SCOTTSDALE, Ariz., Feb. 28, 2008 (PRIME NEWSWIRE) -- TASER International, Inc. (Nasdaq:TASR), a market leader in advanced electronic control devices, today announced that it received two large orders from law enforcement agencies. The first order was received from the Los Angeles Port Police, in San Pedro, CA, for 180 TASER(r) X26(tm) Electronic Control Devices (ECDs). The second order was received from the Doral Police Department in Doral, FL, for 100 TASER(r) X26(tm) ECDs, plus 100 TASER CAM(tm) audio/visual recording systems and related accessories.
"We are pleased to receive these two new orders from the Los Angeles Port Police and the Doral Police Department," commented Tom Smith, Chairman and Founder of TASER International. "These orders are for two new clients to provide TASER(r) programs to protect life. In the case of the Doral Police Department, we are pleased to see the additional purchase of TASER CAM systems to enhance community and law enforcement accountability. Recently, the TASER CAM system proved invaluable in terms of providing key evidence in a police shooting in California," concluded Smith.
Last week, two Siskiyou County Sheriff's deputies were cleared in a July 2007 police shooting. The TASER CAM system's video was reviewed by the Siskiyou County District Attorney Kirk Andrus who said the "most compelling evidence" in his report was the digital and audio footage.
"We wanted the ability to document all deployments and ensure that the officers in the field had the best equipment possible," said Doral Police Chief Ricardo Gomez. "After reviewing all available data, including the Florida Department of Law Enforcement's overview on Electronic Control Devices, we concluded that TASER's X26 (ECD) was best suited for our needs now and for the foreseeable future."
These orders were received and are expected to ship in the First Quarter of 2008.
About the Los Angeles Port Police
As one of few police forces in the nation dedicated exclusively to 24-hour port activities, the Los Angeles Port Police are responsible for patrol and surveillance of the Port of Los Angeles and neighboring Harbor Area communities. As California peace officers, the Port Police enforce federal, state and local public safety statutes as well as environmental and maritime safety regulations. Highly regarded among specialized law enforcement agencies, the primary goal of the Port Police is to maintain the free flow of commerce and produce a safe, secure environment that promotes uninterrupted Port operations.
About Doral Police Department
The new Doral Police Department is scheduled to take over localized police services from the Miami-Dade Police Department during this summer and is expected to begin its operation with over 90-sworn employees. The City of Doral, which incorporated in 2003, opted out of its service agreement with Miami-Dade County and has been developing a model agency following best practices as designed by the Florida Police Accreditation.
About TASER International, Inc.
TASER International's products protect life. TASER provides advanced Electronic Control Devices (ECDs) for use in the law enforcement, medical, military, corrections, professional security, and personal protection markets. TASER 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. For more information, 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 statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements, without limitation, regarding our expectations, beliefs, intentions or strategies regarding the future. We intend that such forward-looking statements be subject to the safe-harbor provided by the Private Securities Litigation Reform Act of 1995. 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. These statements are qualified by important factors that could cause our actual results to differ materially from those reflected by the forward-looking statements. Such factors include but are not limited to: (1) market acceptance of our products; (2) our ability to establish and expand direct and indirect distribution channels; (3) our ability to attract and retain the endorsement of key opinion-leaders in the law enforcement community; (4) the level of product technology and price competition for our products; (5) the degree and rate of growth of the markets in which we compete and the accompanying demand for our products; (6) risks associated with rapid technological change and new product introductions; (7) competition; (8) litigation including lawsuits resulting from alleged product related injuries and death; (9) media publicity concerning allegations of deaths and injuries occurring after use of the TASER device and the negative effect this publicity could have on our sales; (10) TASER device tests and reports; (11) product quality; (12) implementation of manufacturing automation; (13) potential fluctuations in our quarterly operating results; (14) financial and budgetary constraints of prospects and customers; (15) order delays; (16) dependence upon sole and limited source suppliers; (17) negative reports concerning the TASER device; (18) fluctuations in component pricing; (19) government regulations and inquiries; (20) dependence upon key employees and our ability to retain employees; (21) execution and implementation risks of new technology; (22) ramping manufacturing production to meet demand; (23) medical and safety studies; (24) field test results; and (25) other factors detailed in our filings with the Securities and Exchange Commission, including, without limitation, those factors detailed in the Company's Annual Report on Form 10-K and its Form 10-Qs.
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.