LRAD® Corporation Announces Over $1.5 Million in Orders from Asia Pacific Region
April 04 2018 - 9:00AM
LRAD Corporation (NASDAQ: LRAD), the global leader in
long-range voice broadcast systems, advanced mass notification and
distributed recipient solutions, today announced over $1.5 million
in orders from the Asia Pacific region. The orders include
LRAD 100X systems with magnetic mounts and LRAD 450XL systems,
accessories and spare kits for law enforcement and public safety
applications.
“LRAD is quickly becoming law enforcement’s
voice broadcast system of choice throughout the world,” remarked
Richard S. Danforth, Chief Executive Officer of LRAD Corporation.
“LRAD systems are vastly superior to bullhorns and vehicle P.A.
systems and provide police a safer, more effective alternative to
non-lethal options during potentially dangerous public safety
situations.”
LRAD is fundamentally changing the way public
safety agencies conduct everyday duties and elevated risk
operations. LRAD systems ensure law enforcement’s warnings,
commands and notifications are clearly heard and understood above
background noise and inside vehicles and buildings. Rugged,
portable and easy to operate, LRAD resolves uncertain situations,
protects the public and police, and saves lives.
About LRAD Corporation
The Company's proprietary Long Range Acoustic
Devices®, advanced ONE VOICE® mass notification systems, and
innovative Genasys™ mass messaging solutions 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 72 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 http://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
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