Digital Ally Announces Over $1 Million in August Subscription Orders
Flexible payment program started in June of 2020 met with high demand from law enforcement agencies
Lenexa, KS, Sept. 26, 2022 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”), today announced over $1 million in new subscription orders for the month of August, adding to an already extensive subscription list. The company’s subscription program, which offers agencies flexible payment terms, has been very popular as municipalities continue to deal with tight spending budgets.
Early in 2020, at the beginning stages of the Covid-19 pandemic, the company determined that many departments did not have adequate funding for critical video evidence technology. The new subscription program not only provides an opportunity to pay off the units over time, but in many cases, offers packages that require no down payment.
Robust August sales coincide with strong agency demand for Digital Ally’s next generation body-worn camera. The FirstVu PRO is a full-featured, one-piece camera designed specifically for law enforcement to increase safety and improve efficiencies for officers and administrators.
“We’re thrilled to be in the position necessary to be able to offer this program,” said Stan Ross, CEO of Digital Ally, concluding, “Our next generation body cameras are critically important to the safety and security of all concerned and we can’t let restricted funding get in the way of outfitting law enforcement, military and first responders with this technology.”
Digital Ally is also now offering grant assistance to agencies who need help accessing grant funding for new video evidence technology.
About Digital Ally
Digital Ally Companies (NASDAQ: DGLY) through its subsidiaries, is engaged in video solution technology, human & animal health protection products, healthcare revenue cycle management, ticket brokering and marketing, event production and jet chartering. Digital Ally continues to add organizations that demonstrate the common traits of positive earnings, growth potential, innovation and organizational synergies.
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Contact Information
Stanton Ross, CEO
Tom Heckman, CFO
Digital Ally, Inc.
913-814-7774
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: 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, 2021 and quarterly report on Form 10-Q for the three months and six months ended June 30, 2022, as filed with the Securities and Exchange Commission.
