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Siyata Mobile Provides Additional Update on its AI-Powered PTT Device

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Siyata Mobile has introduced new features to its SD7 Wired Palm Mic Pro with AI Noise Cancellation, enhancing its utility in loud work environments. The device, compatible with Siyata's SD7 Handset, now employs AI to adjust microphone levels, isolate human voices, and suppress background noises. Additionally, it normalizes voice levels for consistent conversation quality. Applications include concert halls, construction sites, road crews, mining vehicles, and first responder vehicles. CEO Marc Seelenfreund emphasizes the company's commitment to leading the $7 billion Push-to-Talk over Cellular market and anticipates further innovations in 2024.

Positive
  • Introduction of AI-powered noise cancellation in the SD7 Wired Palm Mic Pro.
  • Enhanced features for better communication in loud work environments.
  • Potential applications across various industries including construction, mining, and first response.
  • Reinforces Siyata's position as a leader in AI-based Remote Speaker Mics.
  • Expected further innovations throughout 2024.
Negative
  • No immediate financial metrics or revenue projections provided.
  • Potential high development and implementation costs for new features.
  • Uncertainty regarding market adoption and customer acceptance of new features.

The integration of advanced AI noise cancellation technology into Siyata's SD7 and VK7 Wired Palm Mic Pro represents a significant technical advancement. By isolating and transmitting only the human voice amidst loud environments, Siyata taps into a important need for clear communication in sectors such as construction, emergency services and mining. The ability to adjust microphone levels dynamically and normalize voice levels ensures reliability and clarity, which are vital for safety and operational efficiency.

From a technical viewpoint, this innovation positions Siyata as a leader in the AI-powered Remote Speaker Mics (RSMs) market. The application of this technology in noisy environments highlights its practical benefits, potentially reducing miscommunication and enhancing safety measures. However, the competitive landscape for AI-driven communication devices is intense and sustained R&D investments will be essential to maintain this edge.

The Push-to-Talk over Cellular (PoC) market, valued at $7 billion, presents a substantial revenue opportunity for Siyata Mobile. The enhanced features of the SD7 and VK7 Wired Palm Mic Pro align well with the growing demand for reliable communication solutions in loud environments. The sectors targeted—concert halls, construction sites and first responder vehicles—are characterized by high noise levels and require innovative solutions for effective communication.

Introducing these features can help Siyata capture a larger share of the PoC market, especially among enterprise and emergency service customers. However, the company will need to focus on aggressive marketing and strategic partnerships to fully capitalize on this technological advancement. The long-term success will depend on the ability to scale production and ensure competitive pricing.

New Features Expand Applications for Loud Work Environments

VANCOUVER, BC, May 23, 2024 /PRNewswire/ -- Following the press release on May 21, 2024 from Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, the Company is pleased to give further clarity on its recently introduced SD7 Wired Palm Mic Pro with AI Noise Cancellation. This innovative device, designed for use with the Company's SD7 Handset, now includes groundbreaking features that extend its functionality beyond simple noise cancellation.

The SD7 Wired Palm Mic Pro leverages advanced AI to adjust and compensate microphone levels, ensuring that only the human voice is isolated and transmitted, while background noises—whether stationary or dynamic—are effectively suppressed. This sophisticated technology also normalizes voice levels, maintaining smooth conversation quality regardless of the speaker's proximity to the microphone. The Company also offers a VK7 Wired Palm Mic Pro with AI Noise Cancelation, so that this same innovative noise cancelation is available for first responder vehicles, and for enterprise vehicles with the Siyata VK7 Vehicle Kit.

Potential Applications for the New Features:

  • Loud concert halls for security and support staff.
  • Construction sites with heavy machinery.
  • Road crews working in noisy traffic environments.
  • Mining vehicles engaged in ore extraction.
  • First responder vehicles during emergency situations with active sirens.

Marc Seelenfreund, CEO of Siyata, commented, "Our commitment to leading the $7 Billion Push-to-Talk over Cellular market drives us to continually innovate with customer-focused solutions. The enhanced features of the Wired Palm Mic Pro with AI Noise Cancellation reinforce our position as a pioneer in AI-based Remote Speaker Mics (RSMs). This product not only allows first responders and enterprise customers to communicate more clearly in loud environments but also ensures seamless and uninterrupted communication. We are excited about the potential impact of this technology and look forward to introducing further innovations throughout 2024."

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 previously issued warrants trade on the Nasdaq under the symbol "SYTAW."

Visit www.siyata.net and unidencellular.com to learn more.

Investor Relations (Canada):
Kin Communications
1-866-684-6730
SYTA@kincommunications.com

Investor Relations (United States):
Brett Maas
Hayden IR
SYTA@Haydenir.com
646-536-7331

Siyata Mobile Corporate:
Glenn Kennedy, VP of International Sales
Siyata Mobile Inc.
glenn@siyata.net

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.

FAQ

What are the new features of Siyata's SD7 Wired Palm Mic Pro?

The SD7 Wired Palm Mic Pro now includes AI-powered noise cancellation, which adjusts microphone levels, isolates human voices, and suppresses background noises.

What industries can benefit from Siyata's AI-powered noise cancellation technology?

Industries such as construction, mining, road crews, concert halls, and first responder vehicles can benefit from this technology.

When was the press release about Siyata's new features published?

The press release was published on May 23, 2024.

How does the SD7 Wired Palm Mic Pro improve communication?

It improves communication by normalizing voice levels and ensuring only human voices are transmitted, suppressing background noise.

What is the market potential of Siyata's innovations according to the CEO?

CEO Marc Seelenfreund sees potential in leading the $7 billion Push-to-Talk over Cellular market with their innovations.

Siyata Mobile Inc.

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