Tuesday, March 06, 2018 12:31:38 PM
Press Release | 03/06/2018
Several Hundred Additional Golf Courses Have Shown Serious Interest
Surrey, British Columbia, March 06, 2018 (GLOBE NEWSWIRE) -- DSG Global, Inc. (Stock Symbol:DSGT) recently showcased its fleet management products to PGA Professionals, superintendents, owners, technicians and other golf facility professionals at the 2018 PGA Show in Orlando and the GIS Show in San Antonio Texas.
The company introduced several new state-of- the-art products. Among those generating strong interest were the 12" INFINITY HIGH DEFINITION display solution and its single rider golf cart, Fairway Rider G3.
The waterproof 12” INFINITY display solution is the brightest and most reliable display ever produced by DSG. It comes with Bluetooth technology for wireless streaming of video, audio, sports scores, stock market ticker, the industry’s most realistic 3D flyovers, two speeds, a wide-angle camera, dual speakers and credit card tap.
This Eco Friendly Foldable Fairway Rider G3 (FRG3) single rider cart can deal with hilly terrain and can complete multiple rounds of golf off a single charge. The front and rear shock absorbers, adjustable suspension and ultra-wide tires provide extra comfort.
For more information on the cart and its direct investment program, please visit: www.dsgtag.com or call 604.762.2825
“We are in the process of finalizing mass production and delivery for both products. These shows were even more successful than last year, resulting in a significant backlog for the company. This revenue stream will commence as units start being delivered next month,” commented Patrick Parenti, SVP DSG Global.
About DSG Global Inc.
DSG Global Inc. (DSGT) is one of the new breed of Software-as-a-Service (SaaS) companies that are dominating the IT industry. DSGT provides electronic tracking systems fleet management solutions and mobile digital data for players. Our clients are using DSGT’s patented technology to significantly reduce costs, increase safety and enhance customer satisfaction. DSGT has historically focused on the golf industry, where golf course operators manage their fleet of golf carts, turf equipment, and utility vehicles remotely using DSGT’s SaaS Technology. DSGT is now addressing the PACE OF PLAY problems that exist on golf courses today and introducing the NEW ELECTRIC SINGLE FAIRWAY RIDER G3 to the golf industry. The new Fairway Rider G3 will be equipped with the patented DSG TAG for tracking and the new 7” INFINITY LITE. DSGT is also aggressively branching into several revenue streams, through programmatic advertising, licensing, distribution, commercial fleet management and agricultural applications.
www.dsgtag.com
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements. Forward looking statements in this press release include 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; our ability to enter into contracts with golf courses for the Fairway Rider G3 or any revenue that may be generated therefrom; 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 filings with the Securities and Exchange Commission. 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.
Contact:
For information, please contact:
Investor Relations
Chesapeake Group
410.825.3930
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