LRAD(R) Corporation Receives $710,000 Latin American Prison Security Order

SAN DIEGO, CALIF., Dec. 29, 2015 (GLOBE NEWSWIRE) -- LRAD Corporation (NASDAQ:LRAD), the world's leading provider of Long Range Acoustic Devices® and advanced ONE VOICE® mass notification systems, today announced it has received a $710,000 LRAD 1000Xi systems and accessories order for prison security in Latin America.

"LRAD systems fundamentally change the way corrections officers secure prisons, facility perimeters and conduct many operations," commented Tom Brown, President and Chief Executive Officer of LRAD Corporation. "As an instant force multiplier, LRAD frees officers to prevent dangerous situations from escalating."

The superior voice intelligibility and extended frequency range of the LRAD 1000Xi safely alters behavior, disperses inmates, facilitates cell extractions, establishes standoff zones between guards and prisoners, disrupts prisoner communication, alleviates the escalation of force during fights, riots, hostage and barricaded subject situations, and quickly resolves uncertain situations to prevent injuries and save lives.

About LRAD Corporation

LRAD Corporation designs, manufactures and markets Long Range Acoustic Devices® and advanced ONE VOICE® mass notification systems to save lives. LRAD systems are in service in more than 70 countries around the world in diverse applications including mass notification and public address, fixed and mobile defense deployments, maritime security, critical infrastructure and perimeter security, commercial security, border and port security, law enforcement and emergency responder communications, asset protection, and wildlife control and preservation. For more information, please visit www.lradx.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 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. These 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, 2015. LRAD Corporation disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.

CONTACT: E. Brian Harvey
         Director, Investor Relations and Capital Markets
         858.753.8974 
         [email protected]