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Law Enforcement Associates Orders Production Tooling for New Stun Pistol with FMT Technology - On Track for March 2005 Launch
Law Enforcement Associates, (OTCBB: LENF) a security and surveillance technology company, has approved the final housing designs for its new stun weapon with FMT(TM) Technology. The Company has ordered the production tooling to meet the projected March 2005 product launch. The contract requires the tooling to be delivered to Law Enforcement Associates, no later then January 30, 2005.
YOUNGSVILLE, NC (PRWEB) October 23, 2004 -- Law Enforcement Associates, (OTCBB: LENF) a security and surveillance technology company, has approved the final housing designs for its new stun weapon with FMT(TM) Technology. The Company has ordered the production tooling to meet the projected March 2005 product launch. The contract requires the tooling to be delivered to Law Enforcement Associates, no later then January 30, 2005.
Mr. John Chudy, who has previously been granted multiple international patents, designed the housing. The new stun weapon has both the feel of a conventional handgun with many standard handgun features such as an ambidextrous safety and auto eject feature for cartridge replacement. Law Enforcement Associates (LEA) owns the tooling for manufacturing the cartridge, which will be used in the stun weapon. LEA also expects to receive first article circuits for the new stun weapon with FMT(TM) Technology from its supplier Bestex Corporation no later than November 30, 2004.
Commenting, Paul Feldman President of Law Enforcement, Inc. states, "We are pleased with the rapid pace of this new undertaking. The market release of the new stun weapon with FMT(TM) Technology is currently on schedule. This validates our company's ability to acquire, develop and manufacture new products for our current customer base and distribution channel of 34,000 Law Enforcement and Corrections officers. We will integrate this new line of stun weapons into our current line of proprietary technologies."
About Law Enforcement Associates Corporation
Law Enforcement Associates, Inc. (LENF.OB), headquartered in Youngsville, N.C., manufactures and markets a diverse line of undercover surveillance products including a complete line of audio surveillance equipment. LEA currently markets to the Military, law enforcement, security and corrections personnel throughout the world, as well as governmental agencies, multinational corporations and non-governmental organizations. For more information on LEA, visit www.leacorp.com.
Forward-Looking Information:
The statements in this news release contain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve certain risks, assumptions and uncertainties, including the inability to generate and secure the necessary product sale, or the lack of acceptance of the company's products by its customers. In each case actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or modified) will not be realized.
SOURCE: Law Enforcement Associates
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Law Enforcement Associates, Youngsville
Paul Feldman, 919/554-4045
IR@Lea.com
or
Investor Relations: 866/735-3513
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