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Share Name | Share Symbol | Market | Type |
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LRAD Corporation | NASDAQ:LRAD | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 3.36 | 3.31 | 3.39 | 0 | 01:00:00 |
The Eurasian oil and gas company that previously ordered mobile LRAD 360XT systems is expanding its use of LRAD mass notification solutions at one of its refineries by installing LRAD DS-60X horn arrays with battery backup. The 60° horns will be placed on buildings and in transient areas, linked via LRAD’s Command and Control software, and integrated with gas detection alarm systems to provide communication and emergency warning throughout the facility.
Additionally, two orders for military bases were received. The Army ordered a follow-on military-grade LRAD 360XT for deployment at an overseas forward operating base. The self-contained, self-powered mobile mass notification solution is integrated with an early warning system and can be rapidly deployed anywhere on a forward operating base. Multiple LRAD 360X systems were also ordered for an international airfield to provide base-wide mass notification. Each LRAD 360X will be pole-mounted and linked using LRAD’s Command and Control software to enable on-the-fly messaging in multiple languages and system status monitoring. LRAD’s Command and Control software is user-friendly, flexible, and easily integrates with fire alarm and other 3rd party systems.
“These orders from industrial and defense customers show the versatility and value of LRAD’s mass notification solutions,” remarked Richard S. Danforth, Chief Executive Officer of LRAD Corporation. “With industry-leading vocal clarity, communication area coverage, and activation, control and power options, LRAD systems are the most advanced voice broadcast solutions available.”
Incorporating LRAD’s award-winning voice clarity in a smaller form factor, LRAD DS-60X horn systems provide 60°- 360° area customizable communication. The rugged acoustic horn system has a 650-meter range and is efficient, low power, and built for permanent outdoor installation.
Featuring the mass notification industry’s highest Speech Transmission Index, the LRAD 360X comes in one, two, and four-emitter configurations and mounts on structures or stand-alone poles. LRAD 360X systems are field upgradeable, have flexible power options, and a communication coverage radius out to 1.3 km.
About LRAD Corporation
The Company's proprietary Long Range Acoustic Devices®, advanced ONE VOICE® mass notification systems, and innovative Genasys™ mass messaging solutions are designed to enable users to safely hail and warn, inform and direct, prevent misunderstandings, determine intent, establish large safety zones, resolve uncertain situations, and save lives.
LRAD systems are in service in 72 countries around the world in diverse applications including mass notification defense, law enforcement and public safety, homeland and border security, critical infrastructure protection, fire rescue and emergency management, maritime and port security, and wildlife control and preservation. For more information, please visit LRAD.com.
Company Contact E. Brian Harvey Director, Investor Relations and Capital Markets 858.753.8974 ebharvey@lrad.com
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