Digital Ally Receives Order to Upgrade Airport Shuttle Bus Fleet Video Systems
April 27 2017 - 9:08AM
Marketwired
Order includes upgrade of entire shuttle bus fleet to include
three years of FleetVu Manager driver training and monitoring
portal and related cloud storage services
LENEXA, KS-(Marketwired - Apr 27, 2017) - 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 the receipt of an order from an existing customer
for DVM-250 in-bus systems and FleetVu Manager cloud software.
The customer, which is one of the largest near-airport parking
companies in the United States with operations in more than 30
locations at 20 airports, has awarded the Company's commercial
division a three-year service contract to upgrade its existing
fleet of 388 DVM-250 in-bus event recorder systems to include
Digital Ally's FleetVu Manager cloud service, which provides driver
training/monitoring and cloud storage. The contract also includes
an additional 78 new DVM-250 in-bus video systems equipped with
FleetVu Manager, which will complete this customer's full fleet
deployment. The order totals approximately $400,000 in revenue,
including FleetVU Manager recurring service over three years. The
customer's shuttle buses pick up and drop off guests at their
vehicles or valet lobbies and run continuously to and from airport
terminals.
"We continue to be pleased by the success of our commercial
division, specifically with our ability to retain and extend our
current customer contracts," said Stan Ross, CEO of Digital Ally,
Inc. "We pride ourselves on our ability to provide our customers
with the most innovative and cost effective end-to-end total video
solution available on the market. Our loyal customers not only
renew contracts, but also upgrade their equipment and software,"
Ross continued. "With our FleetVu Manager software, every tool a
fleet manager needs is in the cloud. Users are able to customize
defined feedback parameters for their drivers and automatically
have the data uploaded to FleetVuManager.com, without having to
sort through hours of recorded video events. This order is an early
indication that our corporate-wide strategy to grow our recurring
service revenue base appears to be yielding positive results,"
concluded Ross.
"Our initial success of the DVM-250 series of commercial event
recorders was in the ambulance, taxi, limousine and paratransit
market. We are very pleased to report that we continue to gain
significant market-share in the airport ground transportation
market with this order from a leader in that industry. We are
pursuing our goal of widening our commercial sales channels to
address additional market opportunities, including ride-sharing,
local delivery, overnight delivery, over-the-road trucks, and other
vehicle fleet operators," stated John Rumage, head of the Company's
commercial division.
The DVM-250Plus is supported by Digital Ally's FleetVu Manager
cloud service including driver training/monitoring and cloud
storage, which is designed specifically to increase safety in
commercial fleet vehicles. The versatility and comprehensive nature
of the FleetVu Manager cloud portal and storage was cited as a
major reason for this customer's decision to upgrade and outfit its
entire fleet with Digital's event recorders with cloud service.
Another unique and important feature that the Company's event
recorders provide is multi-camera functionality, which allows
airport shuttle bus customers to capture video from four cameras -
road facing, driver facing, reverse and when the side doors of a
bus are in operation.
The DVM-250 is a video event data recorder (VEDR) that is
integrated into a rear-view mirror and captures "events" defined by
the customer, which generally include accidents, speeding, braking,
swerving, and other user-defined triggers, while providing features
such as immediate driver feedback. It also records in a continuous
loop while simultaneously providing video documentation of events.
FleetVu Manager adds powerful real-time asset tracking, automated
alerts and telematics capabilities at our 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.
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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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 Company will continue to gain market
share in the airport ground transportation market and also
generally broaden its commercial sales channels to take advantage
of other market opportunities; whether it will be able to expand
its base of recurring revenues; competition from larger, more
established companies with far greater economic and human
resources; the effect of changing economic conditions; and changes
in government regulations 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, 2016, as filed with the Securities and
Exchange Commission.
For Additional Information, Please Contact:
Stanton E. Ross
CEO
(913) 814-7774
or
Thomas J. Heckman
CFO
(913) 814-7774
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