SOURCE: Digital Ally, Inc.

Digital Ally, Inc.

February 11, 2015 08:28 ET

Digital Ally Expands Commercial Customer Base for Cloud-Based FleetVU Manager Software Solution to Include Emergency Medical Services Vehicles, Taxi Fleets and Small Bus Market

Recurring Revenue Cloud Solution Rapidly Growing in Commercial Markets

LENEXA, KS--(Marketwired - Feb 11, 2015) - Digital Ally, Inc. (NASDAQ: DGLY), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial applications, today announced that demand for its FleetVU Manager software solution continues to expand among commercial fleet operators. Recent orders have been received from operators of EMS vehicles (ambulances), taxis and small-bus fleets.

"FleetVU Manager is our revolutionary, web-based fleet tracking and monitoring software that features and manages video, captured by Digital Ally's Video Event Data Recorders, of incidents that require attention, such as accidents," stated Stanton E. Ross, the Company's Chief Executive Officer. "The developed software solution features Digital Ally's cloud-based web portal, which utilizes many of the features of our VUVault.NET law-enforcement cloud-based storage solution. To date, we have booked orders for over 360 DVM-250 Event Recorders and 58 Asset Tracking Units that will generate recurring revenue from the cloud over the next several years. The simplicity and security of the cloud is rapidly growing and complementing our server-based platforms in a number of commercial markets." 

"We have been very pleased with the enthusiastic reception that FleetVU Manager has received among operators of ambulance fleets, and we have recently expanded our marketing for the software solution to include taxis and operators of mini-bus fleets, including off-airport parking buses," continued Ross. 

Digital Ally's FleetVU Manager is a cost-effective cloud telematics and video storage system that offers fleet incident video management and reporting capabilities through an informative and user-friendly interface that can be enhanced with future, customizable live asset tracking modules. 

Features of the FleetVU Manager include:

  • Real-time alerts that allow management to be connected 24 hours a day, from any location.
  • Customizable auto-delete feature maintains cloud data at a manageable size.
  • Cloud has ample memory with adequate space to record from additional cameras (e.g., rear view, PTO switches, cargo department doors).
  • Incorporates asset tracking units and video into the same cloud platform.
  • Integrates real-time alerts into pre- and post-operation inspections, thereby maximizing driver safety and minimizing maintenance delays.
  • Manages fleet drivers through proprietary algorithm and fleet scoring system.
  • Available with three-year cloud service and three-year warranty.

"The cloud is simple to maintain, budget-friendly and provides off-site backup," noted John Rumage, Director of Commercial Sales at Digital Ally, Inc. "FleetVU Manager users can securely access data from anywhere with an Internet connection on a variety of devices, whether desktop, laptop, smartphone or tablet. This lets fleet managers operate in real-time, regardless of location, thereby enhancing the cost-effectiveness of fleet operations. It also upgrades automatically, allowing users to benefit from all the newest capabilities on the most current operating systems."

In addition to cloud storage, FleetVU Manager provides an efficient interface that provides for the analysis of fleet performance and automated driver behavior statistics, customizable reporting, access to detailed driver and vehicle information, wireless configuration and firmware updating, functionality checks, alert triggers and geo-fencing, and the ability to review incident video, causality data, and interactive route maps.

About Digital Ally, Inc.

Digital Ally, Inc. develops, manufactures and markets advanced technology products for law enforcement, homeland security and commercial applications. The Company's primary focus is digital video imaging and storage. For additional information, visit www.digitalallyinc.com.

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 FleetVU Manager will assist the Company in increase sales of its commercial products and the revenues of its commercial division; the Company's ability to deliver its new product offerings, including the FleetVU Manager, as scheduled and have them perform as planned; whether the interest shown in the Company's newer products, including the FleetVU Manager, will translate into sales; 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, 2013 and quarterly report on Form 10-Q for the three and nine months ended September 30, 2014, as filed with the Securities and Exchange Commission. 

Contact Information

  • For Additional Information, Please Contact:
    Stanton E. Ross
    CEO
    (913) 814-7774

    or

    RJ Falkner & Company, Inc.
    Investor Relations Counsel
    (800) 377-9893
    info@rjfalkner.com