Surrey, British Columbia, Oct. 15, 2019 (GLOBE NEWSWIRE) -- DSG GLOBAL INC. (OTC: DSGT), the world's leading provider of the patented GPS GOLF TAG Management System and on-course media system, today announced that it has completed a major installation of the INFINITY HD 12” at Las Américas Golf Course in Tenerife Islands, Spain.
The company installed 100 INFINITY HD 12” systems at Las Américas, which is situated in the Heart of Playa de Las Américas, one of the best golf course in Tenerife, Spain. Golf Las Americas overlooks the sea and has been host to a number of important Spanish championships. The 18-hole championship golf course features a number of lakes and water-filled ravines and covers over 90 hectares of land.
Bob Silzer, CEO of DSG Global, commented, “We are honored to have INFINITY HD 12” selected by Las Américas due to the value proposition we offer both the course operator and players. Our new INFINITY 12” HD continues to be well received in the market as the only one of its kind in the industry, and is has been frequently referred to as the “Tesla of golf.” Importantly, we continue to roll-out a number of enhancements, such as a brighter color palette, professional 3 level PGA scoring cards and many new feature settings. At the same time, we continue to add new distributors, including three new distributors in the U.S. alone. To address the growing demand, we recently added two new engineers and a General Manager to help oversee the world-wide golf operation.”
“Given the traction we are gaining within the golf market, including our success with the TAG Management System and installation of the Infinity suite of products at leading golf courses worldwide, we are now moving forward aggressively with our plans to enter into the high-margin, low-speed vehicle market by combining our full range of Tag Systems for fleet management solutions beyond the golf industry. These untapped markets include agriculture, government and military applications. Towards this end, we completed a restructuring of our business units, adding Rick Curtis as President of the Fleet Management division. We believe our unique offering is easily transferable to other markets due to the pent-up demand for an effective one-stop solution that combines first-in-class vehicle tracking with high quality and low-cost electric vehicles.”
About VANTAGE TAG SYSTEMS INC (VTS)
Vantage Tag Systems provides patented electronic tracking systems and fleet management solutions to golf courses and other avenues that allow for remote management of the course's fleet of golf carts, turf equipment and utility vehicles. Their clients use VTS's unique technology to significantly reduce operational costs, improve the efficiency plus profitability of their fleet operations, increase safety, and enhance customer satisfaction. VTS has grown to become a leader in the category of Fleet Management in the golf industry, with their technology installed in over vehicles worldwide. VTS is now aggressively branching into several new streams of revenue, through programmatic advertising, licensing and distribution, as well as expanding into Commercial Fleet Management, RAPTOR, a single rider golf cart and Agricultural applications. Additional information is available at http://www.vantage-tag.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; 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 Current Report on Form 8-K filed with the Securities and Exchange Commission on May 12, 2015. 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.
IR/PR Contacts:
Crescendo Communications, LLC
Tel: 212-671-1021
Email: dsgt@crescendo-ir.com
Chesapeake Group, Inc.
Tel: 410.825.3930
