SCOTTSDALE, Ariz., May 22, 2008 (PRIME NEWSWIRE) -- TASER International, Inc. (Nasdaq:TASR), the market leader in advanced electronic control devices (ECDs), today announced that it received several recent large follow-on orders. The first order announced is for Australia where they ordered 299 TASER(r) X26(tm) Electronic Control Devices (ECDs) and related accessories. Specifically, 229 TASER X26 ECDs and 229 TASER(r) CAM(tm) units are for the New South Wales Police Department, the largest law enforcement agency in Australia. The second order received was for the Harris County Sheriff's Department in Tomball, TX for 310 TASER X26(tm) ECDs and related accessories. The third order received was for the Kentucky State Patrol in Frankfort, KY, for 191 TASER X26 ECDs and related accessories. The fourth order received was for the Honolulu Police Department in Honolulu, HI for 59 TASER X26 ECDs, 59 TASER CAM units and related accessories.
"Following a successful two year trial, we are pleased to see the New South Wales Police Department expand their current program with our field-proven TASER(r) technology," commented Tom Smith, Chairman and Founder of TASER International. "We are further glad to see the continuing follow-on domestic orders of our life-saving technology to reduce injuries to both officers and suspect and while protecting life here in the U.S."
New South Wales Police Minister David Campbell was quoted in a story that was released by Sydney Morning Herald on Sunday, May 18, 2008. (http://www.smh.com.au/news/national/officers-to-adopt-shock-tactics/2008/05/18/1210765250708.html) "This is a less-than-lethal option, which can be used by police to subdue dangerous offenders and resolve volatile situations, making the streets safer for NSW families," Campbell said.
In that same article, The Police Association President Bob Pritchard said, "TASERs are about giving police a non-lethal option in the most dangerous situations - where human life is at stake. The fact too often forgotten in this debate is that TASERs save lives."
These orders are expected to ship in Second Quarter of 2008.
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.
The TASER International logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2931
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.