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Technology Stocks : LRAD - Long Range Acoustic Device

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From: Savant8/23/2011 10:33:14 AM
   of 261
 
LRAD Corporation Receives LRAD-RX(R) Systems Order to Remotely Secure Oil
Platforms

SAN DIEGO, CA, Aug 23, 2011 (MARKETWIRE via COMTEX) -- LRAD Corporation (LRAD),
the world's leading provider of acoustic hailing devices (AHDs), today announced
it has received a LRAD-RX systems order to remotely secure multiple offshore oil
platforms. The remotely operated LRAD-RX systems, integrated with high power
spotlights and sensors, will be utilized to keep security threats, fishermen and
birds away from the unmanned platforms. The systems will also be used to protect
divers working on the oil rigs from fishing trawlers that penetrate the extended
security zones around the platforms. Further details of the order are
confidential by request of the customer. The order is scheduled to ship this
quarter.

Featuring the Company's proprietary, IP-addressable full pan and tilt drive for
precise aiming and tracking, the LRAD-RX's directional broadcasts create standoff
zones through powerful voice commands and deterrent tones that can be clearly
heard and understood over distances up to 3 km.

"LRAD-RX systems provide oil and gas companies the capability of remotely
deterring potential security threats and wildlife from damaging unmanned
platforms," remarked Tom Brown, president and CEO of LRAD Corporation. "LRAD oil
platform deployments are increasing around the world including off the coast of
Australia, in the Gulf of Mexico and in the Bay of Bengal. Remotely protecting
critical oil and gas facilities is an emerging market application with
significant potential for our robust LRAD-RX systems."

About LRAD Corporation LRAD Corporation's Long Range Acoustic Device(R) (LRAD(R))
directional communication systems are being used 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, and
wildlife preservation and control. For more information about the Company and its
LRAD systems, please visit lradx.com.
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