SOURCE: LRAD Corporation

LRAD Corporation

August 07, 2012 08:30 ET

LRAD Corporation Receives $1.9 Million LRAD® Systems and Support Equipment Order From U.S. Army Reserves

Support Equipment Includes Armored Vehicle Mounts and Wireless Kits

SAN DIEGO, CA--(Marketwire - Aug 7, 2012) - LRAD Corporation (NASDAQ: LRAD), the world's leading provider of long range acoustic hailing devices (AHDs), announced today it has received a new $1.9 million order from the U.S. Army Reserves for LRAD 500X™ and LRAD 100X™ systems and support equipment including vehicle mounts and wireless kits. The order is scheduled to ship this quarter.

"We're pleased to receive this latest order from the U.S. Army Reserves to equip more of their vehicles, including MRAPs and HMMWVs, with LRAD systems," commented Tom Brown, president and CEO of LRAD Corporation. "Using our proprietary long range communication technology to broadcast highly intelligible warnings and commands helps keep soldiers safe within their armored vehicles and can prevent innocent civilian casualties by creating large standoff zones, unequivocally determining the intent of security threats at distance and limiting the escalation of force by resolving uncertain situations peacefully."

Lightweight and power efficient, LRAD 100X and LRAD 500X systems transmit focused, multi-language voice commands and deterrent tones that can be clearly heard and understood over background noise in any type of terrain and environment over distances from 500 yards to 1.5 miles. The vehicle mounts and wireless kits provide the U.S. Army with multiple options for deploying LRAD systems in a variety of applications.

Brown added, "After extensive testing and rigorous deployments in theaters of operation, LRAD systems continue to be the U.S. Army Reserves AHD of choice for vehicle mounted solutions."

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.