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NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: S

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Post# of 96
(Total Views: 121)
Posted On: 04/30/2019 3:43:39 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Announces 2018 Year End Results and April 30, 2019 Investor Call

Global developer and provider of cellular communications systems Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) announced on Monday the filing of its 2018 year-end audited financial statements on SEDAR, as well as its plans to host an investor call at 9:00 AM ET on April 30, 2019. A playback of the call will be available in MP3 format by contacting investor relations at 1-866-684-6730 or SIM@kincommunications.com. According to the update, the company posted revenue of $14.2 million in 2018, a 19.9 decrease over 2017 due to lower 3G sales, but looks ahead to the 4G market. “We recognize that device approval in the U.S took longer than expected, which has led to a slower transition into our 4G portfolio. However, we are now on the cusp of breaking into an enormous untapped market with two highly motivated U.S cellular carriers as partners,” Siyata Mobile CEO and Chairman stated in the news release. “The UV350 is a one-of-a kind device, that meets the needs of First Responder and commercial fleets and vehicles to consolidate to single purpose hardware, combining voice, PTT, navigation, fleet management, data applications and other valuable analytics.”

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