Genasys Inc. receives $ 3.0 million in domestic LRAD® and

SAN DIEGO, June 30, 2021 (GLOBE NEWSWIRE) – Genasys Inc. (NASDAQ: GNSS), the global leader in mission-critical communications systems and solutions, today announced $ 3.0 million in orders for domestic LRAD systems and international. LRAD systems will be used for public security, border, domestic and commercial applications in the United States, African countries and other countries.

“Escalating incursions at international borders and threats to homeland security are increasing the demand for LRAD systems and integrations,” said Richard S. Danforth, President and CEO of Genasys Inc. “US Public Safety Agencies and internationals use LRAD’s exceptional long-range communication and capabilities to defuse dangerous situations, protect civilians and protect officers. “

“An increasing number of countries in our region are facing increasing public safety challenges,” said Peter Ayre, vice president of business development for the Middle East, Africa and Central Asia for Genasys Inc. “Genasys systems provide solutions to many law enforcement, border and homeland security issues in these countries. “

The company also announced that Mr. Mansour Karam has been appointed as Director of Business Development for North Africa and Sub-Saharan Africa to meet growing regional demand for LRAD systems and Genasys mass notification solutions.

Fluent in Arabic, French and English, Mr. Karam was Regional Director of Distribution Channels for Motorola Solutions in the Middle East from 2019 to 2021 and Senior Director of Channel Sales from 2012 to 2019. He did expand Motorola Solutions’ channel network from 64 to 112. partners and entered, signed and delivered major commercial agreements in the utilities, government and oil and gas industries. From 2010 to 2012, Mr. Karam was Senior Radio Sales Engineer for Saudi Ericsson Communication.

About Genasys Inc.

Genasys is a global provider of critical communications solutions that help keep people safe. Genasys systems are in service in over 100 countries around the world in a range of diverse applications including defense, public safety, national emergency alert systems, mass notification, enforcement of the law, the protection of critical infrastructure and many others. 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 such statements. We base these statements on specific assumptions we have made in light of our experience in the industry, stage of product and market development as well as our perception of historical trends, current market conditions, economic data. current, expected future developments and other factors as we deem appropriate in the circumstances. These statements involve risks and uncertainties which could cause actual results to differ materially from those suggested in forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties, including, without limitation, our ability to recognize the expected synergies and other benefits of the Zonehaven acquisition; the difficulties of integrating Zonehaven after the closing; diversion of management time to resolve post-close transaction issues; uncertainties relating to disputes relating to the acquisition of Zonehaven; uncertainties related to unforeseen integration costs or undisclosed liabilities assumed; uncertainties related to the acceptance of the acquisition of Zonehaven and its products by third parties; the business impact of health crises or epidemics, 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 beyond our control. control of the Company. Risks and uncertainties are identified and discussed in our documents filed with the Securities and Exchange Commission. These forward-looking statements are based on the information and expectations of management as of the date hereof. Future results could 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 intention or obligation to update date such forward-looking statements, unless otherwise indicated.


        

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