LRAD Corp.

Genasys Inc. Receives Mass Notification System Order for Large Entertainment Venue

Genasys Inc. Receives Mass Notification System Order for Large Entertainment Venue

Genasys to Deliver Emergency Warnings and Public Safety Notifications to Venue Tourists & Visitors During Critical Events

SAN DIEGO, April 04, 2023 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions that help keep people safe, today announced a new order for a large outdoor tourist destination.

"Voice broadcast clarity, multiple activation and control options, and the ability of our IMNS installations to blend into the venue’s layout and architecture were key considerations in securing this order," said Richard Danforth, Chief Executive Officer, Genasys Inc. "IMNS is one of the core components of Genasys Protect™, our unified platform that empowers organizations with comprehensive emergency management and multichannel communications solutions that help safeguard people throughout crisis situations."  

Chris Roller, Vice President of IMNS Business Development, said, "Siren-based systems are incapable of broadcasting highly intelligible voice messages that describe the nature of the emergency as well as the information needed to prevent panic and keep people safe. With the mass notification industry’s highest Speech Transmission Index, IMNS delivers audible notifications and instructions with exceptional vocal clarity over crowd and background noise."

Mr. Danforth added, "Our proven use cases from targeted verticals that include large entertainment venues, critical infrastructure protection, energy, utilities, and heavy manufacturing are creating greater awareness of our unified protective communications platform and accelerating pipeline growth."

About Genasys Inc.

Genasys® is a global provider of critical communications systems and solutions. The Genasys Protect™ unified platform empowers governments, businesses, and organizations to deliver real-time geo-targeted alerts, notifications, and information before, during, and after public safety and enterprise threats.

The Company’s integrated Software-as-a-Service and hardware platform includes Genasys Emergency Management (GEM), Zonehaven® evacuation management, National Emergency Warning System (NEWS), Integrated Mass Notification System (IMNS), and LRAD® long-range communication systems.

Genasys is helping to protect millions of people in more than 100 countries. For more information, visit .

Forward-Looking Statements

Except for historical information contained herein, the matters discussed are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. 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. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those suggested in any forward-looking statement. The risks and uncertainties in these forward-looking statements include without limitation the business impact of epidemics or pandemics, geopolitical conflict, and other causes that 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, 2022. Genasys Inc. disclaims any intent or obligation to publicly update or revise forward-looking statements, except as otherwise specifically stated.



Investor Relations Contact

Brian Alger, CFA
SVP, IR and Corporate Development
 
(858) 676-0582
EN
04/04/2023

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