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Genasys™ Inc. Awarded Multi-Year Contract from Optus to Power Delivery of Emergency Alerts in Australia

Written by Customer Service on . Posted in Public Companies.

SAN DIEGO, Sept. 22, 2020 (GLOBE NEWSWIRE) — Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced that it has been awarded a multi-year contract from Optus, one of Australia’s three mobile network operators, to deliver emergency alerts for the country’s next-generation early warning system. Contracts from the other two mobile telecom providers are expected to be awarded shortly.“Genasys and Nokia partnered to pioneer the delivery of emergency alerts to mobile devices in 2012 when Australia implemented the world’s first location-based SMS Emergency Alert System,” said Richard S. Danforth, CEO of Genasys. “After Australia decided to upgrade its Emergency Alert System last year, the Company and Nokia responded to requests for proposal from the country’s mobile network operators that resulted in this multi-year contract to power emergency alerts for Optus.”“With no opting in or app download required from Optus subscribers, Genasys’ National Emergency Warning System (“NEWS”) delivers emergency alerts to the mobile phones of populations at risk to help keep Australia’s residents and visitors safe during bushfires and other critical events,” Mr. Danforth added.  “NEWS’ advanced, container-based architecture is built to support this next-generation emergency warning system and future requirements, including 5G.”Genasys NEWS can be deployed directly on mobile carrier networks across SMS and CBC channels to send alerts and information to anyone, anywhere. Messages are delivered and managed through the Genasys web command console or mobile app. Dynamic maps, traffic information, weather forecasts, and sensors for fires, flooding, landslides, earthquakes and other IoT capabilities can be integrated into the app command console. The powerful geo-location capabilities of NEWS empower emergency management officials to send hyper-specific instructions to people at risk and monitor shelter-in-place compliance and evacuation progress. For more information, go to: Genasys NEWS.About Genasys Inc.
Genasys™ is a global provider of critical communications solutions to help keep people safe. 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 National Emergency Warning System (NEWS), Genasys Emergency Management (GEM), Genasys Workforce Management (GWM), LRAD® systems and more.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 without limitation the failure of the proposed Amika Mobile transaction to close on the expected timeline or at all; the effect of the Amika Mobile announcement of the transaction on customer relationships and operating results; the ability to meet all closing conditions to the Amika Mobile transaction; and the business impact of health crises or outbreaks of disease, such as epidemics or 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.
ir@genasys.com

Media Contact
Phillip Bergman
Viewstream
pbergman@viewstream.com

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