LRAD Corporation Receives LRAD 2000X Systems Order For Foreign Border Trial Installation
World's Loudest Acoustic Hailing Device Broadcasts Voice Messages Over Five Miles
SAN DIEGO, CA, July 26, 2012 – LRAD Corporation (NASDAQ: LRAD), the world's leading provider of long range acoustic hailing devices (AHDs), announced today it has received a LRAD 2000X systems order for a foreign border trial installation. If the trial installation is successful, the Company anticipates receiving larger follow-on orders.
"The LRAD 2000X was purpose built for border and large perimeter security applications,” remarked Tom Brown, president and CEO of LRAD Corporation. "We received requests from international customers for a LRAD® system that provides them the ability to significantly increase standoff zones and secure remote areas through broadcasting powerful voice commands with high intelligibility over greater distances.”
The LRAD 2000X is the world's loudest AHD and broadcasts powerful warning tones and multi-language voice messages in a 30°- 60° beam over distances up to 5.7 miles. Designed to meet stringent Mil-Spec standards, the LRAD 2000X features greater broadcast coverage area, rugged construction, low operating power requirements, all-weather use, flexible mounting and several options.
"We're pleased to receive this order and look forward to the results of the trial installation,” added Brown. "With civil unrest continuing to escalate around the world, the LRAD 2000X offers governments and their security agencies a more humane and cost-effective means to control their sovereign borders.”
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, 2011. LRAD Corporation disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.
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