Byrna Technologies Partners with USCCA to Promote Less-Lethal Self-Defense Solutions
January 27 2025 - 7:30AM
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, today announced
that it is partnering with the United States Concealed Carry
Association (USCCA). This collaboration will enable Byrna to
highlight its less-lethal solutions to nearly one million USCCA
members.
The United States Concealed Carry Association
(USCCA) helps responsible Americans prepare for what happens
before, during, and after an Act of Self-Defense. In addition to
offering education and training, the USCCA has an insurance policy
that provides the association’s members with self-defense liability
insurance.
“This collaboration further legitimizes our
less-lethal launchers as viable alternatives to traditional
firearms,” said Bryan Ganz, CEO of Byrna. “With nearly a million
members, the USCCA also offers us a new channel to introduce our
products to responsible gun owners, a key demographic for us. We
encourage our customers to take advantage of the USCCA’s
self-defense training and liability insurance to ensure they are
well-prepared and protected.”
USCCA Chairman and Co-Founder Tim Schmidt added:
“Byrna is a leader in the less-lethal market, and we are proud to
showcase their products to our members as an important self-defense
option. We look forward to providing Byrna customers with access to
best-in-class liability protection and important self-defense
training lessons.”
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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