Dallas, Texas 01/21/2014 (FINANCIALSTRENDS) – LRAD Corp (NASDAQ:LRAD) has a market cap of $66.81 million and volume of 492,507, the EPS is 0.04 and PE is 52.90. The company has a 52 week high of $2.16 and 52 week low of 0.86.
LRAD Corp (NASDAQ:LRAD) is one of the leading US based Sound Technology players which hold a niche market for diverse range of audio products it provides. The company operates across the entire spectrum of this spectrum, offering design, development and commercialization of products it provides.
LRAD Corp (NASDAQ:LRAD) products are used for the high quality of features they provide in directing and focusing sound for the short as well as the long distances. In the Long Range Acoustic Device the sound beams are brought to focus, cancelling out all surrounding noise in the environment. Another of its most popular products is used in PAS or Public Address Systems as well as the mass notification applications.
LRAD Corp (NASDAQ:LRAD) products have made their way into military application systems. Some of the other products which use SoundSaber hardened panels for use in acoustic ecosystems. These include such places as industrial buildings, hangar bays, besides airports as well as similar high-decibel noise environments.
LRAD Corp (NASDAQ:LRAD) follows direct sales business line, directly providing military organizations as well as the highly diverse and niche industrial facilities, government agencies. It also sells directly to other companies which work in close association with the defense companies which use these sophisticated LRAD Systems. These products are used in the defense systems of over 60 countries currently.
The product range that LRAD offers is the direct response of the company to counter the ill-fated attack on the USS Cole. The anti-terror attack sound-tracking systems are deployed for their sophistication and are known to be some of the most reliable because of the rigorous validation the military put these products through.
