LRAD Corporation Receives $700,000 International Coast Guard Order LRAD 300X(TM) Systems Being Deployed on New Patrol Boats SAN DIEGO, Sept. 5, 2013 (GLOBE NEWSWIRE) -- LRAD Corporation (Nasdaq:LRAD), the world's leading provider of long range acoustic hailing devices (AHDs), announced today it has received a $700,000 order for LRAD 300X systems for installation on international coastal patrol boats currently under construction. Shipments under the order are scheduled to begin this quarter and continue as the patrol boats are delivered for deployment over the next 12 months. "Coast Guard services around the world are experiencing increasing territorial water incursions and homeland security threats," commented Tom Brown, president and CEO of LRAD Corporation. "The attention commanding voice broadcasts and deterrent tones of our LRAD® systems enable Coast Guard personnel to unequivocally determine the intent of vessels not responding to radio calls and create large standoff zones to safely conduct maritime interdiction operations." The LRAD 300X is a low profile, lightweight AHD designed for use on small vessels, security and defense vehicles, and remote weapon stations. The LRAD 300X broadcasts highly intelligible voice communications and powerful deterrent tones over distances of 350 meters to 1.5 kilometers. The extended frequency range of the LRAD 300X ensures multilingual voice commands are clearly heard and understood, even in severe weather conditions, to create large standoff zones, determine intent, safely alter behavior, peacefully resolve uncertain situations and save lives on both sides of the Long Range Acoustic Device®. About LRAD Corporation LRAD Corporation is using long range communication to peacefully resolve uncertain situations and save lives on both sides of its proprietary Long Range Acoustic Device®. LRAD® systems are in service in more than 60 countries 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 email@example.com
LRAD Corporation Receives $700,000 International Coast Guard Order
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