Digital Ally Announces Newest Subscription Program Focusing on In-Car Camera Systems for Law Enforcement
July 29 2020 - 8:00AM
Digital Ally, Inc. (NASDAQ: DGLY), which develops, manufactures,
and markets advanced video recording products and other critical
safety products for law enforcement, emergency management, fleet
safety and security, today announced the launch of its newest
subscription program for in-car camera systems. The announcement
comes shortly after the launch of the Company’s body camera
subscription program, which has generated overwhelming demand from
the law enforcement community.
The company has determined that many departments
do not have adequate funding for video evidence technology which
has been magnified recently because the coronavirus pandemic has
strained local and state budgets. The new subscription program will
not only provide an opportunity to pay off the units over time, but
in many cases, will offer packages that require no down
payment.
“While body cameras and in-car video systems
have become more common in the last decade, there are still
hundreds, if not thousands, of departments that don’t have this
critical technology,” said Stan Ross, CEO of Digital Ally,
concluding, “Body cameras and in-car video systems are critically
important to the safety and security of all concerned and we can’t
let restricted funding get in the way of outfitting law
enforcement, military and first responders with this
technology.”
The in-car subscription program will be
available for the Company’s innovative EVO-HD system with built-in
VuLink® auto-activation technology and can be integrated seamlessly
with a FirstVu HD body camera. The subscription program will offer
several cloud packages to fit policies set forth by the police
department or cities and will offer no money down payment options
for qualifying customers.
In conjunction with Digital Ally’s body camera
subscription program, the in-car program will also give departments
the opportunity to provide their officers with much needed evidence
capturing technology that may not have been available due a lack of
funding.
About Digital AllyDigital
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, fleet safety and security. Digital Ally’s complete
product solutions include vehicle and body cameras, flexible
software storage, automatic recording technology and various
critical safety products. These products work seamlessly together
and are simple to install and operate. In addition, Digital Ally
recently launched two new product lines including a non-contact
thermometer/controlled-entry device under the Company’s ThermoVu™
brand and an EPA Category IV disinfectant/sanitizer under the
Company’s Shield™ brand. 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.
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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 the Company will be able to
improve its revenue and operating results, especially in light of
the adverse effects of the Covid-19 pandemic on its customers,
suppliers and employees; whether the Company will effectively
manage the disruptions to its supply chain and business
activities caused by the Covid-19 pandemic; whether the
Company will be able to effectively market and increase sales
of the Company’s body camera, in-car video and VuLink product lines
to its customers under its new subscription agreement plan; whether
the Company can maintain the working capital levels necessary to
fund the upfront costs related to the subscription programs,
whether law enforcement agencies will have adequate budgets and
financial resources to acquire the Company’s products under the
subscription program; whether the Company’s new products will meet
applicable government regulations as promulgated; whether the
Company will be able to adapt its technology and products 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 and whether the Company will be
successful in its patent infringement litigation with Axon
Enterprises, Inc. 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, 2019, and its Quarterly
Report on Form 10-Q for the three months ended March 31, 2020 as
filed with the Securities and Exchange Commission.
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