Digital Ally announced over 110 new subscription contracts were signed throughout 2023, a notable milestone that brings the Company’s total to exceed 300 contracts, continuing to display the strong demand for our FirstVu Pro body-worn cameras and EVO-HD in-car video solutions. The Company’s switch to a subscription program model in mid-2020 has proven to be a great success and widely accepted in the industry, already surpassing $10M in deferred revenues, as adequate funding for many municipalities can often be a rigorous and slow process. The subscription model minimizes their upfront capital expenditure and allows flexibility for the customer based on their current financial situation, without having to sacrifice their urgency for video evidence technology.
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