Genasys Inc. Announces Multi-Year Enterprise Software Services Agreement with Global Automotive Manufacturer

Genasys inc.

SAN DIEGO, Sept. 27, 2022 (GLOBE NEWSWIRE) — Genasys Inc.. (N / ASDQA: GPS), the global leader in critical unified communications systems and solutions that help keep people safe, today announced a Genasys Emergency Management (GEM) software as a service (SaaS) contract with the North American group of a global car manufacturer, the Company’s second customer in the automotive sector. The Company’s enterprise software services replace a competitor’s system.

“The GEM software will facilitate the delivery of life safety alerts and other critical event notifications to automaker employees in the United States, Canada and Mexico,” said Richard Danforth, CEO of Genasys Inc. “GEM will provide best-in-class capabilities under the multi-year SaaS agreement, including a custom staff mobile app with tracking, automated weather warnings, enterprise-level surveys, reports and analytics, as well as FEMA IPAWS monitoring for local situational awareness.

“This is the second global automaker to select GEM to better protect its domestic and international workforce,” Mr. Danforth continued, “With real-time situational awareness in a single dashboard that includes duress buttons, field recordings and recipient locations, GEM helps keep people safe and businesses working.

Easily integrated with active directories, human resources, visitor management, and building control systems, GEM enables enterprise customers to protect workers, traveling employees, contractors, and visitors. GEM provides emergency notifications through voice calls, text messages, emails, office alerts, social media and other channels to ensure critical communications are received before, during and after crisis situations. By adding a powerful and intuitive orchestration and management layer on top of existing physical and digital infrastructure, GEM extends the clarity, reach and reach of mission-critical communications.

About Genasys Inc.

Genasys® is a global provider of mission-critical communications systems and solutions. Genasys’ unified multi-channel platform enables governments, businesses and organizations to deliver real-time geo-targeted alerts, notifications and information before, during and after public safety and corporate threats.

The company’s unified hardware and software platform includes Genasys Emergency Management (GEM), Zonehaven® emergency evacuation resources, National Emergency Warning System (NEWS), Integrated Mass Notification System (IMNS) and LRAD® long range communication systems.

Genasys’ critical communications platform helps protect millions of people in over 100 countries. For more information, visit genasys.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 such statements. We base these statements on specific assumptions made by us in light of our experience in the industry, stage of product and market development as well as our perception of historical trends, current market conditions, economic data current events, expected future developments and other factors we believe are appropriate in 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 business impact of health crises or epidemics, such as epidemics or pandemics and how they may affect our supply chain; and other risks and uncertainties, many of which involve factors or circumstances beyond the Company’s control. The risks and uncertainties are identified and discussed in our filings with the Securities and Exchange Commission. These forward-looking statements are based on management’s information and expectations as of the date hereof. Future results may differ materially from our current expectations. For additional 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, 2021. Genasys Inc. disclaims any intention or obligation to updates these forward-looking statements, unless otherwise stated.

CONTACT: Investor Relations Contact Kimberly Rogers Hayden IR [email protected]

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