LRAD Corp. ("the Company") develops and markets acoustic hailing devices (AHD) that are designed to improve the delivery and intelligibility of audio broadcasts over long ranges. The Company's Long Range Acoustic Device® (LRAD®) technology uses advanced sound reproduction technologies and novel acoustic materials to broadcast authoritative and highly intelligible instructions, warnings, alarms, and other sounds over several miles. LRAD® improves upon traditional speaker systems and megaphones by directing sound only where needed. Similar to a spotlight, which produces an intense beam of targeted light, each LRAD® system delivers a focused, directional audio broadcast. The beam width, frequency range, and maximum continuous output of LRAD® devices can be adjusted to target individuals, small groups, and large crowds at various ranges. LRAD Corp.'s versatile product portfolio has a broad range of applications, including public safety/law enforcement, commercial security, military, and wildlife and asset protection. The Company's shares trade on the NASDAQ Capital Market under the symbol "LRAD".