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Technology Stocks : Digital Ally Inc. - DGLY
DGLY 1.635-3.8%11:37 AM EST
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From: David Alan Cook10/27/2011 7:40:47 AM
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Part 2


"While the U.S. and global economic environments remain soft, and a significant number of budget-constrained law enforcement agencies are unable to deploy new equipment across their entire vehicle fleets, we are optimistic that Digital Ally's operating performance can improve in this year's fourth quarter and in 2012," continued Ross. "With inventories of higher-cost products much lower than a year ago, a transition to lower-cost components provided by our outsourcing partners now underway, and an improving sales mix as higher-margin new products gain traction in the marketplace, we continue to target improvements in gross profit margins over the next few quarters."

"We are confident that the significant investments we have made in developing new products during the past two years will pay healthy dividends in the future. With the recent introductions of our new DVM-100 and DVM-400 systems, we can now provide law enforcement agencies one of the broadest selections of in-car video product features and price points. Completion of the DVM series allows Digital Ally to serve the needs of virtually any size law enforcement agency, ranging from budget-constrained small-town police departments to large metropolitan, federal and/or state agencies. Digital Ally also introduced its new OnCommand IS-1 Laptop/MDC Interface Software and its LIDARCam and DragonCAM extensions to the Company's LIDAR speed enforcement product line at last week's IACP Conference in Chicago."
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