device builds a powerfulpipeline of product offering for commercial fleets, vehicles and firstresponders for the next ten years. Existing North American Tier 1 carrierrelationships will benefit the 5G launch as the technology becomes relevant inthe commercial vehicle market. .
VP of Technology of Siyata Mobile, Gidi Bracha,comments, "We understand the importance of staying ahead of the evolvingtelecom market and have commenced developing a 5G smartphone in preparation ofthese networks launching nationwide. 5G networks are expected to work alongsideexisting 3G and 4G networks, and our next generation 5G device will be a strongcomplement to our existing in-vehicle device category."
Marc Seelenfreund, CEO of Siyata Mobilestates, "Our seven years of experience in working with commercial vehiclecustomers and cellular operators gives us strong competitive edge in knowingour customers' form factor and technology needs, while understanding thestringent requirements to have a carrier grade approval. 5G technology has avery exciting future and we plan to be first to market with a 5G dedicatedin-vehicle device."
The commercial vehicle market is among the variousindustries expected to benefit from the improved connectivity of 5G networks.As the majority of these vehicles continue to transition to cellular-basedtechnology, the Company will continue to address this market with the mostupdated technology available including various form factors than can bedeveloped for the specific needs of its diversified customer base.
AboutSiyata
Siyata Mobile Inc. is a leading globaldeveloper and provider of cellular communications systems for enterprisecustomers, specializing in connected vehicle products for professional fleets,marketed under the Uniden (R) Cellular brand. Since developing the world's first3G dedicated in-vehicle device, Siyata has been a pioneer in the industry,launching the world's first 4G LTE all-in-one fleet communications device.Incorporating voice, push-to-talk over cellular, data, and fleet managementsolutions into a single device, the company aims to become the connectedvehicle communications device of choice for commercial vehicles and fleetsaround the world.
Siyata also offers rugged phones forindustrial users and signal boosters for homes, buildings, and fleets with poorcell coverage. Siyata's customers include cellular operators, commercialvehicle technology distributors, and fleets of all sizes in Canada, the U.S.,Europe, Australia, and the Middle East.
Visit www.siyatamobile.com and http://www.unidencellular.com/ to learn more.
On Behalf of the Board of Directors of:SIYATA MOBILE INC.Marc SeelenfreundCEO and Chairman
Investor Relations:Arlen HansenKin Communications1-866-684-6730SIM@kincommunications.com
Sales Department:Glenn Kennedy, VP SalesSiyata Mobile Inc.416-892-1823glenn_kennedy@siyatamobile.com
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Thisnews release may include forward-looking statements that are subject to risksand uncertainties. All statements within, other than statements of historicalfact, are to be considered forward looking. Although the Company believes theexpectations expressed in such forward-looking statements are based onreasonable assumptions, such statements are not guarantees of futureperformance and actual results or developments may differ materially from thosein forward-looking statements. Factors that could cause actual results todiffer materially from those in forward-looking statements include marketprices, continued availability of capital and financing, and general economic,market or business conditions. There can be no assurances that such statementswill prove accurate and, therefore, readers are advised to rely on their ownevaluation of such uncertainties. We do not assume any obligation to update anyforward-looking statements except as required under the applicable laws.