Siyata Mobile Inc.
TSX VENTURE : SIM

Siyata Mobile Inc.

November 03, 2015 08:30 ET

Siyata Mobile Reports Record Sales of $7.2M for First Three Quarters of 2015

TORONTO, ONTARIO--(Marketwired - Nov. 3, 2015) - Siyata Mobile Inc. (the "Company" or "Siyata") (TSX VENTURE:SIM) is pleased to report unaudited record sales of $7.2 million for the first three quarters of 2015, a 53% increase over the first three quarters of 2014.

With the current run rate, 2015 looks to be very promising for strong year over year revenue growth. Siyata's Truckfone and Voyager devices are not only being sold in multiple jurisdictions around the world, the Company continues to see industry acceptance across numerous commercial industries where they are being introduced.

Marc Seelenfreund, CEO of Siyata commented, "These are exciting times as we continue to see strong demand for our products from recurring orders from existing customers, as well as introducing several new customers in new markets, such as our recently announced partnership with Telus in Canada. We have a great opportunity to grab market share in the lucrative commercial fleet market."

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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