LRAD® Corporation Receives $850,000 in International Public Safety Notification and Wildlife Preservation Orders
June 20 2019 - 9:00AM
LRAD Corporation (NASDAQ: LRAD), a global leader in critical
communication systems, today announced mass notification public
safety orders for Japan and multiple islands in the Asia Pacific
region, and an acoustic hailing device (“AHD”) systems order for
wildlife preservation from Canada. The AHD systems will be
integrated with avian radar and used to locate and deter birds from
landing on tailing ponds at a mining operation.
In Japan, the Company’s SoundSaber-X systems
will be installed on buildings in certain urban areas to provide
visually discrete public safety mass notification.
The Asia Pacific islands’ SoundSaber-X
installations will help protect residents by broadcasting voice
warning notifications and evacuation instructions during severe
weather and tsunami threats.
“Warning sirens cannot provide critical
information about the nature of an emergency and the actions
necessary to help safeguard lives,” remarked Richard S. Danforth,
Chief Executive Officer of LRAD Corporation. “Industry-leading
vocal clarity, area coverage, and activation, control and power
options have established LRAD’s public safety systems as the clear
choice for mass notification and emergency management.”
LRAD public safety systems have the highest
Speech Transmission Index rating in the mass notification industry
at 0.95, substantially exceeding FEMA’s 0.50 voice intelligibility
requirement. Featuring satellite control and solar power options,
LRAD mass notification systems integrate easily with external
sensors and are compatible with IPAWS and other major emergency
warning protocols.
About LRAD Corporation
The Company's proprietary Long Range Acoustic
Devices® and advanced Genasys™ critical communication solutions are
designed to enable users to safely hail and warn, notify and
direct, prevent misunderstandings, determine intent, establish
large safety zones, resolve uncertain situations, and protect
lives.
LRAD systems are in service in 72 countries
around the world in diverse applications, including public safety,
mass notification, defense, law enforcement, homeland and border
security, critical infrastructure protection, fire rescue, incident
management, maritime and port security, and wildlife control and
preservation. For more information, visit LRAD.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,
2018. LRAD Corporation disclaims any intent or obligation to update
those forward-looking statements, except as otherwise specifically
stated.
Investor Relations Contacts
Jim Fanucchi and Satya Chillara
Darrow Associates, Inc.
ir@lrad.com
LRAD (NASDAQ:LRAD)
Historical Stock Chart
From Aug 2024 to Sep 2024
LRAD (NASDAQ:LRAD)
Historical Stock Chart
From Sep 2023 to Sep 2024