SURREY, British Columbia, June 29, 2020 (GLOBE NEWSWIRE) -- DSG Global (OTCQB: DSGT) announced that the first Vantage Golf Pacer arrived this week at the Dragon Fly Golf Club in Madera, California. This is the commencement of the marketing campaign for the vehicle.
Vantage Tag Systems (VTS) is currently finalizing its worldwide distributor/dealer network with 40 seasoned distributors/dealers in North America and 30 in other parts of the world. A similar program will commence in the Europe, Asia, Australia and New Zealand on August 1st.
VTS will also be ordering up to 25 containers (700 units) of the Pacer for installation on various golf courses throughout North America, offering one of its three unique styles. The program is designed to allow the course extra cash flow and the ability to follow COVID-19 Social Distancing Protocols while reducing germs and contamination.
Simultaneously, The Pacer single rider golf cart allows courses to increase the pace of play significantly over the more common and less efficient two passenger carts. They also come standard equipped with the Vantage Tag System which is upgradeable to the Infinity Screen.
The Pacers come in various colors and extra features designed for the individual market, especially gated communities, and is allowed to be road driven in certain states. Each cart comes with the Fleet Management Tracking software the company is known for.
Please visit www.vantage-tag.com safe greens for pictures and additional information.
“Due to current events, this is a highly valued and sought after product. We have generated significant preliminary interest and will begin taking orders this month. It is our goal to sell several thousand of these vehicles during the next twelve months and based on pre-commitments this number should be easily attainable. We have been able to fund this program without adding additional equity, thereby avoiding significant dilution. The company now has multiple significant revenue streams, all of which are accelerating,” stated Bob Silzer, President and CEO.
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. Its 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 branching into several new streams of revenue, through programmatic advertising, licensing and distribution, as well as expanding into Commercial Fleet Management, RAPTOR and PACER, single rider golf carts, and Agricultural applications. Additional information is available at http://vantage-tag.com /
Safe Harbor for Forward-Looking Statements
Forward-looking statements in this press release include statements relating to, among other things, the Company's ability to open its new customer facility and its ability to close and deliver on various purchase orders from customers, 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; our ability to deliver in a timely fashion and to our customers’ satisfaction the products purchased; the risk of competition; our ability to find, recruit and retain personnel with knowledge and experience in selling products and services in existing and 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 Annual Report on Form 10-K for the fiscal year 2018 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.
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