Siyata Mobile Provides Business Update

Rhea-AI Summary

Siyata Mobile (Nasdaq: SYTA) announces its mention in a JVCKenwood press release regarding Push-to-Talk over Cellular (PoC) handsets. The collaboration leverages JVCKenwood's extensive North American dealer network and brand recognition to expand Siyata's market reach in the U.S. and Canada.

The Kenwood PoC Handsets will be showcased at two major industry events: the NRF 2025 Expo in New York City (January 12-14) and WoC 2025 in Las Vegas (January 20-23). JVCKenwood specializes in manufacturing analog and digital two-way radios, including DMR Tier II, P25 compliant, and NEXEDGE radios, serving various sectors including utility, public safety, government, education, healthcare, and business markets.

Positive

• Strategic partnership with JVCKenwood expands distribution network across North America
• Access to JVCKenwood's established dealer network of thousands of dealers
• Increased market exposure through major industry trade shows

Negative

• None.

News Market Reaction

-4.42%

1 alert

-4.42% News Effect

On the day this news was published, SYTA declined 4.42%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

VANCOUVER, BC, Jan. 14, 2025 /PRNewswire/ -- Siyata Mobile Inc. (Nasdaq: SYTA) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, today announced the Company was cited in a press release issued by JVCKenwood.

The full release is available at: https://www.police1.com/police-products/communications/radios/jvckenwood-usa-announces-availability-of-push-to-talk-over-cellular-poc-handsets

Marc Seelenfreund, CEO of Siyata, said, "JVCKenwood is a leader in technology and communications with widespread brand recognition and a well-established distribution network of thousands of dealers across North America. Our innovative push to talk over cellular solutions are a natural fit for its leading LMR portfolio. Importantly, this collaboration enables greater reach for our devices in the U.S. and Canada and thereby broadens our opportunity to increase placements in a meaningful way."

The Kenwood Push-to-Talk over Cellular (PoC) Handsets will be on display at NRF 2025 Expo, the National Retail Federation Conference, January 12-14, 2025 at the Jacob K. Javitz Convention Center in New York City and at WoC 2025, the World of Concrete Conference, January 20-23, 2025 at the Las Vegas Convention Center in Las Vegas.

JVCKENWOOD Corp. manufactures KENWOOD and Viking analog and digital two-way radios, including DMR Tier II and P25 compliant and NEXEDGE radios that use the NXDN protocol. JVCKENWOOD provides complete turnkey system solutions for the utility, public safety, government, education, healthcare, and business and industrial markets. For more detailed information, call JVCKENWOOD at 1-800-950-5005.

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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/siyata-mobile-provides-business-update-302350468.html

SOURCE Siyata Mobile Inc.

FAQ

What is the partnership between Siyata Mobile (SYTA) and JVCKenwood for PoC handsets?

Siyata Mobile's Push-to-Talk over Cellular (PoC) handsets will be distributed through JVCKenwood's extensive North American dealer network, leveraging their brand recognition and distribution capabilities.

Where will SYTA's Kenwood PoC Handsets be displayed in January 2025?

The Kenwood PoC Handsets will be displayed at the NRF 2025 Expo in New York City (January 12-14) and the World of Concrete Conference (WoC 2025) in Las Vegas (January 20-23).

How will the JVCKenwood partnership impact SYTA's market reach?

The collaboration enables greater reach for Siyata's devices in the U.S. and Canada through JVCKenwood's network of thousands of dealers, potentially increasing product placements significantly.

What markets will SYTA's PoC handsets target through the JVCKenwood partnership?

The partnership will target utility, public safety, government, education, healthcare, and business and industrial markets through JVCKenwood's turnkey system solutions.