LRAD Corporation Announces $17.6 Million LRAD(R) Systems and Maintenance Order From a Foreign Government

Order Includes $5.5 Million Maintenance Agreement

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SAN DIEGO, CA--(Marketwire - 09/29/10) - LRAD Corporation (NASDAQ:LRAD - News), the global leader in acoustic hailing devices (AHDs), announced today it has received a LRAD® systems and maintenance order from a foreign government for one of its military services totaling approximately $17.6 million. The LRAD systems order totals over $12.1 million and is scheduled to ship in the first half of the Company's fiscal year 2011 (October 1, 2010 - March 31, 2011).

As part of the order, LRAD Corporation also received a multi-year maintenance agreement worth approximately $5.5 million. Under the terms of the agreement, the Company will establish and outsource several maintenance locations in the country where the order originated. The foreign government is not being disclosed at this time per the terms of the order.

LRAD Corporation's proprietary LRAD directed sound systems enable military forces to communicate clearly and determine the intent of potential threats at safe distances, providing time and distance to employ a measured response to a threat's actions. Through the use of focused multi-lingual voice commands and deterrent tones, LRAD creates large standoff and safety zones, supports peaceful conflict resolution, and potentially saves lives on both sides of the device.

"LRAD systems are becoming an essential part of the layered defense strategies being deployed by international military forces," commented Tom Brown, president and CEO of LRAD Corporation. "LRAD provides military and security organizations the unique capability of communicating, hailing, warning and determining intent at distances up to three kilometers. The fact that this order is the largest international order to date in the Company's history demonstrates the expanding markets for, and the growing acceptance of, LRAD throughout the world."

Any thoughts why , since so many of us hold Lrad , Ptsc , EDIG ?

Ric