American Technology Announces Opening LRAD(R) Order From Japan Coast Guard
September 30 2009 - 8:30AM
Marketwired
American Technology Corporation (ATC) (NASDAQ: ATCO), the innovator
and distributor of the Long Range Acoustic Device(TM) (LRAD®)
product line, announced today it has received an opening order for
17 LRAD systems from the Japan Coast Guard. The order was
facilitated through the Company's distribution agreement with
Marubeni Information Systems. Financial terms were not disclosed at
the customer's request. Earlier this year, ATC delivered an opening
LRAD order to the Japanese Navy under the distribution agreement.
LRAD directed sound products and systems enable military and
security forces to determine the intent of potential threats at
safe distances, providing time and distance to employ a scaled and
measured response based on a threat's actions. LRAD is an effective
non-lethal capability providing highly directional focused acoustic
output to clearly transmit critical information, instructions and
warnings at distances in excess of 3,000 meters. Through the use of
powerful, multi-lingual voice commands and deterrent tones, LRAD
creates increased stand off and safety zones, supports resolution
of uncertain situations, and potentially prevents the use of deadly
force.
ATC's proprietary Long Range Acoustic Device is the only
acoustic hailing device (AHD) that meets the U.S. Navy's voice
intelligibility and range requirements for large vessel
anti-terrorism applications and force protection. In addition to
ongoing LRAD shipments to the U.S. Navy, LRAD systems are being
deployed by naval forces in Australia, Singapore, Japan, Korea, The
Netherlands, Sweden, Norway and Portugal, with additional LRAD
installations expected by other international maritime fleets.
"These worldwide naval deployments evidence that LRAD is being
increasingly recognized as an essential capability for maritime
security," said Tom Brown, president and CEO of American
Technology. "We're pleased to be working with Marubeni Information
Systems and their partners on multiple LRAD market opportunities in
Japan."
About American Technology Corporation
American Technology Corporation is providing directed audio
solutions that place clear, highly intelligible sound exactly where
needed. ATC's Long Range Acoustic Device(TM) (LRAD®) and other
directed sound technologies comprise the core of an expanding
portfolio of products being used around the world in diverse
applications including global military deployments, maritime
security, critical infrastructure and commercial security, border
and port security, law enforcement and emergency responder
communications, and wildlife preservation and control. For more
information about ATC and its directed sound products, please visit
the company's web site at www.atcsd.com.
Safe Harbor statement under the Private Securities Litigation
Reform Act of 1995: Except for historical information contained
herein, the matters discussed are forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act. 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, including
but not limited to, the performance of our management team, market
acceptance of our directed sound technologies and products, entry
of competitors, the possibility our intellectual property
protections will not prevent others from marketing products similar
to or competitive with our products, potential technical or
manufacturing difficulties that could delay product deliveries or
increase warranty costs, and other risks 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, 2008. American Technology
Corporation disclaims any intent or obligation to update those
forward-looking statements, except as otherwise specifically
stated.
FOR FURTHER INFORMATION CONTACT: Robert Putnam Media &
Investor Relations (858) 676-0519 Email Contact
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