LRAD(R) Corporation Announces $1.1 Million Public Safety Follow-On Order from Southeast Asia

SAN DIEGO, Feb. 2, 2016 -- LRAD Corporation (NASDAQ: LRAD), the world's leading provider of Long Range Acoustic Devices® and advanced ONE VOICE® Mass Notification Systems (MNS), today announced a $1.1 million follow-on LRAD 100X systems and accessories public safety order from a Southeast Asian country. Scheduled for delivery this fiscal year, the country continues to upgrade from legacy communication products to LRAD's long range and highly intelligible voice capabilities.

"More and more public safety agencies are selecting the LRAD 100X as their portable communication device of choice," commented Tom Brown, President and Chief Executive Officer of LRAD Corporation. "In addition to being 20 – 30 decibels louder, the self-contained LRAD 100X is substantially more intelligible than bullhorns and vehicle-based public address systems."

From the portable LRAD 100X to larger systems temporarily or permanently mounted on vehicles, vessels or helicopters, LRAD enhances public safety and security. Public safety agencies around the world, including over 200 U.S. cities, counties and states, use LRAD systems and support equipment.

About LRAD Corporation

LRAD Corporation designs, manufactures and markets its proprietary Long Range Acoustic Devices® and advanced ONE VOICE® mass notification systems to 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, maritime security, critical infrastructure and perimeter security, commercial security, border and port security, law enforcement and emergency responder communication, asset protection, and wildlife control and preservation. For more information, 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, 2015. LRAD Corporation disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.
 

CONTACT: Company Contact
         
         E. Brian Harvey
         Director, Investor Relations and Capital Markets
         858.753.8974 
         [email protected]