SOURCE: Siyata Mobile Inc.

Siyata Mobile Inc.

July 14, 2016 08:30 ET

Siyata Mobile Announces Appointment of New CFO

MONTREAL, QC --(Marketwired - July 14, 2016) - Siyata Mobile Inc. (the "Company" or "Siyata") (TSX VENTURE: SIM) (OTC PINK: SIMFF) is pleased to announce that Gerald Bernstein has been appointed Chief Financial Officer of Siyata effective immediately.

Gerald is a Chartered Public Accountant with over 25 years' experience in the finance industry. Gerald was CFO of a Real Estate Management firm and for the last decade a consultant to private and public corporations resulting in over $100MM of private equity financing, acquisition and due diligence.

"Gerald brings with him his strong sense of professionalism, which we have seen working closely with him in the past," states Gil Gurfinkel, Chairman of Siyata. "We are excited to have him join our Montréal based team and are confident that he will be a great asset to Siyata's management."

Siyata will look to its new CFO to provide strength to its management team, along with additional strategic initiatives as it looks to expand its business throughout Canada and the United States.

Siyata wishes to thank Rob Chisholm, who has resigned as CFO, for his dedication and contributions to the Company.

About Siyata

Siyata Mobile Inc. is a leading global developer and provider of innovative cellular communication systems. Siyata's "Connected-Vehicle" devices and accessories are specifically designed for professional fleets such as trucks, vans, buses, ambulances, government cars and more. Siyata aims to provide greater mobile connectivity for professional drivers and to facilitate replacement of the current in-vehicle, multi-device status quo with a single device that incorporates voice, data, and fleet management solutions.

Through its newly acquired subsidiary Signifi Mobile, Siyata also markets and sells Uniden® cellular signal boosters and accessories across Canada and the United States. Siyata's customers include cellular operators, commercial vehicle technology distributors, and fleets of all sizes in Canada, the US, Europe, Australia, and the Middle East.

Visit www.siyatamobile.com to learn more.

On Behalf of the Board of Directors of:

SIYATA MOBILE INC.

Marc Seelenfreund
CEO

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.

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