SOURCE: LRAD Corporation

LRAD Corporation

June 21, 2012 08:45 ET

LRAD Corporation Ships First LRAD 360X™ Order for Asian Earthquake and Tsunami Warning Trial Installation

Modular System Broadcasts 360 Degrees Over 2 Miles Also Targeted for Wildlife Protection Applications

SAN DIEGO, CA--(Marketwire - Jun 21, 2012) - LRAD Corporation (NASDAQ: LRAD), the world's leading provider of long range acoustic hailing devices (AHDs), announced today it has shipped its first LRAD 360X order to an Asian customer for a trial earthquake and tsunami warning mass notification installation.

"Unlike our directional LRAD® systems, the LRAD 360X broadcasts siren sounds and voice messages 360 degrees over a wide area," commented Tom Brown, president and CEO of LRAD Corporation. "We developed the LRAD 360X based on input from customers requiring a uniform solution for their emergency mass notification systems and wildlife protection applications including land and sea-based wind farms and oil platforms."

The LRAD 360X is the latest addition to the Company's proprietary Long Range Acoustic Device® product line. The LRAD 360X broadcasts powerful emergency/warning siren sounds, multi-language messages and a near infinite variety of wildlife tones and predator calls in a 360° pattern over distances up to 2 miles. The LRAD 360X is modular enabling customization of the broadcast area footprint for mass notification systems and wildlife protection requirements.

"The LRAD 360X creates new business opportunities for the Company including new installations and upgrading older mass notification infrastructure incapable of providing clear voice communication," Brown added. "We see an expanding global market for emergency/warning mass notification systems, which incorporate LRAD's highly intelligible voice message capability to broadcast warnings and instructions before, during and after severe weather events, natural disasters or man-made emergencies."

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®. Thousands of 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.