Tom Smith Retires as Chairman of TASER International to Join New Start-Up as CEO and Co-Founder

Mon Feb 13, 2012 4:30pm EST

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  SCOTTSDALE, AZ, Feb 13 (MARKET WIRE) -- 
TASER International, Inc. (NASDAQ: TASR), a global provider of safety
technologies that protect life, prevent conflict, and resolve disputes,
today announced that Co-Founder and Chairman Tom Smith is retiring from
the Board of Directors to join a new start-up in the aviation industry in
Scottsdale, Arizona as CEO and co-founder, as well as pursue
opportunities to join other boards.

    Mr. Smith founded TASER International in 1993 together with his brother
Rick Smith, CEO of TASER International. During the past 19 years, Mr.
Smith has served as Chief Operating Officer, President, and Chairman. For
the past several years, Mr. Smith served as Executive Chairman and
oversaw sales for the Company. His retirement comes at the end of a
progressive year-long transition of sales responsibilities to Chief
Marketing Officer Jeff Kukowski. 

    Mr. Smith is succeeded as Chairman of the Board of Directors by Michael
Garnreiter. Mr. Garnreiter joined the Board of Directors in 2006. Mr.
Garnreiter also serves as Audit Committee Chair and is one of the
Company's designated financial experts on the Board of Directors. The
Board has reduced the number of directors to eight with this retirement,
increasing the percentage of independent directors from 66.7 percent (6
of 9) to 75 percent (6 of 8). Further, the Company believes this is an
important milestone with the appointment of its first independent
Chairman.

    "Having co-founded TASER, I understand the energy and focus required to
take a concept from a start-up to a growing company," said Tom Smith,
Chairman Emeritus of TASER International. "Therefore, I felt it best to
retire from my responsibilities at TASER International to fully dedicate
myself to my new venture. I have been a pilot for more than 25 years, and
when I saw the opportunity to merge my love of aviation with my love of
entrepreneurship, I knew the time had come for me to retire from the
company I have spent almost 20 years building to dedicate myself to
starting something new.

    "Given the highly competitive nature of the aviation industry, and the
revolutionary potential of our new business concept, I will not be
publicly disclosing any further details of my new venture until a later
date."

    "I'd like to thank Tom for all the blood, sweat, and tears we have shared
over the past two decades building TASER into the global leader in
less-lethal systems," said Rick Smith, Chief Executive Officer of TASER
International. "I am very excited for his new project, and wish him the
greatest of success. I would also like to extend congratulations to
Michael Garnreiter on his selection as our new Chairman. I look forward
to working closely with Mike and the rest of our highly talented Board to
take TASER to the next level through the continued growth of our
Electronic Control Devices, our AXON(TM) point-of-view video systems and
Evidence.com cloud computing initiative."

    Tom Smith will continue to ensure a smooth transition of international
sales in select countries as a consultant through April 2013.

    About TASER International, Inc. 

    TASER International, Inc. (NASDAQ: TASR) is a global provider of safety
technologies that protect life, prevent conflict, and resolve disputes.
More than 16,575 public safety agencies in 107 countries rely on TASER(R)
electronic control devices (ECDs) and AXON on-officer camera systems to
help protect and serve. Today, the use of TASER ECDs has saved more than
85,000 lives from potential death or serious injury while TASER
innovations benefit individuals and families too, providing personal
protection and accountability while maintaining regard for life. Since
1994, more than 241,000 individuals have relied on TASER technology as a
means for effective personal safety. Learn more about TASER International
and its solutions at www.TASER.com and www.EVIDENCE.com or by calling
(800) 978-2737. Be a part of the TASER community by joining us on
Facebook, LinkedIn, Twitter, and YouTube. 

    TASER(R) is a registered trademark of TASER International, Inc.,
registered in the U.S. All rights reserved. TASER logo, AXON, TASER CAM,
X26, X2, X3, and EVIDENCE.com are trademarks of TASER International, Inc.

    Note to Investors 

    To review the TASER International Safe Harbor Statement, please visit our
Investor Relations Safe Harbor Statement at
http://investor.taser.com/phoenix.zhtml?c=129937&p=irol-safeharbor.

    For investor relations information please contact Katie Pyra by phone at
480-515-6330 or via email at IR@TASER.com, or Dan Behrendt, Chief
Financial Officer of TASER International, Inc., 480-905-2002. 

    

CONTACT: 
Steve Tuttle
Vice President of Communications
TASER International, Inc.
Media ONLY Hotline: (480) 444-4000 

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