For the six months ended June 30, 2007 , the Company's revenue totaled
The Company incurred non-cash stock compensation expense of
"In addition to the impressive sales growth and profitability achieved
during the first two quarters of 2007, our financial condition continues to
strengthen," added Ross. "Net cash provided by operating activities totaled
The Company will host an investor conference call at 11:00 a.m. Eastern Time today, August 6, 2007 , to discuss its second quarter operating results and the outlook for the balance of 2007. Shareholders and other interested parties may participate in the conference call by dialing 866-406-5369 (international/local participants dial 973-582-2847) and referencing the ID code 9091527, a few minutes before 11:00 a.m. EDT on August 6, 2007 . A replay of the conference call will be available two hours after completion of the conference call from August 6, 2007 until August 13, 2007 by dialing 877-519-4471 (international/local participants dial 973-341-3080) and entering the conference ID 9091527.
About Digital Ally, Inc.
Digital Ally, Inc. is involved in the development, manufacturing and marketing of advanced technology products for law enforcement, homeland security and commercial security applications. The Company's primary development focus involves the field of Digital Video Imaging and Storage. For additional information, visit http://www.digitalallyinc.com
The Company is headquartered in Leawood, Kansas, and its shares are traded on the OTC Bulletin Board under the symbol "DGLY".
This press release contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Act of 1934. These forward-looking statements are based largely on the
expectations or forecasts of future events, can be affected by inaccurate
assumptions, and are subject to various business risks and known and unknown
uncertainties, a number of which are beyond the control of management.
Therefore, actual results could differ materially from the forward-looking
statements contained in this press release. A wide variety of factors that
may cause actual results to differ from the forward-looking statements
include, but are not limited to, the following: the Company's ability to
raise sufficient capital to continue to implement its business plan; its
ability to have all of its product offerings perform as planned or advertised;
whether there will be a commercial market for one or more of its products; its
ability to commercialize its products and production processes, including
increasing its production capabilities to meet orders; its ability to increase
revenue to approximately