LRAD® Corporation Receives $2.4 Million in National Guard and U.S. Military Orders
September 20 2018 - 9:00AM
LRAD Corporation (NASDAQ: LRAD), a global leader in long range
voice broadcast systems, advanced mass notification, and
distributed recipient software solutions, today announced orders
for the Air National Guard (“ANG”), U.S. Air Force, and U.S. Army
totaling over $2.4 million. The ANG order, comprised of LRAD
500X-MMT helicopter mounted systems, follows last year’s $2.4
million LRAD 360XL-MID mobile mass notification kits ANG order. The
LRAD air-to-ground communication systems will be mounted on HH-60G
Pave Hawk search and rescue helicopters based in Arkansas,
California, and New York.
Additionally, the Company received orders from
the U.S. Air Force, U.S. Army, and Army National Guard to support
U.S. and allied operations in the European, Pacific, and Caribbean
regions. The LRAD systems will be used for perimeter security
at sensitive military sites, internal communications at live fire
training ranges, and wide area communications during disaster and
emergency response operations.
“Recently certified safe for flight by the ANG,
the LRAD 500X-MMT significantly enhances air-to-ground
communication for search and rescue operations and other Air
National Guard missions,” commented Richard S. Danforth, Chief
Executive Officer of LRAD Corporation. “LRAD systems provide the
U.S. Military critical communication and escalation of force
capabilities for its many missions throughout the world.”
Featuring an integrated rechargeable power pack
and adjustable mount that fits in most medium and large
helicopters*, the LRAD 500X-MMT mounts quickly and is easily
removed following mission completion. Completely self-contained and
self-powered, the LRAD 500X-MMT broadcasts voice messages that are
clearly heard and understood over rotor wash and background noise
out to 2,000 meters.
View video of the LRAD 500X-MMT here:
https://www.lradx.com/video/lrad-500x-mmt-air-ground-communication-system/
* Compatible with most medium/large commercial and military
helicopters including Sikorsky H-60, S-76, H-92, and H-3; Bell
UH-1, 204/5, and 214; Eurocopter AS330, 332, and 365; and Agusta
Westland AW139.
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 defense, law enforcement and public safety, homeland
and border security, critical infrastructure protection, fire
rescue and emergency management, maritime and port security, and
wildlife control and preservation. For more information, please
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,
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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