DGLY

Digital Ally Announces Multi-Year Agreement with the Kansas City Chiefs

Retrieved on: 
Monday, April 8, 2024
Organization, Noise, Digital, Partnership, Arrowhead Stadium, Darkness, Law enforcement, Motion, Wind, EVO, Dust, Ecosystem, Super Bowl, DGLY, Kansas City Chiefs, Arrowhead, Video game

Lenexa, Kansas, April 08, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”), a leading provider of video solutions which develops, manufactures, and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety and event security, today announced the signing of a multi-year agreement with the Super Bowl Champion Kansas City Chiefs. The deployment includes 120 FirstVu PRO body cameras, two QuickVu 24-bay docking stations, as well as the utilization of Digital Ally’s EVO Web cloud platform.

Key Points: 
  • The deployment includes 120 FirstVu PRO body cameras, two QuickVu 24-bay docking stations, as well as the utilization of Digital Ally’s EVO Web cloud platform.
  • The continued partnership with Digital Ally underscores the commitment to employing cutting-edge technology to safeguard and enhance the safety and security of stadium staff and attendees during various events hosted at the facility.
  • As part of Digital Ally’s complete ecosystem of video solution products, the FirstVu PRO is compatible with the recently released QuickVu docking station.
  • Digital Ally’s QuickVu system provides a comprehensive and elegant solution for charging, reviewing and offloading video evidence to the cloud.

DIGITAL ALLY, INC ANNOUNCES 2023 OPERATING RESULTS

Retrieved on: 
Tuesday, April 2, 2024
Agreement, Social media, Health care, Sale, Business analyst, Closing, Note, Marketing, Moshing, Form, Heartland Stampede Music Festival, Prospectus, George M. Steinbrenner Field, Kustom, Plan, Country, News, Acquisition, Senior, Suite, Security, Brickell Avenue, Security agreement, Operating cost, EDT, Sub, The Borrowers, Finance Secretary (India), Traction, Music, ID, Patent, DGLY, Cryptocurrency

LENEXA, Kansas, April 02, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company” or “our”), today announced its operating results for fiscal year 2023.

Key Points: 
  • LENEXA, Kansas, April 02, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company” or “our”), today announced its operating results for fiscal year 2023.
  • Operating losses for the year ended December 31, 2023 and 2022 were $22,240,553 and $29,733,258, respectively, a decrease of $7,492,705 (25%).
  • Operating loss as a percentage of revenues improved to 78% in 2023 from 80% in 2022.
  • The Company will host an investor conference call at 11:15 a.m. EDT on Tuesday, April 2, 2023, to discuss its 2023 financial results, corporate and individual subsidiary outlook, and previously announced corporate separation.

KUSTOM ENTERTAINMENT LAUNCHES KUSTOM TICKETS PLATFORM

Retrieved on: 
Monday, March 18, 2024
Heartland Stampede Music Festival, Growth, Acquisition, DGLY, Marketing, Online shopping

KANSAS CITY, March 18, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) – Kustom Entertainment, Inc. (“Kustom Entertainment”), a premier live event marketing and concert production company and current subsidiary of Digital Ally Inc. (“Digital Ally”), proudly unveils Kustom Tickets, an advanced online ticketing platform designed to offer users a seamless and enjoyable ticket-buying experience. The newly launched platform, KustomTickets.com, sets itself apart with a user-friendly interface, visually stunning graphic design, an innovative and high-performance backend, and a commitment to transparency in pricing.

Key Points: 
  • KANSAS CITY, March 18, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) – Kustom Entertainment, Inc. (“Kustom Entertainment”), a premier live event marketing and concert production company and current subsidiary of Digital Ally Inc. (“Digital Ally”), proudly unveils Kustom Tickets, an advanced online ticketing platform designed to offer users a seamless and enjoyable ticket-buying experience.
  • This surge underscores the increasing demand for convenient and efficient ticketing solutions, a demand that Kustom Entertainment is poised to meet with its addition of this cutting-edge platform, Kustom Tickets.
  • Stan Ross, CEO of Kustom Entertainment, expressed his enthusiasm about the launch, stating, "Kustom Tickets is a testament to our commitment to providing exceptional experiences for our audience.
  • Along with the recent acquisition of the Country Stampede Music Festival, the launch of Kustom Tickets positions Kustom Entertainment for a tremendous 2024."

Digital Ally Announces Notable Contract with The Parking Spot

Retrieved on: 
Thursday, March 7, 2024
Senior, EVO, The Parking Spot, Intelligence, Airport, Digital, Parking space, Safety, GPS, Organization, Parking, Law enforcement, DGLY, Pedestrian

Lenexa, KS, March 07, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”), which develops, manufactures, and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety and event security, today announced a notable order for 405 EVO Fleets by The Parking Spot, the leading near-airport parking company in the United States with 47 locations at 28 major U.S. airports.

Key Points: 
  • This order reflects the growing demand for Digital Ally’s Commercial Fleet ecosystem, which also includes the FirstVu Pro body camera and FleetVu™ Manager cloud storage and software platform.
  • “We have been a client of Digital Ally for several years and we are looking forward to having their new EVO Fleet product installed in our vehicles,” said Kevin Richardson, Senior VP of Field Operations for the Parking Spot, adding, “Security for our guests and employees is at the forefront of our operations.
  • We continue to put our trust in Digital Ally to innovate their technology to fit our ongoing needs, and we count on their service team to optimize the dependability of our camera systems."
  • “We’re proud of our continued association with The Parking Spot,” said Brody Green, President of Digital Ally, adding, “The Parking Spot’s consistent commitment to passenger and driver safety is much of what makes it the premier parking and shuttle experience in the country.”
    Digital Ally’s newest fleet video system utilizes the latest innovations in telematics technology.

KUSTOM ENTERTAINMENT ACQUIRES PRESTIGIOUS COUNTRY STAMPEDE MUSIC FESTIVAL

Retrieved on: 
Tuesday, March 5, 2024
Name, Acquisition, Heartland Stampede Music Festival, Marketing, Culture, Tourism, Camping, Outdoor Channel, CMT, LeAnn Rimes, Television, Outdoor, Music, DGLY, Film industry

KANSAS CITY, March 05, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) – Kustom Entertainment, Inc. (“Kustom Entertainment”), a premier live event marketing and concert production company and current subsidiary of Digital Ally Inc. (“Digital Ally”) (Nasdaq: DGLY), is thrilled to announce the recent acquisition of the renowned Country Stampede Music Festival. This strategic move marks a significant milestone for Kustom Entertainment, solidifying its presence and influence in the entertainment industry.

Key Points: 
  • Growing entertainment company adds historic and impactful festival, as it gains momentum leading into 2024 festival season
    KANSAS CITY, March 05, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) – Kustom Entertainment, Inc. (“Kustom Entertainment”), a premier live event marketing and concert production company and current subsidiary of Digital Ally Inc. (“Digital Ally”) (Nasdaq: DGLY), is thrilled to announce the recent acquisition of the renowned Country Stampede Music Festival.
  • Established in 1996, the Country Stampede Music Festival is an annual three-day outdoor music and camping extravaganza that has become a cherished tradition, attracting country music enthusiasts from far and wide.
  • Television shows such as the CMT Top 20 Countdown, Ellen, and The Outdoor Channel have filmed and broadcast live from the Country Stampede Music Festival.
  • Expressing his excitement about the acquisition, Stan Ross, CEO of Kustom Entertainment, stated, "We are honored to carry on the tradition of Country Stampede Music Festival.

Digital Ally Announces University Security Order

Retrieved on: 
Wednesday, January 24, 2024
Student, University, Faculty, Ecosystem, Digital, Safety, DGLY, Law enforcement, Kansas State University, Public security, Mobile phone

Lenexa, KS , Jan. 24, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”), which develops, manufactures, and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety and event security, today announced a notable order for multiple FirstVu Pro body-worn cameras, EVO-HD in-car systems and QuickVu docking station to be deployed campus-wide by Kansas State University in Manhattan, Kansas.

Key Points: 
  • Lenexa, KS , Jan. 24, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”), which develops, manufactures, and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety and event security, today announced a notable order for multiple FirstVu Pro body-worn cameras, EVO-HD in-car systems and QuickVu docking station to be deployed campus-wide by Kansas State University in Manhattan, Kansas.
  • This order, along with a recent deployment by the University of Kansas, reflects the versatility of utilizing Digital Ally’s video solutions technology outside of traditional law enforcement applications, and the growing demand from university officials as they increasingly focus on campus security.
  • “We’ve been a customer of Digital Ally for many years,” said Ronnie Grice, Chief of Kansas State University’s Division of Public Safety, adding “We continue to trust Digital Ally’s innovative technology, dependability and service levels as we strive to enhance the safety and overall experience of students, faculty, staff and visitors.”
    “We’re proud to partner with Chief Grice in his division’s efforts to optimize safety and security on Kansas State University’s campus,” said Brody Green, President of Digital Ally, adding, “We appreciate the university’s long-time commitment to Digital Ally as we partner in keeping our communities safe.”
    The order comes on the heels of the Company announcing several notable law enforcement orders and patents, as well as the addition of its InterVu Room solution.
  • Digital Ally continues to demonstrate its commitment to innovation and a world-class video solutions ecosystem with the FirstVu Pro body-worn camera, EVO-HD in-car system, InterVu Room system, EVO Web and QuickVu docking stations.

Digital Ally Concludes 2023 With Over 110 New Subscription Customers During the Year

Retrieved on: 
Wednesday, January 3, 2024
Ecosystem, Law enforcement, Growth, DGLY, Music

LENEXA, KS, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”), which develops, manufactures, and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety and event security, today announced over 110 new subscription contracts were signed throughout 2023, a notable milestone that brings the Company’s total to exceed 300 contracts, continuing to display the strong demand for our FirstVu Pro body-worn cameras and EVO-HD in-car video solutions.

Key Points: 
  • The Company’s subscription model continues its momentum in 2023, bringing in over 110 new contracts, bringing the total to over 300 contracts since the adoption of this model in the middle of 2020.
  • The subscription model minimizes their upfront capital expenditure and allows flexibility for the customer based on their current financial situation, without having to sacrifice their urgency for video evidence technology.
  • “We’re thrilled to announce another great year, securing over 110 new contracts for the Company as we continue to stack these three- and five- year subscription plans and take a larger foothold throughout the marketplace.
  • Digital Ally continues to demonstrate its commitment to innovation and a world-class video solutions ecosystem with the FirstVu Pro body-worn camera, EVO-HD in-car system, InterVu Room system, EVO Web and QuickVu docking stations.

Digital Ally Announces Deferred Revenue Surpasses $10 Million Mark

Retrieved on: 
Thursday, December 14, 2023
Ecosystem, Law enforcement, Growth, DGLY

LENEXA, KS, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”), which develops, manufactures, and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety and event security, today announced a notable milestone with its deferred revenue balance exceeding $10 million for the first time in the Company’s history.

Key Points: 
  • The Company’s subscription payment plan continues to see strong demand for its FirstVu Pro body-worn cameras and EVO-HD in-car video solution.
  • LENEXA, KS, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”), which develops, manufactures, and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety and event security, today announced a notable milestone with its deferred revenue balance exceeding $10 million for the first time in the Company’s history.
  • The subscription model minimizes their upfront capital expenditure and allows flexibility for the customer based on their current financial situation, without having to sacrifice their urgency for video evidence technology.
  • Digital Ally continues to demonstrate its commitment to innovation and a world-class video solutions ecosystem with the FirstVu Pro body-worn camera, EVO-HD in-car system, InterVu Room system, EVO Web and QuickVu docking stations.

Kustom Entertainment Inc. and Clover Leaf Capital Corp. Amend the Lock-Up Agreement in their Proposed Business Combination

Retrieved on: 
Tuesday, December 12, 2023
Amend, Business analyst, Acquisition, Sport, DGLY, Amendment, Music

KANSAS CITY, KS and MIAMI, FL, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (“Digital Ally”) and Clover Leaf Capital Corp. (Nasdaq: CLOE) (“CLOE”), a publicly traded special purpose acquisition company (SPAC), and Kustom Entertainment, Inc. (“Kustom Entertainment”), a wholly-owned subsidiary of Digital Ally, today announced that CLOE and Kustom Entertainment have entered into an amendment to the Lock-Up Agreement (“Amended Lock-Up Agreement”) in connection with the proposed business combination (the “Business Combination”) between CLOE and Kustom Entertainment announced June 2, 2023.

Key Points: 
  • KANSAS CITY, KS and MIAMI, FL, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (“Digital Ally”) and Clover Leaf Capital Corp. (Nasdaq: CLOE) (“CLOE”), a publicly traded special purpose acquisition company (SPAC), and Kustom Entertainment, Inc. (“Kustom Entertainment”), a wholly-owned subsidiary of Digital Ally, today announced that CLOE and Kustom Entertainment have entered into an amendment to the Lock-Up Agreement (“Amended Lock-Up Agreement”) in connection with the proposed business combination (the “Business Combination”) between CLOE and Kustom Entertainment announced June 2, 2023.
  • The combined company will be known as Kustom Entertainment and will operate under the same management team as Kustom Entertainment, which is currently led by Stanton E. Ross, the current CEO of Digital Ally.
  • Kustom Entertainment is comprised of TicketSmarter, Inc. (“TicketSmarter”) and Kustom 440, Inc. (“Kustom 440”), both currently wholly owned subsidiaries.
  • Kustom 440 and TicketSmarter will use their existing sponsorships and sports property partnerships to develop alternative entertainment options for consumers.

KUSTOM ENTERTAINMENT NAMES ERIK DAHL CHIEF FINANCIAL OFFICER

Retrieved on: 
Monday, December 11, 2023
Momentum, Grant Thornton International, Marketing, Financial management, Accounting, Financial statement, CFO, Acquisition, Strategic planning, University, Certified Public Accountant, FP, Growth, Finance, DGLY, Management

KANSAS CITY, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) – Kustom Entertainment, Inc. (“Kustom Entertainment”), a premier live event marketing and concert production company and subsidiary of Digital Ally Inc. (“Digital Ally”) (Nasdaq: DGLY), has tapped Kansas City-native Erik Dahl as its new Chief Financial Officer (the “CFO”). The appointment, effective November 20, 2023, puts Mr. Dahl at the helm of Kustom Entertainment’s financial operations, including FP&A, strategy, accounting, procurement, tax, and human resources.

Key Points: 
  • KANSAS CITY, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) – Kustom Entertainment, Inc. (“Kustom Entertainment”), a premier live event marketing and concert production company and subsidiary of Digital Ally Inc. (“Digital Ally”) (Nasdaq: DGLY), has tapped Kansas City-native Erik Dahl as its new Chief Financial Officer (the “CFO”).
  • The appointment, effective November 20, 2023, puts Mr. Dahl at the helm of Kustom Entertainment’s financial operations, including FP&A, strategy, accounting, procurement, tax, and human resources.
  • "Erik’s experience, enthusiasm and agility make him a great addition to our leadership team," Kustom Entertainment CEO Stanton E. Ross said.
  • Mr. Dahl joins Kustom Entertainment from AVI Systems, Inc., where he served as Financial Reporting Manager.