Genasys Inc. Acquires Emergency Evacuation SaaS Provider, Zonehaven
Genasys Inc. (NASDAQ: GNSS), the global leader in critical
communications systems and solutions, announced today that it has
acquired Zonehaven, a fast-growing provider of
software-as-a-service (SaaS) solutions for emergency evacuations.
Zonehaven provides planning, training, and resources to first
responders, public safety agencies, and communities to manage
evacuations and repopulations successfully. The transaction closed
on June 7, 2021.
Based in San Francisco, CA, Zonehaven's services
are trusted by more than 170 fire districts, 140 law enforcement
agencies and 200 cities, with more than 3,300 evacuation zones
covering 3.2 million people in Northern California and Southern
“Increasing wildfire, flooding, severe weather,
active shooter, HAZMAT, and other crisis events require proven
solutions to help quickly move people away from danger,” stated
Richard S. Danforth, Chief Executive Officer of Genasys Inc. “We
have recently seen in California and in other areas of the world
that crisis events require preparation, real-time information and
dynamic resources to keep people safe. By empowering agencies and
communities with essential tools to safely execute timely emergency
evacuations and orderly repopulations, Zonehaven's solutions help
“During evacuations, speed is everything.
Pre-planning, training, drills, alerting, and our comprehensive
community outreach program are core Zonehaven competencies that
bridge the gap between first responders and the public,
transforming disaster preparedness,” said Zonehaven Chief Executive
Officer, Charlie Crocker. “We're excited to join the Genasys team
and work together on creating a safer world.”
“As standalone modules or integrated with our
GEM platform, Zonehaven's evacuation planning capabilities and
public safety resources are game changers for emergency
preparedness,” continued Mr. Danforth. “The acquisition of
Zonehaven increases Genasys' key competitive advantages for
delivering local, regional and national emergency management and
warning SaaS solutions, and accelerating recurring revenue
Webcast and Conference Call
Genasys management will host a conference call
to discuss the Zonehaven acquisition on Thursday, June 10 at 9:00
a.m. Eastern Time / 6:00 a.m. Pacific Time. To access the
conference call, dial toll-free (888) 390-3967 (U.S. and Canada),
or international at (862) 298-0702. A webcast will also be
available at the following link:
A replay of the webcast will be available
approximately four hours after the presentation on the Events &
Presentations page of the Company’s website.
For more information on Zonehaven, visit:
About Genasys Inc.
Genasys™ is a global provider of critical
communications systems and solutions that help keep people
safe. Genasys provides a multi-channel 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 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 other
applications. 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 our ability to
recognize the expected synergies and other benefits of the
Zonehaven acquisition; difficulties in integrating Zonehaven
post-closing; diversion of management time addressing post-closing
transaction-related issues; uncertainties related to litigation
involving the acquisition of Zonehaven; uncertainties related to
unanticipated integration costs or undisclosed liabilities assumed;
uncertainties related to the acceptance of the Zonehaven
acquisition and its products by third parties; 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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