SURREY, British Columbia, Feb. 23, 2022 (GLOBE NEWSWIRE) — DSG World, Inc. (OTCQB:DSGT) (“DSGT” or the “Firm”), the mother or father and proprietor of manufacturers and licenses for a variety of autos, from Imperium Motor Corp’s luxurious electrical SUV’s, vehicles, buses, and e-bikes, to the world’s most superior GPS-based golf cart fleet administration system and state-of-the-art disruptive golf cart designs, is happy to announce the signing of a Memorandum of Understanding (the “MOU”) towards the acquisition of Australian-based City Group Finance (“UGF”).
UGF is a specialty finance firm working within the golf cart gear business with direct hyperlinks to the US and UK markets to fund the manufacturing of golf cart GPS gear, together with longstanding contractual agreements with US-based cart producer, Membership Automobile, and UK-based GPS fleet administration programs firm, GPSI.
The expiration of the Membership Automobile and GPSI contracts with UGF opens the door for funding to drive the growth of DSG’s tag fleet administration enterprise. UGF can also be the only distributor of Ford and Shelby formally licensed Golf Cart distribution in Australia and New Zealand.
Robert Silzer, CEO of DSG World, said, “This acquisition will accomplish numerous vital steps for DSG: it is going to full our international distribution rights for Shelby golf carts, it is going to add the Ford model to DSG’s product portfolio, and it’ll present funding to increase native gross sales and set up of our GPS fleet managements programs.”
Silzer added, “DSG World can also be in superior parallel negotiations with distributors for Ford, Shelby, and DSG Fleet administration programs all through Australia, New Zealand, and a number of other Pacific nations together with Samoa, Fiji, and Tonga, and we stay up for disclosing additional particulars in upcoming bulletins as contracts are executed.”
About DSG World
DSG World is an rising international expertise firm with an array of interconnecting companies in a few of the fastest-growing market sectors. With roots within the golf business, during which it focuses on fleet administration with patented analytics, cell contact display engagement and electrical golf carts underneath the Vantage Tag Programs (VTS) model, the Firm is transferring rapidly with road-ready electrical autos on the market within the final quarter of 2021 by its Imperium Motor Firm subsidiary.
About Vantage Tag Programs
Vantage Tag Programs (VTS) supplies patented digital monitoring programs and fleet administration options to golf programs and different venues that permit for distant administration of the course’s fleet of golf carts, turf gear and utility autos. Its purchasers use VTS’ distinctive expertise to considerably cut back operational prices, enhance the effectivity plus profitability of their fleet operations, enhance security and improve buyer satisfaction. VTS has grown to turn into a pacesetter within the class of fleet administration within the golf business, with their expertise put in in autos worldwide. VTS is now branching into a number of new streams of income by programmatic promoting, licensing, and distribution, in addition to increasing into business fleet administration, Marshal single rider golf cart, and agricultural functions.
Further info is on the market at http://vantage-tag.com/
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