Byrna Technologies Expands Presence in Argentina, Adding Airport Security Deployment

Byrna Technologies, Inc.
Byrna Technologies, Inc.

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ANDOVER, Mass., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced a 1,000 launcher order from Argentina’s Policía de Seguridad Aeroportuaria (“PSA”), the federal agency responsible for airport security across the country.

The PSA initially purchased Byrna’s less-lethal pistols and rifles in April. Since then, the agency has been training officers to use the launchers and has recently begun deploying them in airports across the nation.

Byrna Technologies, Inc.
Byrna Technologies, Inc.

PSA Officers equipped with Byrna TCR (left) and Byrna SD (right) at Ezeiza International Airport 
Credit: Policía de Seguridad Aeroportuaria

“This latest deployment of Byrna launchers with the PSA further highlights our expanding presence in Argentina and the increasing normalization of less-lethal solutions in both the country and the region broadly,” said Bryan Ganz, CEO of Byrna Teachnologies. “As our international footprint continues to grow, we are gaining strong traction with law enforcement agencies that are embracing less-lethal alternatives. These deployments reinforce our leadership in the evolving landscape of public safety, and we are looking forward to seeing the positive impact Byrna has across Argentina.”

This order is another significant step in Byrna’s expansion across Argentina. Earlier this year, Byrna secured a 10,000 launcher order with the Córdoba Provincial Police. The police departments of Lanús, Tigre, and Ezeiza, municipalities near Buenos Aires, Argentina have also been using Byrna launchers and ammunition in their units.

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 Statements

This 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 the fulfillment of orders, trends in acceptance of less-lethal solutions in Argentina and regionally, and growth in the Company’s international presence. 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.