SOURCE: Digital Caddies

Digital Caddies

May 20, 2014 09:10 ET

Digital Caddies Status Update

Next Generation Tablet Now Being Installed at Golf Courses Across the U.S.

SCOTTSDALE, AZ--(Marketwired - May 20, 2014) - Digital Caddies, Inc. (OTC Pink: CADY) (PINKSHEETS: CADY), a leader in the on-course delivery of technology services and content to golfers, announces the rollout of their new 10-inch tablet. 

Demand for Digital Caddies new 10-inch tablet has been extraordinary as evidenced by contracts in place for nearly 10,000 units. Installation of these new devices is expected to be completed near the end of summer 2014, which will bring the total number of tablets on the network to nearly 15,000. The new larger screen and recently improved user interface deliver valuable content to golfers, including GPS-based course navigation, aerial green views, accurate yardages to landmarks and on-course messaging. The new 10-inch tablets will also provide an improved platform for advertisers who seek to deliver relevant, interactive content to golfers when and where they play. This combination of features for the golfer and access to a powerful demographic for the advertiser creates an opportunity for golf course operators to enhance their customer experience and build loyalty for their facilities.

"Both the golfer and advertiser wanted a larger screen, and we have responded with the new 10-inch tablet," reported Mike Loustalot, president of Digital Caddies, Inc. "Digital Caddies remains nimble and responsive to its customers' desires, and we're confident that the visual appeal of the enlarged screen will enhance the golfer experience and attract new advertising partners, dramatically increasing opportunities for monetization."

Digital Caddies tablets install easily on golf cars and connect wirelessly to the Web through Sprint's nationwide 3G network, providing the golf course a broad portfolio of real-time course management tools via GPS-based golf car tracking and communications. These tools enable course operators to improve the golfer experience, manage pace of play and increase merchandise and concession sales via real-time promotions. Golf courses benefit from reduced operating costs by better tracking golf car inventory, managing driver behavior and forecasting agronomy issues.

About Digital Caddies
Digital Caddies was founded in 2003 and established a solid reputation and loyal customer base by providing a low-cost, user-friendly GPS service to golf courses. The company has now transitioned to a new business model, which provides courses and golfers with a tablet-based navigation system and advertisers with a content platform that is wirelessly connected to the Internet and installed on golf cars. For more information about Digital Caddies, please visit www.digitalcaddies.net.

Forward-Looking Statements
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Digital Caddies, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Digital Caddies, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Digital Caddies, Inc.'s filings with the Securities and Exchange Commission.

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