WestPark Capital, Inc. Announces the Closing of $4,000,000 Financing For Digital Ally, Inc.

LOS ANGELES, CA / ACCESSWIRE / September 9, 2014 / WestPark Capital today announced that it had closed a $4,000,000 private placement for Digital Ally, Inc. DGLY.  WestPark Capital acted as sole Placement Agent for the Company in the transaction.  Proceeds will be used to retire outstanding unsecured subordinated debt, fund research and development projects for existing and new products, capital expenditures, future acquisitions and for general corporate purposes.

About Digital Ally, Inc.

Digital Ally, Inc. manufactures and markets in-car video systems, body cameras, and other digital video imaging, audio recording and related storage products for use in law enforcement and security applications in the United States and internationally.  The Company is headquartered in Lenexa, Kansas.

About WestPark Capital

WestPark Capital is a full-service investment bank focused on emerging growth sectors such as healthcare, software, technology, biotechnology, financial services, manufacturing, consumer products, media and telecom industries, among other categories.  WestPark provides a comprehensive range of corporate finance services, including initial public offerings, follow-on offerings, private placements, SIPOs and corporate finance advisory services.  Additional information about WestPark Capital, Inc. is available at www.wpcapital.com or at info@wpcapital.com.

Contact:

Richard Rappaport, CEO

(310) 843-9300

SOURCE: WestPark Capital, Inc.