LRAD® Corporation Receives $895,000 in Follow-On Public Safety Orders from Asia Pacific Region
January 04 2018 - 9:00AM
LRAD Corporation (NASDAQ: LRAD), the world’s leading provider
of acoustic hailing devices (“AHDs”) and advanced mass notification
systems, today announced $895,000 in follow-on AHD orders from the
Asia Pacific region. The orders are scheduled to ship in the
Company's current fiscal year.
“LRAD's superior broadcast range, vocal clarity,
and durability continue to drive follow-on orders. The AHDs in
these orders will be vehicle mounted and provide law enforcement a
critical communications capability for everyday duties and elevated
risk operations,” noted Richard S. Danforth, Chief Executive
Officer of LRAD Corporation. “Public safety agencies in Asia and
throughout the world are making LRAD their communication system of
choice.”
In public safety and law enforcement
applications, LRAD's optimized driver and waveguide technology
safely deliver audible voice messages with exceptional clarity from
close range out to 3,500 meters. Up to 10X louder than bullhorns
and vehicle P.A. systems and significantly more intelligible, LRAD
broadcasts are clearly heard and understood above background noise,
and inside vehicles and buildings.
About LRAD Corporation
Using advanced technology and superior voice
intelligibility, LRAD Corporation’s proprietary Long Range Acoustic
Devices® and advanced ONE VOICE® mass notification systems are
designed to enable users to safely hail and warn, inform and
direct, prevent misunderstandings, determine intent, establish
large safety zones, resolve uncertain situations, and save lives.
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, homeland,
border, critical infrastructure, maritime, oil & gas, and port
security, public safety, law enforcement and emergency responder
communications, asset protection, and wildlife control and
preservation. For more information, please visit www.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, 2017. LRAD Corporation
disclaims any intent or obligation to update those forward-looking
statements, except as otherwise specifically stated.
Company Contact
E. Brian Harvey
Director, Investor Relations and Capital Markets
858.753.8974
ebharvey@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