SAN DIEGO, CA -- (Marketwire) -- 11/17/11 -- LRAD Corporation (NASDAQ: LRAD), the world's leading provider of acoustic hailing devices (AHDs), announced today it has received a $960,000 follow-on order for additional LRAD systems at an international mining site. The LRAD systems will be integrated with radar from DeTect, Inc., the world leader in avian radar for aircraft bird strike avoidance, avian risk assessment and environmental protection (http://www.detect-inc.com). The order is scheduled to ship this quarter.
"This follow-on order is further confirmation of LRAD's effectiveness in preserving wildlife," commented Tom Brown, president and CEO of LRAD Corporation. "By keeping birds away from tailing ponds, LRAD dramatically reduces both the number of birds killed annually and the environmental fines assessed to mining operations when waterfowl deaths exceed government standards."
LRAD systems use directionality and focused acoustic output to clearly transmit a variety of tones and predator calls at distances in excess of 2,000 meters (for more information please view: http://www.lradx.com/site/content/view/268/110). LRAD can be manually operated or integrated into remotely controlled command and control centers.
Brown concluded, "In addition to mining operations, protecting wildlife and critical assets around airports, wind farms, fisheries and large agricultural concerns holds substantial potential for LRAD systems sales growth."
About LRAD Corporation
LRAD Corporation has thousands of Long Range Acoustic Device® (LRAD®) communication systems in service 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, asset protection and wildlife preservation and control. For more information about the Company and its LRAD systems, please visit www.lradx.com.
Forward-looking Statements: Except for historical information contained herein, the matters discussed are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. 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. These risks and uncertainties are 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 fiscal year ended September 30, 2010. LRAD Corporation disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.