DIGITAL ALLY ANNOUNCES DEPLOYMENT OF ITS PRODUCTS UNDER FEDERAL GOVERNMENT CONTRACT
December 16 2019 - 8:30AM
Digital Ally, Inc.
(NASDAQ: DGLY) ("Digital" or
the "Company"), which develops, manufactures and markets
advanced video recording products for law enforcement, emergency
management, fleet safety and security, today announced the recent
deployment of its FirstVu HD body-worn
cameras, DVM-800 in-car digital audio/video systems and
patented VuLink® automatic activation systems for Offutt
Air Force Base (Offutt) under a previously awarded federal
government contract.
Located near Omaha, Nebraska, Offutt is the
headquarters of the U.S. Strategic Command, the 557th Weather Wing,
and the 55th Wing of the Air Combat Command.
Over the last several years, Digital Ally has
expanded its patented technologies to commercial fleet companies
and event security applications. The Company is now a preferred
technology partner of NASCAR and has been awarded contracts for the
well-known venues such as MetLife Stadium and Arrowhead
Stadium.
The Company continues to expand its employee
base and intends to make a global impact with its technology
innovation, including the just released EVO-HD, Digital Ally's
first product in a new family of non-mirrored in-car systems for
law enforcement vehicles.
"This order illustrates what we believe will be
an industry-wide trend of law enforcement and government agencies
choosing Digital Ally as their total video solution," stated
Stanton E. Ross, Chief Executive Officer of Digital Ally, Inc. "An
important factor in obtaining these orders is the ability to offer
our patented VuLink® auto activation system, which allows
our digital audio/video cameras, such as the DVM-800, and our
body-worn cameras to automatically and simultaneously start
recording once either of the devices is activated. This allows
multiple recordings of the same event from different perspectives
in order to provide a more comprehensive recording of incidents in
the field. The automatic activation technology included in our
patented VuLink® has quickly become a standard
requirement in many requests for proposals.”
The Company also expects requests for proposals
to grow as a result of the Bureau of Justice Assistance (BJA), part
of the U.S. Department of Justice, now providing grant funding for
public law enforcement agencies in order to support the utilization
of body-worn cameras. The full press release from the BJA can be
found here: https://www.bja.gov/funding/BWC19.pdf
About Digital Ally
Digital Ally®, 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 additional Digital Ally Inc.
social media channels here:
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Contact InformationStanton Ross,
CEOTom Heckman, CFODigital Ally,
Inc913-814-7774info@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 there will be an industry-wide
trend of law enforcement and government agencies choosing Digital
Ally as their total video solution; whether the Company will
be able to maintain or expand its share of the markets in which it
competes with the new EVO-HD; whether and the extent to which
customers will purchase the Company’s products because of the
Company’s VuLink® technology; whether the Company will make a
global impact with its technology innovations; whether the
availability of the BJA grants will help increase the Company’s
body-worn camera sales; 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, 2018 and quarterly report on Form 10-Q for
the three and nine months ended September 30, 2019, as filed with
the Securities and Exchange Commission.
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