Digital Ally Receives Initial Order of Commercial Fleet Deployment for DVM-250 Event Recorder Systems and FleetVu Cloud Servi...
December 02 2016 - 7:30AM
Marketwired
Digital Ally Receives Initial Order of Commercial Fleet
Deployment for DVM-250 Event Recorder Systems and FleetVu Cloud
Services
FleetVu Manager cloud software exceeds 2,000,000 video events
processed
LENEXA, KS-(Marketwired - Dec 2, 2016) - Digital Ally, Inc.
(NASDAQ: DGLY) ("Digital or the "Company"), which develops,
manufactures and markets advanced video surveillance products for
law enforcement, homeland security and commercial applications,
today announced a notable sale of DVM-250 event recorder video
systems along with FleetVu cloud services to a customer with a
large non-emergency medical transportation vehicle fleet. The
customer's initial order includes 89 DVM-250 in-car video systems,
with the potential to equip the entire fleet of over 300 vehicles.
Shipments will begin immediately.
The customer provides medical transportation for patients to its
local medical facilities in addition to medical offices and
hospitals throughout the state of Arizona. The initial order
involves para-transit vehicles for non-emergency medical
transportation. The customer is expected to continue its plan to
deploy DVM-250 event recorders to its full fleet of vehicles.
"We continue to be excited with the growth of Digital Ally's
commercial fleet solutions," said Stan Ross, Chief Executive
Officer of Digital Ally, Inc. "This order demonstrates the
importance of our solution to commercial fleets in addition to
emergency medical/ambulance transportation services. Our system
provides fleet managers audio/video equipment to easily monitor
driver behavior and mitigate liabilities during transportation of
the general public as well as patients." Ross continued. "In
addition to our top of the line DVM-250 event recorder systems, the
customer also took advantage of our FleetVu cloud management
software, which recently surpassed a major milestone, having
processed over two million video events from our commercial fleet
customers. Our FleetVu Manager users are able manage and monitor
their fleet drivers using their own customized and defined feedback
parameters, such as speed, hard braking, geo-fencing and erratic
turns, all of which are automatically uploaded to
FleetVuManager.com without having to manually sort through hours of
recorded video events. Such monitoring and analytics provide
valuable feedback to risk managers for training and evaluation
purposes, as well supplying audio/video documentation of wrecks or
other events that may result in liability to the fleet owner," Ross
concluded.
FleetVu Manager adds powerful real-time asset tracking,
automated alerts and telematics capabilities at the customer's
fingertips. Software options include live asset tracking and
mapping, posted speed violations and customizable real-time alerts,
such as idle time, collisions, geo fences and speeding. FleetVu
Cloud enables agency managers to easily monitor their fleet of
vehicles and driver performance. Users can store and manage video,
update firmware and wireless configurations while using features
such as mapping, reporting and creating driver score cards. FleetVu
mobile allows drivers to perform pre- and post-inspections of the
vehicle. It instantly sends alerts via SMS or email to fleet
managers if there is a breakdown, maintenance request or any issue
with that vehicle. As a result, the system may be instrumental in
reducing accidents, fraud and litigation risks.
About Digital Ally, Inc. Digital Ally, Inc. develops,
manufactures and markets advanced technology products for law
enforcement, homeland security and commercial applications. The
Company's primary focus is digital video imaging and storage. The
Company is headquartered in Lenexa, Kansas, and its shares are
traded on The Nasdaq Capital Market under the symbol "DGLY." For
additional news and information please visit www.digitalallyinc.com
or follow us on Twitter @digitalallyinc and Facebook
www.facebook.com/DigitalAllyInc
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here:
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This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Act of 1934. These forward-looking
statements are based largely on the expectations or forecasts of
future events, can be affected by inaccurate assumptions, and are
subject to various business risks and known and unknown
uncertainties, a number of which are beyond the control of
management. Therefore, actual results could differ materially from
the forward-looking statements contained in this press release. A
wide variety of factors that may cause actual results to differ
from the forward-looking statements include, but are not limited
to, the following: whether the customer will eventually deploy
DVM-250 units with FleetVu cloud services to its entire fleet;
whether the commercial division of the Company will experience
growth; competition from larger, more established companies with
far greater economic and human resources; the effect of changing
economic conditions; and changes in government regulations, tax
rates and similar matters. These cautionary statements should not
be construed as exhaustive or as any admission as to the adequacy
of the Company's disclosures. The Company cannot predict or
determine after the fact what factors would cause actual results to
differ materially from those indicated by the forward-looking
statements or other statements. The reader should consider
statements that include the words "believes", "expects",
"anticipates", "intends", "estimates", "plans", "projects",
"should", or other expressions that are predictions of or indicate
future events or trends, to be uncertain and forward-looking. The
Company does not undertake to publicly update or revise
forward-looking statements, whether as a result of new information,
future events or otherwise. Additional information respecting
factors that could materially affect the Company and its operations
are contained in its annual report on Form 10-K for the year ended
December 31, 2015 and quarterly report on Form 10-Q for the three
and nine months ended September 30, 2016, as filed with the
Securities and Exchange Commission.
For Additional Information, Please Contact: Stanton E. Ross CEO
(913) 814-7774 Thomas J. Heckman CFO (913) 814-7774
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