DIGITAL ALLY ANNOUNCES ISSUANCE OF TWO ADDITIONAL LAW ENFORCEMENT PATENTS BY THE UNITED STATES PATENT OFFICE
September 11 2018 - 8:00AM
Patent Office Grants Digital Ally Two New Camera
Patents
Digital Ally, Inc. (Nasdaq: DGLY), which develops, manufactures and
markets advanced video surveillance products for law enforcement,
homeland security and commercial applications, is pleased to
announce a new development from the United States Patent Office in
its continued prosecution of critical patents for the law
enforcement community. The Patent Office has granted Digital Ally
two new patents: U.S. Patent Nos. 10,074,394 (“the ‘394 Patent”)
and 10,075,681 (“the ‘681 Patent”). These patents will be critical
for assisting Law Enforcement Officers capture and collect
evidence.
The ‘394 Patent is a continuation of the
original VuLink auto-activation patents that currently are being
asserted against Axon Enterprise Inc. (“Axon,” formerly TASER) and
Enforcement Video, LLC (d/b/a WatchGuard Video). The ‘394 Patent
broadens Digital’s auto-activation patent portfolio by providing
more functionality relating to auto-activation, including
triggering camera operation when a law enforcement officer exits
the vehicle.
The ‘681 Patent is the first patent to issue in
a new family of inventions from Digital. The ‘681 Patent is
directed to forward and rearward cameras that are mounted in a
manner so the law enforcement officer can rotate and point them
where necessary. For example, a point-of-view camera including both
a forward and rearward camera view mounted to the officer’s head
also allows the officer to adjust the recording angle of the
cameras as the situation dictates.
“We are excited that the Patent Office
continues to recognize the pioneering work of our engineering team
at Digital. We have always prided ourselves on our ability to
out-innovate even our largest competitors,” said Digital Ally’s
CEO, Stanton E. Ross. “These patents further cement Digital as one
of the pioneering inventors in the body worn camera space for law
enforcement. And the ‘394 Patent, which was granted after the
Patent Office inspected Axon’s alleged prior art, further validates
Digital as the pioneering inventor of auto-activation for body worn
cameras,” concluded Ross.
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/DigitalAllyIncFollow additional
Digital Ally Inc. social media channels here:
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 achieve
positive outcomes in its litigation with Axon and WatchGuard;
whether the Patent Office’s granting of the new patents will
curtail, eliminate or otherwise have an effect on the actions of
Axon and WatchGuard respecting the Company, its products and
customers; and competition from larger, more established companies
with far greater economic and human resources. 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 because 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, 2017 and quarterly report on Form 10-Q for
the three and six months ended June 30, 2018, filed with the
Securities and Exchange Commission.
For Additional Information, Please Contact:
Stanton E. Ross, CEO, at (913) 814-7774 or
Thomas J. Heckman, CFO, at (913) 814-7774
Digital Ally (NASDAQ:DGLY)
Historical Stock Chart
From Mar 2024 to Apr 2024
Digital Ally (NASDAQ:DGLY)
Historical Stock Chart
From Apr 2023 to Apr 2024