Denver, Colorado--(Newsfile Corp. - December 11, 2024) - 247marketnews.com, a pioneer in digital media dedicated to the swift distribution of financial market news and information, today publishes an editorial discussing Siyata Mobile's (NASDAQ: SYTA) announcement that it plans to relocate its current 4G and next generation 5G PTT handset manufacturing operations from China to the United States in 2025.
SD7 handset
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Marc Seelenfreund, CEO of Siyata, commented, "We began working on a manufacturing relocation plan earlier this year and are proud to announce today that we expect to begin manufacturing operations in the U.S. in the first quarter of 2025. This is an important strategic move that we believe will open up additional sales opportunities globally, particularly in the U.S., and help us to further scale our business. Users of our devices, especially governmental agencies and first responders, value America manufactured products, but just as important, this move will enable us to shorten delivery lead times and operate within a stronger logistics infrastructure. We are very excited to be making this move and believe it is an important milestone for Siyata."
Siyata Logo
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Siyata Mobile (NASDAQ: SYTA)
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Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company's ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Actual results could differ materially from those described in these forward-looking statements due to a number of factors, including without limitation, the Company's ability to continue as a going concern, the popularity and/or competitive success of the Company's acquired football and other sports teams, the Company's ability to attract players and staff for acquired clubs, unsuccessful acquisitions or other strategic transactions, the possibility of a decline in the popularity of football or other sports, the Company's ability to expand its fanbase, sponsors and commercial partners, general economic conditions, and other risk factors detailed in the Company's filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update such forward-looking statements except in accordance with applicable law.
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