LRAD® Corporation Announces $1.2 Million in Naval Orders
16 Avril 2019 - 3:00PM
LRAD Corporation (NASDAQ: LRAD), a global leader in long
range voice broadcast systems and advanced mass notification
solutions, today announced domestic and international naval orders
totaling $1.2 million were received in the Company’s 2019 fiscal
second quarter. The orders included:
- The French Navy, after a competitive bidding process, is
equipping certain fleet ships with LRAD 950RXL systems as part of
its shipboard protection and communications protocol.
- The United States Navy ordered additional LRAD 1000Xi systems
to replace first generation systems previously deployed in the
fleet.
- A navy in the Asia-Pacific region purchased additional LRAD
1000Xi systems and an international navy ordered LRAD 100X acoustic
hailing devices for its new fleet of security vessels.
“LRAD systems are deployed by 25 naval forces
around the world, providing essential communication and scalable
escalation of force capabilities,” commented Richard S. Danforth,
Chief Executive Officer of LRAD Corporation. “In uncertain
situations or when approaching boats do not respond to radio calls,
LRAD systems provide naval ships more time and distance to
determine intent and distinguish between intruders, terrorist
threats, refugees, fishing boats or commercial vessels, and respond
appropriately and effectively.”
LRAD systems are used in many naval and maritime operations,
including:
- Ship self-defense
- Establishment of vessel exclusion zones and restricted
areas
- Port and harbor security
- Search and rescue
- Boarding and interdiction
About LRAD Corporation
The Company's proprietary Long Range Acoustic
Devices® and advanced Genasys™ mass notification systems and mobile
alert solutions are designed to enable users to safely hail and
warn, inform 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 mass
notification, defense, law enforcement, public safety, 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.
Company Contact
E. Brian Harvey
Director, Investor Relations and Capital Markets
858.753.8974
ebharvey@lrad.com
LRAD (NASDAQ:LRAD)
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