American Technology Receives Opening $1.1 Million LRAD-R(R) Order for Critical
Infrastructure Protection Project in the United Arab Emirates
Additional Orders for the Protection Project Expected This Fiscal Year
SAN DIEGO, CA, Dec 19, 2007 (MARKET WIRE via COMTEX) -- American Technology
Corporation (ATC) (ATCO), a leading innovator of directed sound products and
technologies, announced today it has received a $1.1 million opening LRAD-R(R)
order for a critical infrastructure protection project in the United Arab
Emirates (UAE). The Company expects to begin LRAD-R (Long Range Acoustic Device -
Remote) system deliveries under the order next quarter. ATC also expects this to
be the first of several LRAD-R system orders for this UAE project.
"This opening LRAD-R order is a milestone in our efforts to deploy these systems
throughout the Middle East," said Tom Brown, president and chief executive
officer of American Technology. "With LRADs currently deployed in government,
military and commercial security applications around the world including several
hundred in Iraq, LRAD-R is the solution for a variety of security environments
where low maintenance, trouble-free operation is a must."
Developed for military force protection in 2002, ATC created the directed
acoustic hailing and warning device market category with the introduction of its
proprietary LRAD technology and products. LRAD-R uses high intensity 15 degrees -
30 degrees focused acoustic output to communicate well in excess of 500 meters
with authority and high intelligibility. Through the use of powerful voice
commands and deterrent tones, large safety zones can be created while determining
the intent, influencing the behavior and gaining the compliance of an intruder.
LRAD-R features an emitter head, integrated camera, high-intensity searchlight
(optional) and full pan and tilt capability for precise aiming and tracking.
LRAD-R can be operated remotely across an IP network enabling system operators to
respond to potential threats from a safe environment while creating a complete
unmanned perimeter security solution. LRAD-R accepts intruder position
information from other IP-enabled sensor systems to automatically find and track
potential threats. LRAD-R's large safety zone gives security personnel additional
time and valuable information if an elevated intruder response becomes necessary.
Added Brown, "LRAD-R system operators can locate, track, communicate with, and
deter intruders. Our system is ideal for port and border security, enforcement of
exclusion zones around oil and gas platforms and pipelines, perimeter security
for petrochemical and nuclear plants, and many other areas requiring critical
infrastructure protection."
About American Technology Corporation
American Technology Corporation is Shaping the Future of Sound(R) by providing
directed audio solutions that place clear, highly intelligible sound exactly
where needed. ATC's Long Range Acoustic Device (LRAD(R)), HyperSonic Sound(R)
(HSS(R)), and NeoPlanar(R) product lines make up the core of an expanding
portfolio of directed sound products and technologies. For more information about
ATC and its directed sound solutions please visit the company's web site at
atcsd.com.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995:
Except for historical information contained herein, the matters discussed are
forward-looking statements within the meaning of Section 21E of the Securities
Exchange Act. 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, including but not limited to, the
performance of our management team, market acceptance of our directed sound
technologies and products, entry of competitors, the possibility our intellectual
property protections will not prevent others from marketing products similar to
or competitive with our products, potential technical or manufacturing
difficulties that could delay product deliveries or increase warranty costs, and
other risks 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 year ended September 30, 2006 and the company's Form
10-Q for the quarter ended June 30, 2007. American Technology Corporation
disclaims any intent or obligation to update those forward-looking statements,
except as otherwise specifically stated.
FOR FURTHER INFORMATION CONTACT:
Investor Relations:
Robert Putnam
(858) 676-0519
Email Contact
SOURCE: American Technology Corporation |
