UPDATE ON TRIAL DATE FOR DIGITAL’S LITIGATION AGAINST AXON
January 17 2019 - 8:00AM
Digital Ally, Inc. (NASDAQ: DGLY), which develops,
manufactures and markets advanced video surveillance products for
law enforcement, homeland security and commercial applications,
announces a development in its legal battle against Axon
Enterprise, Inc. (“Axon,” formerly TASER International, Inc.). At
the hearing yesterday, both parties expressed a desire to set a
trial date and the Court took the issue under advisement. A trial
date will be forthcoming.
The Company filed its case in the United States
District for the District of Kansas against Axon on January 14,
2016, alleging that Axon has, and continues, to willfully infringe
Digital’s ‘452 Patent, which covers its auto-activation
technology.
“We were excited to meet with the Court and
discuss the trial. We were glad to hear that both parties were
looking to set a trial date. We are looking forward to the judge
setting that date and moving forward to present our case to a
jury,” said Digital Ally’s CEO, Stanton E. Ross. “We are also
looking forward to a pre-trial conference on August 28, 2019 in our
patent infringement lawsuit against Enforcement Video, LLC (d/b/a
WatchGuard Video), at which we believe a trial date will be set,”
concluded Ross.
About Digital Ally
Digital Ally, Inc., headquartered in Lenexa, KS,
specializes in the design and manufacturing of the highest quality
video recording equipment and video analytic software. Digital Ally
pushes the boundaries of technology in industries such as law
enforcement, emergency management, commercial fleets, and consumer
use. Digital Ally’s complete product solutions include in-car and
body cameras, cloud and local management software, and automatic
recording technology. These products work seamlessly together and
are simple to install and operate. Digital Ally products are sold
by domestic direct sales representatives and international
distributors worldwide.
For additional news and information please
visit www.digitalallyinc.com or follow us on Twitter
@digitalallyinc and Facebook www.facebook.com/DigitalAllyInc
Follow additional Digital Ally Inc. social media channels here:
Linkedin I Instagram I Google+ I Pinterest
Contact Information
Stanton Ross, CEO
Tom Heckman, CFO
Digital Ally, Inc.
913-814-7774
info@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: whether the Company will achieve positive
outcomes in its litigation with Axon and WatchGuard Video and the
time frames for such litigation; competition from larger, more
established companies with far greater economic and human
resources; its ability to attract and retain customers and quality
employees; and the effect of changing economic conditions. 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 nine months ended September 30, 2018, filed with the
Securities and Exchange Commission.
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