DSG Global Subsidiary, Imperium Motor Company, Receives Business License to Begin Selling Electric Vehicles at Highly Anticipated Experience Center

Thursday, 25. June 2020 15:00

SURREY, British Columbia, June 25, 2020 (GLOBE NEWSWIRE) -- DSG Global (OTCQB: DSGT) and its wholly-owned subsidiary, Imperium Motor Company, are pleased to announce that it will open its Electric Vehicle “Experience Center” later this summer. The Center has been moved approximately 12 miles south from Vacaville to its new location on Central Way in the popular Cordelia Junction in Fairfield, CA. This move will offer a better location for distributors and customers alike. In order to handle the strong current and future demand of the Jonway line of Electric Vehicles, Imperium Motors upgraded to a much newer facility that is nearly 70% larger. The modern showroom, attractive grounds and gated display area offer more room for Imperium’s expected future growth. The Cordelia Junction location is one of the most highly trafficked areas between the San Francisco Bay Area and Sacramento. It also can be easily viewed from Interstate 80, from which the previous location in Vacaville could not.

The new electric vehicles will offer a more attractive cost alternative to what now exists in the US, with emphasis on great design, performance, and functionality. The Center will still be located between two of the largest EV markets in California which accounts for over 50 % of all EV sales in the United States.

“We are excited this property became available. Our marquee signage will be viewable from the freeway and is much improved over our previous location. While the global pandemic slowed us slightly, we have made major progress behind the scenes and are ready to emerge as a leader in the industry. We have received our business license, the signage has been ordered, and vehicles are being produced. The quality, cost and efficiency of our vehicles is starting to create a buzz in the electric vehicle industry. By early fall, we expect there to be significant growth in our affordable electric vehicle sales,” commented Rick Curtis, President, Imperium Motor Company.

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.

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

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