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DSG Global and Imperium Motor Completes Productive Montreal Electric Vehicle Show with Strong Interest and over $6 Million in SEV Reserved Orders

21 September 2021
in General News
Reading Time: 5 mins read
DSG Global, Inc. Updates Financing Strategy to Support Sales Growth Initiatives

Fairfield, California, Sept. 21, 2021 (GLOBE NEWSWIRE) — DSG World, Inc. (OTCQB: DSGT) (“DSGT” or the “Firm”) is labored as much as announce that its Canadian electrical automobile division, Imperium Motor Firm Canada, accomplished a worthwhile Montreal Electrical Automobile Exhibit this earlier weekend. The current resulted in important publicity and media safety. The company took deposits on 136 SEV autos and expert a robust uptick of 60 further deposits over the weekend for SEV autos ordered on-line in the middle of the current. Mixed the company obtained deposits on over 196 autos for the three-day event.

“The present surpassed even our most optimistic expectations. Not solely was the present bigger than the organizers anticipated, curiosity in our SEV autos was super. We had many extra prospects and sellers expressing curiosity with expectations for additional deposits to proceed from present attendees over the subsequent few weeks. With manufacturing starting, we count on to have the ability to meet the elevated demand comparatively shortly. We additionally anticipate comparable success on the Quebec Electrical Automobile Present starting October 1 and even bigger success on the Los Angeles Auto Present in November,” commented Christian Dubois, President Imperium Canada.

About DSG World

DSG World is an rising world experience agency with an array of interconnecting corporations in among the many fastest-growing market sectors. With roots throughout the golf commerce, by which it focuses on fleet administration with patented analytics, mobile contact show engagement and electrical golf carts beneath the Vantage Tag Techniques (VTS) mannequin, the Firm is transferring shortly with road-ready electrical autos in the marketplace throughout the first quarter of 2021 by way of its Imperium Motor Firm subsidiary.

About Imperium Motor Corp.

Imperium Motor Corp. (IMC) is an EV product sales, producer and promoting and advertising and marketing agency that offers every kind of fairly priced autos equipped for the North American market, with emphasis on good design, a inexperienced mindset, effectivity, and efficiency. Autos will embrace high-speed, mid-speed and low-speed electrical autos along with automobiles, automobiles, SUVs, vans, buses, and scooters. For added particulars about Imperium Motors’ product strains, please go to www.imperiummotorcompany.com.

About Vantage Tag Techniques

Vantage Tag Techniques (VTS) provides patented digital monitoring applications and fleet administration choices to golf applications and totally different avenues that let for distant administration of the course’s fleet of golf carts, turf instruments and utility autos. Its purchasers use VTS’ distinctive experience to significantly reduce operational costs, improve the effectivity plus profitability of their fleet operations, improve safety and enhance purchaser satisfaction. VTS has grown to develop right into a pacesetter throughout the class of fleet administration throughout the golf commerce, with their experience put in in autos worldwide. VTS is now branching into numerous new streams of revenue by way of programmatic selling, licensing, and distribution, along with rising into industrial fleet administration, PACER single rider golf carts and agricultural features. Further information is obtainable at http://vantage-tag.com/.

Firm Contact:

Brokers and Analysts:
Chesapeake Group
+1-410-825-3930
info@chesapeakegp.com

Protected Harbor for Ahead-Trying Statements

This info launch accommodates forward-looking information. Such forward-looking statements or information are equipped for the goal of providing particulars about administration’s current expectations and plans relating to the long term. Readers are cautioned that reliance on such information won’t be relevant for various features. Any such forward-looking information is also acknowledged by phrases equal to “anticipated,” “proposed,” “expects,” “intends,” “could,” “will” and comparable expressions. Ahead-looking information contained or referred to on this info launch consists of nonetheless simply isn’t restricted to the Firm’s means to protected manufacturing facilities and supply chains, the benefits the Firm expects to derive from present and deliberate merchandise, and the Firm’s means to appreciate manufacturing and product sales targets, sometimes.

Ahead-looking statements or information are based totally on numerous parts and assumptions, which have been used to develop such statements and data, nonetheless which might present to be incorrect. Though the Firm believes that the expectations mirrored in such forward-looking statements or information are low-cost, undue reliance shouldn’t be positioned on forward-looking statements because of the Firm might give no assurance that such expectations will present to be applicable. Components which can set off exact outcomes to fluctuate materially from these described in such forward-looking information embrace, nonetheless aren’t restricted to: worthwhile completion of due diligence, satisfaction of circumstances, and completion of the proposed transaction with MTG, INC. antagonistic cash circulation and future financing requirements to keep up operations; dilution; restricted historic previous of operations and revenues and no historic previous of earnings or dividends; opponents; monetary changes; delays throughout the Firm’s progress plans; regulatory changes; and the impression of and risks associated to the continued COVID-19 pandemic, along with the prospect of disruption on the Firm’s facilities or in its present and distribution channels. The forward-looking information on this info launch shows the current expectations, assumptions and/or beliefs of the Firm based totally on information at current accessible to the Firm.

Further parts that may set off exact outcomes to fluctuate materially from these anticipated by our forward-looking statements are described beneath the captions “Danger Components” and “Administration’s Dialogue and Evaluation of Monetary Situation and Outcomes of Operations” in our Annual Report on Kind 10-Okay for the fiscal yr 2020 and our subsequent Quarterly Experiences on Kind 10-Q and Present Experiences on Kind 8-Okay, all filed with the Securities and Alternate Fee. Ahead-looking statements are made as of the date of this launch, and we expressly disclaim any obligation or enterprise to exchange forward-looking statements. The forward-looking statements or information contained on this info launch are expressly licensed by this cautionary assertion.

Tags: completesDSGElectricElectric carElectric VehicleEVglobalImperiumInterestMillionMontrealMotorOrdersProductiveReservedSEVShowStrongvehicle

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