Surrey, British Columbia, Oct. 25, 2018 (GLOBE NEWSWIRE) -- DSG GLOBAL INC. (DSGT), the world's leading provider of the patented GPS Golf TAG Management System and on-course media system, announces the appointment of Joseph Gunnar & Co., LLC as an Exclusive Financial Advisor and Investment Banker for the Company.
A leading Wall Street investment banking and securities boutique, Joseph Gunnar & Co. will be providing the Company with financial advisory services, in particular relating to evaluating financing options. Additionally, Joseph Gunnar & Co. will also focus on assisting the Company in creating and executing new strategies for maximizing shareholder value, through its full scope of investment banking services. The Company does not have a defined timeline for a financing and cannot provide any assurance whether or when a financing will be announced or consummated.
Bob Silzer, CEO of DSG Global Inc. stated, "We are very pleased to have engaged Joseph Gunnar & Co. as the Company's exclusive investment bank. Joseph Gunnar has a long history of assisting public companies raise additional growth capital. A financing, if consummated, will allow the Company to significantly accelerate our growth plans."
About Joseph Gunnar & Co., LLC Joseph Gunnar & Co., LLC is a full service broker-dealer and investment bank headquartered next to the NYSE in NYC. Its Capital Markets Group is dedicated to facilitating micro-cap company IPOs, secondary public offerings, PIPEs, up listings and advisory services. For more information visit https://www.josephgunnar.com/
About DSG Global Inc.
DSG Global Inc. manufactures and markets a range of proprietary technology solutions specifically tailored to golf course operations. Learn more about DSGT at http://www.dsgtag.com.
DSG Global Inc. (DSGT) provides patented electronic tracking systems and fleet management solutions to golf courses that allow for remote management of the course's fleet of golf carts, turf equipment and utility vehicles. Its clients use DSGT's unique technology to significantly reduce operational costs, increase safety, and enhance customer satisfaction. DSGT has grown to become a leader in the category of Fleet Management in the golf industry, with their technology installed in over 15,000 vehicles on more than 250 courses worldwide. DSGT is aggressively branching into several new streams of revenue, through programmatic advertising, licensing and distribution. DSGT is also expanding into Commercial Fleet Management, Single rider golf cars, 100E Fully Loaded Mullen Golf Cars (2 and 4 seaters) and Agricultural applications.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements in this press release includes, statements relating to the Company's corporate finance and other strategic initiatives, and the Company's expansion into markets outside of the golf industry. Forward-looking statements are inherently subject to risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, including, without limitation, the following: the timing and nature of any capital raising transactions; our ability to offer products and services for use by customers in new markets outside of the golf industry; the risk of competition; our ability to find, recruit and retain personnel with knowledge and experience in selling products and services in these new markets; our ability to manage growth; and general market, economic and business conditions. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Current Report on Form 8-K filed with the Securities and Exchange Commission on May 12, 2015. Forward-looking statements are made as of the date of this release, and we expressly disclaim any obligation or undertaking to update forward-looking statements.