SCOTTSDALE, AZ--(Marketwired - April 20, 2016) - Digital Caddies, Inc. (OTC PINK: CADY), a leader in on course delivery of technology services and content to golfers and golf courses, is pleased to announce that their initial sales efforts to advertisers on the network are surpassing the company's initial expectations, providing validation of demand for this form of advertising and confirming interest in the company's business model.
"We are pleased and excited to report that we are seeing tremendous interest from advertisers to advertise on our network," said Brad Nightingale, CEO. "It has only been a short amount of time but based on the sales we have made to date, and the average price per ad location achieved, we should be able to generate significant revenue from each golf course added to the network."
With this initial success, additional locations are being added to the network and advertising representatives and agencies are being trained in other targeted regions across the country. With enough equipment to install screens on every golf cart on over 70+ courses, the company expects to achieve profitability in the coming months.
About Digital Caddies
Digital Caddies provides unique access to golfers via an interactive tablet mounted in golf cars, serving up features golfers, course operators and advertisers want. Once a golf course is equipped with Digital Caddies' touch-screen tablets, golfers enjoy a variety of useful applications and services, including GPS-based course navigation and aerial fairway and green views with accurate yardages to landmarks. Digital Caddies' tablets install easily on golf cars and connect wirelessly to the Web through Sprint's nationwide wireless network, providing the golf course a broad portfolio of real-time course management tools via GPS-based cart tracking and communications.
Digital Caddies is committed to ongoing innovation that will deliver valuable content to golfers, enhance golf course operations and allow marketers to reach one of the most sought-after and lucrative demographics. For more information about Digital Caddies, please visit www.digitalcaddies.net
Forward-Looking Statements
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Digital Caddies, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Digital Caddies, Inc.'s ability to control, and actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Digital Caddies, Inc.'s filings with the Securities and Exchange Commission.