Lte | 2022-08-22

Siyata Mobile Announces Second Quarter 2022 Financial Results

Siyata Mobile Inc. (NASDAQ: SYTA, SYTAW) (“Siyata” or the “Company”) a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular signal booster systems, announced its unaudited financial results for the three months ended June 30, 2022.

“We delivered on our plans to continue building our channel infrastructure during the second quarter, achieving multiple significant wins that we believe set the stage for fast and broad customer adoption of our game changing SD7 device and accessories in the quarters ahead,” said Marc Seelenfreund, Founder and CEO of Siyata. “This foundation of increased distribution is directly leading to many potential significant opportunities that are expected to drive meaningful volume growth in an increasing number of verticals beyond our primary first responders focus, including: government, school districts, utilities, security, retail, amusement parks and hotel resorts, to name but a few. We believe our broad and innovative product portfolio, combined with our North American and international distribution relationships will allow us to achieve strong growth from Q3 2022 and beyond”

“I am also pleased to report our recent attendance at APCO International (Association of Public-Safety Communications Officials) confirms the explosive interest in our products from multiple carriers, distributors, enterprise and government customers,” continued Seelenfreund. “This was another exceptional show for us with interest in our products stronger than we have ever seen.”