Benzinga | Aug 26, 2021 08:20AM EDT

Siyata Mobile Signs Reseller Agreement With Silk Worldwide To Distribute Its Uniden Cellular Signal Boosters; Financial Terms Not Disclosed

(NASDAQ:SYTA)(NASDAQ:SYTAW) ("Siyata" or the "Company"), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular signal booster systems, announces that it has signed a reseller agreement with Silk Worldwide Inc. ("Silk"), parent company to SignalBoosters.com, to distribute its line of Uniden(r) cellular signal boosters. Silk, a leading online distributor and turn-key integrator of cellular boosters in North America, will resell the Company's booster products on its SignalBosters.com site and on the Amazon and Walmart marketplaces. The Company expects sales to begin this quarter.

"This reseller agreement furthers Siyata's strategic objective of penetrating the cellular signal booster market. Selling our boosters through one of North America's leading online booster distribution channels is a tremendous advantage for Siyata. We believe SignalBoosters' vast customer base will help us reach both enterprises and consumers that need innovative solutions for increased cellular signal strength, and we look forward to a mutually beneficial relationship with the fantastic team at Silk," remarked Marc Seelenfreund, CEO of Siyata.

Millions of residential and business customers in North America suffer from weak cellular signals, leading to missed and dropped calls and slow data speeds. Siyata's cellular signal boosters use some of the most advanced booster technology on the market, are easily installed, work on all cellular networks, and have applications inside buildings and/or vehicles to provide the ultimate flexibility.