SCOTTSDALE, Ariz., May 24, 2007 (PRIME NEWSWIRE) -- TASER International, Inc. (Nasdaq:TASR), a market leader in advanced electronic control devices, today announced the receipt of four substantial orders. Three orders were received from domestic law enforcement agencies, including the Washington State Patrol for 500 TASER(r) X26 Electronic Control Devices (ECDs) and related accessories; Tallahassee Police Department for 271 TASER X26 ECDs and related accessories; and Scottsdale Police Department for 125 TASER X26 units and related accessories. TASER International also received an export purchase order from an international law enforcement agency establishing a new TASER program with an order totaling over $1,425,000 for TASER X26 ECDs and related accessories.
"The TASER devices are an option that avoids troopers having to go 'hands-on' with combative subjects," said Chief John R. Batiste of the Washington State Patrol. "We can engage from a safe distance, ultimately reducing injuries to both troopers and suspects."
"These orders represent the continuation of large deployments of our TASER technology," said Tom Smith, Chairman and Co-Founder of TASER International. "We are excited to see the TASER X26 deployed at the street level where our technology can truly make an impact in these communities by reducing injuries and protecting lives. We are also pleased another country in the international community has embraced the value of TASER technology and has expanded their program to an active duty deployment following a field test that began last year," concluded Smith.
The three domestic orders together totaled 946 TASER X26 Electronic Control Devices (ECDs) and all four orders are expected to ship in the second quarter of 2007.
About TASER International, Inc.
TASER International provides advanced electronic control devices for use in the law enforcement, military, private security and personal defense markets. TASER(r) devices use proprietary technology to incapacitate dangerous, combative or high-risk subjects who pose a risk to law enforcement officers, innocent citizens or themselves in a manner that is generally recognized as a safer alternative to other uses of force. TASER technology saves lives every day, and the use of TASER devices dramatically reduces injury rates for police officers and suspects. For more information on TASER life-saving technology, please call TASER International at (800) 978-2737 or visit our website at www.TASER.com.
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Note to Investors
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of the 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. The forward-looking information is based upon current information and expectations regarding TASER International. These estimates and statements speak only as of the date on which they are made, are not guarantees of future performance, and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results could materially differ from what is expressed, implied, or forecasted in such forward-looking statements.
TASER International assumes no obligation to update the information contained in this press release. TASER International's forward looking statements in this press release and future results may be impacted by the completion of the restatement of the Company's financial results for the first quarter of 2005 and the second quarter of 2005, risks associated with rapid technological change, new product introductions, new technological developments and implementations, execution issues associated with new technology, ramping manufacturing production to meet demand, litigation results from Company filed lawsuits and other litigation including lawsuits resulting from alleged product related injuries, media publicity concerning allegations of deaths occurring after use of the TASER device and the negative impact this could have on sales, product quality, implementation of manufacturing automation, potential fluctuations in quarterly operating results, adjustments to these amounts which may be reflected in our 10Q filing, competition, financial and budgetary constraints of prospects and customers, international order delays, dependence upon sole and limited source suppliers, negative reports concerning TASER device uses, governmental inquiries and investigations, medical and safety studies, fluctuations in component pricing, government regulations, variation among law enforcement agencies with their TASER product experience, TASER device tests and reports, dependence upon key employees, and our ability to retain employees. TASER International's future results may also be impacted by other risk factors listed from time to time in its SEC filings, including, but not limited to, the Company's Form 10-QSBs and its Annual Report on Form 10-KSB.
The statements made herein are independent statements of TASER International. The inclusion of any third parties does not represent an endorsement of any TASER International products or services by any such third parties.