SCOTTSDALE, Ariz., Oct. 5, 2006 (PRIMEZONE) -- TASER International, Inc. (Nasdaq:TASR) a market leader in advanced electronic control devices today announced that it received three orders totaling 2,654 TASER(r) X26 units and accessories that were placed by the San Bernardino County (CA) Sheriff's Office (1,111 TASER X26s); Mesa (AZ) Police Department (543 TASER X26s); and the French Ministry of Interior (1,000 TASER X26s and 1,000 TASER CAMs(tm)).
"Both the San Bernardino County Sheriff's and Mesa Police Department orders provide enough units for all of their patrol officers to deploy our life-saving TASER X26 technology," said Tom Smith, president of TASER International. Smith also stated, "We are pleased to see the advancement of the TASER program in France. This order follows a lengthy trial and evaluation of the TASER X26 product and is the first shipment authorized under a tender, which was originally announced by Le Figaro in an article on August 5, 2006, awarded to our French distributor during the 3rd quarter of 2006. This tender authorized the French Government to purchase of up to 5,000 TASER systems. The first shipment under this tender, also included one TASER CAM unit for each of the 1,000 TASER X26s, leads the way in officer accountability in Europe."
These purchase orders were received and shipped in the third quarter of 2006. With these three orders the company expects third quarter 2006 revenue to be approximately $18 million, subject to closing adjustments.
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.
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.
CONTACT: TASER International, Inc. Steve Tuttle, Vice President of Communications Media ONLY Hotline: (480) 444-4000