SAN DIEGO, CA, December 8, 2011 – LRAD Corporation (NASDAQ: LRAD), the world’s leading provider of acoustic hailing devices (AHDs), announced today it has received a LRAD-RX systems order from Fort Worth, TX as part of a perimeter security upgrade to one of the city’s critical infrastructure facilities.
“LRAD-RX systems provide government and commercial security officials a new first responder capability,” remarked Tom Brown, president and CEO of LRAD Corporation. “LRAD-RX empowers security personnel to quickly secure the perimeters of critical infrastructure by remotely deterring intruders from the safety of command and control centers.”
The Company also announced an opening order from the Middle East for anti-piracy oil tanker installations and a follow-on order from Thailand’s Department of Disaster Response. The three orders total over $600,000 and will ship this quarter.
Using advanced sound reproduction technologies and innovative acoustic materials LRAD(R) systems are vastly superior to bullhorns and other portable mass notification systems in loudness, intelligibility and broadcast distance. Through the use of powerful, highly intelligible voice and alarm tone broadcasts, LRAD uses communication to create increased standoff and safety zones, determine intent, support peaceful conflict resolution, and potentially save lives on both sides of the Long Range Acoustic Device(R).
“These orders showcase LRAD’s broad spectrum of applications in growing markets,” Brown concluded.
About LRAD Corporation
LRAD Corporation’s Long Range Acoustic Device® (LRAD®) directional communication systems are being used around the world in diverse applications including fixed and mobile military deployments, maritime security, critical infrastructure and perimeter security, commercial security, border and port security, law enforcement and emergency responder communications, and wildlife preservation and control. For more information about LRAD Corporation and its long-range directional sound systems, please visit the company’s web site at http://www.lradx.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 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, 2010. LRAD Corporation disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.
