Ztrip places additional order for digital ally’s dvm-250 and fleetvu manager; provides revenue guidance for the fiscal year 2020

Digital ally, inc. announced a contract extension and upgrade with ztrip, inc. (“ztrip”) for the company’s dvm-250 in-car video event recorder and video management platform, fleetvu manager. ztrip will now implement nearly 300 dvm-250 units integrated with fleetvu manager in jacksonville, fl and will upgrade an additional 125 units in west palm beach, fl. ztrip, north america’s largest taxicab company with a fleet of more than 5,000 vehicles in 19 u.s. cities, continues to set the standard for driver and passenger safety, technology innovations and customer service. as a long-standing customer of digital ally, ztrip has seen the long and short-term return on its investment since the implementation of the company’s dvm-250 video event recorder and fleetvu manager platform. this order will include hardware installation of the company’s dvm-250 event recorder and software incorporation of the cloud-based video management platform, fleetvu manager. the dvm-250 and fleetvu manager work seamlessly together to record, upload, and store any events captured during a driver’s shift. the fleetvu manager platform allows companies to customize real time alerts such as acceleration, excessive braking, and g-force to track and modify driver behavior. with a unique feature called pre-event recording, fleet managers can review the video footage of events that took place leading up to the incident. this footage may explain bad habits that would have otherwise gone un-noticed before an event had taken place such as texting, violations of seatbelt policies and distracted driving. the easy to use platform also gives fleet managers the ability to generate driver reports, track assets in near real-time and monitor the location of every vehicle in their fleet. when coupled together, this complete video solution will provide fleet managers with unmatched driver and asset management while increasing the overall safety of drivers and passengers.the company expects its revenues will exceed $13.5 million for its fiscal year 2020.
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