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LRAD receives $1.6M order from Eurasian oil company for a second mass notification system


SAN DIEGO April 27, 2017 LRAD Corporation (NASDAQ: LRAD), the world’s leading provider of acoustic hailing devices and advanced mass notification systems, today announced a second LRAD 360XT systems order from one of the largest oil and gas companies in Eurasia.

The LRAD ONE VOICE mobile mass notification systems in the $1.6 million order will have LRAD's solar power option and be integrated with a gas detection alarm system. Equipped with LRAD 360X emitters, each system provides a 1,000-meter radius of communication coverage, and will be used for public address, emergency communication and early warning. The order is scheduled to ship during calendar 2017.

“The advanced technology and superior intelligibility of the LRAD 360XT systems announced last October led to a second order from this customer,” remarked Richard S. Danforth, Chief Executive Officer of LRAD Corporation. “The critical capabilities LRAD systems provide for public address, early warning, emergency communication, wildlife deterrence, perimeter protection and critical infrastructure security are fueling revenue growth in our oil & gas business segment.”

The LRAD 360XT mobile mass notification system (“MNS”) delivers LRAD’s renowned, highly intelligible voice and alert tone broadcasts with uniform 360° coverage from a rapidly deployable, telescoping 30-foot pneumatic mast. The LRAD mobile MNS is integrated and mounted on a fully self-contained, ruggedized trailer featuring securely mounted, lockable electronics and equipment enclosures containing the amplifier modules and battery pneumatic systems. Please click here for more information on the LRAD 360XT.

About LRAD Corporation

Using advanced technology and superior voice intelligibility, LRAD Corporation’s proprietary Long Range Acoustic Devices® and revolutionary ONE VOICE® mass notification systems 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 more than 70 countries around the world in diverse applications including mass notification and public address, fixed and mobile defense deployments, homeland, border, critical infrastructure, maritime, oil & gas, and port security, public safety, law enforcement and emergency responder communications, asset protection, and wildlife control and preservation. For more information, please visit www.lrad.com.


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