[ACCESSWIRE]
LONDON, UK / ACCESSWIRE / September 24, 2018 / Drone Guarder, Inc. (OTCQB: DRNG) DroneGuarder is pleased to announce that we have secured additional funding for DRNG which enables us to bring DroneGuarder Rescue development through to commercial release in December 2018/ January 2019.
The funding is made available to DRNG in 2 tranches with the second tranche being paid at the beginning of September. We hope to be marketing and selling DG Rescue at the end of the year with a unit projection of selling 5000 DG Rescue drones globally for 2019, this will put DG into positive revenues for 2019. We expect to have constant monthly growth in revenues going forward with a projected revenue of $12.5m in sales for 2019.
Once our development team finished and released DG rescue, we will be focusing on completing the development of DG Intruder which we anticipate completing in April 2019 for commercial release, this will also increase our revenues for 2019.
Adam Taylor (CEO of DG) says, "We are very excited that we have secured our financial future through to the production and commercial release of our products, I want to assure all of our investors we are working diligently every day to create and manufacture our ground-breaking drone technology that will change the use of drones forever."
About Drone Guarder Inc.
DroneGuarder is an early stage security and surveillance company focusing on commercializing a drone enhanced home security system as a turnkey solution. The solution is app-based and includes a drone, infrared camera, and Android mobile app component: Once an alarm has been triggered, the DroneGuarder™ will immediately take off from a wireless charging pad.
Please visit http://www.droneguarder.com to learn about the company, management and products.
Forward-Looking Statements:
This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to our growth strategy and product development programs and any other statements that are not historical facts. Forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from those currently anticipated are: risks related to our growth strategy; risks relating to the results of research and development activities; our ability to obtain, perform under and maintain financing and strategic agreements and relationships; uncertainties relating to preclinical and clinical testing; our dependence on third-party suppliers; our ability to attract, integrate, and retain key personnel; the early stage of products under development; our need for substantial additional funds; government regulation; patent and intellectual property matters; competition; as well as other risks described in our SEC filings. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law.
Contact: Adam Taylor, CEO
Email: [email protected]
Phone number: + 44 203 319 5059
Address: Drone Guarder, Inc.
86-90 Paul Street
London EC2A 4NE
SOURCE: Drone Guarder, Inc.
