American Technology Corp. Awarded $485,000 Contract to Deliver Long Range Acoustic Devices -LRAD- to U.S. Army Units; LRADs Deployed in Iraq for Force Protection SAN DIEGO--(BUSINESS WIRE)--May 13, 2004--American Technology Corp. ATC --NASDAQ:ATCO) announced today it has been awarded a $485,000 contract by the U.S. Army to deliver LRADs (TM) and vehicle mounts to the 3rd Battalion, 2nd Infantry Stryker Brigade Combat Team already deployed in Iraq. The LRADs and vehicle mounts are scheduled for delivery this quarter. The first new military vehicle to enter U.S. Army service since the Abrams tank in the 1980s, the Stryker is a ruggedized, lightweight wheeled fighting vehicle that fits in the Army's vehicle lineup roughly between the Humvee and the Bradley Fighting Vehicle. The Stryker combines the capacity for rapid deployment with survivability and tactical mobility, providing armored protection for the crew and infantry soldiers. LRAD is a breakthrough long-range hailing and warning, directed acoustic device designed to communicate with authority and exceptionally high intelligibility. From either a static location or vehicle mount, LRAD can issue a verbal challenge with instructions in excess of 300 yards in a focused beam, and follow up with a warning tone to influence behavior or determine intent. Recorded messages can be selected and transmitted over LRAD in multiple languages. Used in land-based roles for military operations other than war, LRAD will support missions including crowd control, area denial of personnel including checkpoint operations and clearing buildings. ATC further announced that the Rapid Equipping Force (REF) of the U.S. Army previously purchased and deployed LRADs in Iraq to develop a concept of operations for vehicle mounted use. The REF is a major conduit for new technology insertion into the war fighting forces. Carl Gruenler, ATC vice president for military and government operations remarked, "With the increased insurgency in Iraq, LRAD provides a new tool to focus highly intelligible and authoritative communication to reduce tension, effect peaceful outcomes and define potentially hostile situations at safer distances. Mounting LRADs on armored military vehicles is a significant expansion over previous applications. We strongly believe LRAD-use can increase situational awareness and save lives on both sides of the device." |