LRAD Corporation Receives $760,000 LRAD® Systems Order from the Middle East
LRAD 500XTM Being Deployed for Public Safety Applications
SAN DIEGO, CA, August 1, 2013 - LRAD Corporation (NASDAQ: LRAD), the world's leading provider of long range acoustic hailing devices (AHDs), announced today it has received a $760,000 LRAD 500X systems and support equipment order from the Middle East. The order is scheduled to ship this quarter with the LRAD systems being deployed for public safety applications including crowd and riot control.
"The attention commanding, highly intelligible long range communication our LRAD systems deliver is an essential capability for public safety officials when responding to civil unrest," commented Tom Brown, president and CEO of LRAD Corporation. "LRAD's unprecedented range, vocal clarity and presence can alleviate the use of kinetic non-lethal and lethal means to keep the peace and prevent violence."
The LRAD 500X produces nearly 100% intelligible voice broadcasts from 200 meters to over 2 kilometers, providing public safety personnel with the means to issue clear, authoritative voice commands and warning tones to safely create large standoff zones, determine intent, support peaceful conflict resolution, and save lives on both sides of the Long Range Acoustic Device®. The extended frequency range of the LRAD 500X ensures voice commands in any language are clearly heard and understood over crowd and traffic noise, and inside buildings and vehicles.
About LRAD Corporation
LRAD Corporation is using long range communication to peacefully resolve uncertain situations and save lives on both sides of its proprietary Long Range Acoustic Device®. LRAD® systems are in service in more than 60 countries 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, emergency warning and mass notification, asset protection, and wildlife preservation and control. For more information about the Company and its LRAD systems, please visit www.lradx.com.
Forward-looking Statements: Except for historical information contained herein, the matters discussed are forwardlooking 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, 2012. LRAD Corporation disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.