Surrey, British Columbia, Canada, Sept. 24, 2020 (GLOBE NEWSWIRE) — DSG Global Inc. (OTCQB: DSGT) (“DSGT”), and subsidiary automobile division Imperium Motor Corp., announced that they have placed the initial order for electric vehicles. This includes a combination of the all new High-Speed SUV including the ET5 and other new models as well as our Low Speed Vehicles
“We are excited to begin receiving vehicles for our marketplace in North America and other selected markets. We will begin to finalize our extensive dealer network and expect to sell large volumes of electric vehicles in Q4 2020 and beyond. Imperium also continues to pursue manufacturers and charging station partners which will allow us to leverage our competitive advantages across several electric vehicle vertical markets and become one of the leaders in electric vehicle sales in USA, Canada and Mexico”, stated Rick Curtis, President of Imperium Motors.
The first of many high speed versions coming to Imperium is the new ET5 SUV electric vehicle (picture attached) compliments the T-shaped cockpit using a wrap-around design, with a three-spoke multifunction steering wheel. The digital dashboard fits on a 12.3-inch full LCD display with an additional monitor with a diagonal of 12.8-inch, allowing you to watch TV shows. The cruising range calculated as part of the NEDC European driving cycle reaches 500 km. ET5 will be equipped with a HEPA air conditioning filter system, which can filter 99.99% of PM2. 5 particles larger than 0.3μm and achieve a filtering effect comparable to N95. Combined with a series of high-temperature cycle sterilization and negative ion generators to ensure the safety of air in the car, it can effectively eliminate bacteria in the car, establishing a healthy SUV for buyers, and creating a safe and comfortable mobile space.
“We expect rapid expansion in the Electric Vehicle market and it will become one of the key drivers of our sales as revenue grows multiple fold for the next several years. With the interest already expressed in the stated territories, Imperium should see multiple large-scale orders upon completion of homologation. We believe that the vehicles will be at the Experience Centre in October and be ready for delivery to end customers very soon, upon completion of certification” said Bob Silzer, President and CEO DSG Global.
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, 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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