American Technology Corporation Reports New LRAD Orders; Announces MRAD, New Member of ATC's LRAD Product Family.
ATC's vice president of government and force protection systems, Carl Gruenler, said, "Due to LRAD's success in supporting military operations other than war, and its flexibility in meeting various mission requirements, the U.S. armed services are evaluating the formal program acquisition path for LRAD."
"Furthermore, the Department of Defense has shown significant interest in the advanced fielded prototype of our new Medium Range Acoustic Device (MRAD(TM))."
ATC plans to introduce this new member of its LRAD product family this summer. MRAD will be about half the size and weight of LRAD, and is optimized for land and vehicle-based operations. MRAD is expected to be particularly effective on armored vehicles for urban warfare, shorter-range checkpoints and access denial, plus multiple applications for local, national and international law enforcement.
LRAD is ATC's proprietary long-range hailing and warning, directed acoustic device designed to communicate with authority and exceptionally high intelligibility in a 15-30 degree beam. LRAD is used to issue verbal challenges with instructions in excess of 500 hundred yards in a focused beam with a follow up warning tone to influence behavior or determine intent. Effective ranges of over 1,000 yards are being reported from U.S. Navy and U.S. Coast Guard vessels stationed in the Persian Gulf.
Gruenler concluded, "Beyond MRAD, we are working with agencies and companies on developing enhanced versions of LRAD to solve the increasingly difficult challenges associated with protecting high-value critical infrastructure as well as national and international borders. We believe extensions of our proprietary LRAD technology can play a vital role in deploying and effectively operating advanced security systems and fighting the global war on terrorism."
About American Technology Corporation
American Technology Corporation is Shaping the Future of Sound(R) by developing, manufacturing and globally distributing its proprietary sound technologies and products which include: the award-winning HSS(R) (HyperSonic(R) Sound technology); LRAD(TM) (Long Range Acoustic Device); NeoPlanar(R), SoundCluster(TM) and others. The Company is establishing a strong portfolio of patents, trademarks, and intellectual property including over 160 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 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 changes in the sound reproduction industry, the need for market acceptance of our sound reproduction technologies, entry of competitors in the sound reproduction market, the possibility our intellectual property protections will not prevent others from marketing products similar to or competitive with our products, our ability to develop future products which maintain a competitive advantage over competing products, pricing pressures, technology shifts, potential technical or manufacturing difficulties that could delay products, possible government regulations, warranty or other claims, the outcome of pending or future litigation, general economic and political factors which influence buying decisions, and other risks identified and discussed in the 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. American Technology Corporation disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.
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|Date:||Apr 27, 2005|
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