Carrier Launch Streamlined and is Expected to be
Completed in Q4 2018
Siyata Mobile Inc. (the "Company" or "Siyata") (TSX-V:SIM)
(OTCQX:SYATF) is pleased to announce that an additional Tier 1
Cellular Operator in the United States has commenced network
certification for the Uniden® UV350, the world’s first and only
all-in-one 4G/LTE dedicated in-vehicle cellular device.
The approval process is being streamlined and is
expected to be completed in Q4 of 2018 as the Uniden® UV350 has
received all major government and industry approvals, including
Federal Communications Commission (FCC) Android compatibility test
suite (CTS), and PCS Type Certification Review Board
(PTCRB).
Marc Seelenfreund, President and CEO of Siyata,
stated, “We are very excited to be launching the UV350 in the
coming months with multiple leading cellular network providers in
North America. As a first-to-market, in-vehicle cellular IoT
device, the wide distribution between these carriers corners a
market 30 times the size of our existing sales channels providing
the potential for high impact revenue growth in the foreseeable
future. Very few cellular devices can achieve the levels of
certification and approvals we have received, and it serves as a
strong platform to begin working with additional operators in the
future.”
The Uniden® UV350 is an all-in-one, purpose
built in-vehicle Internet of Things (“IoT”) device to upgrade
antiquated two-way radio technology as a smarter, more advanced
solution to communicate, navigate and create in-vehicle
efficiencies never seen before in the commercial fleet and vehicle
market. Android-based applications and other features available for
download on the Uniden® UV350 help improve driver/worker safety and
create efficiencies not offered by single purpose hardware which
clutter the inside of a vehicle cabin which can be distracting for
drivers.
As cellular operators, generally do not generate
revenue from two-way radio, there is a strong push to gain market
share from two-radio network providers, with an estimated 12.6
million commercial vehicles currently registered in the United
States alone. To do this, cellular operators can replace their
customer’s two-way radios and other single purpose hardware systems
with cellular-based solutions compatible on their cellular network
with a SIM card.
This upgrade allows carriers to increase ARPU
from existing enterprise accounts, sell additional software
services, bundle voice, data and software packages while creating a
safer driving experience.
The Uniden® UVE350 allows driver to keep their
eyes on the road and hands on the wheel.
Government and Industry
Approvals
The government and industry approvals stated
below are the highest global certifications for cellular devices
and will allow the company to sell the UV350 in multiples markets
both at cellular operators and other distribution channels and
serves as a solid platform for its North American growth
strategy.
An FCC approval grants the company a license to
sell the UV350 in the United States. For the UV350 to have been
approved, the company submitted documentation, had the device
tested in an independent lab and has physically labelled the device
with its FCC unique identifier, making it ready for sale in the
United States.
The CTS suite is a compatibility test, run by
Android, and provides tools for manufacturers to ensure
applications run on a variety of devices. The CTS runs on a desktop
machine, testing the UV350 to ensure software compatibility is
consistent throughout the development process. The test cases are a
set of unit tests designed to mimic the functionality of the UV350,
with the intent of revealing any issues with incompatibility. The
company is pleased to have passed CTS certification, ensuring
Android operating systems will run consistently on the UV350.
PTCRB defines the test requirements to verify
compliance with global industry standards for wireless cellular
devices. PTCRB is an important classification for wireless devices,
and the certification adds confidence that the UV350 can
successfully transfer information with mobile networks. Without
PTCRB certification, manufacturers run the risk that their devices
will be blocked on wireless networks. The Siyata Mobile technical
team has successfully achieved PTCRB status with its previous
generation models (UCP100 and UCP200), and the company is pleased
to add the UV350 to that list.
These approvals are the highest global
certifications for cellular devices and will allow the company to
sell the UV350 in multiples markets both at cellular operators and
other distribution channels and serves as a solid platform for its
North American growth strategy.
The Company continues to work with the U.S. Tier
1 operator and Canadian Tier 1 operator announced in July 2017, and
August 2017, and it will announce further updates on the progress
in the coming weeks.
About Siyata A TSX Venture Top
50 Company, Siyata Mobile Inc. is a leading global developer and
provider of cellular communications systems for enterprise
customers, specializing in connected vehicle products for
professional fleets, marketed under the Uniden® Cellular brand.
Since developing the world’s first 3G connected vehicle device,
Siyata has been a pioneer in the industry, launching the world’s
first 4G LTE all-in-one fleet communications device in 2017.
Incorporating voice, push-to-talk over cellular, data, and fleet
management solutions into a single device, the company aims to
become the connected vehicle communications device of choice for
commercial vehicles and fleets around the world. Siyata also offers
rugged phones for industrial users and signal boosters for homes,
buildings, and fleets with poor cell coverage. Siyata’s customers
include cellular operators, commercial vehicle 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 Seelenfreund CEO and Chairman
Investor Relations: Arlen
Hansen Kin Communications 1-866-684-6730
SIM@kincommunications.com
Sales Department: Glenn
Kennedy, VP Sales Siyata Mobile Inc. 416-892-1823
glenn_kennedy@siyatamobile.com
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This news release may include forward-looking
statements that are subject to risks and uncertainties. All
statements within, other than statements of historical fact, are to
be considered forward looking. Although the Company believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in forward-looking statements. Factors that
could cause actual results to differ materially from those in
forward-looking statements include market prices, continued
availability of capital and financing, and general economic, market
or business conditions. There can be no assurances that such
statements will prove accurate and, therefore, readers are advised
to rely on their own evaluation of such uncertainties. We do not
assume any obligation to update any forward-looking statements
except as required under the applicable laws.
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/88246b21-daee-4f62-b35b-3d2457872094
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