TASER International to Resume Trading on NASDAQ Under TASR Symbol
December 22 2005 - 7:30AM
PR Newswire (US)
Company Files Third Quarter 10-Q, No Longer Subject to Delisting
SCOTTSDALE, Ariz., Dec. 22 /PRNewswire-FirstCall/ -- TASER
International, Inc. (NASDAQ:TASRNASDAQ:TASRE) today announced that
it has received a letter from The NASDAQ Stock Market indicating
the company is no longer subject to possible delisting following
the filing of its Form 10-Q for the quarter ended September 30,
2005. Based on the letter received from The NASDAQ Stock Market,
the company is now in compliance with The NASDAQ Stock Market's
requirements set forth in Marketplace Rule 4310(c)(14) regarding
the timely filing of reports with the SEC. As a result, on December
23, 2005 the fifth character "E" will be removed from the company's
trading symbol and the trading symbol will again be TASR. "We are
pleased that this matter has been satisfactorily resolved and that
our stock will continue to trade under the TASR symbol as before,"
said Dan Behrendt, Chief Financial Officer. 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(R) technology saves lives every day, and the use of TASER(R)
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 http://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 10-Q 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. For further information contact
Dan Behrendt, Chief Financial Officer. Visit the company's web-site
at http://www.taser.com/ for facts and video. CONTACT: Dan Behrendt
Chief Financial Officer TASER International, Inc. Phone: (480)
905-2011 DATASOURCE: TASER International, Inc. CONTACT: Dan
Behrendt, Chief Financial Officer of TASER International, Inc.,
+1-480-905-2011 Web site: http://www.taser.com/
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