Market Overview

Shares Of Taser Unaffected Following Louisville Police Department Announcement


Shares of TASER International, Inc. (NASDAQ: TASR) were trading nearly unchanged following Tuesday's opening bell despite an announcement from the Louisville Metro Police Department.

Shares had popped up in Tuesday's pre-market session.

According to a company issued press release, the Louisville Police Department placed an order to purchase 988 Axon Flex body-worn cameras on the Unlimited plan and will include CAD integration and the MediaSolv solution for CCTV video and photo management.

TASER recently acquired MediaSolv to expand its solution enabling law enforcement to unify existing silos of digital media and evidence into a seamless workflow from capture to the courtroom.

"The Louisville Metro Police Department has selected the TASER Axon Flex camera system and the storage and management system for use for its body-worn video needs," said Major Robert Schroeder of the Louisville Metro Police Department. "LMPD is excited to move forward with this camera project and deploy the first group of cameras to LMPD's Fifth Division officers. The Louisville Metro Police Department has also selected the MediaSolv digital evidence management solution for the storage and management of LMPD's digital evidence."

"It's great to see the positive response from major city police departments, like Louisville, to the MediaSolv acquisition," says Rick Smith, CEO and Founder of TASER. "This sale reinforces the value our customers see in our combined services and we're looking forward to continuing to provide law enforcement with the best possible tools for managing their digital evidence."

The Louisville Police Department is the 24th major city deploying the Axon technology solution suite, which includes the Axon body cameras and digital evidence management solutions.


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