"Taser International, Inc ." International Directory of Company Histories. . Retrieved December 03, 2024 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/taser-international-inc

Gonderinger, Lisa, "Solid Plan Is Firm's Best Defense," Business Journal Serving Phoenix and the Valley of the Sun, January 5, 1996, p. 1.

Corporate Mission: To raise mankind above violent behavior by developing products which enable people to protect themselves without causing injury or death to another human being. To do all that is possible to ensure society, as well as our customers, can benefit from our products. To uphold the highest level of personal and professional ethics in the execution of business.

Ideally, most law offices would want multiple redaction tools, so that they have the right tool for the right document at the right time.

Taser International quickly gained sales in the law enforcement market, and by 2000 more than 500 law enforcement agencies were either using or testing the company's Advanced Taser. Police guarding both the Republican and the Democratic National Conventions in 2000 were equipped with Tasers. The company took in several large orders, including 500 Advanced Tasers for the police force of Albuquerque, New Mexico, and 400 for police in Sacramento, California. Taser still did not turn a profit, despite growing sales. The company needed an infusion of capital in order to keep up with its burgeoning markets. The Smiths considered selling the company but decided instead to sell shares to the public.

Taser International hoped to break $20 million in sales for 2003. The company had phenomenal sales in its fourth quarter and finished the year at $24.5 million. Its stock price took a run, hitting $135 per share in February 2004. The stock had sold a year earlier for only $4. Investors clearly believed the company had bright prospects. Taser's stun guns seemed to be gaining acceptance as standard police equipment, and the company had still not fully tapped the law enforcement market. It also had no serious domestic rivals in its particular market niche. The Smith brothers had run the company at a loss for seven years. By the early 2000s, their persistence seemed to have been well worth it.

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Public Company Incorporated: 1993 as Air Taser, Inc.Employees: 130Sales: $24.5 million (2003)Stock Exchanges: NASDAQTicker Symbol: TASRNAIC: 332995 Other Ordnance and Accessories Manufacturers

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Taser International went public in May 2001, pricing its shares at $13. The price dropped from there, making the deal a modest success, not one of the eye-popping instant-millionaire IPOs of a few years earlier. However, conditions soon changed drastically. The terrorist attacks on September 11, 2001 jolted the United States into a mode of heightened security. Barely two months after the attacks, United Airlines announced that it was buying Tasers for all its 600 plus planes. Other airlines soon followed suit. This action was taken by the airlines despite the fact that the Federal Aviation Administration (FAA) did not allow arming of pilots. The airlines believed Tasers were the appropriate choice for its cockpit crews for two principal reasons: first, unlike a gun, a Taser did not have the potential of puncturing the aircraft and possibly causing a dangerous loss of pressure; second, the Taser was designed to immobilize its target, not to kill. While the FAA mulled over allowing the defensive weapons on board planes, Taser sales took off. The company's stock price began to rise, and orders poured in from all sides. Taser International finished 2001 in the black, making a profit for the first time since its founding. Revenue stood at $6.8 million.

Installation of Redact Assistant creates a “Redact” tab in Word and Excel. This is where you find the commands you can use to redact a single file within those programs. As noted above, you will want to create a copy of the original file before making any redactions.

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Bob Ambrogi is a lawyer and journalist who has been writing and speaking about legal technology and innovation for more than two decades. He writes the award-winning blog LawSites, is a columnist for Above the Law, hosts the podcast about legal innovation, LawNext, and hosts the weekly legal tech journalists' roundtable, Legaltech Week.

If you need a tool for redacting Word and Excel files, Redact Assistant does the job well. It is easy to use, it has advanced features for handling multiple documents and searches, and, at $45, it is reasonably priced.

Within the “Cite this article” tool, pick a style to see how all available information looks when formatted according to that style. Then, copy and paste the text into your bibliography or works cited list.

Lunsford, J. Lynn, "Taser Expects Its Sales to Surge Amid More Interest in Stun Guns," Wall Street Journal, January 8, 2002, p. B6.

Another option is to create and save lists of search terms. The lists must be created in the standalone program, but then can be used either in the standalone program or within Word and Excel. To create a list, type the search terms in the dialog box and save it. To use the list, click “Actions > Load Search Terms” and select the desired list.

Taser International, Inc. manufactures and markets several styles of stun guns under the brand name Taser. The word "taser" apparently originated in a Tom Swift adventure book, part of a ghostwritten series of books about a boy inventor that ran from 1910 through the 1970s. Taser stands for "Thomas A. Swift Electric Rifle." Jack Cover, a NASA scientist, invented and patented the electronic stun gun in 1974, naming it for the invention he recalled from his childhood reading. Cover's original Taser resembled a large flashlight. It used gunpowder to blast two wires at its target. When probes attached to the wires connected to the target's body, the Taser delivered massive but short-lived electrical bursts. These bursts overrode the target's neuromuscular system. Ideally, the target collapsed instantly and remained incapacitated—but essentially unharmed—long enough for the Taser's wielder to escape. Cover marketed his invention through a company called Taser Systems. Taser Systems went into bankruptcy, and it was then sold to an investor who operated it under the name Tasertron. Tasertron was a small business which marketed its products to police departments. The Los Angeles Police Department used Tasertron's Tasers, most publicly in 1991 in the notorious Rodney King case. Police officers fired a Taser at King, but it failed to incapacitate him. The officers then beat King in a videotaped attack that prompted much outrage.

In 2003, Taser International bought out its rival Tasertron. The company spent $1 million to acquire Tasertron's assets and patents. This gave Taser International undisputed rights to the underlying technology and left the company the unquestioned leader in the stun gun market. Taser International also took over Tasertron's pending government contracts. The acquisition gave Taser International new access to some military markets and put an end to the legal squabbling between the two companies. Several months later, the company announced it was spending $2.9 million to build new facilities in Scottsdale. The company brought out a new model that year, the X26, and needed the new plant to meet its growing orders. Law enforcement sales were increasing. Many of Taser's customers were small police departments, but in 2003 the company sold 200 stun guns to the Chicago Police Department, one of the largest police departments in the country. Taser hoped that might lead to more orders from major metropolitan law enforcement bureaus.

Once you’ve completed redacting the document, save and close it. At that point, the redactions are permanent. Even you as the author cannot reverse them. However, the document remains in its native Word or Excel format and can be edited and manipulated in all other ways.

Redaction is not so straightforward in Microsoft Word and Excel. To redact text in these programs, you need a third-party plug-in. For Word 2007 and 2010, a free redaction tool can be downloaded from http://redaction.codeplex.com. The tool was created by a Microsoft engineer, but it is not officially supported by Microsoft. Its functionality in Word is limited and it does not work with Excel.

Spors, Kelly K., and Jonathan Weil, "Moving the Market—Tracking the Numbers," Wall Street Journal, February 3, 2004, p. C5.

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Encyclopedia.com gives you the ability to cite reference entries and articles according to common styles from the Modern Language Association (MLA), The Chicago Manual of Style, and the American Psychological Association (APA).

Taser International, Inc. is a leading manufacturer of stun guns. Its weapons, which it describes as "less lethal," are used by law enforcement officers across the United States and Canada. The company markets its Taser brand stun guns in some 60 other countries as well. While law enforcement and the military make up most of its customers, Taser has also developed models designed for consumers. United Airlines made a major purchase of Tasers to protect its airplane cockpits, and Taser International has a potential wide market among other airlines, pending federal regulation. Unlike other stun guns, the Taser can operate from a distance. It fires small barbs into an attacker, and electrical charges travel along wires through the barbs, delivering incapacitating electronic pulses. The company was founded by two brothers, Patrick and Thomas Smith, and is chaired by their father, Phillips W. Smith. The Smith family owns roughly one-third of the stock of the publicly traded company.

Air Taser thought its consumer sales would jump if ordinary people could see and hear about police using the weapons. Bound by Tasertron's suit, however, the company instead tried to reach consumers with a different product line. The company made an anti-theft device for cars which debuted in 1997. The Auto Taser was similar to a popular anti-theft device called The Club, a metal bar that locked the steering wheel. Car thieves had figured out how to get past The Club by sawing through the steering wheel or by picking the lock. The Auto Taser was a locking metal bar with the addition of a motion sensor. Any movement of the steering wheel activated an alarm. This set off electrical waves that shocked or stunned a would-be thief. Air Taser began selling the Auto Taser through Sharper Image, which ran both retail stores and a mail order catalog. However, the Auto Taser never took off. "No one bought it," Tom Smith told the Los Angeles Times (March 21, 2002). "My brother started calling it the Bearded Lady: Everyone wanted to look at it and no one would take it home."

"Taser International, Inc ." International Directory of Company Histories. . Encyclopedia.com. 3 Dec. 2024 .

To test out the redactions, I copied all the redacted and unredacted text from a document into a simple text-only file. In the text-only file, the blacked-out text from the redacted document appears as only “|||||||||||.”

Taser arranged its initial public offering (IPO) with an underwriting firm that had handled several other law enforcement-related businesses, Paulson Investment Company. The firm was to debut on the NASDAQ, and the stock sell-off was intended to raise about $11 million. Unfortunately, the timing of the offering was bad. Many small high-tech companies traded on the NASDAQ, and these stocks had been flying high through the late 1990s into 2000. The stock market started to contract in 2000, and the NASDAQ was particularly hard hit. Over 400 companies went public in 2000, the last good year of the 1990s bull market, compared to only 91 for 2001. Financing was hard to find, and investors were wary of once-hot small cap stocks. Tom Smith, in the Los Angeles Times interview cited above, claimed that the IPO market was so poor that "we had to pull brokers from under desks to talk to us."

A word of caution: When Redact Assistant redacts, it means it. Even the licensed user of the program cannot reverse a redaction. Once a file is redacted, saved and closed, the redaction is permanent. Even before the file is saved and closed, the “undo” command works for redactions only in Word, not in Excel. That means that you should create copy of the original file before redacting it, so only the copy is redacted and the original is preserved.

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Redact Assistant can be purchased and downloaded from the PayneGroup website (www.thepaynegroup.com) for a price of $45. Quantity discounts are available for purchases of 20 or more licenses. The software works with Word and Excel 2010 and 2013 and can be run on both 32- and 64-bit Windows operating systems, beginning with Windows XP. It does not work with the cloud-based version of Office 365.

All Air Taser's marketing was initially directed at consumers. It produced a video to show people how the Taser worked, and the brothers demonstrated the Taser at trade shows. However, though the company had strong initial sales, its costs were high, and Air Taser was far from profitable. The Smiths frequently scrambled to meet the payroll of their assemblers and other employees. Air Taser hoped it could reach a broader market by selling to law enforcement agencies, but there were several roadblocks. The Taser still had some operational flaws. Rick Smith showed the product to the Czech National Police Academy in Prague in 1995, when to his mortification the Taser failed to stop a volunteer. This police cadet was able to keep going despite the pain of the Taser attack, and Smith's demonstration came to a humiliating end with the cadet locking him in a wrestling hold. The company went back to the drawing board, developing a different model that set off severe muscle contractions in the target body. This meant that even if a person was impervious to pain—because of rage, psychosis, or whatever reason—the Taser's shock would nevertheless be debilitating. The next step was to sell the Taser to police forces. In this endeavor, Air Taser was blocked by an existing licensing agreement between Jack Cover and the earlier Taser manufacturer Tasertron. Tasertron filed suit against Air Taser, claiming it had the exclusive rights to market Cover's invention to police and military. While Air Taser believed its agreement with Cover let it sell to the military and police as well, the company did not have the finances to fight the case in court. Consequently, Air Taser settled with Tasertron, agreeing to market only to private consumers until February 1998.

After selected the files, the next step is to identify the terms to redact. You can list multiple words, phrases and patterns to be redacted in a single operation. For example, you can list both “Mrs. Smith” and “Sarah Smith” to redact all instances of both phrases.

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A useful feature is the ability to select from a list of predefined terms for redaction. This lets you choose to redact full or partial Social Security numbers, credit-card numbers and U.S. telephone numbers. Simply select an option from this list – such as “Social Security Number – Full” – and the program will search all the selected documents for Social Security numbers and redact them.

Recently, PayneGroup released Redact Assistant, a new product that makes it easy to redact information in native Word and Excel documents in Office 2013 and 2010. It offers several advanced features, including the ability to redact multiple terms in a single operation and to redact multiple files at the same time. It is the only stand-alone program that saves Excel redactions in Excel format.

"Scottsdale, Ariz.-Based Stun-Gun Devices Maker Gets Big Deal with Airline," Knight Ridder/Tribune Business News, November 16, 2001.

7860 East McClain Drive, Suite 2Scottsdale, Arizona 85260U.S.A.Telephone: (480) 991-0797Toll Free: (800) 978-2737Fax: (480) 991-0791Web site: http://www.taser.com

The Smith brothers incorporated Air Taser, Inc. in Scottsdale, Arizona in 1993. They hired an electrical engineer to design a prototype, and by the end of the year they had a model to show the Bureau of Alcohol, Tobacco, and Firearms. The bureau approved the Air Taser for consumer use, and the new company began selling its product at the 1995 Consumer Electronics Show. Though Air Taser did little advertising, there was enough interest in its product line to give it sales of several million dollars in its first year. Air Taser grew from seven employees to 25, and it began selling through the electronic gadget retailer Sharper Image. Air Taser employed a lobbyist and public relations man to handle regulatory and safety concerns. While stun guns were outlawed in several states, 43 states allowed their sale without the licensing and waiting period that burdened other weapon transactions.

Because each style has its own formatting nuances that evolve over time and not all information is available for every reference entry or article, Encyclopedia.com cannot guarantee each citation it generates. Therefore, it’s best to use Encyclopedia.com citations as a starting point before checking the style against your school or publication’s requirements and the most-recent information available at these sites:

One common situation is e-discovery, when you need to produce files in their native formats. With this software, you can safely provide documents with sensitive information securely redacted. Another situation suggested to me by Donna Payne is when you are working with someone – perhaps a client or another lawyer – who you want to have access to a file, but not allow them to see parts of the file that are sensitive.

Donna Payne, CEO of PayneGroup, recently provided me with a brief demonstration of Redact Assistant and then provided me with a free download of the software to test on my own computer. I found the software to be easy to install and easy to use, both for simple redactions and more complex operations.

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Blackwood, Alisa, "Response to Terror: New Taser Guns Aim for Bigger Things," Los Angeles Times, November 18, 2001, p. A21.

Patrick "Rick" Smith was earning a master's degree in business administration at the time of the Rodney King incident. That same year, two of Smith's friends were shot to death during an angry altercation with a motorist. Smith wanted his mother to have a gun at home, to defend herself, but she would not accept one. Smith brooded over the problem of self-defense, wondering why the public could not buy something less dangerous than a gun for protection. He researched the stun gun used in the King incident, which had evidently failed to work because of a battery problem. As a classroom project, Smith developed a business plan for a new and improved stun gun. When he graduated in 1993, Smith brought his academic project to life. He contacted inventor Jack Cover, and the two began to tinker with the stun gun design. With an investment put up by his brother Tom and other family members, Smith bought the rights to the Taser and made a significant change. Cover's Taser fired its barbs using gunpowder. Because of that, it was classified as a firearm and was subject to all the laws and regulations that governed guns. The Smiths adapted the firing mechanism so that it used a compressed air cartridge. This changed the weapon's classification so that consumers would be able to buy it without a license.

The company was close to bankruptcy several times, but it kept going. In 1998, Air Taser was legally free to market its products to law enforcement agencies. By that year, it had sold more than 100,000 Tasers in the United States and had exported the weapon to some 60 countries abroad. The company began to develop a more powerful Taser and to show prototypes to the law enforcement community. Air Taser used a former Marine, Hans Marrero, to demonstrate the effects of the new model. Marrero had been the Hand-to-Hand Combat Chief of the U.S. Marine Corps, and he had the physical strength and willpower to fight off the effects of the first Air Taser. The new Advanced Taser knocked down even the formidable Marrero in under two seconds. In 1998, the company changed its name to Taser International, Inc., reflecting its growing overseas sales and its development past the Air Taser to more advanced models. In 1999, Taser International demonstrated its new model at the U.S. Marine Corps headquarters and then at a meeting of the International Association of Chiefs of Police. The company got permission to sell its products in Canada in 1999, though stun guns had previously been banned in that country. Taser International began to make sales of its Advanced Taser to police forces and correctional facilities throughout the United States by the end of 1999.

The plug-in also allows you to search for and redact a list of terms in a Word or Excel file. To do this, select “Search and Redact” from the tab, type in your search terms, and then click “Redact All.”

This article won the LitigationWorld Pick of the Week award. The editors of LitigationWorld, a free weekly email newsletter for litigators and others who work in litigation, give this award to one article every week that they feel is a must-read for this audience.

A final option when redacting multiple documents is to set search options for the terms to redact. This lets you select a term or phrase (or multiple terms or phrases) and designate options for searching for the term or phrase. You can this to perform wildcard searches or “sounds like” searches, for example, or to match a specific case or ignore punctuation.

To redact multiple files in a single operation, you would use the standalone version of Redact Assistant. With the software open, you first select the files to be redacted and then select a file-folder location for the redacted files to be output. The software automatically outputs the redacted documents as new files and saves the originals.

Another popular redaction program, Redact-It, does work with both Word and Excel. However, it does not allow the redactions to be saved in the native Word and Excel formats. Rather, it outputs the redactions to PDF or TIFF files.

The tragedy of September 11 stimulated Taser sales to law enforcement groups, airlines at home and abroad, and to consumers. Since 1998, Taser International had focused its sales on the police and military. Tasers were available in fewer than 100 retail stores. In 2002, the company brought out a model designed specifically for the consumer market. Some 500 retailers were expected to carry the consumer model Taser by the end of 2002. More than a thousand police departments in the United States were using Tasers by that year. Revenue doubled, and the company's long struggle to keep going finally seemed to be paying off. Tasers were also increasingly in the news. Time magazine, Business Week, the New York Times and the Wall Street Journal all wrote about the company in 2002 or 2003. There were some cases of deaths of people stunned with Tasers, though the company claimed that medical examinations in every case pointed to another underlying cause for the fatality.

The reason to buy this program is for its ability to redact Word and Excel files in their native formats. Not every lawyer needs that ability. Often, redacting a document in PDF is sufficient. However, there are a number of situations where it could be useful to have the ability to securely redact native files.

"Taser International, Inc ." International Directory of Company Histories. . Encyclopedia.com. (December 3, 2024). https://www.encyclopedia.com/books/politics-and-business-magazines/taser-international-inc

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Bob is a lawyer, veteran legal journalist, and award-winning blogger and podcaster. In 2011, he was named to the inaugural Fastcase 50, honoring “the law’s smartest, most courageous innovators, techies, visionaries and leaders.” Earlier in his career, he was editor-in-chief of several legal publications, including The National Law Journal, and editorial director of ALM’s Litigation Services Division.

With the copy open in Word or Excel, select the text to be redacted and then click “Redact Selection” on the Redact tab. If you make a mistake in Word, you can use the Undo command to reverse the redaction. In Excel, you cannot undo a redaction, so be careful.

"Taser International, Inc. Announces Land Purchase for New Corpo rate Headquarters," PR Newswire, August 22, 2003, p. 1.

"Scottsdale, Ariz.-Based Stun Gun Maker Continues to See Growth," Knight Ridder/Tribune Business News, September 23, 2003.

Lawyers often have to redact documents in order to obscure confidential, privileged or sensitive information. Redaction is most typically required for documents filed with a court or exchanged during discovery.

For PDF documents, redaction is a fairly simple process, because most of the leading PDF programs used by lawyers include redaction as a built-in feature. Both Adobe Acrobat Pro and Nuance Power PDF Advanced include the ability to black out sensitive information.

ABOUT LAW SITES LawSites is a blog covering legal technology and innovation. It is written by Robert Ambrogi, a lawyer and journalist who has been writing and speaking about legal technology, legal practice and legal ethics for more than two decades.

Once the file is downloaded, it installs in just a matter of minutes. The program is installed on a computer in two versions – as a standalone program and as a plug-in within Word and Excel. The standalone program is using for redacting multiple files at once and for other advanced operations. The plug-in is used to redact a single Word or Excel file.