West Virginia State Police Places Third Order for DVM-500 Systems
OVERLAND PARK, Kan., April 17 /PRNewswire-FirstCall/ -- Digital Ally,
Inc. (Nasdaq: DGLY), which develops, manufactures and markets advanced
video surveillance products for law enforcement, homeland security and
commercial security applications, today announced that it has signed a
statewide contract with the Utah General Services Department for its
DVM-500 In-Car Video Rearview Mirror Systems.
The contract will allow all state, county and municipal law enforcement
agencies to purchase Digital Ally's DVM-500 systems under the same terms
and prices. All law enforcement agencies in the State of Utah are currently
being notified of this contract and the terms under which DVM-500s may be
purchased.
The Company also announced that the West Virginia State Police, which
placed an initial order for 124 DVM-500 systems in early 2007 and ordered
an additional 50 systems in September 2007, placed a third order for an
additional 100 systems during the first quarter of 2008. The agency has
indicated that it plans to order another 200 systems later this year.
"The Utah agreement represents the sixth statewide contract that we
have received for our DVM-500 In-Car Video Rearview Mirror systems," stated
Stanton E. Ross, Chief Executive Officer of Digital Ally, Inc. "Meanwhile,
the receipt of a third order from the West Virginia State Police clearly
illustrates the manner in which law enforcement agencies have re-ordered
additional units as budget considerations allow and as they have gained
experience with the DVM-500 in the field."
About Digital Ally, Inc.
Digital Ally, Inc. develops, manufactures and markets advanced
technology products for law enforcement, homeland security and commercial
security applications. The Company's primary focus involves Digital Video
Imaging and Storage. For additional information, visit
http://www.digitalallyinc.com
The Company is headquartered in Overland Park, 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, and the
extent to which, the Company may obtain DVM-500 orders from the State of
Utah; the Company's ability to have its new product offerings perform as
planned or advertised; whether there will be a commercial market,
domestically and internationally, for one or more of its new products; its
ability to commercialize its products and production processes, including
increasing its production capabilities to satisfy orders in a
cost-effective manner; its ability to continue to increase revenue and
profits; 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; its ability to obtain patent protection on any of
its products and, if obtained, to defend such intellectual property rights;
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-KSB filed with the Securities and Exchange Commission.
For Additional Information, Please Contact:
Stanton E. Ross, CEO at (913) 814-7774
or
RJ Falkner & Company, Inc., Investor Relations Counsel at (800) 377-9893 or
via email at info@rjfalkner.com
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