SAN DIEGO, Sept. 30, 2015 (GLOBE NEWSWIRE) — LRAD Corporation (NASDAQ: LRAD), the world’s leading provider of Long Range Acoustic Devices® and advanced ONE VOICE Mass Notification Systems (MNS), today announced multiple Acoustic Hailing Device (AHD) and LRAD ONE VOICE MNS orders totaling over $945,000 for defense, homeland security, and critical asset protection & infrastructure security.
Oklahoma National Guard
Oklahoma will be the first state to deploy the mobile LRAD ONE VOICE MNS for emergencies and disaster relief. Fully self-contained, the mobile LRAD 360XT MNS delivers highly intelligible voice and alert tone broadcasts with uniform 360° coverage over large areas and is integrated with a ruggedized trailer that features securely mounted, lockable electronics and equipment enclosures, amplifier modules, battery pneumatic system, and a rapidly deployable, telescoping 30 ft. mast.
“Severe weather and natural disasters often compromise communication infrastructure,” commented Tom Brown, President & CEO of LRAD Corporation. “Our mobile LRAD ONE VOICE 360XT provides the perfect mass notification solution for the National Guard during emergency situations and disaster relief missions.”
U.S. Coast Guard
The U.S. Coast Guard is replacing ship-to-ship loudspeaker systems on several cutters that operate in the Pacific and the Middle East with LRAD 450XL and LRAD 500X systems. The U.S. Coast Guard will utilize the LRAD AHD systems for anti-terrorism, force protection, exclusion zone notification, search and rescue, and maritime interdictions.
“These are our first orders from the U.S. Coast Guard,” remarked Brown. “Having been selected by the U.S. Navy as its AHD of choice for small vessels, we’re pleased to now support the U.S. Coast Guard in its important maritime missions.”
The follow-on LRAD 500X systems and accessories order is from the U.S. Army’s Rapid Equipping Force (REF). The REF harnesses current and emerging technologies to provide immediate solutions to the urgent challenges of U.S. Army forces deployed globally.
“Our LRAD 500X enables our military to clearly communicate in any language over distances up to 2,000 meters,” Brown noted. “By broadcasting hails, warnings and commands with exceptional clarity, LRAD AHDs determine intent, prevent misunderstandings, provide a critical escalation of force capability, and save lives.”
The Hoover Dam is installing an LRAD 1000RX system to broadcast warnings to boaters and prevent restricted area entries near the dam.
“Dams, ports, water treatment plants and other critical infrastructure facilities are being protected by remotely operated LRAD systems,” added Brown. “Our LRAD 1000RX reduces security threats and provides a highly effective, cost efficient, remote response security solution.”
U.S. State Department
The U.S. State Department has ordered helicopter mounted LRAD 500X systems and accessories, and an LRAD 500RX. The LRAD AHDs will be deployed for security and critical asset protection at an overseas embassy.
“While we’ve received orders from the U.S. State Department previously, these are its first orders for helicopter mounted and remotely operated LRAD systems,” Brown concluded. “These initial and follow-on orders are indicative of the versatility of our LRAD product line.”
About LRAD Corporation
LRAD Corporation designs, manufactures and markets Long Range Acoustic Devices® and advanced ONE VOICE™ mass notification systems to save lives on both sides of its proprietary products. LRAD® systems are in service in more than 70 countries around the world in diverse applications including mass notification and public address, fixed and mobile defense deployments, maritime security, critical infrastructure and perimeter security, commercial security, border and port security, law enforcement and emergency responder communications, asset protection, and wildlife control and preservation. For more information about the Company and its LRAD systems, please visit www.lradx.com.
Except for historical information contained herein, the matters discussed are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on these statements. We base these statements on particular assumptions that we have made in light of our industry experience, the stage of product and market development as well as our perception of historical trends, current market conditions, current economic data, expected future developments and other factors that we believe are appropriate under the circumstances. These statements involve risks and uncertainties that could cause actual results to differ materially from those suggested in the forward-looking statements. These risks and uncertainties are identified and discussed in our filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management’s expectations as of the date hereof. Future results may differ materially from our current expectations. For more information regarding other potential risks and uncertainties, see the “Risk Factors” section of the Company’s Form 10-K for the fiscal year ended September 30, 2014. LRAD Corporation disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.
CONTACT: E. Brian Harvey Director, Investor Relations and Capital Markets 858.753.8974 email@example.com