- DSGT selected as fleet-management solution provider for new golf courses.
- Contracts include servicing and maintenance fees, which provide ongoing continuous monthly revenue.
- CEO reports continued sales records, progress in Vantage Tag and Imperium Motors divisions.
DSG Global (OTCQB: DSGT), an emerging global technology company with an array of interconnecting businesses in some of the fastest-growing market sectors, and its Vantage Tag System (“VTS”) have been selected as the fleet-management solution provider for 15 new golf courses (https://nnw.fm/MpiCM). The contracts for the courses, which are located in the United States and abroad, total almost $988,000 and provide an ongoing revenue stream for DSGT from service and maintenance agreements.
“There continues to be significant interest in our unique electronic tracking and fleet-management solutions as golf courses worldwide recognize the value of our products,” said Pat Parenti, senior vice president of global sales at Vantage Tag Systems. “The contracts include a fee for servicing and maintenance, which will provide ongoing continuous monthly revenue.
“Once the new Infinity screens are available in July, we anticipate orders to accelerate even further,” Parenti continued. “Our sales growth is related to being able to custom-fit systems to the courses’ needs and budgets and by adding seasoned sales professionals on the East and West Coasts and in the Midwest and southern regions of the U.S.”
According to the company’s announcement, the new contracts, which were received during Q2 2021, include 1,040 total units of the VTS Infinity, Text and Tag Systems. In addition, Vantage Tag will be introducing the new Infinity 10-inch display screen by mid-September. The new screen will feature updated software with enhanced features. The company plans to install the systems as inventory arrives, with completion slated for this summer. These new orders do not include orders previously received during fiscal year 2021, which are all in the process of being installed.
Vantage Tag Systems provides patented electronic tracking systems and fleet-management solutions to golf courses and other avenues that allow for remote management of a course’s fleet of golf carts, turf equipment and utility vehicles.
“The company continues to break sales records in Vantage Tag and continued progress with Imperium Motors automotive division,” said DSG Global CEO Robert Silzer. “Our backlog of installations at dozens of golf courses and pre-orders and deliveries of electric vehicles will keep us extremely busy this summer.”
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 VTS brand, the company is moving quickly with road-ready electric vehicles for sale in the first quarter of 2021 through its Imperium Motor Company subsidiary.
For more information, visit the company’s website at www.DSGTglobal.com.
NOTE TO INVESTORS: The latest news and updates relating to DSGT are available in the company’s newsroom at https://nnw.fm/DSGT
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information, please visit https://www.NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork.