LENEXA, KS--(Marketwired - Dec 2, 2016) - Digital Ally, Inc. (NASDAQ: DGLY) ("Digital or the "Company"), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial applications, today announced a notable sale of DVM-250 event recorder video systems along with FleetVu cloud services to a customer with a large non-emergency medical transportation vehicle fleet. The customer's initial order includes 89 DVM-250 in-car video systems, with the potential to equip the entire fleet of over 300 vehicles. Shipments will begin immediately.
The customer provides medical transportation for patients to its local medical facilities in addition to medical offices and hospitals throughout the state of Arizona. The initial order involves para-transit vehicles for non-emergency medical transportation. The customer is expected to continue its plan to deploy DVM-250 event recorders to its full fleet of vehicles.
"We continue to be excited with the growth of Digital Ally's commercial fleet solutions," said Stan Ross, Chief Executive Officer of Digital Ally, Inc. "This order demonstrates the importance of our solution to commercial fleets in addition to emergency medical/ambulance transportation services. Our system provides fleet managers audio/video equipment to easily monitor driver behavior and mitigate liabilities during transportation of the general public as well as patients." Ross continued. "In addition to our top of the line DVM-250 event recorder systems, the customer also took advantage of our FleetVu cloud management software, which recently surpassed a major milestone, having processed over two million video events from our commercial fleet customers. Our FleetVu Manager users are able manage and monitor their fleet drivers using their own customized and defined feedback parameters, such as speed, hard braking, geo-fencing and erratic turns, all of which are automatically uploaded to FleetVuManager.com without having to manually sort through hours of recorded video events. Such monitoring and analytics provide valuable feedback to risk managers for training and evaluation purposes, as well supplying audio/video documentation of wrecks or other events that may result in liability to the fleet owner," Ross concluded.
FleetVu Manager adds powerful real-time asset tracking, automated alerts and telematics capabilities at the customer's fingertips. Software options include live asset tracking and mapping, posted speed violations and customizable real-time alerts, such as idle time, collisions, geo fences and speeding. FleetVu Cloud enables agency managers to easily monitor their fleet of vehicles and driver performance. Users can store and manage video, update firmware and wireless configurations while using features such as mapping, reporting and creating driver score cards. FleetVu mobile allows drivers to perform pre- and post-inspections of the vehicle. It instantly sends alerts via SMS or email to fleet managers if there is a breakdown, maintenance request or any issue with that vehicle. As a result, the system may be instrumental in reducing accidents, fraud and litigation risks.
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. The Company is headquartered in Lenexa, Kansas, and its shares are traded on The Nasdaq Capital Market under the symbol "DGLY." For additional news and information please visit www.digitalallyinc.com or follow us on Twitter @digitalallyinc and Facebook www.facebook.com/DigitalAllyInc
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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 customer will eventually deploy DVM-250 units with FleetVu cloud services to its entire fleet; whether the commercial division of the Company will experience growth; competition from larger, more established companies with far greater economic and human resources; 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 and nine months ended September 30, 2016, as filed with the Securities and Exchange Commission.