LRAD Corporation to Report Record Revenues of $26 Million and Record Profits for Fiscal Year Ended September 30, 2011
Company Produces Over 50% Fiscal YOY Revenue Growth and Fourth Consecutive Fiscal Year of Record Revenues

SAN DIEGO, CA, October 6, 2011 – LRAD Corporation (NASDAQ: LRAD), the world's leading provider of long range acoustic hailing devices (AHDs), announced today that it expects to report strong fiscal Q4 revenues that will boost record fiscal year revenues over $26 million. The Company also expects to report record fiscal year profits for its year ended September 30, 2011.

"Through finding new AHD applications, broadening our worldwide markets and strengthening our LRAD® systems line up, we produced record fiscal year revenues and profits in the face of stiff economic headwinds," stated Tom Brown, president and CEO of LRAD Corporation. "We're pleased to have achieved record revenues despite a 40% reduction in our year over year U.S. military business due to ongoing Federal budget uncertainty."

"While government and defense funding issues remain a concern, there is expanding domestic and international demand for LRAD long range communication systems in the military, public safety, commercial security, and wildlife & asset protection markets," Brown concluded. "In fiscal 2012, we're working to build upon five consecutive fiscal years of double digit LRAD systems sales growth by continuing to increase and diversify our Long Range Acoustic Device® applications, markets, customers and revenues."