SOURCE: Siyata Mobile Inc.

Siyata Mobile Inc.

March 31, 2016 08:30 ET

Siyata Mobile Receives Purchase Order for 400 Devices From International Dairy Company

TORONTO, ON--(Marketwired - March 31, 2016) - Siyata Mobile Inc. (the "Company" or "Siyata") (TSX VENTURE: SIM)(OTC PINK: SIMFF) is pleased to announce that it has received a purchase order for 400 Truckfone devices from a major international dairy company to replace and upgrade the existing Motorola M800 devices in their long-haul dairy trucks.

Siyata continues to see strong market penetration in multiple jurisdictions and industries around the world as companies upgrade their aging hardware to 3G-compatible devices such as Truckfone and Voyager.

Siyata Mobile CEO Marc Seelenfreund stated, "This is another example of a large vertical required to upgrade their M800 devices as operators work to systematically shut down 2G networks. We estimate over 500,000 M800s are currently installed in jurisdictions where we have proven market penetration with our selling partners. We are pleased to continue our healthy sales momentum in Q1 which is setting the stage for a strong 2016."

Additionally, Alnabali Logistics, a large cement trucking company out of Israel, has added 100 devices to its recent purchase order (see press release March 23, 2016), increasing the order from 250 to 350 devices. 

Siyata's Truckfone and Voyager are the world's first 3G connected-vehicle devices with fixed installation, hands-free dialling, and a dedicated microphone and speaker for crystal clear sound quality along with external antennas for better cellular coverage. The Company works with cellular operators and dealerships around the world to meet the needs of fleets requiring a solution for better connectivity, safer driving, and reliable asset tracking.

There are tens of millions of commercial vehicles worldwide that currently rely on 2G networks and two-way radio systems for their communication platforms. Siyata aims to target this market as they upgrade their communications hardware to be compatible with next generation networks and Push-to-Talk radio technology.

About Siyata

Siyata Mobile Inc. is a leading global developer and provider of a vehicle-mounted communications platform over advanced mobile networks. 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.

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 facilitate replacement of the current in-vehicle, multi device status quo with a single device that incorporates voice, data, and fleet management solutions. Visit www.siyatamobile.com to learn more.

On Behalf of the Board of Directors of:

SIYATA MOBILE INC.

Marc Seelenfreund
CEO and Director

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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