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Digital Ally Passes 200 Subscription Milestone for Law Enforcement Orders

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Digital Ally, Inc. (NASDAQ: DGLY) announced its Law Enforcement division surpassed 200 subscriptions since June 2020, highlighting strong demand for its flexible payment model during budget constraints. The subscription service enables police agencies to acquire body-worn cameras and video solutions, such as the FirstVu PRO and EVO HD, often without down payments. Grant assistance is also available for agencies seeking funding for new video technology. The company's innovative products aim to enhance officer safety and operational efficiency.

Positive
  • Achieved over 200 subscriptions for the Law Enforcement division since June 2020.
  • High demand for the flexible payment model among law enforcement agencies facing budget constraints.
  • Successful orders for the FirstVu PRO, designed to enhance safety and efficiency.
  • Strong sales for the EVO HD, providing reliable in-car video solutions.
  • Offering grant assistance to help agencies obtain funding for new technology.
Negative
  • None.

Flexible spending model met with high demand from law enforcement agencies

Lenexa, KS, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) (the Company), today announced its Law Enforcement division had passed 200 subscriptions since its inception in June of 2020. The company’s subscription program, which offers agencies flexible payment terms, has been very popular as municipalities continue to deal with tight spending budgets.

The 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.

The demand for flexible payment terms coincides with several notable orders 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 excited to see both longstanding and new customers gravitating to our next generation body cameras,” said Stan Ross, CEO of Digital Ally, concluding, “and proud that our flexible subscription program allows so many departments to outfit their officers with technology that helps keep their communities and themselves safer.”

The company is also recognizing strong sales for its EVO HD. A complete in-car video solution, the EVO HD maximizes space and offers top-end reliability paired with remote access and service capabilities.

Digital Ally is also 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.

For additional news and information please visit www.digitalallyinc.com or follow additional

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Contact Information
Stanton Ross, CEO
Tom Heckman, CFO
Digital Ally, Inc.
913-814-7774
info@digitalallyinc.com

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 Company will be able to maintain or expand its share of the markets in which it competes with the FirstVu Pro and EVO HD; whether the Company will make a global impact with its technology innovations; 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; the effect of changing economic conditions; whether the technology referenced in this release will work as anticipated and meet the needs of the Company’s customers; 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 ended June 30, 2022, as filed with the Securities and Exchange Commission.

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FAQ

What is the significance of the 200 subscriptions for Digital Ally's Law Enforcement division?

The 200 subscriptions mark a milestone since the program's launch in June 2020, indicating strong market demand.

How does Digital Ally's flexible payment model benefit law enforcement agencies?

The flexible payment model allows law enforcement agencies to acquire necessary technology without significant upfront costs, which is crucial during budget constraints.

What products has Digital Ally launched for law enforcement?

Digital Ally has launched the FirstVu PRO body-worn camera and the EVO HD in-car video solution, designed specifically to enhance safety and operational efficiency.

Is Digital Ally providing any financial assistance to law enforcement agencies?

Yes, Digital Ally is offering grant assistance to agencies to help them secure funding for new video evidence technology.

What are the key features of the FirstVu PRO camera?

The FirstVu PRO is a full-featured, one-piece body-worn camera aimed at improving safety and efficiency for law enforcement.

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