Digital Ally Announces the Formation of its Kustom440TM Entertainment Subsidiary and Inaugural Music Event During Kentucky Derby Week
April 21 2022 - 1:00PM
Digital Ally, Inc. (NASDAQ: DGLY)
(the
“Holding
Company”), today
announced that its newly created entertainment division Kustom440TM
- along with its other wholly-owned subsidiary TicketSmarter® -
will produce its first event, Texas at the Derby, on May 6 in
Louisville, KY. Texas at the Derby will feature a VIP concert by
Warner Nashville country music artist Randall King the night prior
to the Kentucky Derby.
Kustom440, a wholly-owned operating company of
Digital Ally, is the latest addition to the Holding Company’s
growing group of subsidiaries, which are being established as part
of DGLY’s previously announced plan to diversify its product and
service offerings. Kustom440 leverages relationships built through
various venues and partnerships to market & produce unique,
customizable live experiences. Kustom440 will also utilize existing
synergies between the Holding Company’s other subsidiaries, such as
its primary and secondary ticketing platform TicketSmarter.
The Kentucky Derby event will begin at 7 p.m. ET
and will be held at The Pointe, a historic event center located in
the Butchertown area of Louisville, just minutes from downtown.
“We are excited to begin producing concerts and
events under the Kustom440 name,” said Stan Ross, CEO of Digital
Ally, adding, “Our team sets the standard for unique, customizable
live experiences and we look forward to working with Warner
Nashville and Randall King during the Derby weekend.”
Tickets, powered by TicketSmarter, can be
purchased at TexasHorseSociety.com.
About Digital Ally
Digital Ally Companies (NASDAQ: DGLY) through
its subsidiaries, is engaged in video solution technology, human
& animal health protection products, healthcare revenue cycle
management, ticket brokering and marketing, and event production.
Digital Ally continues to add organizations that demonstrate the
common traits of positive earnings, growth potential, innovation
and organizational synergies.
For additional news and information please visit
DigitalAllyCompanies.com or follow additional Digital Ally Inc.
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Contact InformationBryan PettigrewDigital Ally,
Inc.913-565-2434info@digitalallyinc.com
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: our operation in developing new markets
and uncertainty as to market acceptance of our technology, new
products, services, joint ventures and similar strategic
agreements, and our ability to grow the Kustom440 subsidiary;
whether the Company will make a global impact with its technology
innovations; whether the Company will be able to adapt its
technology to new and different uses, including being able to
introduce new products; competition from larger, more established
companies with far greater economic and human resources; its
ability to attract and retain customers and quality employees; 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, 2021.
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