SCOTTSDALE, Ariz., May 19, 2006 (PRIMEZONE) -- TASER International, Inc. (Nasdaq:TASR), a market leader in advanced electronic control devices, announced the filing of its Form 10-Q for the quarter ended March 31, 2006.
Due to the fact that the Company was late in filing its Form 10-Q, the Company received a Nasdaq Staff Determination on May 17, 2006, indicating that the Company failed to comply with the filing requirements for continued listing set forth in Marketplace Rule 4310(c)(14), and that its securities are therefore subject to delisting from the Nasdaq National Market.
However, Nasdaq's Listing Qualification department has reviewed the Form 10-Q which has now been filed and determined that the Company is now in compliance with Marketplace Rule 4310(c)(14) and that this matter is now closed.
About TASER International, Inc.
TASER International, Inc. provides advanced non-lethal devices for use in the law enforcement, military, private security and personal defense markets. TASER devices use proprietary technology to safely incapacitate dangerous, combative, or high-risk subjects who pose a risk to law enforcement officers, innocent citizens or themselves. TASER technology saves lives every day, and the use of TASER devices dramatically reduces injury rates for police officers, and suspects.
For further information, contact Marcy Rigoni, Manager of Investor Relations, at Marcy@TASER.com, or call 800-978-2737 ext. 2011, or Dan Behrendt, Chief Financial Officer of TASER International, Inc., +1-480-905-2002. Visit the company's website at www.TASER.com for facts and video.