LRAD® Corporation Announces Critical Communication Systems Installation in the City of Mill Valley, CA
July 01 2019 - 9:00AM
LRAD Corporation (NASDAQ: LRAD), a critical communications company,
today announced the installation of LRAD public safety mass
notification systems in five locations throughout Mill Valley, CA.,
a city 15 miles north of San Francisco. The Company’s cloud-based
Genasys Command and Control software will remotely activate and
control the LRAD systems, which feature satellite connectivity and
battery backup.
James Wickham, mayor of Mill Valley, commented
on social media, “The City of Mill Valley is excited to announce
the installation of new and more powerful emergency sirens to
replace our aging system. These sirens are known as “LRADs” – Long
Range Acoustic Devices - and they project both siren and voice
recordings to alert and inform the community.”
“We’re concerned about natural disasters, and
we’re trying to use every tool in our toolbox to get the community
prepared,” said Mill Valley Fire Battalion Chief, Scott Barnes.
“The great thing about this system is it’s not run off
communication lines.”
“As we’ve seen in past fires in other
communities, the infrastructure burns down, so the warning systems
don’t work,” Mr. Barnes continued. “This is all satellite-based, so
we don’t have that problem.”
Click HERE to view video coverage of the LRAD systems
installation in Mill Valley.
“This is the Company’s first city-wide
installation in Northern California,” commented Richard S.
Danforth, Chief Executive Officer of LRAD Corporation. “This
$500,000 order, which we announced in early April, includes LRAD
DS-60XL systems and annual Genasys maintenance and licensing
fees.”
“In light of the deadly wildfires and flooding
that ravaged California the last two years, emergency warning
systems that continue to operate when existing power and
communication infrastructure fail are essential to safeguarding
residents,” added Mr. Danforth. “LRAD’s Genasys software, satellite
connectivity, battery backup, and industry-leading voice clarity
and area coverage provide emergency management officials the
assurance that critical communications will always be
delivered.”
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
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