RedChip Weekly Newsletter

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January 28, 2020 Contact

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Digital Ally (NASDAQ: DGLY) Receives New Order from zTrip for Asset Tracking Unit and FleetVu Manager

Digital Ally (NASDAQ: DGLY), which develops, manufactures and markets advanced video recording products for law enforcement, emergency management, fleet safety and security, announced a new order from zTrip for the Company’s DVM-250 in-car video event recorder, new asset tracking unit (ATU), and video management platform, FleetVu Manager.

Why It Matters: zTrip’s Indianapolis location will become the second zTrip fleet to implement the Company’s new ATU, joining the Kansas City fleet. The ATU is crucial for capturing data that will improve driver behavior as well as increasing the overall efficiency of the fleet. Integrated with a mobile hotspot, the ATU will report data such as GPS location, fuel consumption, and other trackable data for fleet managers. The deployment of the DVM-250, integrated with Digital Ally’s new ATU and the FleetVu Manager software, will generate recurring service revenues in addition to the upfront hardware sale.

Key Quote: “We are excited to continue to grow our relationship with zTrip and implement our products for its newest fleet of vehicles. We are especially excited to deploy our new asset tracking unit in Kansas City and Indianapolis. This device, paired with our back-end software, will generate valuable data, giving a more detailed view into each vehicle and the fleet as a whole.” – Stan Ross, CEO

The Backstory: Headquartered in Lenexa, KS, Digital Ally specializes in the design and manufacturing of the highest quality video recording equipment and video analytic software. Digital Ally pushes the boundaries of technology in industries such as law enforcement, emergency management, fleet safety and security. Digital Ally’s complete product solutions include in-car and body cameras, cloud and local management software, and automatic recording technology. These products work seamlessly together and are simple to install and operate. Digital Ally products are sold by domestic direct sales representatives and international distributors worldwide.

Disclosure

Digital Ally, Inc. (DGLY) is a client of RedChip Companies, Inc. DGLY agreed to pay RedChip Companies, Inc., a $7,500 monthly cash fee, beginning in September 2017, for RedChip investor awareness services.

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SinglePoint (OTCQB: SING) Appoints New CFO to Accelerate Renewable Energy Revenue Growth Strategies

SinglePoint (OTCQB: SING) appointed Corey Lambrecht as its new CFO. A 20-year public company executive, Lambrecht rejoins SinglePoint as CFO and will focus near term strategic efforts on expansion of the revenues and national footprint of the Company’s most recent acquisition, Direct Solar of America.

Why It Matters: Lambrecht was a founding investor in the predecessor company to SinglePoint, Lifestyle Wireless and served on the Board of Directors post merger with Carbon Credits International. Mr. Lambrecht has served within numerous public companies as a senior executive and a board member, actively involved in strategic capital raises and uplistings to national exchanges including the OTCQB, AMEX, and NASDAQ capital markets.

Key Quote: “We couldn’t be more excited to have someone with such broad experiences in working with growth oriented public companies. We are looking to continue to broaden the exposure of SinglePoint and look for ways to continually build shareholder value and believe that Mr. Lambrecht skills will complement and enhance our existing management team and current strategy.” – Will Ralston, President

The Backstory: SinglePoint invests in and acquires brands and companies that will benefit from an injection of growth capital and the sales and marketing expertise of SinglePoint. The Company’s portfolio is focused on renewable energy specifically solar and has holdings in hemp and payments. SinglePoint is working to grow the company to a multinational entity.

Disclosure

SinglePoint, Inc. (SING) is a client of RedChip Companies, Inc. SING agreed to pay RedChip Companies, Inc. a $10,000 monthly cash fee, beginning in June 2019, for RedChip investor awareness services and consulting services.

Quote of the Week

"Look at what you can afford to lose, it’s a numbers game."
- Buzz Heidkte, Owner MidSouth Investor Fund

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Digital Ally: Expanding Sales of Body-Cam Technology in Multiple Markets

Digital Ally (NASDAQ: DGLY), headquartered in Lenexa, KS, specializes in the design and manufacturing of the highest quality video recording equipment and video analytic software. Digital Ally pushes the boundaries of technology in industries such as law enforcement, emergency management, fleet safety and security. Digital Ally’s complete product solutions include in-car and body cameras, cloud and local management software, and automatic recording technology. Digital Ally products are sold by domestic direct sales representatives and international distributors worldwide.

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Order Small Stocks, Big Money Today!

Dave Gentry is the author of Small Stocks, Big Money: Interviews With Microcap Superstars. Published by Wiley, this first-hand perspective on the fast world of microcap investing is now available for purchase.

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About RedChip

RedChip Companies, an Inc. 5000 company, is an international investor relations, media, and research firm focused on small-cap and mid-cap companies. Since 1992, RedChip has delivered concrete, measurable results for its clients through the most comprehensive service platform in the industry for small-cap and mid-cap companies. These services include a worldwide distribution network for its stock research written by analysts holding the CFA designation; retail and institutional roadshows in major U.S. cities; outbound marketing to stock brokers, RIAs, institutions, and family offices; a digital media investor relations platform that has generated over 2.3 million unique investor views; quarterly global online institutional and retail investor conferences that reach over 10,000 investors annually; "The RedChip Money Report" television show which airs in 100 million homes across the U.S. on The Family Channel; a weekly newsletter delivered to 60,000 investors; TV commercials in local and national markets; corporate and product videos; website design; and traditional investor relation services, which include press release writing, development of investor presentations, quarterly conference call script writing, strategic consulting, capital raising, and more.

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