Siyata Reports Record Sales of $9.9M in 2015

TORONTO, ON--(February 16, 2016) - Siyata Mobile Inc. (the "Company" or "Siyata") (TSX VENTURE: SIM) (OTC PINK: SIMFF) is pleased to report unaudited sales of $2.7 million for Q4 2015 with total revenue of $9.9 million in 2015, a 34% increase in revenue over 2014. 

Over the last four years, sales of the Truckfone and Voyager devices have consistently increased in multiple jurisdictions around the world, while Siyata partnered with multiple mobile carriers and distributors to meet the needs of commercial fleets and vehicles with aging devices.

Year Revenue (Rounded) Distributors Mobile Carriers
2012 $3,900,000.00 0 1
2013 $4,900,000.00 1 3
2014 $7,400,000.00 3 4
2015 $9,900,000.00 7 8
       
Total $26,100,000.00 7 8
Read more: Siyata Mobile Inc ( SIM )

Bell to acquire its mobile phone distributor GLENTEL

  • Continues Bell's presence within GLENTEL's national retail distribution network
  • GLENTEL plans to continue offering consumers choice in Canadian mobile phone brands
  • Supports Bell's strategic imperatives to accelerate wireless and improve customer service
  • Bell accelerating wireless in Canada with leading capital investments in broadband networks and mobile service innovation
  • GLENTEL shareholders to receive $26.50 per share in a combination of cash and BCE shares
Read more: Glentel Inc ( GLN )

Inventergy Inc. Quadruples Telecommunications Patent Portfolio, Acquiring 500 Patent Assets From Panasonic

Inventergy Inc. (NASDAQ: EONC) has announced today that it has acquired approximately 500 patent assets from Panasonic Corporation (a Fortune 100 global electronics company). The portfolio covers key technologies in 3G and 4G communications, a field where Panasonic has been an early technology innovator. 

This transaction marks Inventergy's second significant patent portfolio acquisition in the telecommunications space in approximately six months, and increases the company's portfolio to more than 660 patents. The portfolio, among other things, applies broadly to radio access network communications technologies and spans a number of key market segments including telecommunications operators, base station equipment vendors, and end-user equipment vendors.

Read more: Inventergy Inc ( EONC )

U.S. Immigration and Customs Enforcement to Launch BlackBerry 10 Pilot Program

Research In Motion (RIM) (RIMM)(RIM.TO) announced today that it will begin a pilot program with U.S. Immigration and Customs Enforcement (ICE) for the new BlackBerry® Enterprise Service 10 mobile enterprise management solution and BlackBerry® 10 smartphones in early 2013. ICE will be among the first government organizations to pilot the new BlackBerry 10 solution.

"ICE has been a valued BlackBerry customer for years, and our commitment to government agencies has influenced the development of the BlackBerry 10 platform." said Scott Totzke, Senior Vice President, BlackBerry Security, Research In Motion. "Along with providing workers with secure access to behind-the-firewall confidential information, BlackBerry 10 can help organizations fully leverage the potential of mobile technology to offer new services, improve service delivery and increase organizational productivity. We look forward to sharing more features of the BlackBerry 10 platform at our global launch event on January 30."

Read more: Research In Motion ( RIM )

InterDigital Signs Wistron to Worldwide Patent License Agreement Which Includes 4G

InterDigital, Inc. (IDCC) today announced that its patent holding subsidiaries have entered into a worldwide, non-exclusive, royalty-bearing patent license agreement with Wistron Corporation. The agreement covers various products, including handsets, wireless modules, computers, tablets and other consumer electronic devices, designed to operate in accordance with 2G, 3G, and 4G wireless standards, including LTE and LTE-Advanced.

Based in Taiwan with a global presence, Wistron is a leading original design manufacturer in the laptop market. "We are pleased to have entered into this patent license agreement with Wistron," said Lawrence F. Shay, President of InterDigital's patent holding subsidiaries.

Read more: InterDigital Inc ( IDCC )