OVERLAND PARK, Kan. , May 1 /PRNewswire-FirstCall/ -- Digital Ally, Inc. (Nasdaq: DGLY), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial security applications, announced at its Annual Meeting of Shareholders earlier today the introduction of its new DVM-250 Pro, the first in a series of professional-quality event recorders being developed for the transportation Industry.
Event recorders, such as the DVM-250 Pro, automatically record and store audio from inside and video from both inside and outside of vehicles. Thus, in the case of an abrupt change in acceleration, such as during a wreck, sudden stop, or other violent maneuver, the event is automatically recorded. To ensure that the cause of the event is captured on video, the DVM-250 Pro constantly records a 30-second loop. Thus, the recorder captures activities inside and outside the vehicle for 30 seconds prior to a triggering event, as well as during and after the event. Digital Ally has leveraged its law enforcement experience in development of the DVM-250 Pro. Unlike "consumer spec" models, the DVM-250 Pro provides inputs for external triggers and sensors, better video, accurate timing of recorded data, and other professional level enhancements.
Digital Ally, Inc., a leader in digital video technology that commercially introduced the successful DVM-500 In-Car Digital Rearview Mirror System into the law enforcement market in early 2006, has utilized the same design philosophy and technology for the transportation industry. The DVM-250 Pro is completely integrated into a rearview mirror and can therefore be easily installed in any type of vehicle by simply removing the existing mirror and installing the DVM-250 Pro in its place. This allows the DVM-250 Pro to be integrated with modern vehicle interiors without taking up space that might cause a hazard or detracting from the desired atmosphere inside the vehicle.
"Event recorders are used by companies with vehicle fleets in a number of different industries, including taxicab, bus, limousine, and motor coach operators; utility, telecommunication, package delivery, and distribution companies; government agencies; and even personal vehicles," noted Stanton E. Ross , Chief Executive Officer of Digital Ally, Inc. "Uses of such recorders include driver training, personal protection and monitoring, protection against liability and workman's compensation claims, and personal documentation of events. In the aggregate, we believe the market for event recorders in the transportation industry is larger than the law enforcement market that we have targeted so successfully with our DVM-500. We anticipate that Digital Ally will begin delivering DVM-250 Pro systems to customers in the third quarter of 2008."
On April 30, 2008 , the Company hosted an investor conference call to
discuss its first quarter operating results and other topics. During the
call, the Company reaffirmed its previous guidance that revenue should
About Digital Ally, Inc.
Digital Ally, Inc. develops, manufactures and markets advanced technology products for law enforcement, homeland security and commercial security applications. The Company's primary focus involves Digital Video Imaging and Storage. For additional information, visit http://www.digitalallyinc.com
The Company is headquartered in Overland Park, Kansas , and its shares are traded on The Nasdaq Capital Market 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 have all of
its new product offerings perform as planned or advertised; whether there will
be a commercial market, domestically and internationally, for one or more of
its new products, including the DVM-250 Pro; its ability to commercialize its
products and production processes, including increasing its production
capabilities to satisfy orders in a cost-effective manner; its ability to
continue to increase revenue and profits, including the achievement of
SOURCE Digital Ally, Inc.