Digital Ally, Inc. (NASDAQ: DGLY) – Kustom Entertainment, Inc.
(“Kustom Entertainment”), a premier live event marketing and
concert production company and current subsidiary of Digital Ally
Inc. (“Digital Ally”) (Nasdaq: DGLY), is thrilled to announce the
recent acquisition of the renowned Country Stampede Music Festival.
This strategic move marks a significant milestone for Kustom
Entertainment, solidifying its presence and influence in the
entertainment industry.
Established in 1996, the Country Stampede Music
Festival is an annual three-day outdoor music and camping
extravaganza that has become a cherished tradition, attracting
country music enthusiasts from far and wide. The festival,
nationally recognized as one of the largest music festivals in the
Midwest, has hosted some of the biggest names in country music,
including Taylor Swift, Chris Stapleton, Kenny Chesney, Faith Hill,
Miranda Lambert, Reba McEntire, Tim McGraw, Jason Aldean, Luke
Bryan, LeAnn Rimes, and many more.
Country Stampede won the coveted Governor’s
Outstanding Tourism Event award in the State of Kansas and has been
honored with numerous other awards over the years. Television shows
such as the CMT Top 20 Countdown, Ellen, and The Outdoor Channel
have filmed and broadcast live from the Country Stampede Music
Festival.
Expressing his excitement about the acquisition,
Stan Ross, CEO of Kustom Entertainment, stated, "We are honored to
carry on the tradition of Country Stampede Music Festival. This
acquisition is more than a business venture; it is a celebration of
the rich history and culture of country music. We are committed to
preserving the festival's legacy while introducing new elements
that will captivate music fans for years to come."
Kustom Entertainment plans to build upon this
festival’s legacy and broaden the presence of Country Stampede in
further states in the years to come. Kustom Entertainment promises
a seamless transition for both fans and partners, and an
unforgettable experience for all attendees. The festival features a
2024 lineup that includes Chris Janson, Riley Green, Jon Pardi,
among other artists, and runs this summer from June 27th to 29th at
Azura Amphitheatre in Bonner Springs, Kansas.
Get your tickets at www.countrystampede.com
About Kustom Entertainment,
Inc.
Kustom Entertainment, Inc., a wholly owned
subsidiary of Digital Ally, provides oversight to currently wholly
owned subsidiaries TicketSmarter, Inc. (“Ticket Smarter”), Kustom
440, Inc. (“Kustom 440”), and BirdVu Jets, Inc. (“BirdVu Jets”).
Kustom Entertainment is focused on live event and concert
production, to accompany TicketSmarter’s primary and secondary
ticketing options.
TicketSmarter offers tickets to more than
125,000 live events ranging from concerts to sports and theatre
shows. TicketSmarter is the official ticket resale partner of 35+
collegiate conferences, 300+ universities, and hundreds of events
and venues nationally. TicketSmarter is a primary and secondary
ticketing solution for events and high-profile venues across North
America. For more information,
visit www.Ticketsmarter.com.
Established in late 2022, Kustom 440 is an
entertainment division of Kustom Entertainment, Inc., whose mission
it is to attract, manage and promote concerts, sports and private
events. Kustom 440 is unique in that it brings a primary and
secondary ticketing platform, in addition to its well-established
relationships with artists, venues, and municipalities. For more
information, visit www.Kustom440.com.
For more information, contact:
Stanton E. Ross, CEOInfo@kustoment.com
Forward-Looking Statements
This press release contains certain
forward-looking statements within the meaning of the “safe harbor”
provisions of the Private Securities Litigation Reform Act of 1955.
These forward-looking statements include, without limitation, the
products offered by Kustom Entertainment and the markets in which
it operates, and Kustom Entertainment’s projected future results.
Words such as “believe,” “project,” “expect,” “anticipate,”
“estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,”
“may,” “should,” “will,” “would,” “will be,” “will continue,” “will
likely result,” and similar expressions are intended to identify
such forward-looking statements. Forward-looking statements are
predictions, projections and other statements about future events
that are based on current expectations and assumptions and, as a
result, are subject to significant risks and uncertainties that
could cause the actual results to differ materially from the
expected results. Most of these factors are outside Kustom
Entertainment’s control and are difficult to predict. Factors that
may cause actual future events to differ materially from the
expected results, include, but are not limited to: (i) the risk of
downturns and the possibility of rapid change in the highly
competitive industry in which Kustom Entertainment operates, (ii)
the risk that demand for Kustom Entertainment’s services may be
decreased due to a decrease in the number of large-scale sporting
events, concerts and theater shows, (iii) the risk that any adverse
changes in Kustom Entertainment’s relationships with buyer, sellers
and distribution partners may adversely affect the business,
financial condition and results of operations, (iv) the risk that
Changes in Internet search engine algorithms and dynamics, or
search engine disintermediation, or changes in marketplace rules
could have a negative impact on traffic for Kustom Entertainment’s
sites and ultimately, its business and results of operations; (vi)
the risk that any decrease in the willingness of artists, teams and
promoters to continue to support the secondary ticket market may
result in decreased demand for Kustom Entertainment’s services;
(vii) the risk that Kustom Entertainment is not able to maintain
and enhance its brand and reputation in its marketplace, adversely
affecting Kustom Entertainment’s business, financial condition and
results of operations, (viii) the risk of the occurrence of
extraordinary events, such as terrorist attacks, disease epidemics
or pandemics, severe weather events and natural disasters, (ix) the
risk that because Kustom Entertainment’s operations are seasonal
and its results of operations vary from quarter to quarter and year
over year, its financial performance in certain financial quarters
or years may not be indicative of, or comparable to, Kustom
Entertainment’s financial performance in subsequent financial
quarters or years; (x) the risk that periods of rapid growth and
expansion could place a significant strain on Kustom
Entertainment’s resources, including its employee base, which could
negatively impact Kustom Entertainment’s operating results; (xi)
the risk that Kustom Entertainment may never achieve or sustain
profitability; (xii) the risk that Kustom Entertainment may need to
raise additional capital to execute its business plan, which many
not be available on acceptable terms or at all; (xiii) the risk
that third-parties suppliers and manufacturers are not able to
fully and timely meet their obligations and (xiv) the risk that
Kustom Entertainment is unable to secure or protect its
intellectual property. The foregoing list of factors is not
exhaustive. Forward-looking statements speak only as of the date
they are made. Readers are cautioned not to put undue reliance on
forward-looking statements, and Kustom Entertainment assumes no
obligation and do not intend to update or revise these
forward-looking statements, whether as a result of new information,
future events, or otherwise.
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