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Siyata Mobile Inc.
Siyata aims to be the global leader in the rapidly growing Push-to-Talk Over Cellular (PoC) industry by disrupting a legacy Industry with Next Generation Cellular Technology. This is an industry valued at $12.6 billion1.
Nasdaq: SYTA/SYTAW
IR Website: https://www.siyatamobile.com/investors-presentation/
Headquarters: Montreal, Quebec
The Company is a leading developer and distributor of technologically advanced rugged smartphones, in-vehicle mounted IoT (Jnternet of Things) cellular communications devices and cellular signal boosters for global first responders and enterprise customers based on Push-to-Talk Over Cellular (PoC) technology.
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The Siyata Mobile management team is always available to talk to current and potential investors. They're happy to answer any questions you may have and tell you what makes their story unique. Please fill out this form, and we will connect you shortly.
Summary
Siyata Mobile is a leading developer and distributor of technologically advanced rugged smartphones, in-vehicle mounted IoT cellular communications devices and cellular signal boosters for global first responders and enterprise customers based on Push-to-Talk Over Cellular (PoC) technology. It was founded in 2014 with headquarters in Canada and an R&D facility in Israel. It has tier one cellular carrier partners and blue chip partners and customers in the United States, Canada, Europe, Australia and the Middle East.
With disruptive solutions in the PoC industry, Siyata aims to displace the current land mobile radio (LMR) industry leaders such as Motorola Solutions Inc. ($37B market cap), L3Harris Technologies Inc. ($43B market cap), and Hytera Communications corp. ($1.4B market cap).
Siyata provides purpose built solutions aimed at the Push to talk over Cellular (PoC) industry, with three complementary product categories targeted to the same core channels and customers. Despite Siyata’s small size, no other competitor offers as comprehensive a portfolio of products. Carriers appreciate the breadth of its portfolio from a single vendor, thus providing synergistic sales benefits. Its latest offerings, a rugged PoC device (the SD7), and companion in-car solution (the VK7), are a next generation innovative devices that are a perfect upgrade from LMR.
With the effects of COVID-19 abating, customer trials are aggressively resuming and its pipe of business is building dramatically, in particular as it penetrates its key target market, North America (the world’s largest market for PoC), with all three product categories.
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They produce and sell three distinct and complementary product categories with a strong focus on first responders but with potential reach across numerous industries and job roles.
PoC Ecosystem
Siyata provides disruptive solutions aimed at the Push-to-talk-over-Cellular (PoC) industry, with three complementary product categories targeted to the same core channels and customers. Despite Siyata’s small size, no other competitor offers as comprehensive a portfolio of products. Carriers appreciate the breadth of our portfolio from a single vendor, thus providing synergistic sales benefits.
Press Releases
Investor Presentation
To download the Siyata Mobile investor presentation, please fill out the form below.
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Video: Siyata Mobile
Siyata SD7
Uniden UV350
Hero Series Boosters
The Generational Shift: Land Mobile Radio to PoC
Land Mobile Radio (LMR) has been the traditional method of communication for first-responders around the country. However, it has significant limitations which leaves it open to disruption.
Land Mobile Radio (LMR) hardware OR Two way radios
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Excessive and inefficient , cluttering in vehicle cabins creating additional costs
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Limited coverage, creating dead zones for first responder vehicles, public transportation and commercial vehicles.
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LMR is restricted in functions limited to voice and low capacity data
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LMR limits the ability for first responders to communicate with each other
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Siyata’s Push to Talk Over Cellular ( PoC) allows for a unified network
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Siyata Mobile specializes in Push-to-Talk Over Cellular (PoC), which is widely considered to be superior to LMR for the following reasons:
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Push to talk over cellular enables subscribers to use their cellular phones as walkie talkies with unlimited range
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Operates over 4G LTE network thus provides consistent connectivity across the nation or internationally supporting for ex. messaging, one to one or one to many instant group calls
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The high bandwidth 4G LTE network supports data intensive applications such as pictures and video and a host of third party applications
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No need to invest in infrastructure such as radio towers or repeaters
Siyata Mobile makes the hardware to bring PoC to a larger audience, and hopes to play an important role as PoC becomes the pre-eminent communications technology amongst first responders.
Total Addressable Markets: First Responders and Critical Communications
Siyata Mobiles' products have a deep total addressable market across device categories ranging from first responders, and extending out to enterprise task and public sector workers including construction, transport & logistics, manufacturing, energy & utility and government.
Siyata’s three core product categories are 100% complementary with each other, and target primarily the Commercial and First Responder markets.
Product Offerings
Siyata provides disruptive solutions aimed at the Push-to-talk-over-Cellular (PoC) industry, with three complementary product categories targeted to the same core channels and customers. Despite Siyata’s small size, no other competitor offers as comprehensive a portfolio of products. Carriers appreciate the breadth of our portfolio from a single vendor, thus providing synergistic sales benefits.
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Siyata Specializes in Rugged PTT Devices: SD7 is our Next Generation PoC Device Complementing our Portfolio of Disruptive Handsets.
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Financials
SEC Filings
Management Overview
Marc Seelenfreund
CEO
Marc Seelenfreund is the Founder and CEO of Siyata Mobile Inc. Mr. Seelenfreund has over 20 years experience in the telecom and cellular arena as founder of a leading telecom distribution company representing multiple global telecom vendors. From August 2004 to July 2015 he was the CEO of Accel Telecom Inc. a key importer and integrator of advanced telecom equipment into the Israeli telecom market. Accel Telecom Inc’s products and services included importing and distribution of mobile devices, including smartphones and feature phones, integration of cloud software, and distribution and integration of networking equipment including routers and mobile broadband solutions. Marc Seelenfreund received a law degree from Bar Ilan University and is Chairman of Ono College.
Gerald Bernstein
CFO
Gerald Bernstein has been CFO of the Company since July 2016. Mr. Bernstein was previously the VP Finance from July 2015 until June 2016 of Pazazz Printing Inc. a printing and fulfillment service to ensure a seamless flow throughout projects including printing, graphic design, direct marketing, fulfillment and logistics. Previously, Mr. Bernstein served as the VP Finance from July 2013 until February 2015 of Amcor Holdings Inc., an international real estate development and management company. From September 2003 until July 2015, Mr. Bernstein was a self-employed certified public accountant consultant, working on various mandates in mortgage financing, tax planning, turnaround, process re-engineering and private equity due diligence. Mr. Bernstein holds a Bachelor of Commerce Degree and a Graduate Diploma in Public Accountancy from McGill University. Mr. Bernstein has been a member of the Canadian Institute of Chartered Professional Accountants since 1987.
Glenn Kennedy
VP of Sales
Glenn Kennedy has over 25 years of sales experience in the telecommunications industry where he has managed sales nationally for Motorola Canada, HTC Communications Canada and Sonim Technologies; Mr. Kennedy is the VP Sales of Siyata Mobile Inc. since January 2017 including product certification, sales training and education to the marketplace. Previously Mr. Kennedy severed as the Director of Carrier Sales for Sonim Technologies working exclusively on the Rogers Wireless account from October 2015 until December 2016. Mr. Kennedy was the National Account Manager for HTC Communications Canada, working exclusively on the Bell Mobility account from August 2011 until August 2015. From April 2003 until May 2011, Mr. Kennedy was the National Account Manager for Motorola Mobility, working specifically on the Telus account. Mr. Kennedy has earned a Bachelor of Arts in Honors Business Administration from the Richard Ivey School of Business at the University of Western Ontario.
Peter Goldstein
Chairman of the Board
Peter Goldstein has over 30 years of diverse and global entrepreneurial, client advisory and capital market experience and has a successful track record in leading and building companies in the capital markets. Mr. Goldstein has achieved capital market objectives by drawing on his strengths in M&A, strategic planning and transaction structuring, as well as his own entrepreneurial success. He has steered and completed initial public offerings (IPO), uplisting and reverse merger transactions, secured private placements and designed successful crowdfunding campaigns. Mr. Goldstein advised the Company on its upsized $12.6 Million U.S. Initial Public Offering and listing on the NASDAQ.
Risks & Disclosures
This communication is neither an offer to sell nor a solicitation of an offer to buy, nor a recommendation of any securities of the company mentioned herein.
Siyata Mobile Inc. (the “Company”) and its counsel have reviewed the content of this page as well as the accompanying presentation (“Company Presentation”) displayed on this page. To the best of its knowledge, the Company does not believe this content to be misleading or inaccurate in any material respect, nor does it believe there are any material omissions with respect to such content. The Company does not believe the contents of the page or the Company Presentation to contain any non-public material information.
Information and opinions presented in the Company Presentation are provided by the Company, and makes no representation as to their accuracy or completeness. The information contained on this page is not intended to constitute any form of advice, and the information provided is not intended to provide a sufficient basis on which to make an investment decision. It is not investment research, nor does it constitute a research recommendation, as it does not constitute substantive research or analysis. This information is not to be relied upon in substitution for the exercise of independent judgment.
Information, opinions and estimates contained on this page or in the Company Presentation reflect judgments by the Company as of the original date of publication by the Company and are subject to change without notice. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied is made regarding future performance.
A complete description of the risks and uncertainties relating to the Company and its securities can be found in the company's filings with the U.S. Securities and Exchange Commission available for free at www.sec.gov.
Information on this page may relate to penny stocks, which may also be referred to as low-priced stocks. Penny stocks are low-priced shares typically issued by small companies. Penny stocks involve greater than normal risk, they may be less liquid than other stocks (i.e., more difficult to sell), and there may be less reliable information available regarding such stocks. Investors in penny stocks should be prepared for the possibility that they may lose their entire investment.
b2i digital or its related entities may own securities of the Company.
The Company is a client of b2i Digital. The Company agreed to pay b2i Digital no greater than $100,000 in cash for 12 months of digital marketing consulting and investor awareness services.
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The Siyata Mobile management and investor relations team is available to talk to current and potential investors. They're happy to answer your questions and tell you what makes their story unique. Please fill out this form, and we will connect you shortly.
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