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Digital Ally, Inc. (DGLY) is a prominent provider of advanced mobile video systems, serving a diverse range of markets including law enforcement, commercial fleets, and security applications. The company is known for its innovative product lines such as the Digital Video Mirror (DVM Series), which integrates digital in-car video systems into a ruggedized rear-view mirror, optimizing space and functionality in police vehicles and commercial fleets.
Additionally, Digital Ally offers the FirstVu HD, a body-worn or mounted evidentiary-grade video system designed for versatile and compact use. Another notable product is the Laser Ally Lidar speed enforcement system, renowned for its advanced, user-friendly, and ergonomic design.
The company's products are extensively utilized by the U.S. military, law enforcement agencies, and various governmental entities across all 50 states and globally. Digital Ally’s technology integrates electronic, radio, computer, and multi-media technologies to provide comprehensive solutions addressing the needs of mass transit systems, school buses, taxicabs, and military operations.
Digital Ally operates in several segments, including Video Solutions, Revenue Cycle Management, and Entertainment. The company sells its products directly to end-users and through third-party distributors, ensuring a wide market reach both domestically and internationally.
Recent achievements and projects include ongoing enhancements to their core product lines and expanding their market presence through strategic partnerships. The company remains at the forefront of developing and deploying cutting-edge video imaging and storage solutions that meet the complex demands of modern security and law enforcement environments.
Digital Ally, Inc. (NASDAQ: DGLY) continues its collaboration with TicketSmarter, which serves as the official ticketing partner for Spartan Race and the Professional Fighters League (PFL). This partnership aims to enhance access to over 300 Spartan events and 20 PFL events annually, facilitating ticket purchases for fans and participants. TicketSmarter's CEO, Jeff Goodman, emphasized the growth potential from these unique events. Both Spartan and PFL executives shared their enthusiasm for the partnership, highlighting its role in improving fan experiences. TicketSmarter, with over 48 million tickets available, is also linked to various other sporting and entertainment events.
ST. PETERSBURG, Fla., Feb. 27, 2023 (GLOBE NEWSWIRE) -- Kustom Entertainment, a subsidiary of Digital Ally, will host entertainer Trace Adkins during the Firestone Grand Prix of St. Petersburg on March 3-5. Adkins will perform the national anthem as F-16 Fighting Falcons fly over the track. He has achieved over 11 million album sales and multiple Grammy nominations. The event includes the Country Roots Festival on May 13, which Kustom 440 will produce. CEO Stan Ross emphasized the honor of hosting Adkins, while driver Jack Harvey highlighted the event's excitement.
Digital Ally, Inc. (Nasdaq: DGLY) announced on February 23, 2023, that it has regained compliance with Nasdaq's minimum bid price requirement. This follows a 1-for-20 reverse stock split approved by stockholders on December 7, 2022, which took effect on February 6, 2023. The company’s common stock closed above $1.00 per share for 10 consecutive business days, ending February 22, 2023. Digital Ally offers various products including video technology and healthcare solutions, and it continues to seek out growth opportunities through acquisitions.
Digital Ally, Inc. (DGLY) announced a strategic partnership between its subsidiary Shield Products and Healers PetCare to enhance pet health solutions. This collaboration aims to expand Shield's product line, which includes natural, all-purpose topicals effective for animal wellness. Healers PetCare, known for its innovative pet products, will showcase these offerings at the Global Pet Expo from March 22-24 in Orlando, Florida. Shield's key products include EPA-registered disinfectants and FDA-cleared first aid solutions, reinforcing the company's commitment to pet health and safety.
RedChip Companies announced that interviews featuring Rail Vision Ltd. (RVSN), Aridis Pharmaceuticals, Inc. (ARDS), and Digital Ally, Inc. (DGLY) will be aired on The RedChip Money Report on Bloomberg TV on February 18, 2023, at 7 p.m. ET. This program reaches approximately 73 million homes across the U.S., offering significant exposure for the companies involved. Rail Vision aims to enhance railway safety and efficiency through AI technology, while Aridis focuses on developing innovative anti-infectives. Digital Ally engages in video solutions and health protection products, expanding its business through strategic acquisitions.
Digital Ally, through its subsidiary Shield Products, has announced the continuation of its Certified Clean Program in partnership with Goodcents restaurants. This initiative will implement non-contact temperature checks and enhance cleaning protocols using Shield Disinfectant Sanitizer. The program aims to ensure the safety of employees and customers, reflecting a commitment to cleanliness. Additionally, a strategic alliance with Trust Think Products has been formed to further promote health safety through natural solutions. Shield's products are made in the U.S. and are safe for food preparation areas.
Digital Ally (NASDAQ: DGLY) announced a 1-for-20 reverse stock split, effective February 8, 2023. The decision followed stockholder approval during the annual meeting on December 7, 2022. The company's Board of Directors finalized the split on January 13, 2023. This move aims to enhance the stock's marketability and regain compliance with NASDAQ listing standards. Shareholders will receive instructions for exchanging stock certificates, while those holding shares in brokerage accounts will not need to take action. The new CUSIP number for the split-adjusted stock is 25382T200.
Digital Ally, Inc. (NASDAQ:DGLY) will feature in an upcoming interview on The RedChip Money Report airing on Bloomberg TV on February 4, at 7 p.m. ET. CEO Stan Ross will discuss significant business developments, including an impressive 83% year-over-year revenue increase and recent acquisitions that are driving growth. The interview highlights strategic partnerships enhancing market presence.
Bloomberg TV reaches approximately 73 million households across the U.S., providing a broad platform for Digital Ally to showcase its advancements in video recording and safety products aimed at law enforcement and emergency management.
Digital Ally (NASDAQ: DGLY) announced on January 24, 2023, that it has secured an order from Cherokee County, Kansas, for upgraded body-worn and in-car camera systems, including the FirstVu Pro and EVO HD. This acquisition is facilitated through Digital Ally’s five-year subscription program. The FirstVu PRO features include live GPS tracking, remote activation, a full-color touchscreen, and robust video capabilities. The demand for the FirstVu PRO has been strong since its launch in Q1 2022, with over 200 subscription agreements established since early 2020.
Digital Ally, Inc. (NASDAQ:DGLY) will be featured on The RedChip Money Report airing on Bloomberg TV on January 21, 2023, at 7 p.m. ET. The interview will highlight the Company’s roll-up strategy, subscription model for recurring revenue, and partnership with NASCAR, alongside a planned product line expansion for 2023. This segment reaches approximately 73 million homes across the U.S. Digital Ally engages in video solution technology and healthcare revenue cycle management, aiming for growth through strategic acquisitions. For more details, view the full interview here.
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