Dec 22 2009
Laser Energetics, Inc. (Pink Sheets: LNGT) announced today that the Company made a strategic move to deploy "stocking" Distributors in different locations around the world.
The Distributors create a "force multiplier" to the Company's inside and outside sales team, as well as to the Company's manufacturers representatives. As a result of this program, the Company has secured initial orders for the Dazer Laser equal to $1,468,125.
"This addition to our market development strategy will enhance the roll out of the Dazer Laser(TM) Light Fighting Technologies 'Non-Lethal - Less Violent' Laser Weapons," states Robert D. Battis, Founder and CEO of Laser Energetics. "These life saving, non-lethal weapons will help all branches of the military, law enforcement, correctional facilities, security, border patrol, piracy control, homeland security, airport security and much more. This weapon is humanitarian and will save the lives of both the enforcer and the threat at longer ranges."
Battis further explained, "The key to our strategy is that we can deploy Distributors with greater geographic reach and greater political contacts than we are capable of rapidly developing ourselves. These Distributors are also required to purchase and stock our product. We solved the problem of Distributors stocking our product at their facility by having Laser Energetics hold the inventory. This helps Laser Energetics put a check and balance system in place, making sure these products don't get in the wrong hands since the Company is required to approve all sales. This strategy will ensure we maintain final say on all sales ensuring responsible business practices."
The Company's first two distributors have satisfied their contractual obligations and made their initial purchases of the Dazer Laser. These first two orders are for $1,174,500 and $293,625, respectively, totaling $1,468,125.
The two models purchased are the Dazer Laser(TM) DEFENDER and the Dazer Laser(TM) GUARDIAN. These non-lethal weapons have the ability to control the threat at ranges of 1 meter to 2400 meters (model dependent). The Dazer Laser(TM) - Light Fighting Technologies emit a green, "eye safe" laser beam, that is shaped into approximately a 1 foot to 8 foot Dazer Zone(TM) (model dependent). When focused on the threat's eyes, the threat's vision is temporarily impaired, their balance is affected, and they can become affected by nausea. This controls the threat, making it difficult for them to maneuver. The Ultimate "Non-Lethal - Less Violent(TM)" Weapon. Saving Lives - One DAZE at a Time(TM)!