LRAD® Corporation Receives Order from California City for Genasys™ Public Safety Mass Notification Systems and Software
04 Avril 2019 - 3:00PM
LRAD Corporation (NASDAQ: LRAD), a global leader in long range
voice broadcast systems and advanced mass notification solutions,
today announced the receipt of an order for Genasys public safety
mass notification systems and software from a California city. The
Company’s cloud-based Command and Control software will remotely
activate and control the systems.
According to the report from the city’s staff
that recommended the order, “Although there are many scenarios that
LRAD could be helpful in resolving, we see the use of LRAD directed
toward disaster communications. During wildland fire conflagrations
and other dangerous incidents, a few individuals or several
thousand people may be affected. LRAD systems are highly effective
in communicating warnings, instructions, and notifications
throughout incident sites and over vast areas during
life-threatening events.”
“Our voice broadcast systems will include
satellite connectivity and replace the sirens currently installed
in five locations throughout the city,” commented Richard S.
Danforth, Chief Executive Officer of LRAD Corporation. “The order
includes annual maintenance and licensing fees.”
“LRAD’s Genasys systems are integrated with
FEMA’s Integrated Public Alert and Warning System (IPAWS) and
feature multiple activation and control methods to ensure critical
information is delivered when power and communication
infrastructure fails,” Danforth continued. “The catastrophic
wildfires that devastated several California wildland-urban
interface areas over the last two years underscore the necessity of
having full-featured emergency warning systems that provide clear,
audible and concise instructions to residents.”
The Company also announced $1.1 million in
international and domestic Genasys orders, which includes the
California city order, and commented on the recent rebranding of
its mass notification business.
“With the recent completion and launch of our
Command and Control software, which integrates and manages LRAD
mass notification voice broadcast systems and Genasys mobile alert
mass messaging SaaS solutions, we have rebranded the Company’s mass
notification business under our Genasys brand,” stated Richard S.
Danforth, Chief Executive Officer of LRAD Corporation. “The LRAD
brand is known throughout the world and is well-suited for defense
and law enforcement applications. Our Genasys brand better
addresses the school and campus safety, emergency warning, and
public safety markets, and better positions the Company’s mass
notification business of hardware system sales and SaaS-based
recurring revenue.”
Danforth concluded, “We are working several
public safety opportunities that are expected to culminate in mass
notification orders this year.”
LRAD’s Genasys solutions are revolutionizing
emergency warning and mass notification:
- 60°– 360° voice and siren broadcast systems
- The industry’s best vocal clarity, highest Speech Transmission
Index, and largest area coverage
- Satellite control and solar power options
- Geospatially-controlled mobile phone alerts
- Easily integrates with external inputs and sensors
- Industry-leading activation and control options
- Compatible with major emergency warning protocols and system
integrations
Cloud or premises based, remotely monitored and
activated by TCP/ IP, fiber, satellite, Wi-Fi, digital or analog
radio, Ethernet, or hard wire, LRAD’s Genasys systems are the most
flexible and easily configured mass notification solutions
available.
For more information, go to: LRAD Genasys
Overview
About LRAD Corporation
The Company's proprietary Long Range Acoustic
Devices® and revolutionary Genasys™ public safety mass notification
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
save 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.
Company Contact
E. Brian Harvey
Director, Investor Relations and Capital Markets
858.753.8974
ebharvey@lrad.com
LRAD (NASDAQ:LRAD)
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