DSG Global, Inc. Places First Order with Manufacturer for the New 12 INFINITY High Definition Display Solution
1500 Units Expected to be Delivered Within Thirty Days
SURREY, BC - 
(NewMediaWire) - March 15, 2018 - (DSGT), DSG Global recently completed extensive testing on the 12” INFINITY and is now finalizing the development of molds for mass production of its INFINITY High Definition displays. Production is slated to begin later this month with delivery of its first products to customers in April.
The company introduced the new product at the PGA Golf Show in Orlando, Florida in late January and generated significant interest.
“Our initial rollout will be 1500 units, which will be installed at various golf courses throughout North America and Europe. The revenue stream will have two components being a purchase or lease over a four to five year term, and a residual monthly servicing fee that will include software updates, service, support and cellular fees. Based on the interest we are receiving and the oral commitments we have received, we believe these units will all be presold by delivery dates. Additional units will be completed for delivery in late May and each month thereafter,” commented Bob Silzer, CEO of 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.
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: Investor Relations Chesapeake Group 410.825.3930 info@chesapeakegp.com
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