DALLAS, Feb. 24, 2010 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring TASER International Inc. (Nasdaq:TASR). The report includes financial, comparative and investment analysis, and industry information you need to know to make an educated investment decision.
The full report is available at: http://www.stockpreacher.com/n/TASR
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TASER International Inc. (TASR) develops and manufactures advanced electronic control devices (ECDs) designed for use in the law enforcement, military, corrections, private security and personal defense markets. The Company offers two product lines for law enforcement, military, corrections, and professional security markets, which include the TASER X26 product line consisting of the TASER X26, various cartridges, a battery system, a digital power magazine, download software and equipment, extended warranties, and holstering options and accessories; and an ADVANCED TASER M26 product line comprising the ADVANCED TASER M26, various cartridges, rechargeable batteries, a battery charging system, data download software and equipment, and various holstering options and accessories.
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In the report, the analyst notes:
"The Company recognized $3.5 million of deferred revenue in Q4 2009, all related to the trade-in program allowing agencies to upgrade to the TASER X3. As required by applicable accounting principles, the Company deferred $3.5 million of revenue in the Q3 2009 until the respective trade-in occurred, or the expiration of the trade-in program on December 31, 2009.
"TASR last week announced its first significant deployment of EVIDENCE.COMTM to manage the audio/video data from the national deployment of TASER(R) X26(TM) Electronic Control Devices (ECDs) and TASER CAM(TM) devices. The EVIDENCE.COM contract provides support for a recent procurement of 777 TASER X26 ECDs and TASER CAM devices in the fourth quarter of 2009. EVIDENCE.COM is a cloud based service for storing and managing digital evidence in a highly secure, easily accessible environment."
To read the entire report visit: http://www.stockpreacher.com/n/TASR
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