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Genasys Inc. Awarded $1.97 Million Public Safety Mass Notification and Emergency Warning Systems Contract from The City of Berkeley, CA

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Genasys Inc. (NASDAQ: GNSS) has secured a $1.97 million contract from the City of Berkeley, CA, for public safety mass notification and emergency warning systems. This contract enhances safety through integrated software and hardware solutions, including Integrated Mass Notification Systems (IMNS) and Zonehaven evacuation software. The project aims to deliver critical alerts to over 125,000 citizens, ensuring reliable communication during emergencies, even if power or telecommunications fail. This contract underscores Genasys’s commitment to public safety across various applications.

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  • Secured a $1.97 million contract with the City of Berkeley for emergency systems.
  • Contract includes installation of Integrated Mass Notification Systems (IMNS) for improved public safety.
  • Supports communication during emergencies for over 125,000 citizens.
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  • None.

Genasys® Integrated Mass Notification Systems Network and Zonehaven™ Evacuation Software Services Added to City's Emergency Services Resources

SAN DIEGO, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions that help protect and keep people safe, today announced a $1.97 million public safety mass notification and emergency warning systems contract from the City of Berkeley, CA. Last year, Alameda County, CA, in which Berkeley is located, entered into a multi-year software services and evacuation management contract with Genasys' Zonehaven.

"Berkeley and other communities are enhancing safety for residents and visitors by implementing fully integrated software and hardware emergency alerting and evacuation solutions," said Richard Danforth, Chief Executive Officer, Genasys Inc. "The award from the city includes installing a network of our outdoor Integrated Mass Notification Systems (IMNS) that broadcast audible voice notifications with exceptional clarity and area coverage.

"In addition to satellite connectivity, solar power and battery backup, the IMNS installations will be activated and controlled as a network, or individually, with Genasys Emergency Management (GEM) software," added Mr. Danforth. "Annual recurring software and system maintenance fees are also included in the multi-year contract."

"The Genasys network will deliver city-wide or hyperlocal fire, flooding, tsunami, earthquake, and other public safety threat alerts to our 125,000+ citizens," said Keith May, Assistant Fire Chief and Public Information Officer, Berkeley Fire Department. "IPAWS compatibility, remote activation and control, and the ability to continue operating in the event power or telecommunications infrastructure goes down are among the advantages of the Genasys system. Genasys speaker arrays and the Zonehaven evacuation management platform are important additions to the City's emergency services resources."

Genasys provides the only critical communications platform that unifies software, geo-data analytics, multiple sensor inputs, and multichannel alerting that includes industry leading voice speaker arrays.

About Genasys Inc.

Genasys® is a global provider of critical communications systems and solutions that help protect and keep people safe. Genasys provides a multichannel 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 (GEM) software-as-a-service, Integrated Mass Notification Systems (IMNS), Zonehaven™ emergency evacuation resources, National Emergency Warning Systems (NEWS), LRAD® long-range voice broadcast systems, and more.

Genasys systems are in service in more than 100 countries in a range of diverse applications, including public safety, emergency warning, mass notification, critical event management, defense, law enforcement, homeland security, and other applications. 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 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 business impact of health crises or outbreaks of disease, 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 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, 2021. Genasys Inc. disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.


FAQ

What is the significance of the $1.97 million contract awarded to Genasys by Berkeley?

The contract enhances Berkeley's emergency alert systems, providing integrated mass notification solutions to improve public safety.

How will the Genasys systems benefit Berkeley citizens?

The systems will deliver city-wide emergency alerts and are designed to operate even if power or telecommunications fail.

What technology does Genasys employ for mass notifications?

Genasys uses Integrated Mass Notification Systems (IMNS) along with Zonehaven evacuation software to provide clear and reliable alerts.

When was the contract with the City of Berkeley announced?

The contract was announced on January 19, 2022.

What is the stock symbol for Genasys?

The stock symbol for Genasys is GNSS.

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