DSG Global Inc. and Imperium Motor Company Experience Successful Twelve Days at LA Auto Show with Strong Sales and Media Recognition

Rhea-AI Summary

DSG Global (OTCQB: DSGT) and Imperium Motor Company have successfully concluded their participation in the LA Auto Show, showcasing a significant range of Electric Vehicles (EVs). Imperium's diverse EV display attracted considerable attention, highlighting their expanding partnerships across various industries.

Media coverage has surged, particularly from influencer Sandy Munro, who endorsed the showcased vehicles. CEO Rick Curtis emphasized the transformative impact of the event, stating expectations for increased vehicle production and sales in the coming weeks.

Positive

• Successfully completed participation in the LA Auto Show, generating significant interest.
• Established multiple partnerships in the EV and golf sectors, enhancing revenue diversification.
• Gained substantial media exposure through influencer endorsements, particularly from Sandy Munro.
• CEO highlights expectations for increased production and sales growth in the coming weeks.

Negative

• None.

SURREY, British Columbia, Dec. 01, 2021 (GLOBE NEWSWIRE) -- DSG Global, Inc. (OTCQB: DSGT) ("DSGT" or the "Company") and Imperium Motor Company are pleased to announce the completion of a much anticipated LA Auto Show. Despite the exhibitors at the show including large companies and many non-electric vehicles, Imperium has generated a significant amount of interest with one of the largest and most diverse displays of Electric Vehicles at the show.

The company has signed several partnerships and Memorandums of Understanding for a variety of industries in the EV and golf industry. Great representation with the LSV and HSV display that will allow the company to continue to diversify its revenue streams.

Lastly, the company has received tremendous media exposure. Sandy Munro held two podcasts showcasing some Chinese-made electric vehicles on live podcasts featuring pictures and descriptions of the SEV, Terra Truck and the American made INDI One Electric Vehicle, combined with him expressing excitement about the vehicles. Shortly, he will do a full tear down and evaluation of the SEV. Sandy Munro and his podcast “Munro Live” generates a sizable audience and Sandy was recently named one of the top influencers in the automotive electric vehicle realm.

“The excitement and relationships developed at this show have been transformational for our company. We will continue to build on the success of our first major auto show and are garnering attention from many sources. We expect to unveil several exciting new developments during the next few weeks as we move to larger scale production of our vehicles with expected sales to escalate quickly. The excitement generated not only by our SEV, but also by our other vehicles including e-bikes and the newly announced worldwide distribution rights to the Shelby Golf Carts, is better than anticipated,” said Rick Curtis, CEO of Imperium Motor Corp.

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 2022 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:

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 significance of DSG Global's participation in the LA Auto Show?

DSG Global's participation in the LA Auto Show was significant as it showcased their diverse range of Electric Vehicles, generating substantial interest and media exposure, which could enhance their market presence.

What partnerships has DSG Global formed recently?

DSG Global has signed several partnerships and Memorandums of Understanding across various industries, particularly in the electric vehicle and golf sectors, aiding in revenue diversification.

Who is Sandy Munro and why is he important for DSG Global?

Sandy Munro is a notable automotive industry influencer who provided media exposure for DSG Global's vehicles, which is crucial for attracting potential buyers and investors.

What are the expectations for DSG Global's vehicle production in the coming weeks?

DSG Global expects to unveil several new developments and escalate vehicle production and sales quickly following their successful presence at the LA Auto Show.