DSG Global and Imperium Motor Company Announce Addition of INDI Electric Vehicle Crossover Sedan at Los Angeles Auto Show

DSG Global, Inc.

The independent electric vehicle company is based in Los Angles

The independent electric vehicle company is based in Los Angles

SURREY, British Columbia, Oct 07, 2021 (GLOBE NEWSWIRE) – DSG Global, Inc. (OTCQB: DSGT) (“DSGT” or the “Company”) is pleased to report that its electric vehicle division, Imperium Motor Company, will present the new all-electric INDI EV crossover sedan.

“We are pleased to announce the inclusion of the new INDI crossover sedan in our lineup at the Los Angeles International Auto Show. This will be the first major auto show for this highly anticipated all-electric vehicle. This all-new, extremely well-equipped vehicle fits perfectly into our Imperium product line with the Imperium SEV, TradePro vans and other EV models, ”said Rick Curtis, CEO of Imperium Motor Corp. “INDI is based in Los Angeles and their new model will be produced in North America with delivery expected from the fourth quarter of 2022”.

“Our vehicle lineup continues to grow and the addition of this well-designed car strengthens our company’s position in electric vehicles,” said Bob Silzer, CEO of DSG Global. “With recent federal and state government announcements regarding the transition to non-internal combustion vehicles, Imperium is in an excellent position for future growth potential.”

Last weekend, the Imperium SEV was presented at the Quebec Electric Vehicle Show, just three weeks after a successful appearance at the Montreal Electric Vehicle Show. Imperium Motor secured over 327 refundable deposits for SEV at these two events and inspired many positive reviews from the media. “They stole the show,” wrote Benoit Charette, well-known automotive journalist and podcaster.

We rely on our partner, Skywell Corp, to assemble the SEV in their factories and as demand increases we are planning assembly in North America. We expect to complete SEV approval in the fourth quarter of 2021, when we can begin accepting purchase deposits and placing sold orders. SEV reservations are not contractual obligations and there is no guarantee that reservations will result in sales.

About INDI EV

Independent Electric Vehicle Company is based in Los Angles and has full design, test and pre-production facilities. Indi wants to take the next step in personal transportation – a purely electric car designed to be your most private and social space, powered by a digital experience focused on your individual wants and needs. Their first offering is more than well equipped with all-wheel drive available, great range and performance. It compares very favorably to established and upcoming offerings in this growing segment of personal transportation.

About DSG Global

DSG Global is an emerging global technology company with a range of interconnected businesses in some of the fastest growing market sectors. Rooted in the golf industry, where it specializes in fleet management with patented analytics, mobile touchscreen engagement and electric golf carts under the Vantage Tag Systems (VTS) brand, the company is rapidly evolving with electric vehicles ready for the road for sale in the last quarter of 2021 through its subsidiary Imperium Motor Company.

About Imperium Motor Corp.

Imperium Motor Corp. (IMC) is an electric vehicle sales, manufacturing and marketing company that offers a wide variety of affordable vehicles equipped for the North American market, with an emphasis on exceptional design, green mindset, performance and functionality. The vehicles will include high-speed, medium-speed and low-speed electric vehicles, including cars, trucks, SUVs, vans, buses and scooters. For more information on Imperium Motors’ product lines, please visit www.imperiummotorcompany.com.

About Vantage Label Systems

Vantage Tag Systems (VTS) provides patented electronic tracking systems and fleet management solutions to golf courses and other avenues that enable remote management of the fleet of golf carts, turf equipment and utility vehicles. Its customers use VTS’s unique technology to dramatically reduce operating costs, improve the efficiency and profitability of their fleet operations, increase safety and improve customer satisfaction. VTS has become a leader in the fleet management category in the golf industry, with its technology installed in vehicles around the world. VTS is now embarking on several new revenue streams through programmatic advertising, licensing and distribution, as well as expansion into commercial fleet management, PACER golf carts and agricultural applications. Additional information is available at http://vantage-tag.com/.

Company details :

Brokers and analysts:
Chesapeake Group
+ 1-410-825-3930
[email protected]

Safe Harbor for forward-looking statements

This press release contains forward-looking information. These forward-looking statements or information are provided for the purpose of providing information about management’s current expectations and plans for the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Such forward-looking information may be identified by words such as “anticipated”, “proposed”, “expects”, “intention”, “could”, “will” and similar expressions. Forward-looking information contained or referred to in this press release includes, without limitation, the Company’s ability to secure its manufacturing facilities and supply chains, the benefits the Company expects to derive from the products. existing and planned, and the Company’s ability to achieve production and sales targets, in general.

Forward-looking statements or information are based on several factors and assumptions, which were used to develop such statements and information, but which may prove to be inaccurate. Although the Company believes that the expectations reflected in such forward-looking statements or information are reasonable, one should not place undue reliance on forward-looking statements as the Company cannot guarantee that such expectations will prove to be correct. Factors that could cause actual results to differ materially from those described in this forward-looking information include, but are not limited to: successful completion of due diligence, satisfaction of conditions and completion of the proposed transaction with MTG, INC. negative cash flow and future funding needs to support operations; dilution; limited trading and income history and no earnings or dividend history; competetion; economic changes; delays in the Company’s expansion plans; regulatory changes; and the impact and risks associated with the ongoing COVID-19 pandemic, including the risk of disruption to the Company’s facilities or its supply and distribution channels. The forward-looking information contained in this press release reflects the Company’s current expectations, assumptions and / or beliefs based on information currently available to the Company.

Other factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are described under the sections “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our annual report on Form 10-K for fiscal 2020 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 commitment to update any forward-looking statements. The forward-looking statements or information contained in this press release are expressly qualified by this cautionary statement.

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