Order includes FleetVu cloud-based driver monitoring and management which is major component of zTrip’s overall passenger/driver safety initiative
LENEXA, Kansas, May 14, 2018 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial applications, announced that it has received an order from Kansas City based zTrip, Inc. (“zTrip”) to connect approximately 450 deployed DVM-250 Video Event Recorders to the FleetVu cloud-based driver monitoring and management platform. This order represents the initial stage of zTrip’s overall passenger/driver safety strategy which addresses safety concerns of both passengers and drivers. This order demonstrates zTrip’s commitment to new technology that will set it apart from other ride-share and taxi services by providing audio/video recordings of passenger/driver interactions and events. Significantly, zTrip has designated the DVM-250 as the preferred Video Event Recorder for its nationwide fleet of more than 5,000 vehicles.
The order upgrades zTrip’s deployed fleet of 450 DVM-250 event recorders to include the FleetVu Manager cloud-connectivity services. Our DVM-250 “event recorder” provides the security and accountability of providing audio/video recordings of driver/passenger interactions and related events. Our FleetVu Manager cloud-based service adds powerful real-time options to include asset tracking and mapping, customizable real-time alerts, such as, collisions, geo fences and speeding. FleetVu Cloud enables agency managers to easily monitor their fleet of vehicles and driver performance. Users can store and manage video, remotely update firmware and wireless configurations while using features such as mapping, reporting and creating driver score cards. FleetVu mobile allows drivers to perform pre- and post-inspections of the vehicle. It instantly sends alerts via SMS or email to fleet managers if there is a breakdown, maintenance request or any issue with that vehicle. As a result, the system may be instrumental in reducing accidents, fraud and litigation risks.
zTrip was founded in Kansas City in 2016 and now offers taxi and rideshare services in 18 U.S. cities. zTrip expects to end 2018 with operations in more than 30 U.S. cities, and affiliates in more than 16 international cities.
zTrip CEO Bill George said, “Digital Ally has been a good partner, and we're looking forward to a significant expansion of our long-term relationship. We believe our passengers and drivers recognize our serious commitment to an overall safety strategy, one that others in our industry talk about but do not make significant investments in the underlying technology to provide the safety that drivers and passengers want.” Our passengers and drivers can be assured that their safety is our number one priority and with the adoption of the FleetVu cloud-based manager we are taking substantial steps to demonstrate the same,” concluded George.
“Our immediate objective is to demonstrate the value of our FleetVu cloud based platform to support zTrip’s passenger/driver safety initiative as we provide event recording solutions to the 450-plus vehicles that comprise zTrip’s fleet in the Kansas City area, and thus we view this expansion to activate our FleetVu system as a ‘first step’ in an expanding relationship with a regional leader in public and private transportation. In addition, we look forward to expanding our relationship to include all zTrip cities, with over 5,000 vehicles in the United States,” stated Stanton E. Ross, Chief Executive Officer of Digital Ally, Inc.
About Digital Ally, Inc.
Digital Ally, Inc. develops, manufactures and markets advanced technology products for law enforcement, homeland security and commercial applications. The Company's primary focus is digital video imaging and storage. The Company is headquartered in Lenexa, Kansas, and its shares are traded on The Nasdaq Capital Market under the symbol "DGLY."
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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 extent and timing of the expansion of the zTrip relationship with the Company; competition from larger, more established companies with far greater economic and human resources; its ability to attract and retain customers and quality employees; the effect of changing economic conditions; and changes in government regulations, tax rates and similar matters. These cautionary statements should not be construed as exhaustive or as any admission as to the adequacy of the Company’s disclosures. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “projects”, “should”, or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. The Company does not undertake to publicly update or revise forward-looking statements, whether because of new information, future events or otherwise. Additional information respecting factors that could materially affect the Company and its operations are contained in its annual report on Form 10-K for the year ended December 31, 2017.
For Additional Information, Please Contact:
Stanton E. Ross, CEO, at (913) 814-7774 or
Thomas J. Heckman, CFO, at (913) 814-7774