SAN DIEGO, CA--(Marketwire - Sep 13, 2012) - LRAD Corporation (NASDAQ: LRAD), the world's leading provider of long range acoustic hailing devices (AHDs), announced today it has been awarded a $378,000 LRAD 500X™ systems order from a nation in the Middle East for deployment on its police vehicles. The order is scheduled to ship this quarter.
Police and civil defense units will deploy the LRAD® systems to communicate critical information and instructions to the public and to improve safety for both citizens and police. The LRAD 500X installations on police special operations vehicles extend the range of engagement by using long-range communication to avoid close encounters that raise tensions and provoke aggressive confrontations.
"The LRAD 500X provides military and law enforcement personnel with the critical capability of communicating at distance with civilian populations and hostile forces from within the safety of their armored vehicles," commented Tom Brown, president and CEO of LRAD Corporation. "Using long-range communication to resolve uncertain situations peacefully saves lives on both sides of the Long Range Acoustic Device®."
The LRAD 500X produces nearly 100% intelligible voice transmissions beyond 1.5 miles providing system operators with the means to issue clear, authoritative voice commands and deterrent tones to create large safety zones. The extended frequency range of the LRAD 500X ensures voice commands in any language are clearly heard and understood over distance, and inside buildings and vehicles.
"Our international business continues to grow with over 60 nations having deployed a variety of LRAD systems and support equipment for use by their military and law enforcement agencies," Brown added. "To date, the majority of the sales into many of these countries have been opening orders, which we anticipate will lead to significant follow-on business."
About LRAD Corporation
LRAD Corporation is using long range communication to resolve uncertain situations peacefully and save lives on both sides of its proprietary Long Range Acoustic Device®. LRAD® systems are in service 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, 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 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, 2011. LRAD Corporation disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.