Safe Harbor Statement

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Safe Harbor Statement

• Certain statements contained in this presentation
  may be deemed to be forward-looking statements as
  defined by the Private Securities Litigation
  Reform Act of 1995, and TASER International
  intends that such forward-looking statements be
  subject to the safe-harbor created thereby. Such
  forward-looking statements relate to 1) expected
  revenue and earnings growth 2) the Companys
  estimations regarding the size of its target
  markets 3) the ability of TASER to successfully
  penetrate the law enforcement market 4) the
  growth expectations for existing accounts 5) the
  ability of TASER to expand its product sales to
  the private security, military and consumer
  self-defense markets and 6) the Companys target
  business model. TASER cautions that these
  statements are qualified by important factors
  that could cause actual results to differ
  materially from those reflected by the
  forward-looking statements herein. Such factors
  include, but are not limited to 1) market
  acceptance of the Companys products 2) TASERs
  ability to establish and expands its direct and
  indirect distribution channels 3) TASERs
  ability to attract and retain the endorsement of
  key opinion-leaders in the law enforcement
  community 4) the level of product technology and
  price competition for the Companys Advanced
  TASER product 5) the degree and rate of growth
  of the markets in which TASER competes and the
  accompanying demand for its products and 6)
  other factors detailed in the Companys filings
  with the Securities and Exchange Commission.

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ADVANCED TASER M26
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Effective Range
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(Click on image above to start video. Click once
to pause.)
Ohio State Highway PatrolAll Patrols Carry M26
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TASER vs. OC SprayRCMP Testing
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TASER ResultsOrange County Sheriffs, Florida
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Reduction of Deputy InjuriesOrange County
Sheriffs, Florida
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Cost Benefit ModelAnnual Savings

• Officer Injury reduction 368 / Officer

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Phoenix PD Field Results All Patrols Carry M26

• Suspect Injuries Dropped
• First Top-10 City to Deploy to All Patrol Officers

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Los Angeles SheriffsAnalysis of Potential Savings
Estimated liability savings 2,500,000 M26
averted 3 potential shootings in first year alone.
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Cost Benefit ModelAnnual Savings

• Officer Injury Reduction 368 / Officer
• Liability Reduction 294 / Officer
• Suspect Injury reduction ???
• Initial Cost 741 / Officer
• Net Year 1 Cost 76 / Officer
• Months to Break Even 13.7

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5 Year Lease OptionEl Paso (1091 Officers)
Example

• Taser Initial Cost 808,059
• Annual Cartridge Purch (4x) 99,117
• Total 5 year cost 1,204,527
• Monthly Lease Cost 22,789
• Annual Lease Cost 273,468
• Annual Est. Savings 724,882
• Net Annual Savings 451,414

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US Potential Market (TAM)
Based on U.S. Handgun ownership 30-35 million
households. non-gun owning households
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Police Market Penetration
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Truly Incapacitating Specially Modified MX Animal
TASER
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Pricing Margins
Distributor End User ITEM Price Price Mar
gin CARTRIDGES 12-15 15-18 50-60 ADVANCED
TASERS 300 400 72-78
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Financial Performance(in thousands)
1999 2000 2001 2002 Revenue
2,366 3,499 6,800 9,843
Earnings Per Share (0.52) (0.19)
0.22 0.07
2.8 Million Shares Outstanding Company
Projections
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Financial Performance(in thousands)
2001 2002 Revenue
6,853 9,843 up 44 Gross Margins
57 56 Net Income
515 209 Basic Earnings Per
Share 0.22 0.07
2.8 Million Shares Outstanding Post Offering
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2002 Marketing Investments
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Target Business Model
One time tax benefit
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Stock Data

• IPO Date May 8, 2001
• Price on 3/03/03 4.00
• Trading Range 3.30-21.01
• (since unit split)
• Market Capitalization 11.2 million
• Shares Outstanding 2.8 million
• Float 1.8 million
• EPS (mrq) 0.02 basic
• EPS (2002) 0.07 basic

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Nasdaq TASR,TASRW Phil_at_TASER.COM
(Chairman) Kathy Hanrahan (CFO)