American Technology Corp. Appoints Senior Executive to Lead Business Product
Sales; LRAD (Long Range Acoustic Device) Proving to Be a Breakthrough Technology for Force Protection SAN DIEGO--(BUSINESS WIRE)--Dec. 10, 2003--American Technology Corp. (NASDAQ: ATCO) (ATC) announced today the appointment of Joseph A. Zerucha as vice president of sales and marketing. Zerucha will be leading the company's business products and licensing group, marketing and selling HSS(R), NeoPlanar(R) and PureBass(R) sound products to companies that employ audio in consumer, commercial and professional applications. Zerucha has extensive corporate, sales and marketing experience serving in corporate leadership positions at Tachyon Inc. (chief operating officer), Clear Channel Communications (division president of NSN Network Services), ViaSat Inc. (director, worldwide sales and channel development) and ComViSat/Coded Communications (chief executive officer and founder). "Our commercial business requires experienced senior executive leadership," said Kalani Jones, chief operating officer of American Technology Corporation. "Joe has an impressive senior executive background that includes driving five consecutive years of 30 - 50% annual sales growth at ViaSat and completing the build-out of a new industry-leading audio distribution platform at Clear Channel. His sales and marketing skills complement a new ATC management team experienced in successfully bringing ground-breaking technologies, like HSS and LRAD(TM), to market." "ATC's proprietary suite of audio technologies is impressive," said Zerucha. "I look forward to working with Kalani and the rest of ATC's management team in growing the market for HSS, NeoPlanar and PureBass." The company recently organized sales and marketing into two divisions due to increasing government/military business. Carl Gruenler, vice president of military and government operations, heads the company's government and force protection group. This group is tasked with expanding the force protection market and selling LRAD, NeoPlanar and HSS products to government and military customers. Global interest in the company's Long Range Acoustic Device (LRAD) has been increasing rapidly. LRAD was developed with the release of Naval Vessel Protection Zone requirements to enforce a 500-yard exclusion zone and 100-yard protection zone. These requirements were instituted as a result of the attack on the USS Cole. LRAD is a breakthrough technology to clearly communicate at ranges in excess of 500 yards with a warning tone in the same device that can change behavior. The company believes favorable customer acceptance of recent installations is proving LRAD's value for stand off communications, shipboard and shore/waterside protection and use in land-based installations and vehicles. |