OMAHA, Neb., Oct. 16, 2019 (GLOBE NEWSWIRE) — AXON / TASER’S (AAXN) APPEAL REJECTED BY US PATENT TRIAL AND APPEAL BOARD’S AFFIRMANCE OF EXAMINER’S INVALIDATION OF ALL US PATENT NO. 7,234,262 CLAIMS
JUDGE BYRON OF THE FEDERAL DISTRICT COURT OF CENTRAL FLORIDA ON PAGE 12 OF THE SANCTIONS ORDER ISSUED IN THE CASE OF AXON (AAXN) formally TASER INTERNATIONAL -v- PHAZZER ELECTRONICS STATED…..
OMAHA, Neb., Oct. 15, 2019 (GLOBE NEWSWIRE) — PhaZZer announces that TASER/AXON (AAXN) filed a (now withdrawn) unsupported lawsuit in what appeared to be a last-ditch attempt to stop the PhaZZer Enforcer CEW and cartridges’ entry as the only viable and accepted competitor by US Law Enforcement.
AXON ENTERPRISE MARKET CAP: $4.0B (MID CAP) EXCHANGE: NASDAQ TICKER: AAXN HQ: SCOTTSDALE, AZ SECTOR: INDUSTRIAL GOODS 17 ACTIVIST INSIGHT MONTHLY AUGUST 2019 | WWW.ACTIVISTINSIGHT.COM position itself as a software as a service (SaaS) provider to law enforcement agencies.
Tweeted by Spruce Point Capital 21 June 2019
PhaZZer had strong market traction before the $AAXN injunction…
All it takes are very modest market penetration assumptions by PhaZZer and/or modest price concessions by Taser, and $AAXN will wildly miss street estimates that are calling for 10% Taser revenue growth
The Axon patent expiry is confirmed at Google Patents, opening the door for new, and existing competition that have been waiting on the sidelines patiently while perfecting their product, price and distribution strategy
Spruce Point has learned of an imminent renewed competitive threat to Axon. The Street is not yet aware. PhaZZer Global is set to launch a new CEW in October 2019. Axon’s injunction for patent 262 expires Oct 2019. We expect PhaZZer’s new product will be 30% cheaper…
Report entitled “A Stunning Short” outlines how Axon, formerly known as Taser International, faces 40-60% downside risk to approximately $27.50 to $40.00 per share due to its inability to gain traction on proposed software offerings, aggressive revenue recognition and future margin erosion…
PhaZZer IP, LLC. Launches Licensed U.S. Suppliers in Competition to Axon Enterprises, Inc. (AAXN) Single Shot, Cartridges