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Technology Stocks : LRAD - Long Range Acoustic Device
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From: Savant3/7/2018 5:58:23 PM
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LRAD(R) Corporation Announces $1.0 Million in US Military and State Department Orders

SAN DIEGO, Calif., March 06, 2018 (GLOBE NEWSWIRE) -- LRAD Corporation (NASDAQ: LRAD), the world's leading provider of acoustic hailing devices ("AHDs"), advanced mass notification systems and distributed recipient software solutions, today announced over $1.0 million in orders that include accessories and spare parts for LRAD systems ordered in a previously announced $6.0 million U.S. Army program of record, and to support ongoing U.S. Navy programs. Additionally, the Company received LRAD 450XL and LRAD 500X orders from the U.S. Department of State.

"The U.S. Army and U.S. Navy accessories and spares orders will support deployed LRAD systems from previous AHD programs," commented Richard S. Danforth, Chief Executive Officer of LRAD Corporation. "The State Department selected LRAD to provide vehicle mounted AHDs for overseas embassy security."

U.S. defense forces are required to support a full spectrum of missions from combat to counterinsurgency to disaster response and humanitarian assistance. Regardless of the assigned mission, clear communication and scalable escalation of force ("EOF") capabilities are critical to mission success. LRAD systems broadcast deterrent tones and voice messages with exceptional clarity from close range out to 3 kilometers. LRAD is the long range voice communication and EOF system of choice for defense forces around the world.
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