LENEXA, Kansas, May 08, 2018 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY), which develops, manufactures and markets advanced digital technology products for law
enforcement, homeland security and commercial security applications, today announced that it will host an investor conference
on Tuesday, May 15, 2018 at 11:15 a.m. EDT to discuss its operating results for the first quarter ended March 31, 2018,
the status of its patent infringement litigation against Axon Enterprise, Inc. ("Axon," formerly known as TASER International,
Inc.) and Enforcement Video, LLC d/b/a WatchGuard Video (WatchGuard) and other topics of interest. The Company will also provide an
update on the strategic alternative process recently initiated by the Board of Directors. The Company will release its operating
results for the first quarter of 2018 prior to the conference call.
Regarding the news about Axon’s agreement to acquire VieVu, LLC, Stanton E. Ross, CEO of Digital Ally,
said “This action confirms what we have been saying since we filed our lawsuit against Axon - Axon desperately wants to use Digital
Ally’s patented technology and it now appears willing to take any step necessary to obtain it. Axon has purchased an entire
company, presumably to access our patented VuLink technology. For now, our supply and distribution agreement with VieVu will remain
in place and we look forward to VieVu continuing to meet its obligations under the agreement. Ironically, any money VieVu (Axon)
pays under that agreement will assist us in funding our litigation against Axon."
Investor Conference Call
Shareholders and other interested parties may participate in the conference call by dialing (844)
761-0863 and entering conference ID # 3569908 a few minutes before 11:15
a.m. Eastern on Tuesday, May 15, 2018.
A replay of the conference call will be available two hours after its completion, from May 15,
2018 until 11:59 p.m. EST on July 15, 2018 by dialing 855-859-2056 and entering the conference ID #
3569908.
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. The Company is
headquartered in Lenexa, Kansas, and its shares are traded on The Nasdaq Capital Market under the symbol "DGLY."
For additional news and information please visit www.digitalallyinc.com or follow us on Twitter @digitalallyinc and Facebook www.facebook.com/DigitalAllyInc.
Follow additional Digital Ally Inc. social media channels here:
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 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 any
further financing or strategic or substantial transaction will result from the strategic review process of the Board of Directors;
whether the Company will achieve positive outcomes in its litigation with various parties, including Axon and WatchGuard; the
impact that Axon’s acquisition of VieVu, LLC will have on the supply and distribution agreement between the Company and VieVu, LLC
and the litigation between the Company and Axon; 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 because 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, 2017 filed with the Securities and Exchange Commission.
For Additional Information, Please Contact: Stanton E. Ross, CEO, at (913) 814-7774 or Thomas J. Heckman, CFO, at (913) 814-7774
