Science & Technology
Science and Technology
Science and Technology
Tue, January 13, 2009 American Technology Corporation: American Technology Receives $500,000 in New LRAD(R) Orders From U.S. Army and Commercial Ship
SAN DIEGO, CA--(Marketwire - January 13, 2009) - American Technology Corporation (ATC) (
The U.S. Army ordered the additional LRAD 500X™ systems for deployment and for operational testing and evaluation as part of its Acoustic Hailing Device (AHD) program. In May 2007, ATC won a competitive proposal to supply a next generation AHD for the U.S. Navy and U.S. Army's small vessels and vehicles. The LRAD 500X exceeded the voice transmission requirements of the joint project team and is the only device that meets the performance, weight, and size requirements for both armed services.
The commercial shipping customer purchased additional LRAD systems for their Gulf of Aden transits after two years of successful LRAD 1000® deployments operating on ATC's proprietary Scram Carts.
"Commercial shipping customers frequently order one system per vessel and, after the utility of LRAD is proven, additional units per vessel are subsequently purchased," commented Scott Stuckey, ATC's vice president of business development. "With the swarming tactics being used by pirates, this customer required simultaneous LRAD coverage along multiple threat axes of their vessels. Many of our commercial maritime customers have successfully used LRAD to help deter pirate attacks on multiple occasions off the Horn of Africa."
"Our Scram Cart provides a mobile mounting platform, power supply and charging station for LRAD and accessories such as high candle power lights and lasers," continued Stuckey. "This wheeled system enables a single operator to rapidly move a mounted LRAD and provides enough power to remotely operate the system for over six hours on battery and indefinitely when connected to the ship."
ATC developed its proprietary LRAD product line to assist military and security forces in determining the intent of potential threats at safe distances, providing authorized personnel time and distance to scale their response based on a threat's actions. LRAD is highly effective using directionality and focused acoustic output to clearly transmit critical information, instructions and warnings at distances in excess of 1000 meters. LRAD can be manually operated or integrated into a remotely controlled security network's command and control center. Through the use of powerful voice commands and deterrent tones, LRAD can create large safety zones, resolve uncertain situations, and potentially save lives on both sides of the device.
"Over the past two years, ATC has made a significant investment in internally funded research and development to establish a leading position in providing the U.S. Military and maritime companies with products and solutions that meet their stringent requirements," remarked Tom Brown, president and CEO of ATC. "We are pleased to receive these repeat orders evidencing our commitment in addressing the needs of our growing customer base."
About American Technology Corporation
American Technology Corporation is Shaping the Future of Sound® by providing directed audio solutions that place clear, highly intelligible sound exactly where needed. ATC's Long Range Acoustic Device (LRAD®), HyperSonic® Sound, and SoundSaber® product lines make up the core of an expanding portfolio of directed sound products and technologies. For more information about ATC and its directed sound solutions please visit the company's web site at [ www.atcsd.com ].
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act. 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, including but not limited to, the performance of our management team, market acceptance of our directed sound technologies and products, entry of competitors, the possibility our intellectual property protections will not prevent others from marketing products similar to or competitive with our products, potential technical or manufacturing difficulties that could delay product deliveries or increase warranty costs, and other risks 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, 2008 and Form 10-Q for the quarter ended June 30, 2008. American Technology Corporation disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.
