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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: MaryinRed who wrote (7174)6/4/1999 12:05:00 PM
From: MaryinRed  Read Replies (1) of 108040
 
Saf-T-Hammer Pioneers Second New Locking Device
With None of the Drawbacks of the Standard Trigger Lock Device

Following the Senate's adoption of an amendment requiring all
handguns purchased from a manufacturer, importer, or licensed dealer
to be sold with a gun safety device, the Saf-T-Hammer Corp.
(OTC BB: SAFH) Friday announced its latest gun safety device, the
Saf-T-Trigger(TM).
Developed by the Saf-T-Hammer Corp. in Scottsdale, Saf-T-Trigger
is an easily operated security device designed to disable the trigger
without the use of awkward "add on" pieces, and without the danger
associated with standard trigger locks.
The tiny device, which is permanently installed in the trigger
housing, extends with the use of a specialized tool to prevent the
trigger from moving.
To rearm the gun, the same tool is used to retract the device
into its housing. Either move takes seconds. Children and unauthorized
adults without access to the specialized tool will not be able to
rearm a firearm protected by the Saf-T-Trigger.
Saf-T-Trigger can be incorporated into new guns or retrofit on
the majority of the nation's 65 million handguns currently in
circulation, as well as most long guns and hunting rifles, for about
$35.
The patent-pending Saf-T-Trigger is scheduled to be on store
shelves during the first quarter of 2000, and has distinct advantages
over other trigger-oriented storage devices now on the market.
Saf-T-Trigger can be used safely on both loaded and unloaded
guns. Unlike trigger locks or cable locks, Saf-T-Trigger cannot be
knocked off or cut off. And, there are no sequences, codes, or
combinations to remember.
Saf-T-Trigger compliments the corporation's growing line of gun
safety products, which includes the Saf-T-Hammer(TM), an easily
removable handgun hammer that fully disables the gun when removed, and
the Hammer Guard(TM), a polyurethane insert that blocks accidental
contact between the hammer and the round.
Sandy Price, executive vice president of Saf-T-Hammer Corp.,
stated, "Our patent pending status is timely, in light of the May 19th
amendment adopted by the Senate, requiring all handguns purchased from
a manufacturer, importer, or licensed dealer to be sold with a gun
safety device."
The amendment passed overwhelmingly by a margin of 78-20. The
House Judiciary Committee will hear testimony on similar language
sometime during the week of June 7th.
"Saf-T-Trigger offers another significant choice for gun owners
looking for a way to enhance the safety of their firearms," said
Saf-T-Hammer President, Mitchell A. Saltz. "With none of the drawbacks
of traditional trigger locks, we know Saf-T-Trigger will save lives."
Saf-T-Hammer is a public corporation listed on the OTC bulletin
board. Statements about the company's future expectations, including
future revenues and earning, and all other statements in this release,
other than historical facts, are "forward looking statements" within
the meaning of section 27A of the Securities Act of 1933, section 21E
of the Securities Act of 1934, and that term is defined in the Private
Securities Reform Act of 1995.
The company intends that such "forward looking statements" be
subject to the safe harbors created thereby.

--30--aec/ix*

CONTACT: Saf-T-Hammer Corp.
Sandra Price, 877/723-8486

KEYWORD: ARIZONA
INDUSTRY KEYWORD: GOVERNMENT

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