Digital Ally Inc. - DGLY Message Board

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Technology Stocks : Digital Ally Inc. - DGLY

DGLY 1.770

-0.6%

Oct 31 9:30 AM EDT

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From: 2MAR$

8/28/2014 9:02:31 AM

of 554

Digital Ally received an order valued at more than $1.1M from the State of Michigan. The company was originally awarded a three-year contract with the State of Michigan that, in addition to the State Police, allows any state, municipal or county agency to purchase Digital Ally's products without requiring competitive bid. The one-year extension brought the full value of the Michigan State Police contract to $4.5M. The value of the total contract awarded to Digital Ally now approximates $6.5M, which includes the original three-year contract plus the two extensions that are now in effect. The company has received its first purchase order, which is valued at over $1.1M, under this newly extended contract. This order is expected to ship in the quarter ending September 30.

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