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DSG Global, Inc. and Imperium Motors Corp. announce shipping updates on Jonway LSV’s, Rover e-Bikes, Skywell Bus and Terra Truck Products

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DSG Global, Inc. (OTCQB: DSGT) has completed shipments of various vehicles to North America, highlighting their growing product offerings. Notable shipments include Jonway Trucks, Vans, LSV vehicles, and a Skywell 12 Meter Bus, expected to arrive in 3-4 weeks. The company has also prepared 150 Rover e-Bikes for delivery and has ordered an additional 150 units. Two Terra Trucks are also en route. This activity reflects the company’s operational momentum and commitment to expanding its electric vehicle presence in the market.

Positive
  • Completion of shipments of Jonway Trucks, Vans, and LSV vehicles to North America.
  • First Skywell 12 Meter Bus shipment expected in 3-4 weeks.
  • 150 Rover e-Bikes shipped with another 150 units ordered.
  • Both Terra Trucks completed and en route to the Experience Center.
Negative
  • None.

SURREY, British Columbia, April 13, 2021 (GLOBE NEWSWIRE) -- DSG Global, Inc. (OTCQB: DSGT) (“DSGT” or the “Company”) is pleased to announce it has completed several container loads of products destined to North America.

Our container load of Jonway Trucks, Vans and LSV vehicles has been completed and has been shipped and is on the water, destined to the port of Oakland, California for delivery to our Experience Center in Fairfield. We have also arranged shipment of our first Skywell 12 Meter Bus to arrive within the next 3-4 weeks. Additional sold T-01 Coupes destined to Ontario, Canada, and a container of Y-1 e-Mopeds for our Experience Center are both close to being completed and will be shipped within the next 30 days.

A 150-unit order of Rover e-Bikes has been completed and is getting packed for shipping and will be shipped to the port of Oakland to be delivered to the Experience Center in Fairfield. Another 150 Rover e-Bikes have been ordered and are in production.

Both of our Terra Trucks have been built and are port bound and will be delivered to the Port of Oakland and brought to our Fairfield Experience Center.

“This is a busy time at Imperium Motor Corp” stated Rick Curtis, President, Imperium Motors, “We have many orders en route or about to be shipped to our Experience Center or other desired locations in CA. We look forward to announcing further shipments as other sales are finalized.”

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.

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/

Company Contact:

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

Dave Gentry
RedChip Companies, Inc.
Phone: (407) 491-4498
dave@redchip.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 several 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 recent shipments has DSG Global (DSGT) completed?

DSG Global has completed shipments of Jonway Trucks, Vans, LSV vehicles, and Rover e-Bikes to North America.

When will the Skywell 12 Meter Bus arrive for DSG Global?

The Skywell 12 Meter Bus is expected to arrive within the next 3-4 weeks.

How many Rover e-Bikes has DSG Global ordered?

DSG Global has shipped 150 Rover e-Bikes and ordered an additional 150 units.

Where will the shipments be delivered?

The shipments are destined for the Experience Center in Fairfield, California.

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