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DSG Global’s Electric Vehicle Division Imperium Motor Company Will Have Major Presence at LA Auto Show

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DSG Global, Inc. (OTCQB: DSGT) announced that Imperium Motor Company will showcase several electric vehicles at the LA Auto Show from November 19 to 28, 2021. The highlight is the flagship SEV, available in three models starting at $33,990, with deliveries expected in spring 2022. Other vehicles include the Imperium Terra Truck, TradePro vans, and Skywell buses. CEO Rick Curtis expressed optimism for the event, expecting high public engagement and rapid growth in deposits and dealer applications, positioning Imperium as a competitive player in the electric vehicle market.

Positive
  • Introduction of multiple electric vehicle models at a major event.
  • Flagship SEV offered at an accessible base price of $33,990.
  • Expected growth in deposits and dealer applications.
  • CEO's positive outlook on increasing public engagement and ramping production.
Negative
  • None.

SURREY, British Columbia, Nov. 10, 2021 (GLOBE NEWSWIRE) -- DSG Global, Inc. (OTCQB: DSGT) ("DSGT" or the "Company") is pleased to announce that Imperium Motor Company will showcase multiple vehicles at the upcoming LA Auto Show taking place from November 19 – November 28.

The vehicles will be on display both inside and outside the venue.

The flagship SEV can be viewed and examined by the public. Available in three different models, The Comfort Model, The Premium Model, and the Limited Model with base MSRP pricing as low as $33,990.00 for the Comfort Model. Deposits can be placed, and deliveries are expected to begin in the spring of 2022.

Additionally, the company will also be unveiling several other vehicle models at the show. This will include the Imperium Terra Truck, the Imperium TradePro Cargo and Passenger Vans, the Skywell 12-meter Bus and the Jonway T-3 Truck and Vans.

Also available for viewing will be the Jonway Urbee (multiple models), the Jonway Alex One and Y-1 Scooters and Rover E-Bikes.

“This is among the largest automotive events in the world and will allow us to interface with many of the hundreds of thousands of attendees, members of the media, industry influencers and car buyers in a relatively short period of time. Our expectations for this show are high as we have been preparing for this show for several months and life begins to get back to normal after the difficult times everyone has experienced with the coronavirus pandemic. This show is far larger than prior Canadian automotive shows where we have already had success. Imperium’s introduction to the Electric Vehicle Industry could not have come at a better time. We are preparing to ramp production and deposits on orders are increasing rapidly, and our dealer applicants are growing by the day. This is an exciting time for our company and feel Imperium will be viewed as an affordable alternative fuel vehicle provider in this market. Over the next several years, we will do our part to help with the conversion to Clean Energy Vehicles in North America,” stated CEO, Rick Curtis, Imperium Motor Company.

About the Los Angeles Auto Show (LA Auto Show®)

Founded in 1907, the Los Angeles Auto Show (LA Auto Show®), is one of the most influential and best-attended auto shows globally and spans more than 1,000,000 square feet. Each fall, show creator ANSA Productions gathers the who’s who of the auto industry to unveil the future of mobility in the car culture capital of the world.

Delivering worldwide media exposure, global industry networking and experiential marketing, Automobility LA (formerly Press and Trade Days) draws more than 26,500 auto industry decision makers and influencers including 4,400 media from more than 58 countries. It brings together the entire eco-system driving the convergence of technology and the automobile.

Following Automobility LA, the show opens its doors to the public for the LA Auto Show where hundreds of thousands of qualified car shoppers and auto fans come together for ten exciting days in the nation’s largest car buying market.

About Imperium Motor Corp.

Imperium Motor Corp. (IMC) is an EV sales, manufacturer 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 last 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' 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 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

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: successful completion of due diligence, satisfaction of conditions, and completion of the proposed transaction with MTG, INC. 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 will DSGT showcase at the LA Auto Show?

DSGT will showcase multiple electric vehicles, including the flagship SEV and other models such as trucks and vans.

When is the LA Auto Show featuring DSGT?

The LA Auto Show will take place from November 19 to 28, 2021.

What is the starting price for the SEV from DSGT?

The starting price for the Comfort Model of the SEV is $33,990.

When are deliveries expected for the SEV?

Deliveries for the SEV are expected to begin in the spring of 2022.

What is DSGT's outlook for the electric vehicle market?

DSGT's CEO expects strong engagement at the LA Auto Show and growth in orders and dealer applications.

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