SURREY, British Columbia — DSG Global, Inc. (OTCQB: DSGT) (“DSGT” or the “Company”) is pleased to announce Green Vehicles Australia (GVA), placed an initial order for 750 new DSG Vantage golf carts valued at more than $4.2 MM.
DSG Global has appointed GVA as a distributor for its Vantage golf carts in Australia, New Zealand, and the Pacific Nations with the first delivery of 106 Vantage golf carts scheduled to ship to GVA within the next four weeks and with regular shipments of balance to follow.
GVA CEO, Mr. Craig Seymour stated, “In 2021 we were in discussions with DSG about the distribution in the stated territory and their Golf Cart Fleet Management systems. We became aware they intended releasing their new Vantage Pro fleet golf cart at the 2022 PGA show in Orlando. GVA ordered two sample Vantage golf carts to be shipped to Australia for test and evaluation. The company was so impressed with the overall build quality and features of the DSG Vantage Fleet Pro golf cart that we travelled to the PGA Show in 2022 to meet with DSG to negotiate a distribution agreement for our part of the world.”
Mr. Seymour continued, “While we have the resources to support marketing, strong sales and are very confident in the quality of Vantage golf carts, we were pleasantly surprised at the pace of orders. To meet demand, we have placed an order with DSG for over 750 Vantage golf and look forward to our first 100+ carts due in May.”
Mr. Silzer commented, “This is just the start of our search for the best distributors in the world introducing our new VANTAGE GOLF CART line. Our intention is to have 75 major Distributors representing our complete golf cart selection in the retail and fleet market. With over 38,000 golf courses worldwide purchasing golf carts annually I felt the time has come to make the move on the new look and feature strong carts.”
Silzer continued, “We are the first in the market to offer golf carts backed by a 7-year warranty, longest range of any 105ah Lithium Battery pack available in America on all carts, onboard fast charging system, maintenance free 5kw AC motor, the Bluetooth connection to the battery management system that monitors battery health, and our patented TAG GPS fleet management system as standard equipment. We believe this is the first of many large orders our company will be receiving on our golf carts and products.”
About DSG Global
DSG Global is an emerging global technology company with an array of interconnecting businesses in some of the fastest-growing market sectors. With roots in the golf industry, in which it specializes in fleet management with patented analytics, mobile touch screen engagement and electric golf carts under the Vantage Tag Systems (VTS) brand, the Company is moving quickly with road-ready electric vehicles through its Imperium Motor Company subsidiary.
About Vantage Tag Systems
Vantage Tag Systems (VTS) provides patented electronic tracking systems and fleet management solutions to golf courses and other venues that allow for remote management of the course’s fleet of golf carts, turf equipment and utility vehicles. Its clients use VTS’ 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 vehicles worldwide. VTS is now branching into several new streams of revenue through programmatic advertising, licensing, and distribution, as well as expanding into commercial fleet management, Vantage single rider Marshal golf carts, Vantage Golf Cart line up and agricultural applications.
Additional information is available at http://vantage-tag.com/
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This news release contains forward-looking information. Such forward-looking statements or information are provided for the purpose of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking information may be identified by words such as “anticipated,” “proposed,” “expects,” “intends,” “may,” “will” and similar expressions. Forward-looking information contained or referred to in this news release includes but is not limited to the Company’s ability to secure manufacturing facilities and supply chains, the benefits the Company expects to derive from existing and planned products, and the Company’s ability to achieve production and sales targets, generally.
Forward-looking statements or information are based on several factors and assumptions, which have been used to develop such statements and information, but which may prove to be incorrect. Although the Company believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because the Company can give no assurance that such expectations will prove to be correct. Factors which could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to negative cash flow and future financing requirements to sustain operations; dilution; limited history of operations and revenues and no history of earnings or dividends; competition; economic changes; delays in the Company’s expansion plans; regulatory changes; and the impact of and risks associated with the ongoing COVID-19 pandemic, including the risk of disruption at the Company’s facilities or in its supply and distribution channels. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company.
Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are described under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the fiscal year 2021 and our subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, all filed 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. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
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