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LRAD Corporation Receives $1.98 Million LRAD® Order from United States Navy
First Order from New Multi-Year Contract

SAN DIEGO, CA, June 13, 2013 - LRAD Corporation (NASDAQ: LRAD), the world's leading provider of long range acoustic hailing devices (AHDs), announced today it has received a $1.98 million LRAD systems order from the United States Navy. The order, comprised of LRAD 100XTM, LRAD 500XTM and LRAD 1000XiTM systems, is scheduled for delivery before September 30, 2013.

"We're pleased to receive this order, our first under the recently awarded multi-year $12.2 million firm-fixed-price, indefinite-delivery/indefinite-quantity contract for small, medium and large AHDs from the United States Navy's Naval Surface Warfare Center," commented Tom Brown, president and CEO of LRAD Corporation. "LRAD is the only AHD that meets all the rigorous specifications of the United States Navy."

At distances up to 3,500 meters, LRAD systems have proven highly effective in anti-terrorism/force protection missions by broadcasting powerful deterrent tones and live or pre-recorded multi-language warnings, commands and instructions with unprecedented clarity and range. By communicating clearly over distance, LRAD systems create large standoff zones, unequivocally determine intent, resolve uncertain situations peacefully and save lives on both sides of the Long Range Acoustic Device®.

LRAD systems are deployed in more than 60 nations around the world including by U.S. and international naval forces and other military and security organizations.

About LRAD Corporation
LRAD Corporation is using long range communication to resolve uncertain situations peacefully and save lives on both sides of its proprietary Long Range Acoustic Device®. LRAD® systems are 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, emergency warning and mass notification, asset protection, and wildlife preservation and control. For more information about the Company and its LRAD systems, please visit www.lradx.com.

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Jun 13, 2013 05:03PM
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