Key Developments For American Technology Corp
American Technology Corp (ATCO.O) (Consolidated Issue listed on NASDAQ Capital Market)
M/V Maersk Alabama Deploys American Technology Corp.'s LRAD Successfully Deterring Pirate Attack Off the Coast Of Somalia
American Technology Corp. announced that the M/V Maersk Alabama deployed its complement of LRAD-X acoustic hailing devices (AHDs) in concert with other defensive measures to successfully deter a pirate attack off the northeast coast of Somalia. LRADs are currently deployed in a variety of government, military and commercial applications around the world, including installations on international naval vessels, maritime shipping lines and luxury cruise ships.
American Technology Corp. Announces $1.6 Million Follow On LRAD Order From U.S. Army Reserves
American Technology Corp. announced that it has received a follow on LRAD 500X order totaling approximately $1.6 million from the U.S. Army Reserves. The LRAD 500X can be mounted on a variety of military vehicles including the HMMWV, LMTV, FMTV and MRAP, providing soldiers the critical capability of clearly broadcasting information, instructions and warnings to distances in excess of 2,000 meters from within their vehicles.
American Technology Corp. Receives LRAD Order From China for National Law Enforcement
American Technology Corp. announced that it has received a new LRAD order from China to support its national law enforcement agencies. The $620,000 order was facilitated through Trans Tech International, the Company's representative in China.
American Technology Corp. Receives $1.6 Million In New LRAD Orders From U.S. Army Reserves And U.S. Navy
American Technology Corp. announced that it has received approximately $1.6 million in new LRAD acoustic hailing device (AHD) orders from the U.S. Military. The orders include an initial LRAD 500X order from the U.S. Army Reserves and the Company's first LRAD 300X order from the U.S. Navy. The orders are scheduled to ship this quarter.
American Technology Corp. Issues FY 2009 Revenue Outlook
American Technology Corp. announced that for fiscal 2009, it expects to report record revenues of over $15.5 million. According to Reuters Estimates, analysts were expecting the Company to report revenues of $17.3 million for the same period.
