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VANCOUVER - Siyata Mobile Inc. (NASDAQ:SYTA), a communications technology company with revenue growth of 33.58% in the last twelve months, announced Wednesday that its SD7 Push-to-Talk over Cellular handset has received the "Verizon Frontline Verified" designation, allowing it to be used by first responders on Verizon’s network.
The ruggedized communication device joins a select group of solutions approved for emergency responders operating on the Verizon Frontline network, according to a company press release.
"We are pleased to be recognized as a ’Verizon Frontline Verified’ partner," said Marc Seelenfreund, CEO of Siyata.
The SD7 is designed to replace traditional land mobile radio systems in challenging environments, providing secure voice communication for public safety professionals. The device features a rugged build intended to withstand demanding conditions faced by emergency personnel.
Verizon Frontline represents the carrier’s specialized network and technology for first responders and public safety agencies.
Siyata Mobile develops and sells Push-to-Talk over Cellular handsets and accessories primarily through North American cellular carriers. The company also offers in-vehicle solutions and cellular booster systems for areas with weak signals.
The verification could potentially expand Siyata’s market reach within the first responder segment, though the company did not disclose specific financial projections related to the designation.
Siyata’s common shares and warrants trade on the Nasdaq under the symbols "SYTA" and "SYTAW" respectively. With a market capitalization of $1.44 million, the company shows high price volatility with a beta of 2.21. InvestingPro subscribers can access 15 additional key insights about Siyata’s financial health and market performance.
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