U.S. Patent and Trademark Office Allows Two Patent Applications for Digital
Ally's Core Product Line
LENEXA, KS -- (Marketwired) -- 07/23/13 -- Digital Ally, Inc.
(NASDAQ: DGLY), which develops, manufactures and markets advanced
video surveillance products for law enforcement, homeland security
and commercial applications, today announced that the United States
Patent and Trademark Office ("USPTO") recently allowed two patent
applications that are relevant to the Company's core product line.
The Company expects these patents to formally issue in the near
The first patent relates to an in-car video recording system. This is
considered significant to the Company because it is a market leader
in video recording systems for law enforcement agencies and other
The second patent relates to remote transmitters worn by law
enforcement personnel in the field. This patent application covers,
among other features, on-board storage of recorded data to insure
that no evidence is lost when law enforcement officers are away from
"Digital Ally invests heavily in its research and development
program, and we are proud to provide our clients with products that
incorporate the best possible technological enhancements available,"
stated Stanton E. Ross, Chief Executive Officer of Digital Ally, Inc.
"The USPTO's recent allowance of these two patent applications
illustrates the high standards and expectations that we set for our
research and development initiatives and our commitment to the
introduction of innovative products that are safe and effective for
our law enforcement and commercial customers."
About Digital Ally, Inc.
Digital Ally, Inc. develops, manufactures and markets advanced
technology products for law enforcement, homeland security and
commercial applications. The Company's primary focus is digital video
imaging and storage. For additional information, visit
The Company is headquartered in Lenexa, Kansas, and its shares are
traded on The Nasdaq Capital Market under the symbol "DGLY".
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 s
based largely on the expectations or forecasts of future events, can
be affected by inaccurate assumptions, and are subject to various
business risks and known and unknown uncertainties, a number of which
are beyond the control of management. Therefore, actual results could
differ materially from the forward-looking statements contained in
this press release. A wide variety of factors that may cause actual
results to differ from the forward-looking statements include, but
are not limited to, the following: whether and the extent to which
the patents will give the Company effective, enforceable protection
of the intellectual property contained in products in the
marketplace; whether the Company will be able to continue to improve
its revenues and operating results in 2013 given the current economic
environment; whether it will be able to continue to achieve improved
production and other efficiencies to maintain its increased gross and
operating margins; its ability to maintain or expand its share of the
markets in which it competes, including those outside the law
enforcement industry; whether there will be a commercial market,
domestically and internationally, for one or more of its new
products; 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, more established companies with
far greater economic and human resources; its ability to attract and
retain customers and quality employees; the effect of changing
economic conditions; and changes in government regulations, tax rates
and similar matters. These cautionary statements should not be
construed as exhaustive or as any admission as to the adequacy of the
Company's disclosures. 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 of or indicate future events or trends, to be uncertain
and forward-looking. The Company does not undertake to publicly
update or revise forward-looking statements, whether as a result of
new information, future events or otherwise. Additional information
respecting factors that could materially affect the Company and its
operations are contained in its annual report on Form 10-K for the
year ended December 31, 2012 and quarterly report on Form 10-Q for
the three months ended March 31, 2013, as filed with the Securities
and Exchange Commission.
For Additional Information, Please Contact:
Stanton E. Ross
RJ Falkner & Company, Inc.
Investor Relations Counsel
or via email at firstname.lastname@example.org
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