Genasys Inc. secures software services contract from Spain

SAN DIEGO, February 17, 2021 (GLOBE NEWSWIRE) – Genasys Inc. (NASDAQ: GNSS), the global leader in mission-critical communications systems and solutions, today announced a four-year contract to provide software services to the Spanish ministry of the Interior (MOI), a government department responsible for public security, national security, law enforcement, immigration and civil protection.

“This is an important contract which we hope will facilitate software sales in Spain and the European Union (EU),” said Richard S. Danforth, CEO of Genasys Inc. “Although ” it is not part of the European Code of Electronic Communications (EECC) Article 110, the addition of the MOI contract strengthens Genasys’ position in responding to requests for proposals for recent and expected EU initiatives from Member States and mobile telecommunications providers.

The EECC Article 110 initiative currently orders all EU countries to implement a public alerting system that provides location-based emergency communications to all mobile phones through every network of mobile operators in each Member State by June 2022.

“Genasys NEWS is deployed directly to mobile operator networks via SMS and cell broadcast channels to send alerts and information to anyone, anywhere,” added Danforth. “Using Genasys proprietary geo-redundant processing and industry-leading speed, throughput and accuracy, NEWS is unmatched in locating and delivering critical communications to people and populations affected by disasters and other crisis situations. ”

Click on Genasys NEWS for more information.

About Genasys Inc.

Genasys is a global provider of communications systems and solutions essential to ensuring the safety of people. Genasys offers 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 Genasys Emergency Management Applications (GEM), National Emergency Alert Systems (NEWS), LRAD® long range voice broadcasting systems and more.

Genasys systems are in service in 72 countries in a range of diverse applications including public safety, emergency alerting, mass notification, critical event management, defense, law enforcement, internal security and many others. 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 particular 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, expected future developments and other factors as we deem appropriate under the circumstances. These statements involve risks and uncertainties which could cause actual results to differ materially from those suggested in forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to, the business impact of health crises or epidemics, such as epidemics or pandemics, and others. risks and uncertainties, many of which involve factors or circumstances which are beyond the control of the Company. Risks and uncertainties are identified and discussed in our documents filed 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 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, 2020. Genasys Inc. disclaims any intention or obligation to update date such forward-looking statements, unless otherwise indicated.


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