LRAD Corporation Announces
$600,000+ LRAD® Order for Bird Control and Protection
(SAN DIEGO, CA, September 15, 2010) – LRAD Corporation (Nasdaq: LRAD) the global leader in acoustic hailing devices (AHDs), announced today it has received a new $600,000+ LRAD® order from bird control and protection partner, DeTect, Inc., the world leader in development, deployment and support of radar systems for aircraft bird strike avoidance, avian risk assessment and migratory research (http://www.detect-inc.com). The order is scheduled to ship this quarter.
“LRAD installations coupled with avian radar are proving to be highly effective in controlling and protecting waterfowl around mining sites,” remarked Tom Brown, president and CEO of LRAD Corporation. “LRAD’s unique long range, highly intelligible warning capabilities are also being tested in trials at airports, air bases, harbors, wind farms and other facilities that have human and wildlife safety concerns.”
In avian protection installations, LRAD systems use controlled directionality and focused acoustic output to clearly transmit tones and predator calls at distances in excess of 2,000 meters (please view the following link: http://www.lradx.com/site/content/view/295/110). LRAD can be manually operated or integrated into remotely controlled command and control centers.
“We view protecting wildlife, preventing aircraft bird strikes, and reducing losses from wildlife-related crop and equipment damage as emerging markets with significant potential for our proprietary LRAD systems,” Brown concluded.
About LRAD Corporation
LRAD Corporation’s Long Range Acoustic Device® (LRAD®) directional sound 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, 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, 2009. LRAD Corporation disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.
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