AMERICAN TECHNOLOGY ANNOUNCES OPENING
LRAD® ORDER FROM JAPAN COAST GUARD
Marubeni Information systems facilitates
Growing LRAD Shipments to Japan
SAN DIEGO, CA, September 30, 2009 American Technology Corporation (ATC) (NASDAQ: ATCO), the innovator and distributor of the Long Range Acoustic Device™ (LRADŽ) product line, announced today it has received an opening order for 17 LRAD systems from the Japan Coast Guard. The order was facilitated through the Company’s distribution agreement with Marubeni Information Systems. Financial terms were not disclosed at the customer’s request. Earlier this year, ATC delivered an opening LRAD order to the Japanese Navy under the distribution agreement.
LRAD directed sound products and systems enable military and security forces to determine the intent of potential threats at safe distances, providing time and distance to employ a scaled and measured response based on a threat’s actions. LRAD is an effective non-lethal capability providing highly directional focused acoustic output to clearly transmit critical information, instructions and warnings at distances in excess of 3,000 meters. Through the use of powerful, multi-lingual voice commands and deterrent tones, LRAD creates increased stand off and safety zones, supports resolution of uncertain situations, and potentially prevents the use of deadly force.
ATC’s proprietary Long Range Acoustic Device is the only acoustic hailing device (AHD) that meets the U.S. Navy’s voice intelligibility and range requirements for large vessel anti-terrorism applications and force protection. In addition to ongoing LRAD shipments to the U.S. Navy, LRAD systems are being deployed by naval forces in Australia, Singapore, Japan, Korea, The Netherlands, Sweden, Norway and Portugal, with additional LRAD installations expected by other international maritime fleets.
“These worldwide naval deployments evidence that LRAD is being increasingly recognized as an essential capability for maritime security,” said Tom Brown, president and CEO of American Technology. “We’re pleased to be working with Marubeni Information Systems and their partners on multiple LRAD market opportunities in Japan.”
About American Technology Corporation
American Technology Corporation is providing directed audio solutions that place clear, highly intelligible sound exactly where needed. ATC’s Long Range Acoustic Device™ (LRAD®) and other directed sound technologies comprise the core of an expanding portfolio of products being used around the world in diverse applications including, global military deployments, maritime security, critical infrastructure and commercial security, border and port security, law enforcement and emergency responder communications, and wildlife protection and control. For more information about ATC and its directed sound products, please visit the company’s web site at www.atcsd.com.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act. 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, including but not limited to, the performance of our management team, market acceptance of our directed sound technologies and products, entry of competitors, the possibility our intellectual property protections will not prevent others from marketing products similar to or competitive with our products, potential technical or manufacturing difficulties that could delay product deliveries or increase warranty costs, and other risks 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, 2008. American Technology Corporation disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.
FOR FURTHER INFORMATION CONTACT:
Media & Investor Relations