LENEXA, KS--(Marketwired - Aug 2, 2016) - Digital Ally, Inc. (
"This order demonstrates Digital Ally's success in deploying FirstVu HD body-worn cameras across various industries and applications in addition to the traditional law enforcement market," said Stan Ross, Chief Executive Officer of Digital Ally, Inc. "After the eight-week pilot program, the customer found that its security officers preferred Digital Ally's less intrusive, two piece body-worn camera design. It was looking for a solution that met its audio/video needs with the smallest physical footprint on its security officers' uniforms. This order demonstrates the trend of the private security industry recognizing the benefits of a body camera in mitigating risks and the critical documentation it provides," continued Ross.
"Our FirstVu HD platform is paired with our VuVault suite of back office software. VuVault supports full system control and management either in the cloud or on a local network. Together, these two technologies form the complete audio/video solution. We believe that this large order confirms our strategy of expanding our market channels for our industry-leading technology to include commercial customers. These customers are recognizing the value of maintaining audio/video documentation similar to law enforcement and we believe this trend will continue for the foreseeable future," Ross concluded.
Digital Ally's FirstVu HD body-worn video cameras are the most versatile on the market. They offer multiple camera and mounting options with crystal-clear high definition audio and video capabilities. The FirstVu HD two-piece model allows our customers to choose between the chest mounted and our POV Camera option. Our POV camera can be mounted on glasses, hats or the uniform's epaulet. The FirstVu HD one-piece model gives customers an additional option when choosing a body worn camera to purchase. The FirstVu HD One builds upon the same platform as our two-piece model. VuVault™ supports full system control and management, including the ability to view the video feed, add notes and play back recorded videos. It also allows for secure remote access to recording camera controls, GPS and event tagging.
The Company is headquartered in Lenexa, Kansas, and its shares are traded on The NASDAQ Capital Market under the symbol "DGLY".
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 receive the purchase orders anticipated under the supply contract with this non-law enforcement customer; whether the Company will be able to maintain or expand its share of the markets in which it competes, including those outside the law enforcement industry, such as the private security industry; whether the trend of the private security industry recognizing the benefits of body-worn camera will continue and whether such interest will translate into sales of the Company's products; 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, 2015 and quarterly report on Form 10-Q for the three months ended March 31, 2016, as filed with the Securities and Exchange Commission.
For Additional Information, Please Contact: Dan Reynolds Investor Relations (913) 274-2512 Dan.Reynolds@DigitalAllyInc.com
