SCOTTSDALE, Ariz., Aug. 16, 2006 (PRIMEZONE) -- TASER International, Inc. (Nasdaq:TASR), a market leader in advanced electronic control devices today announced the formation of a new Senior Executive Advisory Board (SEAB) that will provide the Company with a team of professionals with extensive military, homeland defense and law enforcement experience to advance the goal of supplying the military and government agencies with the benefits of the TASER(r) technology.
The advisory group will include the following members.
-- General Gary Luck, U.S. Army Retired, is currently a Senior
Mentor providing advice and counsel to senior training
commanders and staff in support of the U.S. Joint Forces
Command's Joint Warfighting Center.
-- Lt. Gen. Buck Bedard, USMC Retired, was most recently the
Deputy Commandant for Plans, Policies and Operations at USMC
Headquarters in Washington, D.C.;
-- Mr. Don Cahill; Cahill brings nearly 30 years of law enforcement
experience, ten of which were served as the legislative director
at the National Fraternal Order of Police;
-- Maj. Gen. Carroll Childers, U.S. Army National Guard Retired,
has 38 years of experience in Department of Defense Research,
Development, Test and Evaluation;
-- Maj. Gen. Jack Davis USMCR Retired, was responsible for the
leadership, direction and support of over 20,000 personnel located
in 106 cities throughout the U.S. and an annual budget of $60
million;
-- Brig. Gen. Jim Feigley USMC Retired, served as the executive
authority for the research, development, procurement, fielding
and life cycle support for all Marine Corps ground combat, combat
support and combat service support equipment, ordnance and
systems;
-- Arnette Heintze, retired senior executive with U.S. Secret
Service, with 27 years of experience at the most senior levels of
federal, state and local law enforcement, specializing in security
planning and management, investigative and protective operations,
emergency preparedness, crisis management and disaster response;
and
-- Terry Hillard, retired Chicago Police Superintendent with more
than 35 years of law enforcement and Marine Corps experience.
The announcement of the SEAB committee closely follows the recent announcements of John S. Caldwell, Jr. (Lt. Gen., U.S. Army, Retired) joining the Board of Directors of TASER International, Inc. and Colonel George Fenton (USMC, Retired), former Director of the Department of Defense Joint Non-Lethal Weapons Program (JNLWP), joining TASER International as Vice President, Government and Military Programs.
"As we continue to respond to inquiries from military and federal government agencies for TASER technology, the insight and guidance from our new SEAB members will be invaluable," said Tom Smith, President for TASER International. "The extensive hands on experience and operational knowledge that each member of this team presents will focus the Company on the expanding federal and military market."
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 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.
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.
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) execution and court approval of litigation settlement agreements; 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.