Receives First Major Commercial Maritime Order For LRADs SAN DIEGO--(BUSINESS WIRE)--Nov. 16, 2004--American Technology Corporation (ATC) (NASDAQ:ATCO) announced today it has been awarded two new orders totaling $723,000 for its proprietary Long Range Acoustic Devices (LRAD(TM)). ATC has been awarded a $128,000 contract by the U.S. Army 44th Engineering Battalion deployed in and around central Iraq. Additionally, ATC has been awarded a $595,000 contract by a major commercial maritime company. This contract represents ATC's largest commercial LRAD order to date. LRAD is a breakthrough long-range hailing and warning, directed acoustic device designed to communicate with authority and exceptionally high intelligibility in a 15-30(degree) beam. LRAD can issue a verbal challenge with instructions in excess of 500 meters and has the capability of following up with a warning tone to influence behavior or determine intent. The "hailing and warning" application for commercial shipping is similar to the successful LRAD deployments by the U.S. Navy on patrol craft in and around the port of Basra, Iraq to communicate with vessels in shipping lanes and around oil terminals. "LRAD was originally conceived to support the protection and exclusion zones around U.S. Navy warships. The challenge of interdicting small boats approaching commercial maritime assets is quite similar," remarked Carl Gruenler, ATC's vice president of government and force protection systems. "LRAD's warning tones command attention at ranges in excess of 500 meters while its directional and highly intelligible voice instructions can unquestionably be heard. LRAD's ability to positively communicate with authority on land or at sea is proving highly effective in creating safe situations out of uncertain ones." ATC has also delivered two remotely operated pan/tilt LRADs equipped with sighting cameras to the Port Authority of New York and New Jersey (The delivery order was announced in the company's August 26, 2004 business update). The units are being installed to communicate at long distance with unauthorized personnel approaching either entrance of the critical Hackensack rail bridge and to influence behavior if verbal warnings go unheeded. The units are being linked to the Port's infrastructure and can be monitored and controlled remotely. Added Gruenler, "To our knowledge, this installation will represent the first remotely operated, instant escalating non-lethal hailing and warning capability for critical infrastructure protection in the U.S." Gruenler concluded, "Our proprietary long range hailing and warning device is expanding its worldwide leadership position by enabling superior communications and commercial asset protection as well as providing The Sound of Force Protection(TM) for military and government customers." |