LRAD Corporation Awarded $1.4 Million International Maritime Security Order

LRAD Corporation Awarded $1.4 Million International Maritime Security Order

LRAD-RX(R) Systems to be Installed on Commercial Shipping Vessels

SAN DIEGO, Jan. 10, 2013 (GLOBE NEWSWIRE) -- LRAD Corporation (Nasdaq:LRAD),
the world's leading provider of long range acoustic hailing devices (AHDs),
announced today it has been awarded a $1.4 million LRAD-RX systems order from
an Asian company for commercial maritime shipping security installations. The
LRAD-RX is the only remotely controlled AHD to have passed rigorous U.S. Navy
testing and to be deployed on U.S. Navy vessels.

"Piracy and terrorist threats remain a significant concern for commercial
vessels transiting high risk shipping lanes," stated Tom Brown, president and
CEO of LRAD Corporation. "Through focused, powerful voice broadcasts and
deterrent tones, LRAD-RX systems determine the intent of suspicious vessels
that fail to respond to radio calls. By unequivocally determining the intent
of an approaching threat, the LRAD-RX provides commercial security personnel
time and distance to implement maritime security best practices and make
lifesaving decisions."

The Company's proprietary LRAD-RX features a camera, high intensity
searchlight (optional), a robust, IP-addressable full pan and tilt drive for
precise aiming and tracking, and can be integrated with radar to provide
automated vessel alerts. The LRAD-RX broadcasts highly intelligible warnings
and instructions that can be heard and understood over distances up to 2
miles. Through the use of focused, multi-language voice commands and deterrent
tones, the LRAD-RX creates increased standoff zones, determines intent,
supports peaceful conflict resolution, and potentially prevents the use of
deadly force.

"The delivery schedule for this order is spread throughout this calendar
year," Brown added. "As we stated in our December conference call, we
anticipate improved fiscal 2013 financial results over fiscal 2012 due
primarily to expanding AHD markets and increasing international 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, emergency warning and mass notification, 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, 2012. LRAD Corporation disclaims any
intent or obligation to update those forward-looking statements, except as
otherwise specifically stated.

CONTACT: Robert Putnam
         +1 858.676.0519
         robert@lradx.com