DIGITAL ALLY ANNOUNCED SPIN-OFF CREATES KUSTOM ENTERTAINMENT TO JOIN TOGETHER ITS NEW ENTERTAINMENT AND TICKETING BUSINESSES
December 15 2022 - 7:30AM
Kustom Entertainment, Inc., a newly formed subsidiary of Digital
Ally Inc. (NASDAQ: DGLY), will provide oversight to current wholly
owned subsidiaries TicketSmarter and Kustom 440. Digital Ally, Inc.
plans to complete a corporate spin-off of this newly formed
division in the first half of 2023 to create a separate publicly
traded entity, focused on live event and concert production to
accompany TicketSmarter’s ability to offer primary and secondary
ticketing options.
Both TicketSmarter and Kustom 440 will combine
their management and focus on concerts, entertainment and garnering
additional ticketing partnerships in 2023. Their mission will be to
create and own events and festivals, and acquire other properties
with positive financial results. Digital Ally and TicketSmarter
will use their existing sponsorships and sports property
partnerships to develop alternative entertainment options for
consumers.
“We couldn’t be more excited to integrate Kustom
Entertainment and Kustom 440 with a proven company like
TicketSmarter to develop, create and execute events,” Digital Ally
Inc. CEO Stanton E. Ross said. “We look forward to delivering
one-of-a-kind experiences for fans and will be announcing our first
major concert festival on December 16.”
TicketSmarter is a primary ticket provider for
events and organizations, and can provide resale ticketing to the
marketplace, giving fans a safe, trusted platform where they can
buy and sell tickets. By combining its management team with Kustom
440 Inc., the new entity will be able to produce and ticket its own
events for clients, sponsors and venues that want an alternative
partnership in the U.S. and abroad.
“From the moment a fan purchases their tickets
to the moment they attend an event, we want TicketSmarter customers
to experience the best entertainment has to offer ,” said Jeff
Goodman, TicketSmarter CEO. “Our partnership with Kustom 440 will
make sure that our produced events are comfortable, safe and
seamless.” TicketSmarter has provided over 48 million tickets for
purchase to customers over the past 10 years and will soon be
announcing other new strategies for customers and its clients.
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About TicketSmarter
TicketSmarter is a proud member of the Digital
Ally Companies (NASDAQ: DGLY). With more than 48 million tickets
for sale, TicketSmarter enables customers to experience the power
and excitement of live events. TicketSmarter is the official ticket
resale partner of over 35 collegiate conferences, 300+
universities, and hundreds of events and venues nationally.
TicketSmarter is the official ticket resale partner of Rose Bowl
Stadium and the title sponsor of the TicketSmarter Birmingham Bowl
with ESPN Events - for more information, follow @Birmingham_Bowl on
Twitter.
TicketSmarter also works alongside numerous
charitable partners, including St. Jude Children’s Research
Hospital, the V Foundation and the Quarterbacking Children’s Health
Foundation.
To learn more about TicketSmarter, visit
TicketSmarter.com, and follow @TicketSmarter on Facebook, Twitter,
and Instagram.
About Kustom
440
Established in 2022, Kustom 440 is an
entertainment division of Digital Ally Inc. (NASDAQ: DGLY) whose
mission it is to attract, manage and promote concerts, sports and
private events. Kustom 440 is unique in that it brings a primary
and secondary ticketing platform, in addition to its video
solutions, all natural hand sanitizers and cleansers to each of its
partnerships. Kustom 440 supports national and local charities
focusing on at-risk youth and women.
For more information on Kustom 440, visit
www.Kustom440.com and follow @Kustom440 on Facebook, Twitter,
Instagram, YouTube, TikTok and LinkedIn.
Media Contacts:Gypsie
Hutchinson859-619-4528Media@Kustom440.com
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