Genasys Inc. Announces New Emergency Management and Zonehaven Software Services Contracts
New SaaS Contracts to Cover Over 500,000 Residents, Students, Staff, and Faculty
SAN DIEGO, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions that help keep people safe, today announced multi-year Genasys Emergency Management (GEM) software-as-a-service (SaaS) contracts from Pinal County, Arizona and the Housing Authority of New Orleans, and a Zonehaven software contract from the University of California, Irvine (Cal Irvine).
"Pinal County, the first county in Arizona to deploy GEM, is replacing its incumbent emergency management software service provider to better safeguard residents during wildfires, flash floods, and other disasters," said Richard Danforth, Chief Executive Officer, Genasys Inc. "GEM will also be utilized by the Housing Authority of New Orleans to help keep thousands of residents informed and safe during severe weather, hurricanes, storm surges, and other critical events.
"The addition of Zonehaven evacuation resources further expands Cal Irvine's use of the Genasys software platform," added Mr. Danforth. "Two years ago, the university contracted with Genasys for campuswide FEMA IPAWS alert service. Earlier this year, the university entered into a multi-year GEM agreement that covers more than 30,000 students, staff, and faculty.
"As the only critical communications platform with essential evacuation and repopulation resources, Zonehaven is a valuable differentiator of Genasys' software services." Mr. Danforth continued, "GEM and Zonehaven are providing excellent cross-selling and upselling opportunities as we expand the use of our critical communications and public safety resources in North America and throughout the world. Genasys software and integrated mass notification systems are now helping to safeguard millions of people in 22 states and several countries."
GEM empowers governments and enterprises to better protect people with real-time safety alerts. GEM delivers emergency notifications through multiple channels, including voice calls, SMS, email, desktop alerts, social media, IPAWS, and other delivery systems, to help ensure critical communications are received before, during, and after crisis situations.
Zonehaven reduces evacuation time from hours to minutes by incorporating hyperlocal knowledge to model evolving disasters and the subsequent impact on evacuation zones, traffic patterns, and public safety. Zonehaven evacuation resources are used to support communications and evacuations across multiple jurisdictions during wildfires, flooding, debris flows, and other property and life-safety hazards.
About Genasys Inc.
Genasys® is a global provider of critical communications systems and solutions. Genasys' unified multichannel platform empowers governments and businesses to deliver real-time geo-targeted alerts, notifications, instructions, and information before, during, and after public safety and enterprise threats.
The Company’s unified software-as-a-service and hardware 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 systems are helping to protect millions of people in more than 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 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.
