Genasys Inc. Receives Multi-Year Enterprise Software Services Contract from Global Automaker
March 23 2021 - 8:30AM
Genasys Inc. (NASDAQ: GNSS), the global leader in critical
communications systems and solutions, today announced an enterprise
software services contract from a major automobile manufacturer for
its operations in North America. Genasys Enterprise software
services went live with the manufacturer on March 15th, replacing a
competitor's system.
“Under the multi-year contract, Genasys
Enterprise software is facilitating the delivery of life safety and
other critical event notifications to more than 15,000 employees
located in Canada and 12 U.S. states,” said Richard S. Danforth,
Chief Executive Officer, Genasys Inc. “Genasys Enterprise is
deployed at the automaker’s production facility and 23 other
corporate sites.”
As part of the Genasys Emergency Management
(GEM) software suite, Genasys Enterprise delivers notifications
during everyday duties and critical business events via voice
calls, SMS messages, email, desktop alerts, WhatsApp, and other
corporate communication channels. It also offers a user-friendly
solution to message transient workers, contractors, and
visitors.
Genasys Enterprise integrates with active
directories and HR, visitor management and building control
systems, to provide full redundancy and high resilience for
workforce safety.
Mr. Danforth continued, “With real-time
situational awareness in a single dashboard that features two-way
polling, duress buttons, field check-ins, and recipient locations,
Genasys Enterprise helps keep people safe and businesses
working.”
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
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