LRAD Corporation Names E. Brian Harvey as Director of Investor Relations and Capital Markets

SAN DIEGO, CALIF., Oct. 15, 2013 (GLOBE NEWSWIRE) -- LRAD Corporation (NASDAQ: LRAD), the world's leading provider of long range acoustic hailing devices (AHDs), today announced the appointment of E. Brian Harvey as Director of Investor Relations and Capital Markets. Mr. Harvey will oversee the Company's strategies for raising investor and public awareness, and corporate communications for LRAD Corporation.

Most recently, Mr. Harvey was the Vice President of Investor Relations and Capital Markets for MeetMe, Inc., the public market leader in social discovery. Prior to joining MeetMe in 2011, Mr. Harvey spent over twelve years working for a number Wall Street broker-dealers as both a Supervisory Analyst and an Equity Research Analyst. Mr. Harvey specialized in covering small capitalization technology companies as well as other industries, and as a result, he brings a wealth of industry knowledge and a strong Wall Street network to his new position.

"We are very pleased to bring Brian on board," remarked Tom Brown, President and CEO of LRAD Corporation. "His valuable experience heading up MeetMe's investor relations, his prior experience as a research analyst, and his network within the small cap community make Brian a truly ideal fit for LRAD. We look forward to him broadening our visibility within the investment community and working with him on corporate objectives to further grow our business and increase long-term shareholder value."

"LRAD has proven, cutting edge technology with tremendous opportunities in many fast growing fields such as mass notification, public safety, military and commercial security and wildlife and asset protection," commented Mr. Harvey. "It is very exciting to see LRAD's mass notification technology successfully utilized in national emergencies and play an integral part during the recent Colorado flooding. I look forward to working with the LRAD management team which has shown a strong commitment to creating shareholder value and maintaining a strong, debt-free balance sheet."

Mr. Harvey earned his bachelor's degree in Economics and Computer Science at Assumption College and his business degree (MBA) at Northeastern University.

About LRAD Corporation

LRAD Corporation is using long range communication to peacefully resolve uncertain situations and save lives on both sides of its proprietary Long Range Acoustic Device®. LRAD® systems are in service in more than 60 countries around the world in diverse applications including fixed and mobile military deployments, maritime security, critical infrastructure and perimeter security, commercial security, border and port security, law enforcement and emergency responder communications, emergency warning and mass notification, asset protection and wildlife preservation and control. For more information about the Company and its LRAD systems, 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, 2012. LRAD Corporation disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.