DGLY $8.26 news from Briefing.com: 8:28 am Digital Ally awarded a 'sole-source' contract with the State of West Virginia to supply in-car video systems and related equipment to the state's highway patrol department (DGLY) :
Co announced that it has been awarded a "sole-source" contract with the State of West Virginia to supply in-car video systems and related equipment to the state's highway patrol department.
The initial one-year contract, which was effective December 15, 2013 and includes a provision for two one-year renewals, authorizes the purchase of Digital Ally's in-car video systems, particularly the DVM-750, for installation in state trooper vehicles. The West Virginia State Police, which includes over 600 sworn officers, operates and maintains an active fleet of over 500 cruisers throughout the state.
The co expects to receive a significant purchase order from West Virginia in the first quarter of 2014 for the initial deployment of DVM-750 units and anticipates that the state will attempt to deploy in-car video systems in its entire fleet of vehicles during 2014 and 2015.
Great volatility in this low float stock and recently in the mid teens!! GL all...tuna
