Digital Ally Appoints Gateway to Lead Strategic New Investor Relations Program
Lenexa, KS, May 04, 2022 (GLOBE NEWSWIRE) — Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”)engaged himself gateway group, Inc.a leading strategic financial communications and capital markets advisory firm to develop and manage its new strategic investor relations program.
Gateway is a strategic financial communications firm specializing in advising public and private companies across a wide range of industry classifications. Founded in 1999, Gateway provides high-level capital markets advice, corporate communications and investor outreach services.
“2021 was a successful and transformative year for Digital Ally, highlighted by the 104% increase in revenue we generated along with strong profitability,” said Chairman and CEO Stan Ross. “Our accretive acquisition of TicketSmarter®a national ticket market with nearly 50 million tickets for sale for more than 125,000 events, came at the right time as we saw attendance and ticket sales surpass pre-pandemic levels.
The acquisition of TicketSmarter reflects the company’s M&A strategy, which focuses on companies with positive earnings, growth potential, higher margin service channels and organizational synergies that can benefit companies and Digital Ally relationships. In a similar vein, Digital Ally recently formed Digital Ally Healthcare, a joint venture that leverages the company’s M&A playbook to consolidate private revenue cycle management businesses in the fragmented healthcare industry. medical billing. At the same time, the company is further expanding its legacy video solutions business with next-generation body cameras and SaaS products for federal and commercial customers.
“Given our financial results, operational momentum and growth outlook for 2022, we believe the time is right to engage an experienced communications firm to ensure investors correctly understand our vision, strategy and strategy. “opportunity ahead to create substantial long-term shareholder value,” Ross said. “We look forward to working with the Gateway team to deploy a proactive program to raise our profile on Wall Street.”
Gateway will work closely with Digital Ally management to develop and deploy a comprehensive capital markets outreach and communications program. Activities will include, but not be limited to, improving overall corporate messaging and corporate investment and positioning, strategic advisory services and presentations to institutional investors, listed analysts sales and other key influencers in the wider financial community. Gateway will also help organize road shows and obtain invitations to certain financial conferences.
On Digital Ally, Inc.
Digital Ally Companies (NASDAQ: DGLY), through its subsidiaries, is engaged in video solutions technology, human and animal health protection products, healthcare revenue cycle management, brokerage and ticket marketing and event production. Digital Ally continues to add organizations that exhibit the common traits of positive profits, growth potential, innovation, and organizational synergies.
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About the Gateway GroupInc.
Based in Newport Beach, Calif., Gateway Group is a leading capital markets and public relations advisory firm. Since 1999, Gateway has provided strategic consulting, corporate messaging and positioning services, earned media strategies, leadership visibility, investor outreach, and analyst and press coverage. Gateway executives have extensive experience in capital markets, financial and brand communications, and represent clients across a wide range of industries, including technology, consumer, industrials, financial services and services. to businesses. For more information visit our website or follow us on Twitter and LinkedIn.
digital ally Contact Investor
Matt Glover and John Yi
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 substantially on expectations or forecasts of future events. , may be affected by inaccurate assumptions and are subject to various business risks and known and unknown uncertainties, a number of which are beyond management’s control. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. A wide variety of factors could cause actual results to differ materially from the forward-looking statements include, but are not limited to, the following: our activity in developing new markets and uncertainty as to the acceptance by the market for our technology, new products, services, joint ventures and similar strategic agreements, and our ability to develop the Kustom440 subsidiary company; whether the Company will have a global impact with its technological innovations; whether the Company will be able to adapt its technology to new and different uses, including being able to introduce new products; competition from larger and more established companies with much greater economic and human resources; its ability to attract and retain quality customers and employees; the effect of changing economic conditions; and changes in government regulations, tax rates and similar matters. These disclaimers should not be construed as exhaustive or as an admission as to the relevance of the information provided by the Company. 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 or indicate future, uncertain and forward-looking events or trends. The Company does not undertake to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additional information regarding factors that could materially affect the Company and its business is contained in its Annual Report on Form 10-K for the fiscal year ended December 31, 2021..