American Medical Response Awards Digital Ally the Largest Commercial Order in its History
January 30 2017 - 7:30AM
Marketwired
American Medical Response Awards Digital Ally the Largest
Commercial Order in its History
Three-Year Deployment Plan includes 6,500 DVM-250 in-car event
recorder systems and three years of FleetVu Manager cloud storage
services
LENEXA, KS-(Marketwired - Jan 30, 2017) - Digital Ally, Inc.
(NASDAQ: DGLY) ("Digital or the "Company"), which develops,
manufactures and markets advanced video surveillance products for
law enforcement, homeland security and commercial applications,
today announced its largest commercial order ever received for the
sale and installation of DVM-250 event recorder video systems to
American Medical Response ("AMR") and ongoing FleetVu Manager cloud
storage services. AMR's initial order for deployment during 2017
includes approximately 1,550 three-camera DVM-250 systems,
installation and cloud storage services, representing 2017 revenues
approximating $2 million. Shipments will begin immediately.
AMR is one of the largest providers of emergency medical
transportation and other industry services in the United States.
The initial order involves fleet vehicles for emergency medical
transportation. AMR plans to deploy DVM-250 event recorders and in
its full fleet of 6,500-plus vehicles during 2018 and 2019, which
would increase the potential total contract value to over $8.3
million during the three-year deployment period.
"We are pleased to see continued growth in Digital Ally's
commercial fleet solutions at the start of 2017 and are proud to be
selected by AMR for this important full-fleet deployment," said
Stan Ross, Chief Executive Officer of Digital Ally, Inc. "We have
begun to see the Company's service revenue strategy come to
fruition as we secure commercial contracts for the DVM-250 systems,
as well as for our FleetVu Manager cloud services that provide a
recurring revenue stream," explained Ross. "This order demonstrates
the importance of our solution to commercial fleets generally and
more specifically to emergency medical/ambulance transportation
services. Our system provides fleet managers audio/video equipment
to easily monitor driver behavior and mitigate liabilities during
patient transportation," Ross continued. "In addition to our
standard top of the line DVM-250 event recorder systems, AMR will
use sensor monitoring to generate a recording when the vehicle's
back doors open and close. In some instances, AMR also took
advantage of various innovative product upgrades, such as a fourth
camera angle, audible driver feedback and asset tracking. Our
product's versatility and the ability to offer features such as
these are among the reasons more vehicle fleets are choosing
Digital Ally as their audio/video provider," Ross concluded.
FleetVu Manager adds powerful real-time asset tracking,
automated alerts and telematics capabilities for our customers.
Software options include live asset tracking and mapping, posted
speed violations and customizable real-time alerts such as idle
time, collisions, geo fences and speeding. FleetVu Cloud enables
agency managers to easily monitor their fleet of vehicles and
driver performance. Users can store and manage video, update
firmware and wireless configurations while using features such as
mapping, reporting and creating driver score cards. FleetVu mobile
allows drivers to perform pre- and post-inspections of the vehicle.
It instantly sends alerts via SMS or email to fleet managers if
there is a breakdown, maintenance request or any issue with that
vehicle. As a result, the system may be instrumental in reducing
accidents, fraud and litigation risks.
About Digital Ally, Inc.
Digital Ally, Inc. develops, manufactures and markets advanced
technology products for law enforcement, homeland security and
commercial applications. The Company's primary focus is digital
video imaging and storage. The Company is headquartered in Lenexa,
Kansas, and its shares are traded on The Nasdaq Capital Market
under the symbol "DGLY." For additional news and information please
visit www.digitalallyinc.com or follow us on Twitter
@digitalallyinc and Facebook www.facebook.com/DigitalAllyInc
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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 AMR will fully implement its three-year
plan to equip its vehicles with the Company's DVM-250 products and
utilize related services; whether a growing number of commercial
customers will choose the Company as their provider; competition
from larger, more established companies with far greater economic
and human resources; the effect of changing economic conditions;
and changes in government regulations 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-K for the
year ended December 31, 2015 and quarterly report on Form 10-Q for
the three and nine months ended September 30, 2016, as filed with
the Securities and Exchange Commission.
For Additional Information, Please Contact: Stanton E. Ross CEO
(913) 814-7774 or Thomas J. Heckman CFO (913) 814-7774
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