SAN DIEGO, May 12, 2015 (GLOBE NEWSWIRE) -- LRAD Corporation (NASDAQ: LRAD), the world's leading provider of long range acoustic devices and advanced mass notification systems, today announced $700,000 in orders for LRAD 360X systems and accessories for a country in Asia replacing and upgrading its tsunami warning system to include LRAD's highly intelligible voice capability. The order is part of an ongoing rollout of LRAD 360X installations into additional cities and towns. The order is scheduled for delivery this fiscal year.
"Traditional high powered speaker arrays sound sirens to warn, but are inadequate for broadcasting specific, potentially lifesaving instructions due to their limited voice capacity," remarked Tom Brown, President and CEO of LRAD Corporation. "LRAD-powered ONE VOICE systems broadcast warning sirens and voice messages with 360° coverage and exceptional vocal clarity, longevity and reliability."
Comprised of between one and four LRAD 360X emitters enabling customization of the broadcast area over distances ranging from 75 meters up to 5.3 sq. km., LRAD life safety systems can be activated and monitored by IP, digital or analog radio, GSM/GPRS and/or satellite. Featuring LRAD's proprietary technology, ONE VOICE systems provide civil authorities a highly intelligible communications capability to broadcast multilingual warnings, notifications, directions, and instructions that are clearly heard and understood over wind, traffic, engine and background noise, even inside buildings and vehicles.
Brown concluded, "With mass notification installations and upgrades becoming a greater priority for many local, regional and national government agencies, we expect continued growth in Asia, and increasing business from other international areas and the U.S."
About LRAD Corporation
LRAD Corporation designs, manufactures and markets advanced mass notification and Long Range Acoustic Device® systems to save lives on both sides of its proprietary products. LRAD® systems are being sold into 70 countries around the world in diverse applications including mass notification and public address, fixed and mobile defense deployments, maritime security, critical infrastructure and perimeter security, commercial security, border and port security, law enforcement and emergency responder communications, asset protection, and wildlife control and preservation. For more information about the Company and its LRAD systems, please visit www.lradx.com.
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, 2014. LRAD Corporation disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.
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