DGLY.OB Digital Ally, Inc.

[BigSully1]

This is my ONLY OTCBB holding. Posted about it last week on the member boards, but generated no interest there, NADA like usual. Maybe someone here likes. I do.

I added more today on the news of application for a Nasdaq listing, so it shouldn't be OTCBB much longer. See bottom of post.
_______________________________________________________

DGLY.ob    Digital Ally Inc.


BUSINESS SUMMARY   
Digital Ally, Inc. engages in the design, development, manufacture, marketing, and sale of video surveillance products for law enforcement, homeland security, and commercial security applications. It primarily focuses on development of digital video imaging and storage products. The company's products include digital in-car video system and digital video flashlight. These products allow self-contained video and audio recording onto flash memory cards that are incorporated in the body of the flashlight. It also enables original equipment manufacturers in designing and manufacturing digital video subsystems to customer specifications. The company was founded in 2003 and is headquartered in Leawood, Kansas.

http://stockcharts.com/h-sc/ui?s=DGLY&p=D&yr=0&mn=5&dy=0&id=p66600901484

Here's the ER;

Digital Ally, Inc. Reports Record Third Quarter Sales and Earnings
Wednesday November 7, 8:30 am ET 
Basic E.P.S. of $0.06 in Third Quarter and $0.10 in Nine Months, Exclusive of Income Tax Benefits, Compared With Losses in Prior-Year Periods


OVERLAND PARK, Kan., Nov. 7 /PRNewswire-FirstCall/ -- Digital Ally, Inc. (OTC Bulletin Board: DGLY - News), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial security applications, today announced record revenue and net income for the third quarter and first nine months of 2007. An investor conference call is scheduled for 11:00 a.m. EST today, November 7, 2007 (see details below).
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For the three months ended September 30, 2007, revenue increased 255% to approximately $5.1 million, when compared with revenue of approximately $1.4 million in the third quarter of 2006. Revenue in the most recent quarter increased 34% when compared with approximately $3.8 million in the second quarter of 2007 and continued a trend of impressive sequential growth in quarterly sales that began when Digital Ally commenced shipping its advanced digital surveillance products in March 2006.

Gross profits totaled $3,557,032 in the third quarter of 2007, and gross profit margin reached a record 69.7% of revenue. The Company reported net income of $2,973,562 in the quarter ended September 30, 2007, versus a net loss of ($1,240,663) in the third quarter of the previous year. Basic earnings per share of $0.21 in the quarter ended September 30, 2007, compared with a net loss of ($0.10) per share in the prior-year period. Diluted earnings per share totaled $0.18 in the quarter ended September 30, 2007, versus a net loss of ($0.10) per share in the third quarter of 2006. Net income for the three months ended September 30, 2007 included a $2,153,143 income tax benefit. This benefit resulted from the Company's reduction of its deferred tax valuation allowance due to the utilization of its net operating loss carryforward in the quarter and anticipated future usage of the carryforward because of its expected profitability, among other items. Excluding this income tax benefit, the Company would have reported record net income of $820,419, or $0.06 per basic and $0.05 per diluted share, for the quarter ended September 30, 2007.

The Company incurred non-cash stock compensation expense of $385,756 for the quarter ended September 30, 2007, compared with $744,832 in the prior-year quarter.

"I am very pleased to report that the sales and earnings momentum evident during the first half of 2007 was maintained, and in fact accelerated, during the third quarter, as our domestic and international orders from law enforcement agencies continued to expand," stated Stanton E. Ross, Chief Executive Officer of the Company. "Highlights of the third quarter included the development of several new features that enhance the functionality and utility of our DVM-500 Digital In-Car Video System Integrated into a Rearview Mirror. In July, we announced the availability of a wireless software file transfer feature that allows law enforcement officers to easily and inexpensively download video files from the DVM-500 to police headquarters or other remote locations. Shortly after the end of the third quarter, we introduced at the 114th Annual Association of Chiefs of Police (IACP) Conference in New Orleans our Live Streaming Video solution, which will allow the DVM-500 to transmit live video of field activities to headquarters and multiple other locations, while at the same time recording the video. At the IACP Conference, we also introduced our new VideoManager Server, which enhances the ability of authorized headquarters personnel to view, upload, playback, search and manage DVM-500 video files from any networked computer with proper access rights."

"While ramping up production at our Kansas City facilities has proven to be quite a challenge during this period of rapid sales growth, I am pleased with the progress we have made in this regard," continued Ross. "We shipped approximately 1,250 DVM-500 units, along with a modest number of Digital Video Flashlights (DVF), in the most recent quarter, which exceeded our expectations of just a few months earlier."

For the nine months ended September 30, 2007, the Company's revenue totaled approximately $12.4 million, compared with revenue of approximately $2.3 million in the first nine months of 2006. Gross profits totaled $8,271,618 in the first nine months of 2007, for a gross profit margin of 66.9% of revenue, compared with gross profits of $1,276,718 (56.2% of revenue) for the nine months ended September 30, 2006.

The Company reported net income of $3,539,584 for the nine months ended September 30, 2007, versus a net loss of ($3,196,034) in the corresponding period of the previous year. Basic earnings per share of $0.26 in the first nine months of 2007 compared with a net loss of ($0.25) per share in the year-earlier period. Diluted earnings per share totaled $0.23 in the nine months ended September 30, 2007, versus a net loss of ($0.25) per share in the first nine months of 2006. Net income for the nine months ended September 30, 2007 included a $2,153,143 income tax benefit. This benefit resulted from the Company's reduction of its deferred tax valuation allowance due to the utilization of its net operating loss carryforward in the period and anticipated future usage of the carryforward because of its expected profitability, among other items. Excluding this income tax benefit, the Company would have reported record net income of $1,386,441, or $0.10 per basic and $0.09 per diluted share, for the nine months ended September 30, 2007.

The Company incurred non-cash stock compensation expense of $1,294,278 for the nine months ended September 30, 2007, compared with $1,578,336 in the corresponding period of the previous year.

"From a balance sheet perspective, our financial condition continued to strengthen during the first nine months of 2007," observed Ross. "As of September 30, 2007, we had no debt outstanding and our shareholders' equity totaled approximately $7.5 million. By comparison, at the end of 2006, the Company had $1 million in outstanding debt and shareholders' equity of approximately $1.9 million."

The Company will host an investor conference call at 11:00 a.m. Eastern Time today, November 7, 2007, to discuss its third quarter and nine-month operating results and the outlook for the balance of 2007. Shareholders and other interested parties may participate in the conference call by dialing 866-406-5369 (international/local participants dial 973-582-2847) and referencing the ID code 9407945 a few minutes before 11:00 a.m. EST on November 7, 2007. A replay of the conference call will be available two hours after completion of the conference call from November 7, 2007 until November 14, 2007 by dialing 877-519-4471 (international/local participants dial 973-341-3080) and entering the conference ID 9407945.

About Digital Ally, Inc.

Digital Ally, Inc. develops, manufactures and markets advanced technology products for law enforcement, homeland security and commercial security applications. The Company's primary focus is the field of Digital Video Imaging and Storage. For additional information, visit http://www.digitalallyinc.com

The Company is headquartered in Overland Park, Kansas, and its shares are traded on the OTC Bulletin Board 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: the Company's ability to raise sufficient capital to continue to implement its business plan; its ability to have all of its product offerings perform as planned or advertised; whether there will be a commercial market, domestically and internationally, for one or more of its products; its ability to commercialize its products and production processes, including increasing its production capabilities to meet orders; its ability to continue increasing revenue and profits; whether the Company will be able to adapt its technology to new and different uses, including being able to introduce new products; competition from larger, more established companies with far greater economic and human resources; its ability to attract and retain customers and quality employees; its ability to obtain patent protection on any of its products and, if obtained, to defend such intellectual property rights; 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 always 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," 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.



                 For Additional Information, Please Contact:

                    Stanton E. Ross, CEO at (913) 814-7774
                                      or
RJ Falkner & Company, Inc., Investor Relations Counsel at (800) 377-9893 or

                       via email at [email protected]


                        (Financial Highlights Follow)



                              DIGITAL ALLY, INC.
                           CONDENSED BALANCE SHEETS
                   SEPTEMBER 30, 2007 AND DECEMBER 31, 2006

                                                  (Unaudited)      (Audited)
                                                  September 30,   December 31,
                                                      2007           2006

    Assets
    Current assets
      Cash                                          $199,295        $57,160
      Accounts receivable-trade                    2,804,758        977,826
      Accounts receivable-other                      168,491        225,716
      Inventories                                  2,230,995      1,526,222
      Prepaid expenses                               497,431        422,279
      Deferred taxes                               2,153,143             --
          Total current assets                     8,054,113      3,209,203
    Equipment                                        982,914        622,592
    Less accumulated depreciation                    240,256        114,851
                                                     742,658        507,741
    Other Assets                                     133,645         59,305
      Total Assets                                $8,930,416     $3,776,249
    Liabilities and Stockholders' Equity
    Current liabilities
      Note payable                                       $--       $500,000
      Line of credit                                      --        500,000
      Accounts payable                               901,044        651,902
      Accrued expenses                               495,582        180,573
      Customer deposits                               16,479         20,899
          Total current liabilities                1,413,105      1,853,374
    Unearned Income                                   13,322          5,248
    Commitments
    Stockholders' equity
      Common stock, $0.001 par value;
       75,000,000 shares authorized;
       Shares issued and outstanding:
       13,996,527 - 2007; 13,309,027 - 2006           13,997         13,309
      Additional paid in capital                  11,482,856      9,436,766
      Accumulated Deficit                         (3,992,864)    (7,532,448)
          Total Stockholders' Equity               7,503,989      1,917,627
        Total Liabilities and
         Stockholders' Equity                     $8,930,416     $3,776,249



                              DIGITAL ALLY, INC.
                      CONDENSED STATEMENTS OF OPERATIONS
                     FOR THE THREE MONTHS AND NINE MONTHS
                      ENDED SEPTEMBER 30, 2007 AND 2006

                               (Unaudited)                 (Unaudited)
                           Three Months Ended           Nine Months Ended
                       September 30, September 30, September 30, September 30,
                           2007          2006          2007          2006

    Revenue             $5,100,525    $1,434,573   $12,359,594    $2,272,017
    Cost of sales        1,543,493       610,854     4,087,976       995,299
      Gross profit       3,557,032       823,719     8,271,618     1,276,718
    Operating expenses   2,742,469     2,057,868     6,873,104     4,464,794
      Operating income
       (loss)              814,563    (1,234,149)    1,398,514    (3,188,076)
    Financial income
     (expense)
      Interest income        6,445         2,308        15,630        18,220
      Interest expense        (589)       (8,822)      (27,703)      (26,178)
                             5,856        (6,514)      (12,073)       (7,958)
      Income (Loss) before
       provision for income
       taxes (benefits)    820,419    (1,240,663)    1,386,441    (3,196,034)
    Income tax provision
     (benefits)         (2,153,143)           --    (2,153,143)           --
    Net income (loss)   $2,973,562   $(1,240,663)   $3,539,584   $(3,196,034)

    Net income (loss) per
     share information:
      Basic                  $0.21        $(0.10)        $0.26        $(0.25)
      Diluted                $0.18        $(0.10)        $0.23        $(0.25)

    Weighted average
     shares outstanding:
      Basic             13,963,820    12,669,805    13,637,108    12,669,805
      Diluted           16,087,850    12,669,805    15,141,322    12,669,805



                              DIGITAL ALLY, INC.
                      CONDENSED STATEMENT OF CASH FLOWS

                                                        (Unaudited)
                                                     Nine Months Ended
                                                 September 30, September 30,
                                                      2007          2006

    Cash Flows From Operating Activities
      Net income (loss)                           $3,539,584    $(3,196,034)
      Adjustments to reconcile net income
       (loss) to net cash flows (used in)
       operating activities
        Depreciation                                 125,405         52,804
        Stock option expense                       1,294,278      1,578,336
        Shares of common stock issued
         in lieu of cash compensation                 87,500        215,000
        Reserve for inventory obsolescence           185,394             --
        Reserve for bad debt allowance                27,646             --
        Deferred tax (benefits)                   (2,153,143)            --

      Change in assets and liabilities
      (Increase) decrease in
        Accounts receivable - trade               (1,854,578)      (817,336)
        Accounts receivable - other                   57,225       (127,931)
        Inventories                                 (890,167)      (662,553)
        Prepaid expenses                             (75,152)      (333,788)
        Other assets                                 (63,503)       (39,942)
      Increase (decrease) in
        Accounts payable                             249,142        323,151
        Accrued expenses                             315,009         67,999
        Customer deposits                             (4,420)          (576)
        Other liabilities                              8,074          6,362
      Net cash provided by (used in)
       operating activities                          848,294     (2,934,508)
    Cash Flows from Investing Activities
      Purchases of equipment                        (360,322)      (287,826)
      (Increase) in other assets - deposits          (10,837)            --
      Net cash (used in) investing activities       (371,159)      (287,826)
    Cash Flows from Financing Activities
      Principal payments on line of credit          (500,000)            --
      Proceeds from exercise of
       stock options and warrants                    165,000         50,000
      Proceeds from sale of common stock                  --      1,601,468
      Net cash provided by (used in)
       financing activities                         (335,000)     1,651,468
    Increase (decrease) in cash                      142,135     (1,570,866)
    Cash, beginning of period                         57,160      1,807,922
    Cash, end of period                             $199,295       $237,056
    Supplemental disclosures of
     cash flow information
      Cash payments for interest                     $27,703        $26,178
    Supplemental disclosures of non-cash
     investing and financing activities
    Common stock issued for settlements
     of note payable                                $500,000            $--


NOTE: FOR MORE DETAILED INFORMATION REFER TO THE COMPANY'S QUARTERLY REPORT ON FORM 10-QSB FOR THE QUARTER ENDED SEPTEMBER 30, 2007 FILED WITH THE SEC.


http://biz.yahoo.com/e/071107/dgly.ob10qsb.html
____________________________________________________________________________
Source: Digital Ally, Inc.


Digital Ally, Inc. Applies to List Common Stock on the NASDAQ Capital Market
Thursday November 15, 8:30 am ET


OVERLAND PARK, Kan., Nov. 15 /PRNewswire-FirstCall/ -- Digital Ally, Inc. (OTC Bulletin Board: DGLY - News), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial security applications, today announced that the Company has applied for a listing of its common stock on The NASDAQ Capital Market.
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"We believe that Digital Ally, Inc. now complies with all of the listing requirements for The NASDAQ Capital Market, and we have filed the appropriate documents with NASDAQ to apply for such listing," stated Stanton E. Ross, Chief Executive Officer of the Company. "In light of the strong sales and earnings growth achieved by the Company in recent quarters, we believe it is appropriate to list Digital Ally's common stock on the widely respected NASDAQ Stock Market. Our goal in seeking this listing is to broaden our exposure to potential investors and improve the trading liquidity of our stock."

Approval of the listing application is subject to a qualitative and quantitative review process by NASDAQ.

About Digital Ally, Inc.

Digital Ally, Inc. develops, manufactures and markets advanced technology products for law enforcement, homeland security and commercial security applications. The Company's primary focus is the field of Digital Video Imaging and Storage. For additional information, visit http://www.digitalallyinc.com

The Company is headquartered in Overland Park, Kansas, and its shares are traded on the OTC Bulletin Board 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: the Company's ability to raise sufficient capital to continue to implement its business plan; whether the Company's application for a NASDAQ Capital Market listing will be approved; the Company's ability to have all of its product offerings perform as planned or advertised; whether there will be a commercial market, domestically and internationally, for one or more of its products; its ability to commercialize its products and production processes, including increasing its production capabilities to meet orders; its ability to continue increasing revenue and profits; whether the Company will be able to adapt its technology to new and different uses, including being able to introduce new products; competition from larger, more established companies with far greater economic and human resources; its ability to attract and retain customers and quality employees; its ability to obtain patent protection on any of its products and, if obtained, to defend such intellectual property rights; 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 always 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", 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.


                 For Additional Information, Please Contact:
                    Stanton E. Ross, CEO at (913) 814-7774
                                      or
   RJ Falkner & Company, Inc., Investor Relations Counsel at (800) 377-9893
                      or via email at [email protected]

[Houlahan]

How long does the review process by NASDAQ take?

[BigSully1]

Good question Houlihan. I can't really remember from the very few past experiences I've had on the matter. I don't think there is a set timeline. Hopefully the company really has all their stuff together or went through the optional preliminary review process with officials before applying. Nasdaq could also request additional info which could slow down the process.

If the application were to be denied, then an appeal hearing could be scheduled.

Maybe someone else has a better answer.

[BigSully1]

Here is an interesting fact, they only starting selling their products little more than a year ago. Seems to have very rapidly growing demand. Still speculative for now, at least for me. I intend to investigate alot more (physically) as I did when TRLG was TRLG.OB

"The Company was a development stage company since its inception, with activities up to this point focused on getting our products fully developed for market. This activity led to the completion of our first units late in the first quarter 2006, and the Company became an operating company during second quarter 2006. Sales for the quarters ended September 30, 2007 and 2006 were $5,100,525 and $1,434,573, respectively, an increase of $3,665,952 (255.5%), as the Company started shipping product at the end of March 2006. The significant increase this year was the result of continued acceptance of our product in the marketplace as we have been in production for the last year. "

[BigSully1]

 A big International order now. I'm telling you guys, I really think Digital Ally is going to be a BIG.winner.

http://stockcharts.com/h-sc/ui?s=DGLY&p=D&yr=0&mn=5&dy=0&id=p66600901484

Source: Digital Ally, Inc.


Digital Ally, Inc. Receives $5.1 Million International Order for DVM-500 In-Car Video Systems
Thursday November 29, 8:00 am ET 
LARGEST ORDER IN COMPANY'S HISTORY ASSURES RECORD SALES IN FOURTH QUARTER OF 2007


OVERLAND PARK, Kan., Nov. 29 /PRNewswire-FirstCall/ -- Digital Ally, Inc. (OTC Bulletin Board: DGLY - News), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial security applications, today announced that it has received an international order valued at approximately $5.1 million. The order is for DVM-500 In-Car Digital Video Systems Integrated into Rearview Mirrors, and an initial payment of $1.9 million has been received. Unit shipments will commence immediately and will continue upon receipt of future installment payments until the contract has been fully satisfied.
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"Law enforcement agencies in a growing number of countries have been testing our DVM-500 In-Car Digital Video Systems throughout 2007, and we are very pleased to announce the receipt of this order, which is the largest in our Company's history," stated Stanton E. Ross, Chief Executive Officer of Digital Ally, Inc. "While most of the units included in the order are currently scheduled for shipment to the customer in the current quarter, it is possible that some of the units may not ship until early in 2008. When combined with our sales to other customers, this order assures that we will post record sales for the seventh consecutive quarter in the three months ending December 31, 2007. We look forward to continued growth next year."

About Digital Ally, Inc.

Digital Ally, Inc. develops, manufactures and markets advanced technology products for law enforcement, homeland security and commercial security applications. The Company's primary focus is the field of Digital Video Imaging and Storage. For additional information, visit http://www.digitalallyinc.com

The Company is headquartered in Overland Park, Kansas, and its shares are traded on the OTC Bulletin Board 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: the Company's ability to raise sufficient capital to continue to implement its business plan; whether the Company's application for a NASDAQ Capital Market listing will be approved; the Company's ability to have its product offerings perform as planned or advertised; whether there will be a commercial market, domestically and internationally, for one or more of its products; its ability to commercialize its products and production processes, including increasing its production capabilities to meet orders; its ability to continue increasing revenue and profits; whether the Company will be able to adapt its technology to new and different uses, including being able to introduce new products; competition from larger, more established companies with far greater economic and human resources; its ability to attract and retain customers and quality employees; its ability to obtain patent protection on any of its products and, if obtained, to defend such intellectual property rights; 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 always 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", 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.


                 For Additional Information, Please Contact:

                    Stanton E. Ross, CEO at (913) 814-7774
                                      or
RJ Falkner & Company, Inc., Investor Relations Counsel at (830) 693-4400 or
                       via email at [email protected]

[BigSully1]

New high.

Source: Digital Ally, Inc.


Digital Ally, Inc. Expects 2007 Sales to Exceed $19 Million
Thursday December 6, 8:30 am ET 
COMPANY RETAINS NEW TRANSFER AGENT TO BE ELIGIBLE FOR NASDAQ CAPITAL MARKET LISTING


OVERLAND PARK, Kan., Dec. 6 /PRNewswire-FirstCall/ -- Digital Ally, Inc. (OTC Bulletin Board: DGLY - News), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial security applications, today announced that it has received a second installment payment in the amount of $1.9 million for DVM-500 In-Car Video Systems purchased by an international law enforcement agency in accordance with a $5.1 million order that was announced on November 29, 2007. Unit shipments commenced upon receipt of an initial installment payment in late November, and the entire order should be delivered to the customer during the fourth quarter of 2007 and the first quarter of 2008.
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"I am pleased to report that our sales during the current quarter, to date, exceed $5.8 million, surpassing the Company's previous quarterly record of $5.1 million in the three months ended September 30, 2007," stated Stanton E. Ross, Chief Executive Officer of Digital Ally, Inc. "This will be our seventh consecutive quarter of record sales and should allow revenues for the full year to reach or exceed $19 million, compared with revenues of $4.1 million in 2006."

The Company also announced that it has retained First American Stock Transfer, Inc. as its new transfer agent and amended its Bylaws to permit it to participate in a Direct Registration Program for its common stock. The Company took these steps to meet certain requirements for the listing of its common stock on The NASDAQ Capital Market. Digital Ally, Inc. announced its application for a NASDAQ Capital Market listing on November 15, 2007, which application is pending.

About Digital Ally, Inc.

Digital Ally, Inc. develops, manufactures and markets advanced technology products for law enforcement, homeland security and commercial security applications. The Company's primary focus is the field of Digital Video Imaging and Storage. For additional information, visit http://www.digitalallyinc.com

The Company is headquartered in Overland Park, Kansas, and its shares are traded on the OTC Bulletin Board 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: the Company's ability to raise sufficient capital to continue to implement its business plan; whether the Company's application for a NASDAQ Capital Market listing will be approved; the Company's ability to have its product offerings perform as planned or advertised; whether there will be a commercial market, domestically and internationally, for one or more of its products; its ability to commercialize its products and production processes, including increasing its production capabilities to meet orders; its ability to continue increasing revenue and profits; whether the Company will be able to adapt its technology to new and different uses, including being able to introduce new products; competition from larger, more established companies with far greater economic and human resources; its ability to attract and retain customers and quality employees; its ability to obtain patent protection on any of its products and, if obtained, to defend such intellectual property rights; 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 always 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", 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.


                 For Additional Information, Please Contact:

                    Stanton E. Ross, CEO at (913) 814-7774
                                      or
RJ Falkner & Company, Inc., Investor Relations Counsel at (830) 693-4400 or
                       via email at [email protected]

[BigSully1]

another new high.

[Houlahan]

wow BigSully this is futuristic stuff!
Video recorders in the rear view mirror is not totally surprising, but.. now they are placing video recorders in the cops flashlight!! that is incredible. Plus, it is real-time on the monitor at headquarters. One step closer to the Minority Report scene.

This is copied from website.

"This solution will allow the DVM-500 to transmit live video to headquarters and
record the video at the same time," noted Stanton E. Ross, Chief Executive Officer
of Digital Ally, Inc. "It will provide law enforcement personnel with more effective
tools for situation analysis by allowing them to view secure real-time video from the
field using a web browser, without the need for proprietary equipment or software.
Such technology integration will allow for true centralized real-time access to critical
information."

"Live streaming video becomes a 'virtual partner' for police officers when they are on
duty," continued Ross. "Headquarters personnel can now view video from every
DVM in the field and, if necessary, other officers and first responders can
simultaneously access the same video from their mobile data terminals. Faster
back-up response is facilitated by this technology, which extends the support of
headquarters and other first responders when necessary."

[BigSully1]

Digital Ally, Inc. Approved for Listing on NASDAQ Capital Market
Wednesday December 26, 12:24 pm ET 
TRADING ON NASDAQ UNDER SYMBOL DGLY' TO BEGIN JANUARY 2, 2008


OVERLAND PARK, Kan., Dec. 26 /PRNewswire-FirstCall/ -- Digital Ally, Inc. (OTC Bulletin Board: DGLY - News), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial security applications, today announced that its common stock has been approved for listing on The NASDAQ Capital Market, where trading is scheduled to commence on January 2, 2008 under the symbol "DGLY".
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"We are very pleased to have achieved this important milestone in Digital Ally's corporate development," noted Stanton E. Ross, Chairman and Chief Executive Officer of the Company. "A NASDAQ listing has been one of our key strategic goals, as we expect it to expand our audience of potential investors and improve the liquidity of our shareholders' investment in the Company's common stock."

About Digital Ally, Inc.

Digital Ally, Inc. develops, manufactures and markets advanced technology products for law enforcement, homeland security and commercial security applications. The Company's primary focus is the field of Digital Video Imaging and Storage. For additional information, visit http://www.digitalallyinc.com

The Company is headquartered in Overland Park, Kansas, and its shares are traded on the OTC Bulletin Board 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: the Company's ability to raise sufficient capital to continue to implement its business plan; the Company's ability to have its product offerings perform as planned or advertised; whether there will be a commercial market, domestically and internationally, for one or more of its new products; its ability to commercialize its products and production processes, including increasing its production capabilities to meet orders; its ability to continue increasing revenue and profits; whether the Company will be able to adapt its technology to new and different uses, including being able to introduce new products; competition from larger, more established companies with far greater economic and human resources; its ability to attract and retain customers and quality employees; its ability to obtain patent protection on any of its products and, if obtained, to defend such intellectual property rights; 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 always 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", 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.



                 For Additional Information, Please Contact:

                    Stanton E. Ross, CEO at (913) 814-7774
                                      or
RJ Falkner & Company, Inc., Investor Relations Counsel at (800) 377-9893 or
                       via email at [email protected]

[BigSully1]

Digital Ally, Inc. Celebrates Record 2007 Accomplishments and Rings in the New Year With NASDAQ Listing
Wednesday January 2, 8:00 am ET


OVERLAND PARK, Kan., Jan. 2 /PRNewswire-FirstCall/ -- The common stock of Digital Ally, Inc. (Nasdaq: DGLY - News), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial security applications, begins trading on the NASDAQ Capital Market today, January 2, 2008.
"We consider the listing of our stock on NASDAQ a noteworthy way to celebrate the Company's significant accomplishments in 2007 and to anticipate new achievements in 2008," observed Stanton E. Ross, Chairman and Chief Executive Officer of the Company. "While many of last year's accomplishments have been previously disclosed in news releases, a review of key 2007 milestones seems appropriate as we begin the New Year."


    Highlights of Year Ended December 31, 2007:

    -- Sales exceeded $19 million, representing an increase of over 360% when
       compared with 2006 sales of $4.1 million.

    -- Record sales were posted in each sequential quarter during the year,
       with the three months ended December 31, 2007 representing the seventh
       consecutive quarter of record sales since the Company began shipping
       its products to law enforcement agencies in March 2006.

    -- The Company received the largest contract in its history in November
       2007 when an international customer placed an order valued at $5.1
       million for units of its DVM-500 In-Car Digital Video System Integrated
       into a Rearview Mirror.

    -- New features that enhance the performance of the Company's in-car video
       systems, including wireless downloading, live streaming video, and a
       new secure centralized video management system, were introduced at the
       114th Annual International Association of Chiefs of Police Conference
       in New Orleans in October 2007.

    -- The Company received statewide contracts from five states during 2007.
       These contracts generally authorize all city, county and state law
       enforcement agencies in the respective states to purchase Digital Ally
       products at contractually negotiated prices.

    -- The Company strengthened its management team and Board of Directors in
       anticipation of the demands that further growth opportunities will
       place upon corporate resources in 2008.

    -- Trading in the Company's common stock moved from the Pink Sheets to the
       OTC Bulletin Board in July 2007, and the Company was approved for
       listing on The NASDAQ Capital Market in December 2007. The price of
       DGLY common shares rose 312% during the year, from $1.77 at the close
       of trading in 2006 to a closing price of $7.30 on December 31, 2007.


"We enter the New Year with significant opportunities and challenges ahead of us," continued Ross. "We expect continued strong growth in demand for our existing and planned new products from the law enforcement community during 2008. In addition, we have identified new opportunities for our digital surveillance technology in the school bus, mass transit, and military markets, some of which will be addressed with new product introductions as the year progresses. Our greatest challenge, we believe, will revolve around our ability to expand manufacturing and distribution capabilities efficiently in order to meet the growing demand for our current products. We have already devoted considerable resources towards meeting this challenge, and we expect 2008 to be another year of record sales and earnings for Digital Ally."

About Digital Ally, Inc.

Digital Ally, Inc. develops, manufactures and markets advanced technology products for law enforcement, homeland security and commercial security applications. The Company's primary focus is the field of Digital Video Imaging and Storage. For additional information, visit http://www.digitalallyinc.com

The Company is headquartered in Overland Park, 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: the Company's ability to raise sufficient capital to continue to implement its business plan; the Company's ability to have its product offerings perform as planned or advertised; whether there will be a commercial market, domestically and internationally, for one or more of its new products; its ability to commercialize its products and production processes, including increasing its production capabilities to meet orders in a cost-effective manner; its ability to increase revenue and profits to record levels in 2008; whether the Company will be able to adapt its technology to new and different uses, including being able to introduce new products into new markets on a commercial basis; competition from larger, more established companies with far greater economic and human resources; its ability to attract and retain customers and quality employees; its ability to obtain patent protection on any of its products and, if obtained, to defend such intellectual property rights; 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 always 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", 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.



                 For Additional Information, Please Contact:

                    Stanton E. Ross, CEO at (913) 814-7774
                                      or
RJ Falkner & Company, Inc., Investor Relations Counsel at (800) 377-9893 or
                       via email at [email protected]

[Houlahan]

Congrats Bigsully! DGLY is on the NASDAQ! That was fast. They must have had everything in order. That speaks well for the company. I hope it turns out to be a 10 bagger for you!

[BigSully1]

Thanks Houlihan, best wishes to you for the new year. DGLY is behaving weirdly today. hit a new high (7.90) on big volume, but last trade now is only 6.65. I'll continue holding.

[Houlahan]

Did this heading throw everyone off and they sold?

DIGITAL ALLY INC Files SEC form 8-K, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard;

http://biz.yahoo.com/e/080103/dgly8-k.html

[Stocky2000]

Chart looks bullish even in this downmarket...

[BigSully1]

volume picking up today