TASER International, Inc. Announces Commencement of Employee Stock Option Exchange - Marketwire, Inc.

SCOTTSDALE, AZ, Nov 24, 2010 (MARKETWIRE via COMTEX)

("TASER"), a global market leader in advanced electronic control devices (ECD) announced today the commencement of its offer to employees (excluding directors and executive officers) of TASER ("Eligible Employees") to voluntarily exchange "out-of-the-money" stock options for new stock options ("New Options"), upon the terms and subject to the conditions of the Offer to Exchange Certain Outstanding Stock Options for New Options (the "Exchange Offer"). The purpose of the Exchange Offer is to retain and incentivize TASER's employees and to better align its employees' interests with the interests of TASER's stockholders.

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