TAMPA, Fla. , April 24 /PRNewswire-FirstCall/ -- Stinger Systems, Inc. (OTC Bulletin Board: STIY) a leader in electro-stun technology announced today that on Friday April 18, 2008 , it filed suit against Taser International, Inc. (Nasdaq: TASR) in the United States District Court for the District of Arizona .
The suit arises from Taser's alleged distribution to potential Stinger customers of selected portions of an unfinished National Institutes of Justice Report, containing dated tests comparing Taser's model X-26 projectile stun gun to early versions of Stinger's model S-200 projectile stun gun. As the suit alleges, the National Institute of Justice, itself, has acknowledged receiving data regarding newer more advanced models of the S-200 rather than the version one model tested. The study was commissioned in 2005, prior to Stinger's S-200 being even a concept. The version one model of the S-200 was given in December 2006 after repeated requests by the testing university to make a comparison. The current model S-200 has had almost every aspect of the gun redesigned including cartridges, probes, wires, and circuitry. Virtually the only thing that remains of the gun tested and the current S-200 is the name and the external features.
The suit continues to allege in allegations 30 and 31, "Taser has represented and implied to customers and potential customers of Stinger that the NIJ study is final and relates to the current design of the S-200. This representation is false and injurious to Stinger. Taser knew these representations were false or acted in reckless disregard for the truth or falsity of these representations."
The suit seeks compensatory damages, punitive damages and attorneys' fees from Taser and an injunction.
Mr. Robert Gruder , Stinger's President, commented, "On February 28th of this year, Stinger's litigation counsel Ray K. Harris at Fennemore Craig, PC alerted Taser by letter to the impropriety of its continued distribution of this incomplete NIJ report to potential Stinger customers and others. Taser did not take this opportunity to discontinue and recall distribution of the incomplete report. Stinger considers the necessary filing of yet another legal action between Taser and Stinger most unfortunate. However, in my opinion, I believe that Taser appears to not want to compete on a head to head basis. Why else would they resort to this type of tactic? Stinger is happy to compete on the merits of its S-200 stun gun's advanced technologies, quality and reliability alone. As more and more law enforcement agencies across the nation compare Stinger's newest S-200 projectile stun gun with Taser's prior art X-26 projectile stun gun, more and more departments are embracing the advanced technology of the S-200."
ABOUT STINGER SYSTEMS
Stinger Systems, Inc., a leading provider of electro-stun technologies, develops and sells a broad array of products utilizing advanced electro sparc- pulsed technology to police, corrections, and security sectors worldwide. http://www.stingersystems.com.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are based on Stinger Systems' current intent, belief and expectations. These statements are not guarantees of future performance and are subject to certain risks and uncertainties that are difficult to predict. Actual results may differ materially from these forward-looking statements because of the risks described in Stinger Systems' filings with the Securities and Exchange Commission. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of today's date. Stinger Systems undertakes no obligation to update or revise the information contained in
SOURCE Stinger Systems, Inc.