NetworkNewsWire Newsroom

Monday, July 1, 2019

Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Carving out Niche in Burgeoning LTE Market Projected to Reach $997B by 2020

Siyata Mobile offers the world’s first and only dedicated in-vehicle, 4G/LTE-capable smartphone specifically designed to optimize mobile communications while driving
The company’s focus is on what three financial analysts suggest is a $13 billion total addressable market in North America, with no direct competition
Siyata’s UV350 is the first in-vehicle mounted phablet approved for use on both the AT&T and FirstNet networks

Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF), a leading global developer and provider of 3G and 4G/LTE in-vehicle smartphone cellular solutions, is making a major claim – development of the world’s 4G/LTE vehicle-mounted cellular device specifically designed for first responder and commercial fleet vehicles. Siyata Mobile is the only cellular vendor with a dedicated in-vehicle device – the Uniden UV350 – targeting this unique market segment in North America, which company research suggests is a more than $13 billion market (http://nnw.fm/gvg8J).

On a broader scale, the global LTE market is projected by Allied Market Research to reach $997 billion by 2020, growing at a compound annual growth rate of 58.2 percent from the forecast period of 2013-2020 (http://nnw.fm/3fSEn). The report specifically identifies first responders as a sector seeking to adopt the more robust and high-speed communication service provided by 4G/LTE devices.

Siyata Mobile’s FirstNet Ready Uniden UV350 4G/LTE In-Vehicle Device for Public Safety (http://nnw.fm/vhW8m) is designed for the cabin of fire trucks, ambulances and police squad cars, combining the functions of multiple devices into one. It supports the FirstNet band 14 spectrum and gives public safety subscribers access to the dedicated, physically separate FirstNet network core that provides priority during emergencies.

With an estimated 10 million commercial trucks on America’s roadways and more than 3.5 million emergency vehicles responding to public safety needs, that’s a market segment Siyata Mobile is prepared to serve, said CEO and Chairman Marc Seelenfreund said in an interview with InvestorIntel (http://nnw.fm/1Abqw).

“We have created a new category within the cellular device community. We are the first company to have developed vehicle mounted phablet, dedicated for the needs of commercial vehicles. It is a device that gives the ultimate communication for commercial vehicles,” Seelenfreund stated in the interview. The UV350 runs on cellular LTE networks that provide nationwide and global coverage, replacing traditional single purpose two-way radios that require a large CAPEX, monthly fee and limited network coverage.

For more information, visit the company’s website at www.SiyataMobile.com

NOTE TO INVESTORS: The latest news and updates relating to SYATF are available in the company’s newsroom at http://nnw.fm/SYATF

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive instant SMS alerts, text STOCKS to 77948

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Golden Developing Solutions Inc. (DVLP) Announces Sequential Monthly Sales Growth, Partners with DNA Brands to Enter CBD Marketplace

Golden Developing Solutions recently released its updated financial results, reporting 160 percent growth across multiple segments
DNA Brands signed a preliminary agreement to enter the CBD marketplace with Golden Developing Solutions
The company’s CBD Infusionz and Where’s Weed segments have been showing strong sales growth

Golden Developing Solutions Inc. (OTC: DVLP), an emerging leader in both the ancillary software and cannabidiol (CBD) products marketplace, recently released updated financial data highlighting tremendous growth for the company as a result of several strategic implementations.

Because of its expanded production capacity and the acquisition of Infusionz LLC, Golden Developing Solutions totaled more than $629,000 in monthly sales during May, boasting an annualized sequential monthly sales growth rate of almost 160 percent (http://nnw.fm/NW64x). Upon completion of its CBD Infusionz acquisitions, Golden Developing Solutions noted markedly accelerated growth across all segments.

Company CEO Stavros Triant shared his excitement for the company’s advantageous market position and its upcoming growth potential. “Everything is clicking right now. CBD Infusionz has moved into its expanded facility, and the booming demand continues” he said in a news release. “Our Where’s Weed segment is powering ahead at the same time. We couldn’t be more excited about how we are positioned right now and what we see ahead of us in coming months and quarters.”

Sales increases came from several of the company’s powerhouse players. Its Where’s Weed segment, an online and mobile cannabis-services hub, contributed most significantly by booking $135,000 in April sales and $153,000 in sales during May. This translates to 164 percent annualized sequential monthly sales growth. Additionally, CBD Infusionz demonstrated exceptional annualized sequential monthly growth of 158 percent, taking in $421,000 in April sales and $476,000 in May.

To add to its impressive financial performance, Golden Developing Solutions is pursuing a strategic partnership to broaden its industry presence. The company recently signed a preliminary partnership agreement with DNA Brands Inc. aimed at working together to reformulate the latter’s award-winning energy drink line to include CBD and natural sweeteners.

DNA Brands’ line of carbonated energy drinks and energy coffees includes a variety of flavors. The partnership agreement will allow Golden Developing Solutions to work with the DNA scientific team to reformulate, market and distribute the award-winning line of beverages. As part of the agreement, Global Developing Solutions has agreed to bear all costs associated with reformulation, production, packaging, advertising and distribution upon completion of a licensing deal.

“We will be working with our scientific team over at Parkside Beverage with the intent of reformulating and producing CBD-infused and non-CBD energy drinks,” DNA Brands CEO Adrian McKenzie stated in a news release (http://nnw.fm/d4TMq). “Licensing our proprietary brand of energy drinks to Golden Developing Solutions makes sense, in that it would provide us a platform to penetrate an extremely robust CBD market.”

For more information, visit the company’s website at www.GoldenDeveloping.com

NOTE TO INVESTORS: The latest news and updates relating to DVLP are available in the company’s newsroom at http://nnw.fm/DVLP

About NetworkNewsWire

To receive instant SMS alerts, text STOCKS to 77948

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

SinglePoint Inc. (SING) Signs Contract to Supply $100 Million of Premium Hemp Flower

SinglePoint emphasizes new technologies as it specializes in acquiring small to mid-sized businesses
The company just announced a major premium hemp-flower contract
SinglePoint is optimistic regarding the cannabis industry, bitcoin and blockchain technologies

SinglePoint Inc. (OTCQB: SING) is a technology and investment company based in Phoenix, Arizona. The company’s focus is on acquiring small to mid-sized firms that will benefit from the injection of growth capital and technology integration.

SinglePoint has a varied portfolio of undervalued subsidiaries with numerous revenue streams. The company’s visionary leadership team has wide-ranging experience in technology, engineering, marketing and raising capital.

SinglePoint diversifies into horizontal markets. The company researches opportunities where it can be active within an organization and influence strategy and direction. These target firms are typically undervalued and cash-flow positive, with high potential and verified assets (http://nnw.fm/Lk5Qc). SinglePoint has operations in diverse industries and verticals, including payment processing, cannabis, blockchain technologies and a crypto application co-created with AppSwarm (OTC: SWRM).

SinglePoint recently announced its entry into a multimillion-dollar contract with Elite Foundation LLC of North Carolina (http://nnw.fm/kUs24). The contract is for the supply of more than 275,000 pounds of premium hemp flower over a period of 15 months. Elite Foundation adds value to hemp-centric businesses in the Southeast, providing ‘The Highest Grade’ of curated biological materials, agricultural expertise and consulting solutions to support sustainable growth.

Elite Foundation recently approved and took receipt of the second batch of product. In addition, Elite approved roughly 5,000 pounds of varietal-strain hemp flower. This has been reserved for its next four to six shipments, which are expected to occur every other week.

“This has been a great development for SinglePoint and our VP of Sales, Don Smith, has done a wonderful job of closing this contract,” SinglePoint President Wil Ralston stated in a news release. “He is currently working with additional clients in need of hemp flower as well as many other raw materials, such a biomass. We look forward to the closure of these deals among others in our pipeline including private-labeled finished goods for retail distribution. We see a large opportunity to put end-user product throughout retail distribution in the coming months.”

Of the contract, Elite Foundation chairman and CFO Max Alexander added, “We are grateful for the opportunity to work with SinglePoint in continuing to establish ourselves as the Southeast’s preferred hemp provider, trusted to satisfy our clientele’s growing demands by ensuring quality, consistency and variety for the downline.”

SinglePoint continues to diversify. The company acquired ShieldSaver in March 2018, expanding blockchain technology development into the automotive industry. SinglePoint’s pioneering bitcoin payment solution is poised to be a game changer for currently “unbankable” marijuana businesses (http://nnw.fm/W3LbY). Additionally, SinglePoint subsidiary SingleSeed launched a new retail website for CBD-based products in April 2018 (http://nnw.fm/XT7x0).

In addition, SinglePoint recently acquired Direct Solar. Since completion of the acquisition, Direct Solar has secured more than $400,000 in solar-installation contracts. Direct Solar is currently averaging 2.7 sales per day and has been trending toward three. The company is looking to expand into Missouri, as well (http://nnw.fm/WFg8x).

Furthermore, SinglePoint recently announced a letter of intent to acquire ProActive Nutra. ProActive is a GMP- and FDA-compliant CBD, mushroom and herbal-cleanser manufacturing company. It has established a large following for its products, specifically the STAT! line of products, for which it currently has exclusive global distribution rights (http://nnw.fm/2vbRI).

SinglePoint continues to focus on its acquisition-based strategy. The company provides investors the opportunity to make investments across a broad range of assets. SinglePoint’s diversification mergers-and-acquisitions model offers a platform for sustainable growth and expansion into important markets.

For more information, visit the company’s website at www.SinglePoint.com

NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://nnw.fm/SING

About NetworkNewsWire

To receive instant SMS alerts, text STOCKS to 77948

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com