Published:
Arkansas Renews Statewide Contract With Digital Ally, Inc.
Arkansas Renews Statewide Contract With Digital Ally, Inc.
OVERLAND PARK, Kan., May 12 /PRNewswire-FirstCall/ -- Digital Ally, Inc.
(Nasdaq: DGLY), which develops, manufactures and markets advanced video
surveillance products for law enforcement, homeland security and commercial
security applications, today announced that theState of Arkansas has renewed
its statewide contract with the Company for another year, through June 5,
2009.
The Company also announced that it has received its fourth order from the
Arkansas State Police for an additional 45 DVM-500 In-Car Digital Rearview
Mirror Systems. The State Police placed its initial order for 38 DVM-500
systems in June 2007. This was followed by re-orders for an additional 32
systems in July 2007 and 24 systems in August 2007. With the latest re-order,
theArkansas State Police has purchased a total of 139 DVM-500 systems.
"The renewal of theArkansas contract illustrates the manner in which many
of our customers submit follow-on orders after their law enforcement officers
have an opportunity to work with the DVM-500 systems in the field," stated
Stanton E. Ross, Chief Executive Officer of Digital Ally, Inc.
"In addition to the 45 new DVM-500 systems that were ordered at the time
of contract renewal, theArkansas State Police has submitted a purchase order
for seven (7) DVF-500 Digital Flashlight Systems for testing by its special
Criminal Patrol Division. The DVF-500 extends the ability of law enforcement
officers to document criminal activities and evidence discovery through video
and audio recording well beyond the location of their vehicles. We consider
the decision by theArkansas State Police to evaluate a number of DVF-500s a
very encouraging sign."
About Digital Ally, Inc.
Digital Ally, Inc. develops, manufactures and markets advanced technology
products for law enforcement, homeland security and commercial security
applications. The Company's primary focus is Digital Video Imaging and
Storage. For additional information, visit http://www.digitalallyinc.com
The Company is headquartered inOverland Park, Kansas, and its shares are
traded on The Nasdaq Capital Market under the symbol "DGLY".
This press release contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Act of 1934. These forward-looking statements are based largely on the
expectations or forecasts of future events, can be affected by inaccurate
assumptions, and are subject to various business risks and known and unknown
uncertainties, a number of which are beyond the control of management.
Therefore, actual results could differ materially from the forward-looking
statements contained in this press release. A wide variety of factors that may
cause actual results to differ from the forward-looking statements include,
but are not limited to, the following: whether, and the extent to which, the
Company may continue to obtain additional DVM-500 orders from theState of
Arkansas; the Company's ability to have its new product offerings perform as
planned or advertised; whether there will be a commercial market, domestically
and internationally, for one or more of its new products; its ability to
commercialize its products and production processes, including increasing its
production capabilities to satisfy orders in a cost-effective manner; its
ability to continue to increase revenue and profits; whether the Company will
be able to adapt its technology to new and different uses, including being
able to introduce new products; competition from larger, more established
companies with far greater economic and human resources; its ability to
attract and retain customers and quality employees; its ability to obtain
patent protection on any of its products and, if obtained, to defend such
intellectual property rights; the effect of changing economic conditions; and
changes in government regulations, tax rates and similar matters. These
cautionary statements should not be construed as exhaustive or as any
admission as to the adequacy of the Company's disclosures. The Company cannot
predict or determine after the fact what factors would cause actual results to
differ materially from those indicated by the forward-looking statements or
other statements. The reader should consider statements that include the words
"believes", "expects", "anticipates", "intends", "estimates", "plans",
"projects", "should", or other expressions that are predictions of or indicate
future events or trends, to be uncertain and forward-looking. The Company does
not undertake to publicly update or revise forward-looking statements, whether
as a result of new information, future events or otherwise. Additional
information respecting factors that could materially affect the Company and
its operations are contained in its annual report on Form 10-KSB filed with
the Securities and Exchange Commission.
For Additional Information, Please Contact:
Stanton E. Ross, CEO at (913) 814-7774
or
RJ Falkner & Company, Inc., Investor Relations Counsel at (800) 377-9893 or
via email at info@rjfalkner.com
SOURCE Digital Ally, Inc.
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Copyright © 2008, NewsBlaze,
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Tags: Computers and Electronics, , Aerospace and defense, Banking and Finance, High Tech, kansas
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