SOURCE: DSG Global Inc.

DSG Global Inc.

June 27, 2017 08:30 ET

DSG Global Continues Rapid Expansion in Europe with New Resort Installations

The company gains two Swedish resorts, a 27 hole resort and a 36 hole resort

VANCOUVER, BC and LOS ANGELES, CA--(Marketwired - June 27, 2017) - DSG GLOBAL INC. (OTCQB: DSGT), the world's leading provider of the patented GPS golf tag management and on-course media system, is pleased to announce that Sotenas Golfklubb in Hunnebostrand, Sweden and the Bokskogens GolfKlubb in Bara, Sweden have selected DSG Tag® systems for installation on their entire fleet of golf carts.

Sotenas features a 27 hole resort while Bokskogens features a 36 hole system. The company anticipates revenue of $3+ MM for the remaining three quarters of the year with these installs contributing to the company's previously mentioned sizable pipeline and backlog of installations that is being fulfilled during the remainder of 2017.

Pat Parenti, Senior VP of Sales for DSG Global noted, "We are very pleased to have a partner like Sotenas, they are an upscale golf resort in Sweden with 27 holes of challenging golf. The staff is great and they take a lot of pride in their property. We are very pleased to have been selected by Sotenas and look forward to a very close relationship with the entire team. Bokskogens has an impeccable reputation and therefore choose their partners and suppliers very carefully. We are excited to assist the Bokskogens team with the management of their two courses."

DSG Global President and CEO, Robert Silzer Sr., commented, "We have built an exceptional array of products to maximize efficiencies in the golf business. We've enjoyed a tremendous start to 2017 and I'm very pleased to add these two top rated properties in Sweden to our list of premiere partners. These great additions really strengthen our position in the European market. DSG has recently installed four courses in Sweden, ten in the UK and two in Spain."

DSG Global Inc. manufactures and markets a range of proprietary technology solutions specifically tailored to golf course operations. Learn more about DSGT at http://www.dsgtag.com.

About DSG Global Inc.

DSG Global Inc. (DSGT) provides patented electronic tracking systems and fleet management solutions to golf courses that allow for remote management of the course's fleet of golf carts, turf equipment and utility vehicles. Their clients use DSGT's unique technology to significantly reduce operational costs, increase safety, and enhance customer satisfaction. DSGT has grown to become a leader in the category of Fleet Management in the golf industry, with their technology installed in over 15,000 vehicles on more than 250 courses worldwide. DSGT is now aggressively branching into several new streams of revenue, through programmatic advertising, licensing and distribution. DSGT is also expanding into Commercial Fleet Management, RAPTOR SINGLE RIDER GOLF CAR, 100E FULLY LOADED MULLEN GOLF CARS, 2 and 4 seaters and Agricultural applications.

Safe Harbor for Forward-Looking Statements

This press release contains forward-looking statements. Forward-looking statements in this press release include statements relating to the Company's corporate finance and other strategic initiatives, and the Company's expansion into markets outside of the golf industry. Forward-looking statements are inherently subject to risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, including, without limitation, the following: the timing and nature of any capital raising transactions; our ability to offer products and services for use by customers in new markets outside of the golf industry; the risk of competition; our ability to find, recruit and retain personnel with knowledge and experience in selling products and services in these new markets; our ability to manage growth; and general market, economic and business conditions. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Current Report on Form 8-K filed with the Securities and Exchange Commission on May 12, 2015. Forward-looking statements are made as of the date of this release, and we expressly disclaim any obligation or undertaking to update forward-looking statements.

Contact Information

  • CONTACT INFORMATION

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    DSG Global Inc.
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