Backlog Going into 3rd qtr:
1. $1.7M from South America
"We expect to receive payment soon and to commence shipments in accordance with delivery schedules on a previously announced order for DVM-750 systems that we received from a South American country."
2. $1M from domestic orders received but not shipped
"Finally, after locating a new source, supplies of wireless components have been replenished, allowing us to commence deliveries on an approximately $1 million domestic order backlog that was originally expected to ship during the second quarter of 2010"
3. New order received beginning of 3rd qtr - Wisconsin
OVERLAND PARK, KS--(Marketwire - 07/01/10) - Digital Ally, Inc. (NASDAQ:DGLY - News), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial security applications, today announced that it has received a re-order from the Wisconsin State Patrol for its DVM-500 Plus In-Car Digital Video Systems. The order, which is valued at approximately $750,000, represents the largest purchase to date from the State of Wisconsin.
New Sizeable Orders Expected in 3rd Qtr
"We also anticipate the receipt of a number of sizeable international and domestic orders during the course of the current quarter"
Record Revenue and Operating Income Projections
"Based on information currently available to us, we believe third quarter operating results will improve significantly from second quarter levels. We continue to expect record sales and operating income for the full year ending December 31, 2010," noted Ross." |
