Byrna Donating a Portion of Online Sales to Support Recovery Efforts for Los Angeles Wildfire Victims
January 15 2025 - 3:05PM
Byrna Technologies Inc. (“Byrna” or the
“Company”) (Nasdaq: BYRN), a personal defense technology
company specializing in the development, manufacture, and sale of
innovative less-lethal personal security solutions, is donating 10%
of proceeds from all purchases made on Byrna.com through January
21, 2025, to support recovery efforts for victims of the
devastating Los Angeles wildfires.
The funds will be distributed equally among four
trusted organizations providing immediate and long-term support to
those impacted:
- Salvation Army LA
(https://losangelescentral.salvationarmy.org)
- American Red Cross (https://redcross.org)
- LA Food Bank (https://lafoodbank.org)
- California Wildfire
Recovery Fund (https://www.cawildfirefund.com)
“Our hearts go out to all those affected by the
devastating wildfires in Los Angeles,” said Byrna CEO, Bryan Ganz.
“We are committed to helping these communities recover and rebuild
by supporting organizations that provide critical relief and
long-term assistance. Byrna is dedicated to standing with our
communities in times of crisis.”
“Growing up in Los Angeles, I’ve seen firsthand
the strength and resilience of this community,” said Luan Pham,
Byrna Chief Marketing Revenue Officer. “It’s important for us to do
our part to help during these challenging times. Byrna’s mission
has always been about protecting people, and that includes
supporting them when they need it most.”
Pham discussed Byrna’s support of the LA
wildfire recovery efforts yesterday during an interview on The Sean
Hannity Show, emphasizing the importance of solidarity and
collective action in times of need.
Byrna encourages its customers and community
members to join in supporting these efforts, whether through
Byrna’s initiative or by engaging with the listed organizations
directly.
About Byrna Technologies
Inc.Byrna is a technology company specializing in the
development, manufacture, and sale of innovative less-lethal
personal security solutions. For more information on the Company,
please visit the corporate website here or the Company's
investor relations site here. The Company is the manufacturer
of the Byrna® SD personal security device, a state-of-the-art
handheld CO2 powered launcher designed to provide a less-lethal
alternative to a firearm for the consumer, private security, and
law enforcement markets. To purchase Byrna products, visit the
Company's e-commerce store.
Forward-Looking StatementsThis news release
contains “forward-looking statements” within the meaning of the
securities laws. All statements contained in this news release,
other than statements of current and historical fact, are
forward-looking. Often, but not always, forward-looking statements
can be identified by the use of words such as “plans,” “expects,”
“intends,” “anticipates,” and “believes” and statements that
certain actions, events or results “may,” “could,” “would,”
“should,” “might,” “occur,” “be achieved,” or “will be taken.”
Forward-looking statements include descriptions of currently
occurring matters which may continue in the future. Forward-looking
statements in this news release include, but are not limited to,
our statements related to preliminary revenue results for the
fourth fiscal quarter and fiscal year 2024, the timing of the
release of full financial results for the quarter, trends regarding
brand recognition and future sales potential, sales during the
holiday season and during 2025, and the Company’s plans to open
Company-owned retail stores. Forward-looking statements are not,
and cannot be, a guarantee of future results or events.
Forward-looking statements are based on, among other things,
opinions, assumptions, estimates, and analyses that, while
considered reasonable by the Company at the date the
forward-looking information is provided, inherently are subject to
significant risks, uncertainties, contingencies, and other factors
that may cause actual results and events to be materially different
from those expressed or implied.
Any number of risk factors could affect our actual results and
cause them to differ materially from those expressed or implied by
the forward-looking statements in this news release, including, but
not limited to, disappointing market responses to current or future
products or services; prolonged, new, or exacerbated disruption of
the Company’s supply chain; the further or prolonged disruption of
new product development; production or distribution or delays in
entry or penetration of sales channels due to inventory
constraints, competitive factors, increased shipping costs or
freight interruptions; prototype, parts and material shortages,
particularly of parts sourced from limited or sole source
providers; determinations by third party controlled distribution
channels not to carry or reduce inventory of the Company's
products; determinations by advertisers to prohibit marketing of
some or all Byrna products; the loss of marketing partners;
potential cancellations of existing or future orders including as a
result of any fulfillment delays, introduction of competing
products, negative publicity, or other factors; product design
defects or recalls; litigation, enforcement proceedings or other
regulatory or legal developments; changes in consumer or political
sentiment affecting product demand; regulatory factors including
the impact of commerce and trade laws and regulations;
import-export related matters or sanctions or embargos that could
affect the Company's supply chain or markets; delays in planned
operations related to licensing, registration or permit
requirements; and future restrictions on the Company's cash
resources, increased costs and other events that could potentially
reduce demand for the Company's products or result in order
cancellations. The order in which these factors appear should not
be construed to indicate their relative importance or priority. We
caution that these factors may not be exhaustive; accordingly, any
forward-looking statements contained herein should not be relied
upon as a prediction of actual results. Investors should carefully
consider these and other relevant factors, including those risk
factors in Part I, Item 1A, (“Risk Factors”) in the Company's most
recent Form 10-K, should understand it is impossible to predict or
identify all such factors or risks, should not consider the
foregoing list, or the risks identified in the Company's SEC
filings, to be a complete discussion of all potential risks or
uncertainties, and should not place undue reliance on
forward-looking information. The Company assumes no obligation to
update or revise any forward-looking information, except as
required by applicable law.
Investor Contact:Tom Colton and Alec
WilsonGateway Group, Inc. 949-574-3860BYRN@gateway-grp.com
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