LRAD(R) Corporation Receives $763,000 Follow-On Order for Wildlife
Preservation and Control
SAN DIEGO, Feb. 4, 2014 (GLOBE NEWSWIRE) -- LRAD Corporation (NASDAQ: LRAD),
the world's leading provider of long range acoustic hailing devices (AHDs),
today announced the receipt of a $763,000 follow-on order for LRAD devices and
accessories to be used for bird mitigation and wildlife preservation and
control for an international mining concern. The order is expected to be
shipped by June 30, 2014.
"LRAD systems have proven highly effective in keeping birds and other wildlife
away from hazardous areas," commented LRAD President and CEO Tom Brown.
"Whether manually operated, integrated into remotely controlled command and
control centers or enhanced with avian radar for automated incursion response,
LRAD safely and humanely preserves wildlife and protects critical assets."
For wildlife applications, LRAD systems use directionality and focused
acoustic output to clearly transmit a variety of tones, sounds and predator
calls from 200 meters to over 2 km. For additional information, please refer
"We are very pleased that the success of earlier installations has led an
international mining concern to expand their use of LRAD systems," Brown
added. "The near infinite varieties of tones and sounds that can be recorded
and broadcast through our Long Range Acoustic Devices® prevent birds from
becoming habituated to the repetitive noises produced by legacy wildlife
control measures including propane cannons and cracker shells."
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 65 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.
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, 2013. LRAD Corporation disclaims any intent or obligation to
update those forward-looking statements, except as otherwise specifically
E. Brian Harvey
Director, Investor Relations and Capital Markets
Press spacebar to pause and continue. Press esc to stop.