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SCOTTSDALE, Ariz., Oct. 29 /PRNewswire-FirstCall/ -- TASER International, Inc. , a market leader in advanced non-lethal devices announced today the public introduction of the TASER X-Rail(TM) System. The X-Rail is a mounting system that attaches the TASER X26 non-lethal conducted energy weapon to military and law enforcement rifles through a Picatinny Rail, an accessory that allows the attachment of items such as lights, sighting systems, and now the TASER X26.
(Logo: http://www.newscom.com/cgi-bin/prnh/20041029/LAF026A )
The X-Rail was originally developed by TASER International to support the US military efforts in Iraq and Afghanistan. The X-Rail provides an integrated, scalable non-lethal capability to the M4 and M16 platforms. The integration of the TASER X-Rail and X26 into the M4/M16 allows the soldier to make split second transitioning from lethal to non-lethal force when dealing with engagements mixed with enemy combatants and unarmed or lightly armed individuals. Based upon feedback that TASER International has received from field use, enhancements have been made to the system, including a quick release mechanism that will now allow it to be mounted anywhere on the forearm of the weapon, resulting in a system that is roughly half the size of the original design. These enhancements and tactical applications of the X-Rail make it a perfect fit for the law enforcement community, both domestically and abroad. In addition to the M4 and M16, the X-Rail will mount on most weapon systems that feature the Picatinny Rail Interface, including the H&K MP5, one of the most prevalent entry weapons used by Special Response and SWAT teams. "We are excited to introduce the new X-rail system which has seen great success in military application for the last few months of test and evaluations, resulting in a follow-on purchase by the U.S. Military of several hundred X-Rails" said Rick Smith, CEO of TASER International. "This development allows military and law enforcement SWAT teams the opportunity to have a dual use platform for their entry weapons. Moreover, given the nature of the military's current policing environments overseas, this can provide military personnel a non-lethal force option in areas mixed with combatants and civilians," stated Mr. Smith. About TASER International, Inc. 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 future results may be impacted by risks associated with rapid technological change, new product introductions, new technological developments and implementations, execution issues associated with new technology, penetration of new and existing markets, ramping manufacturing production to meet demand, 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, competition, financial and budgetary constraints of prospects and customers, international order delays, dependence upon sole and limited source suppliers, fluctuations in component pricing, government regulations, variation among law enforcement agencies with their TASER product experience, dependence upon key employees, and its 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.
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