GUN SAFETY LAW PASSED
SAFH, A play on Congressional Gun Safety laws
Saf-T-Hammer Included in House Gun Safety Device Definition; Lawmakers Add Language to Ensure Device is Covered
WASHINGTON--(BUSINESS WIRE)--June 17, 1999--The amendment members of Congress will consider today to require gun safety devices, includes new language specifically drafted to include a new type of device called Saf-T-Hammer (OTC BB: SAFH).
Because Saf-T-Hammer is not a lock and is unlike any other existing gun safety device, language was specifically crafted and included in the amendment to ensure that this life saving innovation is included in the definition of such devices.
The gun safety device amendment, No. 164, will be offered by Representative Tom Davis (R-VA) during consideration of H.R. 2122, scheduled for Floor action Thursday, June 17, 1999. Under the terms of the Rule, the Davis amendment is not subject to amendment on the House Floor.
The term "trigger lock" has become a shorthand for many when they talk about gun safety devices. But Saf-T-Hammer is not a trigger lock. Saf-T-Hammer is a two-piece hammer that prevents discharge of a firearm when the top portion of the hammer is removed. Saf-T-Hammer replaces a gun's original hammer.
When the upper part of Saf-T-Hammer is removed, there is no metal to strike the firing pin, preventing the gun from discharging. Parents can remove the hammer head, secure in the knowledge that their children or others who are not authorized to use the firearm will not be able to fire the gun. Saf-T-Hammer was developed by the Saf-T-Hammer Corp., a Scottsdale, Ariz. firm.
The gun safety device amendment passed in the U.S. Senate, sponsored by Senator Herbert Kohl (D-WI), was intended to cover Saf-T-Hammer, and Senator Kohl and Senator Jon Kyl (R-AZ) engaged in a colloquy to establish such legislative intent.
But the House version, which says, "a device that is easily removable from a firearm and that, if removed from a firearm, is designed to prevent the discharge of the firearm by any person who does not have access to the device," was specifically crafted to cover Saf-T-Hammer.
Company officials are pleased by the reception that Saf-T-Hammer has received in the Halls of Congress. Several Representatives lauded the device during their testimony before the House Rules Committee, including House Judiciary Subcommittee on Crime Chairman Bill McCollum (R-FL), Deputy Minority Leader, Rosa DeLauro, (D-CT), and Congressional Caucus for Women's Issues Co-Chair Carolyn Maloney (D-NY).
Because of its unique design, Saf-T-Hammer appeals to those gun owners who have been reluctant to use trigger locks, creating a safer environment for more children. And, in contrast with other products, there are no sequences, codes, keys or combinations to remember. Saf-T-Hammer can be removed or replaced in seconds -- even in the dark.
And, the device can be retrofit on any firearm with an external hammer by gunsmiths in less than a half-hour for under $50, including parts and labor.
Unveiled at the industry SHOT Show in Atlanta earlier this year, Saf-T-Hammer has received high praise from law enforcement officials and other gun owners. Bill Watts, president of Pennsylvania Police Supply, who will be Saf-T-Hammer's first distributor, said, "I know the law enforcement departments and others that I sell to will find this product much more attractive than other devices on the market."
Watts adds, "While I distribute other safety devices, including trigger locks and cable locks, Saf-T-Hammer impressed me because unlike a trigger lock, it can't be knocked off, and unlike a cable lock, it can't be cut off." Pennsylvania Police Supply is one of the largest distributors of police equipment and shooting supplies in the East.
"We are pleased that Saf-T-Hammer has received such strong bipartisan support. Members of Congress on both sides of the aisle, from all political spectrums, have been working to ensure that this device will be available to gun owners, " said Executive Vice President Sandy Price.
"We all want to help save lives. We believe Saf-T-Hammer will do just that, and we are heartened by the tremendous enthusiasm the device has generated."
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.
For more information about Saf-T-Hammer, to view the device, or to schedule an interview with the company's Executive Vice President Sandy Price, please call Jed Perry at 202/728-0800.
CONTACT:
The Hoffman Group
Jed Perry, 202/728-0800
fax, 202/728-0802
E-mail: perry@hoffmangroup.com
web site: hoffmangroup.com
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