VANCOUVER, BC, Dec. 19, 2024 /PRNewswire/ — Siyata Mobile Inc. (Nasdaq: SYTA) (“Siyata” or the “Company”), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, is preparing to make an announcement that is poised to redefine its trajectory.

On January 9, 2024, at 4:30 p.m. ET, Siyata will host an exclusive online press conference to reveal details about its most significant development in its history.

“Siyata is entering a transformative phase, and this development marks the culmination of months of strategic negotiations and execution. All shareholders are strongly encouraged to attend to appreciate the significant implications for 2025,” stated Marc Seelenfreund, CEO.

Siyata Mobile is rapidly establishing itself as a global leader in the multibillion-dollar Push-to-Talk over Cellular (PoC) industry. Recent achievements, including record-breaking quarterly revenue of $5.9 million—a 200% year-over-year surge—and a $2.5 million order for Q1 2025, underscore the Company’s impressive growth. A recent order in The Netherlands from a prominent national Dutch transportation company marked a significant milestone in Siyata’s international expansion, further highlighting the global appeal of its innovative solutions. With the launch of the SD7 Ultra Series 5G devices capturing worldwide attention, Siyata is solidifying its position as a driving force in mission-critical communications.

How to Join

The press conference will be streamed live, with details on viewing access to be released shortly. Media representatives are encouraged to RSVP or request additional information by contacting IR@siyata.net.

About SD7 Ultra and the SD7 Ultra S by Siyata Mobile

SD7 Ultra-5G and SD7 Ultra S-5G are powerful and functional rugged Android PTT devices that feature superior sound quality for clear communication while offering the same ruggedness and water resistance as the original SD7. The two high-performance models offer all the benefits of 5G cellular connectivity. The SD7 Ultra S-5G also features a 4″ LCD front touchscreen.

About Siyata Mobile

Siyata Mobile Inc. is a B2B global developer and vendor of next-generation Push-To-Talk over Cellular handsets and accessories. Its portfolio of rugged PTT handsets and accessories enables first responders and enterprise workers to instantly communicate over a nationwide cellular network of choice, to increase situational awareness and save lives. Police, fire, and ambulance organizations as well as schools, utilities, security companies, hospitals, waste management companies, resorts and many other organizations use Siyata PTT handsets and accessories today.

In support of our Push-to-Talk handsets and accessories, Siyata also offers enterprise-grade In-Vehicle solutions and Cellular Booster systems enabling our customers to communicate effectively when they are in their vehicles, and even in areas where the cellular signal is weak.

Siyata sells its portfolio through leading North American cellular carriers, and through international cellular carriers and distributors.

Siyata’s common shares trade on the Nasdaq under the symbol “SYTA”, and its warrants under the symbol “SYTAW”.

Visit www.siyata.net to learn more.

Forward Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on Siyata’s current expectations, they are subject to various risks and uncertainties and actual results, performance, or achievements of Siyata could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Siyata’s filings with the Securities and Exchange Commission (“SEC”), and in any subsequent filings with the SEC. Except as otherwise required by law, Siyata undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites and social media have been provided as a convenience, and the information contained on such websites or social media is not incorporated by reference into this press release.

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SOURCE Siyata Mobile Inc.

SAN FRANCISCO, Dec. 19, 2024 /PRNewswire/ — Darmiyan, Inc., a leader in brain health technology, proudly announces its participation in Medicare’s Guiding an Improved Dementia Experience (GUIDE) Model through a partnership with the Five Star Home Health Care consortium, including CareBrains, and Brain Watch Coalition. Leveraging its groundbreaking technologies, BrainSee and DarmiSpace, Darmiyan aims to transform dementia care by enabling early risk assessment and prevention.

The GUIDE Model, an eight-year initiative by Centers for Medicare & Medicaid Services (CMS), focuses on improving dementia care quality, supporting caregivers, and helping individuals remain at home longer. Nearly 400 healthcare organizations have been selected for the program, including major medical centers and community-based organizations serving 57 million individuals throughout the United States (Ref).

“At Five Star Home Health Care, we are committed to delivering top-tier, innovative dementia care solutions. Partnering with Darmiyan to integrate BrainSee for early risk stratification and DarmiSpace for prevention allows us to provide unmatched care, empowering patients to live healthier, independent lives for longer,” said Johnny Wilkinson, CEO of Five Star Home Health Care.

“BrainSee’s exceptional accuracy and DarmiSpace’s preventative capabilities bring us closer to a future where cognitive decline can be delayed or prevented. We are excited to deliver these tools to families and caregivers,” added Jodi Lyons, Co-Founder of CareBrains.

BrainSee, the first FDA-approved AI-powered prognostic tool, informs the prognosis of mild cognitive impairment (MCI) with unmatched accuracy through a fully non-invasive assessment. DarmiSpace, a personalized lifestyle management platform, uses BrainSee scores and lifestyle information to guide interventions that delay or prevent cognitive decline.

“The only way to fight dementia is to prevent it, and that begins with early risk assessment and actionable solutions,” said Dr. Padideh Kamali-Zare, Founder and CEO of Darmiyan, Inc. “This partnership empowers providers to deliver proactive care, offering real hope for millions of Americans. We look forward to offering our novel technologies to other GUIDE awardees as well including UCSF, UCLA, Emory, Mount Sinai, Columbia, Loma Linda, Rush University, UConn, UNT, and many others.”

About Darmiyan, Inc.

Founded in 2016 and headquartered in San Francisco, CA, Darmiyan is revolutionizing brain health with its breakthrough products, BrainSee and DarmiSpace. Combining FDA-approved technology with cutting-edge neuroscience and AI, Darmiyan empowers healthcare providers to address cognitive decline with precision and innovation.

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SOURCE Darmiyan

$18 Million in Investments Represents the Largest Single Equity Raise in the History of the Company

LAKE FOREST, Calif., Dec. 19, 2024 /PRNewswire-PRWeb/ — Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced today its largest single equity raise—more than $18 million in new capital investments from 13 different banks—the first phase of a recapitalization of the company. One of the largest and most successful CDFIs in the United States, Clearinghouse CDFI will leverage these new investments to significantly increase its mission-driven lending and community impact in the years ahead.

The $18 million in new investments includes $3 million investments each from EverBank and Huntington Bank, $2 million from Farmers & Merchants Bank, a $1.8 million investment from Enterprise Bank & Trust, and $1 million investments from Carrollton Bank, Santa Cruz County Bank, Nano Banc, SMBC Manubank, Commercial Bank of California, East West Bank, and U.S. Bank. Additional investors include American Business Bank and Cathay Bank.

“We deeply appreciate the strong leadership and unwavering commitment of these 13 banks in championing the next phase of Clearinghouse CDFI’s journey,” said Douglas J. Bystry, President and CEO of Clearinghouse CDFI. “As a national CDFI, we will have access to more capital to significantly increase our lending and maximize impact while continuing to help vulnerable communities nationwide.”

Since its founding in 1996, Clearinghouse CDFI has funded $2.5 billion in total loans for 2,670 community projects over the past 28 years. These projects have created or retained more than 43,800 jobs and benefit over 4.8 million individuals. Clearinghouse CDFI loans have also created 13,060 affordable housing units since inception. At present, the company holds over $750 million in assets with 24 consecutive years of profitability.

About Clearinghouse Community Development Financial Institution (Clearinghouse CDFI)
Clearinghouse CDFI addresses unmet credit needs throughout the U.S. and in Indian Country through direct lending, equity investments, and financial assistance. Since 1996, Clearinghouse CDFI has helped bridge the gap between conventional lending standards and the needs of low-income, distressed, and communities of color. Clearinghouse CDFI is also a B Corp—a certification received from the nonprofit B Lab. B Corps are companies who meet rigorous standards of social and environmental performance, transparency, and accountability, and use business as a force for good. More information is available at http://www.ccdfi.com.

Media Contact

A. Smith, Clearinghouse CDFI, 949-528-3287, news@ccdfi.com, www.ccdfi.com

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SOURCE Clearinghouse CDFI