DSG Global (OTCQB: DSGT) is the parent and owner of brands and licenses for a wide range of vehicles, from Imperium Motor Corp.’s luxury electric SUVs, trucks, buses and e-bikes, to the world’s most advanced GPS-based golf cart fleet management system and state-of-the-art disruptive golf cart designs. The company today announced its entry into a memorandum of understanding (“MOU”) toward the acquisition of Australian-based Urban Group Finance (“UGF”). A specialty finance company, UGF operates in the golf cart equipment industry with direct links to the U.S. and U.K. markets to fund the production of golf cart GPS equipment, including longstanding contractual agreements with U.S.-based cart manufacturer, Club Car, and U.K.-based GPS fleet management systems company, GPSI. Robert Silzer, CEO of DSG Global, stated, “This acquisition will accomplish a number of significant steps for DSG: it will complete our global distribution rights for Shelby golf carts, it will add the Ford brand to DSG’s product portfolio, and it will provide funding to expand local sales and installation of our GPS fleet managements systems.”
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About DSG Global Inc.
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 through its Imperium Motor Company subsidiary. For more information, visit www.Vantage-Tag.com and www.ImperiumMotorCompany.com.
NOTE TO INVESTORS: The latest news and updates relating to DSGT are available in the company’s newsroom at https://ibn.fm/DSGT
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