DSG Global Inc. announced a material acceleration in new sales from the company's Vantage Tag GPS golf equipment and technology segment so far this year. The Company has already booked 24 new orders for 1,626 Vantage Tag GPS Fleet Management System units so far in 2022, driving $2.273 million in locked-in new sales. The Company's confirmed purchase orders include approximately $2.12 million in orders payable upon fulfillment and approximately $150,000 in recurring service revenue.

The Company's locked-in new orders already represent year-over-year topline growth of 487% when compared to data from the Company's 2021 First Quarter performance. This growth rate is likely an underestimation given that the quarter has nearly two more months and the Company has numerous additional orders in progress. DSG Global also reports being in late-stage discussions with multiple distributors seeking rights to add the new Vantage Golf Cart lineup to current offerings.

Management believes Vantage Tag is potentially on pace to sign more than fifty (50) new dealers over the next two months.