DSGT - InvestorNewsBreaks - DSG Global Inc. (DSGT) Announces Significant Momentum in Vantage Tag GPS Golf Equipment and Technology Segment
DSG Global (OTCQB: DSGT) is the parent and owner of brands and licenses for a wide range of vehicles, from Imperium Motor Corp’s luxury electric SUVs, trucks, buses and e-bikes to the world’s most advanced GPS-based golf cart fleet management system and state-of-the-art disruptive golf cart designs. The company today announced a material acceleration in new sales from its Vantage Tag GPS golf equipment and technology segment. Through Jan. 31, 2022, the company has booked 24 new orders for 1,626 Vantage Tag GPS Fleet Management System units, driving $2.273 million in locked-in new sales. The confirmed purchase orders include approximately $2.12 million payable upon fulfillment and approximately $150,000 in recurring service revenue. “Our Vantage Tag GPS Fleet Management sales pipeline has historically evidenced a strong close rate on new verbal commitments, which positions our sales team for a potential breakout quarter for sales and growth in our core segments in Q1 given the significant number of verbal commitments still to work through to realize the full impact of the PGA show in Orlando last month,” said DSGT CEO Robert Silzer. “We are delighted with the momentum thus far.”
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About DSG Global Inc.
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. For more information, visit www.Vantage-Tag.com and www.ImperiumMotorCompany.com.
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