DSG Global Releases 1000 Fairway Rider G3's Into the Elite Program on a First Come Basis Effective Immediately
SURREY, British Columbia, January 11, 2018 /PRNewswire/ --
DSG GLOBAL INC. (OTCQB: DSGT) is selling to the general public a limited number of 1000 FAIRWAY RIDER G3's in the FAIRWAY RIDER G3 ELITE PROGRAM (FREP). The company is releasing on a first come basis a FULL UNIT of ten FAIRWAY RIDER G3's for USD $45,000.00 or HALF UNIT consisting of five FAIRWAY RIDER G3's for USD $22,500.00 or SINGLE UNITS at USD $5,000.00 each.
DSG GLOBAL will be placing all 1000 G3's in a pooled environment on golf courses in North America with 25% of the gross revenue generated from the collective units divided on a pro rata bases among all owners over the 4 year contract. Most likely projected revenues are based on golf course rental of 1.25 times daily at USD $25.00 per round per FRG3 over an average of 262 days a year.
Owners will also receive 10% of advertising gross revenue generated on the 1000 pooled new INFINITY 7" high definition screens that will be mounted on the FRG3. Owners will receive revenue payments from the FREP 30 days following every sixth month.
The first shipment of FAIRWAY RIDER G3's has been ordered and is headed to California with the next container shipping to Florida and depending on the orders containers will be shipped to that destination. Each owner will have their own FAIRWAY RIDER G3 identified by serial number and the new 3G LTE TAG tracker with DSGT maintaining all service and support during the term. DSGT can also purchase the FRG3 back from owners at end of contract at a negotiated price.
For more information about how you can purchase your own Fairway Rider and/or participate in the FAIRWAY RIDER G3 ELITE PROGRAM call 604-762-2825 to reserve now.
About DSG Global Inc.
DSG Global Inc. (DSGT) is one of the new breed of Software-as-a-Service (SaaS) companies that are dominating the IT industry. DSGT provides electronic tracking systems fleet management solutions and mobile digital data for players. Our clients are using DSGT's patented technology to significantly reduce costs, increase safety and enhance customer satisfaction. DSGT has historically focused on the golf industry, where golf course operators manage their fleet of golf carts, turf equipment, and utility vehicles remotely using DSGT's SaaS Technology. DSGT is now addressing the PACE OF PLAY problems that exist on golf courses today and introducing the NEW ELECTRIC SINGLE FAIRWAY RIDER G3 to the golf industry. The new Fairway Rider G3 will be equipped with the patented DSG TAG for tracking and the new 7" INFINITY LITE. DSGT is also aggressively branching into several revenue streams, through programmatic advertising, licensing, distribution, commercial fleet management and agricultural applications.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements. Forward looking statements in this press release include statements relating to the Company's corporate finance and other strategic initiatives, 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 enter into contracts with golf courses for the Fairway Rider G3 or any revenue that may be generated therefrom; the risk of competition; our ability to find, recruit and retain personnel with knowledge and experience in selling products and services in these 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 Current Report on Form 8-K filed with the Securities and Exchange Commission on May 12, 2015. 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.
For information please contact:
Investor Relations
+1-604-575-3848 ext. 113
SOURCE DSG Global Inc.
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