Fonon Corporation's Micro-Stamping Technology Enhances Ballistics Identification Allowing Traceability to Firearms.
Fonon's advanced micro-stamping technology now provides firearm manufacturers with new tools that help law enforcement deter gun trafficking. Traffickers generally purchase guns with the intent to illegally transfer the weapon to others. Traffickers who purchases guns for this purpose would now be on notice that the cartridge shell could be used to trace the gun back to them if the gun was used in the commission of a crime.
The American Bar Association (ABA) has recommended that federal, state, and territorial governments enact microstamping laws that would enable law enforcement officers to identify the weapon used in a crime and the purchaser of the firearm. The ABA concluded, "Microstamping technology will be a material aid to law enforcement in the effort to solve crimes committed by use of guns." With California taking the lead, similar legislation continues to be discussed in New York, Connecticut, Rhode Island, Massachusetts, Maryland, Wisconsin and Illinois with other states monitoring the legislation progress.
About Fonon Corporation
Fonon Corporation is the recognized leader of industrial-grade 3D Additive and Subtractive laser-based material processing systems. Our systems are used world-wide in the semiconductor, flat panel display, automotive, aerospace, industrial, defense, electronic and medical industries with a portfolio of intellectual property, knowhow & inventions placing our company in the unique position to offer both standard 3D material processing systems or our specialty of tooling 3D laser-based transforming systems designed around the unique applications of our customers.
Notice Regarding Forward-Looking Statements:
Note: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 involving risks and uncertainties. Results, events and performances could vary from those contemplated. These statements involve risks and uncertainties which may cause results, expressed or implied, to differ from predicted outcomes. Risks and uncertainties include but are not limited to product demand, market competition and the company's ability to meet current and future plans. Investors should study and understand all risks before making an investment decision. Readers are recommended not to place undue reliance on forward-looking statements or information. Fonon is not obligated to publicly release revisions to any forward-looking statement, to reflect events or circumstances afterward, or to disclose unanticipated occurrences except as required under applicable law.
R.Hunt, Investor Relations
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|Publication:||PR.com (Press Releases)|
|Date:||Aug 20, 2015|
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