DSG Global Inc., and Its Imperium Motor Corp Division, Signs Large Volume Dealership to Become Imperium Commercial Dealer and Sub-Distributor for Mexico and Canada

March 4, 2021 9:30 AM EST

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

Dealership ordered its first 24 Jonway vehicles and will sell new Imperium EV models

SURREY, British Columbia, March 04, 2021 (GLOBE NEWSWIRE) -- DSG Global, Inc. (OTCQB: DSGT) ("DSGT" or the "Company"), through its Automotive division Imperium Motor Corp, announces an agreement with Auto Supermall, Ltd. to become our exclusive Retail Sub Distributor for Mexico as well as the Commercial Sub Distributor for Mexico and Canada. Auto Supermall will also be an authorized retail outlet for Imperium products at their store in Toronto, Canada. The dealer principal, Michael Tersigni, and his partner have over 53 years of combined experience with extensive import and export sales in Canada, Mexico and the United States. The group has sold up to 12,000 vehicles annually and has an extensive dealer network in Mexico as well as dealers in the United States and Canada with which they transact business on an ongoing basis.

“We are very pleased to sign with the Auto Supermall group in Toronto. They are one of the top independent exporters of vehicles within Mexico and have a large following in the United States and Canada. They bring a huge list of business contacts and are experts in Latin America and other markets. They also have extensive Commercial Vehicle experience, and we look forward to having them as our partners,” stated Rick Curtis, President of Imperium Motor Corp.

Auto Supermall has already ordered their first twenty-four (24) Jonway vehicles and will be adding dealers in Mexico and other markets. They will also be selling the new Imperium ET5 SUV and other Electric Vehicles from Imperium.

“Dealers and sub-Distributors like the Auto Supermall group are exactly what is needed to represent our great lineup of vehicles. They have extensive experience in Mexico and throughout North America and have a great track record of sales. They are true experts in the business,” added Bob Silzer, CEO of DSG Global.

About DSG Global

DSG Global is an emerging global technology company with an array of interconnecting businesses in some of the fastest growing market sectors. With roots in the golf industry in which it specializes in fleet management with patented analytics, mobile touch screen engagement and electric golf carts under the Vantage Tag Systems (VTS) brand, the company is moving quickly with road-ready electric vehicles for sale in the first quarter of 2021 through its Imperium Motor Company subsidiary.

https://dsgtglobal.com/

About Vantage Tag Systems

Vantage Tag Systems (VTS) 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/

About Imperium Motor Company

Imperium Motor Company (IMC) is an EV sales and marketing company that offers a wide variety of affordable vehicles equipped for the North American market with emphasis on great design, a green mindset, performance, and functionality. Vehicles will include high speed, mid-speed, and low speed electric vehicles including cars, trucks, SUVs, vans, buses, and scooters. For additional information about Imperium Motors' product lines, please visit www.imperiummotorcompany.com.

Company Contact:

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

Dave Gentry RedChip Companies, Inc. Phone: (407) 491-4498 dave@redchip.com

Safe Harbor for Forward-Looking Statements

This news release contains forward-looking information. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking information may be identified by words such as "anticipated", "proposed", "expects", "intends", "may", "will", and similar expressions. Forward-looking information contained or referred to in this news release includes but is not limited to the Company's ability to secure manufacturing facilities and supply chains, the benefits the Company expects to derive from existing and planned products, and the Company's ability to achieve production and sales targets, generally.

Forward-looking statements or information are based on a number of factors and assumptions which have been used to develop such statements and information, but which may prove to be incorrect. Although the Company believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because the Company can give no assurance that such expectations will prove to be correct. Factors which could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: negative cash flow and future financing requirements to sustain operations, dilution, limited history of operations and revenues and no history of earnings or dividends, competition, economic changes, delays in the Company's expansion plans, regulatory changes, and the impact of and risks associated with the ongoing COVID-19 pandemic including the risk of disruption at the Company's facilities or in its supply and distribution channels. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company.

Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are described 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 2019 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. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.

Primary Logo

Source: DSG Global Inc.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Globe Newswire, Press Releases

Related Entities

Dividend, Earnings