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DSG Global Announces Over $700K in New Sales for its Vantage Tag and INFINITY HD Systems

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DSG Global, Inc. (OTCQB: DSGT) announced the installation of its Vantage Tag system at nine golf clubs valued over $700K, set to be completed in the next 45 days. High-profile installations include the INFINITY HD 12” system at Farm Neck Golf Club and Wild March Golf Course. Recently, DSGT also extended contracts at Kedron Dells Golf Club and installed systems at Bayside Golf Club. The Vantage Tag system is recognized for its affordability and reliability, with installations at numerous prestigious courses globally.

Positive
  • Installation of Vantage Tag system at nine golf clubs valued over $700K.
  • High-profile clients include Farm Neck Golf Club, rated 4.5/5 by Golf Digest.
  • Continued demand for the INFINITY HD 12” system indicates strong market acceptance.
  • Recent contract extensions and installations reflect growing business momentum.
Negative
  • None.

SURREY, British Columbia, March 10, 2021 (GLOBE NEWSWIRE) -- DSG Global, Inc. (OTCQB: DSGT) ("DSGT" or the "Company") is pleased to announce the ongoing installations over the next 45 days of its Vantage Tag system including the INFINITY HD 12”, Tag Text and Tag Golf at nine leading golf clubs with recurring and hardware sales valued at more than $700K.

The company’s new INFINITY HD 12” systems to be installed included Farm Neck Golf Club on Martha’s Vineyard, which continually earns a 4.5 out of 5-star rating in Golf Digest’s “Places to Play,” and is considered by many to be one of the premiere golfing experiences in the Northeast, and Wild March Golf Course in Buffalo, Minnesota, one of the state’s top-rated public courses.

“We are honored to have our INFINITY HD 12” system selected by Farm Neck and other top courses,” said Patrick Parenti, VP of Global Sales for DSGT. “We offer a great value proposition to both course operators and players. Our Vantage Tag INFINITY system continues to be well received as the only fully integrated course management solution in the industry and we will continue to rollout enhancements and remain excited for the opportunity to address the growing demand.”

In addition to recent sales of its INFINITY system, DSGT is also completing the installation of its Vantage Tag system at two golf clubs, Bayside Golf Club, a world-class public course on Lake McConaughey in Nebraska, and a contract extension at Kedron Dells Golf Club in Oshawa Ontario, Canada.

The Vantage Tag Systems has become the product of choice for clubs demanding rugged, reliable, low-cost course management systems with installations in championship courses in California, Virginia, Florida, Arizona, and other states, as well as globally in Spain, Japan, Australia, New Zealand, and more.

About DSG Global

DSG Global is an emerging global technology company with an array of interconnecting businesses in some of the fastest growing market sectors. With roots in the golf industry in which it specializes in fleet management with patented analytics, mobile touch screen engagement and electric golf carts under the Vantage Tag Systems (VTS) brand, the company is moving quickly with road-ready electric vehicles for sale in the first quarter of 2021 through its Imperium Motor Company subsidiary.

About Vantage Tag Systems

Vantage Tag Systems (VTS) provides patented electronic tracking systems and fleet management solutions to golf courses and other avenues that allow for remote management of the course's fleet of golf carts, turf equipment and utility vehicles. Its clients use VTS's unique technology to significantly reduce operational costs, improve the efficiency plus profitability of their fleet operations, increase safety, and enhance customer satisfaction. VTS has grown to become a leader in the category of Fleet Management in the golf industry, with their technology installed in over vehicles worldwide. VTS is now branching into several new streams of revenue, through programmatic advertising, licensing, and distribution, as well as expanding into Commercial Fleet Management, PACER single rider golf carts, and Agricultural applications. Additional information is available at http://vantage-tag.com/

About Imperium Motor Company

Imperium Motor Company (IMC) is an EV sales and marketing company that offers a wide variety of affordable vehicles equipped for the North American market with emphasis on great design, a green mindset, performance, and functionality. Vehicles will include high speed, mid-speed, and low speed electric vehicles including cars, trucks, SUVs, vans, buses, and scooters. For additional information about Imperium Motors' product lines, please visit www.imperiummotorcompany.com.

Company Contact:

Dave Gentry
RedChip Companies, Inc.
Phone: (407) 491-4498
dave@redchip.com

Brokers and Analysts:
Chesapeake Group
+1-410-825-3930
info@chesapeakegp.com

Safe Harbor for Forward-Looking Statements

This news release contains forward-looking information. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking information may be identified by words such as "anticipated", "proposed", "expects", "intends", "may", "will", and similar expressions. Forward-looking information contained or referred to in this news release includes but is not limited to the Company's ability to secure manufacturing facilities and supply chains, the benefits the Company expects to derive from existing and planned products, and the Company's ability to achieve production and sales targets, generally.

Forward-looking statements or information are based on a number of factors and assumptions which have been used to develop such statements and information, but which may prove to be incorrect. Although the Company believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because the Company can give no assurance that such expectations will prove to be correct. Factors which could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: negative cash flow and future financing requirements to sustain operations, dilution, limited history of operations and revenues and no history of earnings or dividends, competition, economic changes, delays in the Company's expansion plans, regulatory changes, and the impact of and risks associated with the ongoing COVID-19 pandemic including the risk of disruption at the Company's facilities or in its supply and distribution channels. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company.

Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are described under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for the fiscal year 2020 and our subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, all filed with the Securities and Exchange Commission. 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. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.


FAQ

What is the value of DSGT's recent golf club installations?

The recent installations of DSGT's Vantage Tag system are valued at over $700K.

Which notable golf clubs are installing DSGT's INFINITY HD 12” system?

Notable golf clubs include Farm Neck Golf Club and Wild March Golf Course.

When will DSGT complete the installations of its Vantage Tag system?

The installations are expected to be completed in the next 45 days.

What are the benefits of the Vantage Tag system offered by DSGT?

The Vantage Tag system provides reliable, low-cost course management solutions to enhance operational efficiency.

How does DSGT's performance compare to competitors in the golf industry?

DSGT's Vantage Tag system is noted for being the only fully integrated course management solution in the industry.

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Scientific & Technical Instruments
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