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LRAD® Corporation Announces Critical Communication Systems Installation in the City of Mill Valley, CA

844 Days ago

Genasys™ Software Packaged with Mass Notification Hardware Systems

SAN DIEGO, July 01, 2019 (GLOBE NEWSWIRE) -- LRAD Corporation (NASDAQ: LRAD), a critical communications company, today announced the installation of LRAD public safety mass notification systems in five locations throughout Mill Valley, CA., a city 15 miles north of San Francisco. The Company’s cloud-based Genasys Command and Control software will remotely activate and control the LRAD systems, which feature satellite connectivity and battery backup.

James Wickham, mayor of Mill Valley, commented on social media, “The City of Mill Valley is excited to announce the installation of new and more powerful emergency sirens to replace our aging system. These sirens are known as “LRADs” – Long Range Acoustic Devices - and they project both siren and voice recordings to alert and inform the community.”

“We’re concerned about natural disasters, and we’re trying to use every tool in our toolbox to get the community prepared,” said Mill Valley Fire Battalion Chief, Scott Barnes. “The great thing about this system is it’s not run off communication lines.”

“As we’ve seen in past fires in other communities, the infrastructure burns down, so the warning systems don’t work,” Mr. Barnes continued. “This is all satellite-based, so we don’t have that problem.”

Click HERE to view video coverage of the LRAD systems installation in Mill Valley.

“This is the Company’s first city-wide installation in Northern California,” commented Richard S. Danforth, Chief Executive Officer of LRAD Corporation. “This $500,000 order, which we announced in early April, includes LRAD DS-60XL systems and annual Genasys maintenance and licensing fees.”

“In light of the deadly wildfires and flooding that ravaged California the last two years, emergency warning systems that continue to operate when existing power and communication infrastructure fail are essential to safeguarding residents,” added Mr. Danforth. “LRAD’s Genasys software, satellite connectivity, battery backup, and industry-leading voice clarity and area coverage provide emergency management officials the assurance that critical communications will always be delivered.”

About LRAD Corporation

The Company's proprietary Long Range Acoustic Devices® and advanced Genasys™ critical communication solutions are designed to enable users to safely hail and warn, notify and direct, prevent misunderstandings, determine intent, establish large safety zones, resolve uncertain situations, and protect lives.

LRAD systems are in service in 72 countries around the world in diverse applications, including public safety, mass notification, defense, law enforcement, homeland and border security, critical infrastructure protection, fire rescue, incident management, maritime and port security, and wildlife control and preservation. For more information, visit LRAD.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, 2018. LRAD Corporation disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.

Investor Relations Contacts

Jim Fanucchi and Satya Chillara
Darrow Associates, Inc.

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