Genasys Inc. Awarded Mass Notification and Emergency Management Software Services Contract from Riverside County, Californi...
April 26 2021 - 8:30AM
Genasys Inc. (NASDAQ: GNSS), the global leader in critical
communications systems and solutions, today announced a five-year
public alert and warning software services contract from Riverside
County, California. Genasys was selected over six other leading
mass notification software service providers for the competitive
award.
“The Genasys Emergency Management (GEM) software
platform will power multi-channel alerts and notifications to
Riverside County residents and visitors during disasters and other
crisis situations,” said Richard S. Danforth, Chief Executive
Officer, Genasys Inc. “With 2.5 million residents and more than
850,000 housing units, the delivery of timely emergency alerts and
life safety notifications is essential in keeping people safe
during critical events.”
GEM is the only unified critical communications
platform that combines, software, geo-data analytics, and
industry-leading voice speaker arrays. By adding a powerful and
intuitive orchestration and management layer on top of existing
physical and digital infrastructure, GEM enhances the clarity,
reach, and range of emergency alerts and mass notification.
“In addition to delivering phone, email and SMS
notifications, Federal Emergency Management Agency (FEMA) IPAWS
integration and alerts will be included in our customizable
platform for Riverside County,” said Paul Neyman, Vice President of
Software Sales, Genasys Inc. “Sub-systems for the county's major
cities are also included under the contract.”
Along with Riverside County, other recent
California deployments to power emergency alerts and notifications
include the City of Mill Valley, the City of Laguna Beach, the City
of Newport Beach, the University of California, Irvine, and the
North Coast Water District in Pacifica. Additional California
government and enterprise contract awards are expected this fiscal
year.
About Genasys Inc.
Genasys™ is a global provider of critical
communications systems and solutions to help keep people
safe. Genasys provides a multichannel approach to deliver
geo-targeted alerts, notifications, instructions and information
before, during and after public safety threats and critical
business events. The Company’s unified critical communications
platform includes Genasys Emergency Management (GEM) applications,
National Emergency Warning Systems (NEWS), LRAD® long-range
voice broadcast systems, and more.
Genasys systems are in service in 72 countries
in a range of diverse applications, including public safety,
emergency warning, mass notification, critical event management,
defense, law enforcement, homeland security, and other
applications. For more information, visit genasys.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
forward-looking statements are subject to a number of risks and
uncertainties, including without limitation the business impact of
health crises or outbreaks of disease, such as epidemics or
pandemics, and other risks and uncertainties, many of which involve
factors or circumstances that are beyond the Company's control.
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,
2020. Genasys Inc. 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@genasys.com
Genasys (NASDAQ:GNSS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Genasys (NASDAQ:GNSS)
Historical Stock Chart
From Apr 2023 to Apr 2024