American Technology Announces Non-Lethal Acoustical Weapon Technology for Military and Law Enforcement.Business Editors/High-Tech Writers SAN DIEGO--(BUSINESS WIRE)--Oct. 30, 2001 Company Answering Pentagon's Call for Technologies to Combat Terrorism American Technology Corp. (Nasdaq:ATCO ATCO Air Traffic Control Officer ATCO Association of Transport Coordinating Officers (UK) ATCO Air Tanker/Fixed Wing Coordinator ATCO Aviation Transportation Coordination Office ATCO Air Taxi and Commercial Operator ) a leading innovator of new sound technologies, today announced a state-of-the-art non-lethal weapon technology, the Directed Stick Radiator (DSR (1) (Data Set Ready) An RS-232 signal sent from the modem to the computer or terminal indicating that it is able to accept data. Contrast with DTR. (2) (Dynamic Source R ) in answering the Department of Defense's call issued last week for help in fighting terrorism. The company's patented Directed Stick Radiator is a portable, battery-operated non-lethal weapon technology that uses a high intensity acoustic pressure wave to disorient dis·o·ri·ent tr.v. dis·o·ri·ent·ed, dis·o·ri·ent·ing, dis·o·ri·ents To cause (a person, for example) to experience disorientation. Verb 1. and disable targeted individuals up to 100 yards away. The DSR discharge causes no lasting effects on the targeted individuals and could be safely used in aircraft without fear of puncturing the fuselage. The company has been requested by the U.S. Army and a major defense contractor to submit the DSR technology to the Pentagon for funding consideration. The company has also been requested to submit specific configurations of its HSS HSS Humanities and Social Sciences HSS High Speed Steel HSS Home Subscriber Server (3GPP) HSS Hospital for Special Surgery (New York, NY, USA) HSS Hospital for Special Surgery HSS History of Science Society (TM) (HyperSonic hy·per·son·ic adj. Of, relating to, or capable of speed equal to or exceeding five times the speed of sound. hy (TM) Sound) and NeoPlanar(TM) loudspeaker technologies for non-weapon-related military audio applications. Presentations of the technologies to government and military officials have been ongoing with several more scheduled through November. Elwood Norris, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and chairman of American Technology, stated, "Our Directed Stick Radiator technology is a breakthrough in portable, non-lethal weaponry for military personnel and law enforcement officers. Instead of using noxious chemicals, high voltage sparks or other close-quarters means of disabling a suspect, DSR could allow authorized users to safely and remotely incapacitate in·ca·pac·i·tate tr.v. in·ca·pac·i·tat·ed, in·ca·pac·i·tat·ing, in·ca·pac·i·tates 1. To deprive of strength or ability; disable. 2. To make legally ineligible; disqualify. a specific individual or small group temporarily. DSR could also be used for animal control without harmful effects. We believe our DSR technology has the potential to become the non-lethal weapon of choice for military and law enforcement use." About American Technology Corp. American Technology Corp. is Shaping the Future of Sound(R) by developing and licensing its technology and intellectual property portfolio which includes: the award-winning HSS(TM) (HyperSonic(TM) Sound Technology); Stratified stratified /strat·i·fied/ (strat´i-fid) formed or arranged in layers. strat·i·fied adj. Arranged in the form of layers or strata. Field(R) Technology; NeoPlanar(TM); PureBass(TM) Sub-Woofer Technology; Directed Stick Radiator technology and FM Sounds(TM) consumer radio products. The company is establishing a strong portfolio of patents, trademarks, and know-how including over 110 U.S. and Foreign patents and patent filings to date. For more information on the company and its technologies and products please visit our Web site at www.atcsd.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: This document contains forward-looking statements relating to future performance, technology and product development that may affect future results and the future viability of the company. Actual results could be affected or differ materially from those projected in the forward-looking statements as a result of risks and uncertainties, including future products and results, technological shifts, potential technical difficulties that could delay new products, competition, general economic factors, pricing pressures, the uncertainty of market acceptance of new products and services by OEMs and end-user customers, and other factors identified and discussed in the company's most recent 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 the company's current expectations. |
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