SAN DIEGO, May 27, 2020 (GLOBE NEWSWIRE) — Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced that after last week’s successful demonstration of its IPAWS WATCH software, the Company is now included in the Federal Emergency Management Agency’s (“FEMA”) Integrated Public Alert and Warning System’s (“IPAWS”) OPEN platform developers list as an official software service provider.The Company’s software demonstration during a FEMA open webinar included generating and delivering Common Alerting Protocol (“CAP”) test messages that were received and acknowledged by the IPAWS Lab. In May 2019, the Company successfully demonstrated its IPAWS hardware capabilities to emergency management officials. A solar-powered Genasys 360XT outdoor mass notification system located in San Diego received and broadcast audio test messages sent from the IPAWS Lab in Indian Head, MD in real time.“Our software is fully WEA 3.0 compliant and the most feature-complete implementation of IPAWS in the industry,” said Richard Danforth, Chief Executive Officer, Genasys Inc. “The Genasys unified public safety platform enables multi-channel software and hardware deliveries of IPAWS and other emergency alerts and notifications.”IPAWS WATCH empowers public safety agencies to issue emergency alerts and warnings in multiple languages through FEMA’s IPAWS. Public safety alerts for severe weather, evacuation and shelter-in-place notifications, hazardous materials release, active shooter or other critical events, can be dispersed via IPAWS emergency alerting channels such as WEA, EAS, CAP and other modalities throughout an affected geographic area.About Genasys Inc.Genasys™ provides a multi-channel approach to deliver geo-targeted alerts, notifications, instructions and information before, during and after public safety threats and critical business events. The Company’s unified critical communications platform includes its National Emergency Warning System (NEWS), Personal Safety Service (PSS), Team Safety Management (TSM), LRAD® systems and more.Genasys is a global provider of critical communications solutions to help keep people safe. Genasys systems are in service in 72 countries around the world in diverse applications, including public safety, national emergency warning systems, mass notification, defense, law enforcement, critical infrastructure protection and many more. For more information, visit genasys.com.Forward-Looking StatementsExcept 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 forward-looking statements are subject to a number of risks and uncertainties, including the consequences of the COVID-19 outbreak, other pandemics 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, 2019. Genasys Inc. disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.Investor Relations Contacts
Jim Fanucchi and Satya Chillara
Darrow Associates, Inc.
[email protected]
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