DIGITAL ALLY, INC.
LENEXA, KS--(Marketwired - Sep 2, 2015) - Digital Ally, Inc. (
On September 2, 2015, Taser International, Inc. issued a press release announcing that the USPTO rejected the claims of Digital Ally's '292 Patent. Digital Ally believes that Taser's press release may be misleading in stating that the "claims were found unpatentable by the USPTO." The USPTO only recently made an initial, non-final action related to the '292 Patent and therefore, has not made a final determination of unpatentability. In fact, Digital Ally has the opportunity to discuss the merits of the prior art and the scope of the patent claims with the Examiner who issued this initial, non-final action and to freely amend the patent claims. Digital Ally will be filing a response in the near future. Therefore, to say the patent has been found invalid is incorrect. Digital Ally is confident that material aspects of the technology disclosed in the '292 Patent will ultimately be found patentable. Digital Ally is committed to obtaining valid patents for its technology, and further examination by the USPTO due to Taser's reexamination will only strengthen the ultimate validity of any claims to issue from the reexamination.
"Taser's concern with Digital Ally's patent is presumably based on the similarities between Taser's Axon Signal product, which is just coming on the market, and Digital Ally's VuLink product, which has been on the market for well over a year," stated Stanton Ross, CEO of Digital Ally, Inc. "We can only surmise that Taser was concerned with infringing the '292 Patent. Based on what we know so far of Taser's Axon Signal, it appears to be offering many of the same features that Digital Ally has long been offering via its VuLink product," continued Ross. "Competition in the marketplace is ultimately a good thing for the customer -- provided, of course, that it is fair competition."
"Digital Ally will continue to innovate and produce the highest quality products with optimal technological solutions. We also will continue to seek patent protection for our innovations, as we have successfully done for many years now," concluded Mr. Ross.
About Digital Ally, Inc.
Digital Ally, Inc. develops, manufactures and markets advanced technology products for law enforcement, homeland security and commercial applications. The Company's primary focus is digital video imaging and storage. For additional information, visit www.digitalallyinc.com.
The Company is headquartered in Lenexa, Kansas, and its shares are traded on The Nasdaq Capital Market under the symbol "DGLY".
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. A wide variety of factors that may cause actual results to differ from the forward-looking statements include, but are not limited to, the following: whether the several aspects of its disclosed technology in the '292 Patent will ultimately be found patentable by the USPTO and if so the extent to which the '292 Patent will give the Company effective, enforceable protection of the intellectual property contained in its products in the marketplace; competition from larger, more established companies with far greater economic and human resources; the effect of changing economic conditions; and changes in government regulations, tax rates and similar matters. These cautionary statements should not be construed as exhaustive or as any admission as to the adequacy of the Company's disclosures. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words "believes", "expects", "anticipates", "intends", "estimates", "plans", "projects", "should", or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. The Company does not undertake to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise. Additional information respecting factors that could materially affect the Company and its operations are contained in its annual report on Form 10-K for the year ended December 31, 2014 and quarterly report on Form 10-Q for the three and six months ended June 30, 2015, as filed with the Securities and Exchange Commission.
