LRAD Corp. (LRAD) Receives LRAD 100X™ Order From US Air National Guard
SAN DIEGO, CA — (Marketwire) — 09/26/12 — LRAD Corporation (NASDAQ: LRAD), the world’s leading provider of long range acoustic hailing devices (AHDs), announced today it has received a new order from the United States Air National Guard for LRAD 100X systems. The order totals $550,000 and is scheduled to ship this quarter.
“With this order, LRAD systems will be in use by every major force of the Department of Defense,” remarked Tom Brown, president and CEO of LRAD Corporation. “The Air National Guard will be deploying the LRAD 100X systems throughout the country to support and assist civil authorities in the event of severe natural or man-made disasters. LRAD systems have proven highly effective in communicating warnings, instructions and commands over wide areas before, during, and in the aftermath of catastrophes.”
Self-contained and hand portable, the LRAD 100X is 20 – 30 decibels (dB) louder than most bullhorns and megaphones. Optimized driver and wave-guide technology ensure crystal clear voice communication so every syllable is understood over distances up to 600 meters. This extraordinary acoustic performance comes in a rugged package that can be operated in all weather conditions. Interfaces include a hardened microphone as well as a Mil-Spec media player designed for easy operation in demanding environments. The LRAD 100X is the world’s best solution for portable on-scene, emergency communications.
“Our proprietary LRAD systems are the most reliable AHDs available,” Brown added. “When disaster strikes, LRAD provides military and civilian emergency responders with One Voice to clearly communicate warnings and instructions to help keep the peace and save lives.”
About LRAD Corporation
LRAD Corporation is using long range communication to resolve uncertain situations peacefully and save lives on both sides of its proprietary Long Range Acoustic Device®. LRAD® systems are in service around the world in diverse applications including fixed and mobile military deployments, maritime security, critical infrastructure and perimeter security, commercial security, border and port security, law enforcement and emergency responder communications, asset protection and wildlife preservation and control. For more information about the Company and its LRAD systems, please visit www.lradx.com.
Forward-looking Statements: 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, 2011. LRAD Corporation disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.
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