Genasys Inc. Receives $1.8 Million LRAD® Systems Order in Asia Pacific Region
31 August 2021 - 10:30PM
Genasys Inc. (NASDAQ: GNSS), the global leader in critical
communications systems and solutions, today announced a $1.8
million long-range communication systems order from a country in
Southeast Asia. The LRAD systems are scheduled to be deployed by
homeland security agencies for border security, law enforcement and
public safety applications.
"This order was cultivated and facilitated by
the regional sales office we opened in Singapore earlier this
year," said Richard S. Danforth, Chief Executive Officer of Genasys
Inc. "Escalating homeland security and public safety threats
throughout the world are driving strong demand for critical
communications systems and solutions. In spite of government
funding and COVID challenges in the Asia Pacific, we are
established and well-positioned in the region to drive stronger
hardware and software sales in fiscal 2022."
LRAD is fundamentally changing the way homeland
security and public safety agencies conduct everyday duties and
elevated risk operations. LRAD systems ensure warnings, commands
and notifications are clearly heard and understood above background
noise and inside vehicles and buildings. Rugged, portable and easy
to operate, LRAD systems help safeguard the public, protect
officers, resolve uncertain situations, and save lives.
About Genasys
Inc.
Genasys™ is a global provider of critical
communications systems and solutions that help keep people
safe. Genasys provides a multichannel approach to deliver
geo-targeted alerts, notifications, instructions and information
before, during and after public safety threats and critical
business events. The Company's unified critical communications
platform includes Genasys Emergency Management (GEM) applications,
National Emergency Warning Systems (NEWS), Integrated Mass
Notification Systems (IMNS), LRAD® long-range voice broadcast
systems, Zonehaven™ public safety resources, and more.
Genasys systems are in service in more than 100
countries in a range of diverse applications, including public
safety, emergency warning, mass notification, critical event
management, defense, law enforcement, homeland security, and other
applications. For more information, visit genasys.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
forward-looking statements are subject to a number of risks and
uncertainties, including without limitation the business impact of
health crises or outbreaks of disease, such as epidemics or
pandemics and how they may affect our supply chain, and other risks
and uncertainties, many of which involve factors or circumstances
that are beyond the Company's control. 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, 2020. Genasys Inc.
disclaims any intent or obligation to update those forward-looking
statements, except as otherwise specifically stated.
Investor Relations Contact
Kimberly Rogers
Hayden IR
ir@genasys.com
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