Digital Caddies, Inc. Closes Financing
SCOTTSDALE, Ariz., Jan. 4, 2013 /PRNewswire/ -- Digital
Caddies, Inc. (OTCPK: CADY) is pleased to announce they have closed
a financing for the company. The funds recently raised will be
utilized to complete the development of their new tablet service
for golf courses and for general working capital.
Brad Nightingale, Digital Caddies
CEO, stated, "We are extremely excited for the New Year as we will
be launching our new tablet service, as planned, at the PGA show in
Orlando on January 24th. This funding is a
key milestone in our ability to achieve our 2013 goals"
About Digital Caddies
Digital Caddies was founded in 2003 and has since established a
solid reputation and customer base using a low cost, easy to use,
easy to implement GPS service, and is now transitioning to a new
business model by providing golf courses a similar technology
solution utilizing wireless connectivity and tablet technology that
is installed on golf carts at various golf courses throughout
North America. The content
provided through this new medium is specifically designed to
promote interaction between the golfer and the device throughout
their round and thus provides an excellent opportunity for the golf
course and advertisers to interact directly with golfers in ways
that have never been possible before.
For more information about Digital Caddies please go to their
website:
http://www.digitalcaddies.net
Safe Harbor
This release contains statements that constitute forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These statements appear in a number of places
in this release and include all statements that are not statements
of historical fact regarding the intent, belief or current
expectations of Digital Caddies, Inc., its directors or its
officers with respect to, among other things: (i) financing plans;
(ii) trends affecting its financial condition or results of
operations; (iii) growth strategy and operating strategy. The words
"may," "would," "will," "expect," "estimate," "can," "believe,"
"potential" and similar expressions and variations thereof are
intended to identify forward-looking statements. Investors are
cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties, many of which are beyond Digital Caddies, Inc.'s
ability to control, and that actual results may differ materially
from those projected in the forward-looking statements as a result
of various factors. More information about the potential factors
that could affect the business and financial results is and will be
included in Digital Caddies, Inc.'s filings with the Securities and
Exchange Commission.
Public Relations and Shareholder Information
Contact: Joseph M. Vazquez
Phone: (800) 554-5659
email: contact@digitalcaddies.net
SOURCE Digital Caddies, Inc.