Genasys Inc. Announces New $9.0 Million Mobile Mass Notification Systems Order from U.S. Army
Genasys Inc. (NASDAQ: GNSS), the global leader in critical
communications systems and solutions, today announced the U.S. Army
(Army) has placed a follow-on $9.0 million 360XT Mobile Mass
Notification Systems (MMNS) order. This is the Company's single
largest mass notification systems order to date.
“This order is the result of working with the
Army over the last 4 years on the certification of a military
qualified 360XT,” said Richard S. Danforth, Chief Executive Officer
of Genasys Inc. “After initial systems orders in 2018 and 2020, the
military 360XT was selected to supply a vital communications
capability for the Army’s Integrated Base Defense kits. The 360XTs
will be deployed overseas on forward operating bases to provide
emergency alerts, warnings, and general mass notification to help
The 360XT MMNS features steel enclosures that
house amplifier modules and pneumatic systems that power the dual
emitters and rapidly extend the system’s sturdy 30 ft. mast. The
360XT’s battery bank and charging system provide power for up to 24
hours of continuous, full volume voice broadcasts in the field.
Featuring the mass notification industry’s
highest Speech Intelligibility Index rating – 0.95 out of 1.0 -
Genasys systems deliver audible voice messages with
industry-leading clarity and broadcast distance.
About Genasys Inc.
Genasys™ is a global provider of critical
communications systems and solutions that help keep people
safe. Genasys systems are in service in more than 100
countries in a range of diverse applications, including public
safety, emergency warning, mass notification, critical event
management, defense, law enforcement, homeland security, and many
more. For more information, visit genasys.com.
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 how they may affect our supply chain, 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.
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