News - Contract Award
News released this am:
Digital Ally Receives DVM-750 Reorder From State Highway Patrol
Three Major Sheriff's Departments in Southeastern U.S. Purchase Digital Ally DVM's
Press Release Source: Digital Ally, Inc. On Friday September 24, 2010, 7:28 am
OVERLAND PARK, KS--(Marketwire - 09/24/10) - 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 reorder from one of its State Highway Patrol customers totaling over $320,000 for DVM-750 In-Car Digital Video Systems. This represents the second reorder from this department, which is expected to install DVM-750's in its total fleet of highway patrol vehicles in the future.
The Company also announced that two major Sheriff's departments in the Southeastern U.S. have placed initial orders for DVM-750 systems, while another Sheriff's department in that region has placed its third reorder, consistent with its plan to install a DVM system in each of its patrol cars.
All of these orders, which will generate almost $1 million in revenue for the Company, are expected to be shipped late in the third quarter or early in the fourth quarter of 2010, in accordance with installation and training schedules within the respective departments.
"This is great news from major domestic law enforcement agencies, a growing number of which have adopted our DVMs as their exclusive in-car video system for new vehicles and upgrades to their existing fleet of vehicles," stated Stanton E. Ross, the Company's Chief Executive Officer. "We continue to expand our base of new customers, while maintaining a strong pipeline of reorders from existing customers, as satisfaction with the performance of our DVM systems gains recognition throughout the law enforcement community. We believe our growing customer base sets the stage for further market penetration by our new products, including the First Vu wearable body camera and LaserAlly LIDAR speed detection system." |
