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mobile investing

Siyata Mobile Signs U.S. Distribution Agreement with Ingram Micro

Bala Yogesh
Nov. 05, 2018 08:22AM PST
Emerging Technology Investing

Siyata Mobile (TSXV:SIM) announced that it has signed a distribution agreement with Ingram Micro for its Uniden UV350 in-vehicle 4G/LTE device. The company said that the distrubition agreement sets up Uniden UB350 In-Vehicle device for United States launch. As quoted in the press release: Ingram Micro’s distribution reach is a key component to Siyata’s strategy …

Siyata Mobile (TSXV:SIM) announced that it has signed a distribution agreement with Ingram Micro for its Uniden UV350 in-vehicle 4G/LTE device.

The company said that the distrubition agreement sets up Uniden UB350 In-Vehicle device for United States launch.

As quoted in the press release:

Ingram Micro’s distribution reach is a key component to Siyata’s strategy as they distribute through key channels for the tier 1 wireless carriers in the United States.

The agreement provides access to scalability, operational efficiencies and direct exposure to Ingram Micro’s top-tier brands and retail customers across the United States. Ingram Micro will create growth opportunities for the Uniden® UV350, and is authorized to sell the innovative smart in-vehicle device solely in the United States.

Marc Seelenfreund, CEO and Chairman of Siyata Mobile, states, “Teaming with industry leader Ingram Micro puts in place a distribution network for the Uniden UV350 in the United States. The wide network Ingram Micro has at its disposal will enable more workforces to increase safety and efficiencies for their drivers. Securing this alliance before our launch in the United States is another milestone for the Company, as we prepare to unlock this major catalyst for our shareholders.”

The Uniden® UV350 4G/LTE is the world’s first and only in-vehicle connected cellular device with push-to-talk over cellular (PoC) that is compatible on “Band 14.” The Uniden® UV350 is an all-in-one, purpose-built in-vehicle Internet of things (IoT) device to upgrade in-vehicle hardware as a smarter, more advanced solution to communicate, navigate and create efficiencies never seen before in the commercial fleet and vehicle market.

Android-based applications and other features available for download on the Uniden® UV350 help improve driver/worker safety and create efficiencies not offered by single-purpose hardware which clutter the inside of a vehicle cabin which can be distracting for drivers.

According to the United States Department of Transportation, in 2015 there were over 12 million fleet vehicles in the United States, with a large number still using two-way radio systems to communicate. Siyata aims to be the leading provider of connected vehicle and mobile hardware solutions as these commercial fleets upgrade their communication platforms to be compatible with next generation networks, PoC solutions and other software applications.

Click here for the full text release.

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