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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
FOR IMMEDIATE RELEASE RECORD FISCAL Q1 REVENUES LRAD® Sales Drive Fiscal Q1 2010 Revenues Over $5.0 Million SAN DIEGO, CA, January 7, 2010 - American Technology Corporation (ATC) (NASDAQ: ATCO), the innovator and distributor of the Long Range Acoustic Device™ (LRAD®) product line, announced today that it will report record fiscal Q1 revenues of over $5.0 million for the quarter ended December 31, 2009 (fiscal Q1 2010). With continuing LRAD sales growth, ATC expects to report a fourth consecutive year of record LRAD revenues and a third consecutive year of record Company revenues for the fiscal year ending September 30, 2010. "We're off to a solid start in fiscal 2010, building on our record fiscal year 2009 results through growing orders from the U.S. Army," remarked Tom Brown, president and CEO of American Technology. "We're also seeing increasing interest in our expanded line of proprietary LRAD systems for military, maritime security, law enforcement, and wildlife preservation and control applications." "With piracy and terrorist activity continuing to escalate in 2010, LRAD is positioned as an essential element of a layered defense strategy for domestic and international military, law enforcement and maritime security forces," added Brown. Brown concluded, "LRAD is increasingly recognized as the global standard in acoustic hailing devices and we are working business initiatives expected to strengthen our leadership position and create greater market awareness for LRAD and ATC." About American Technology Corporation American Technology Corporation is providing directed audio solutions that place clear, highly intelligible sound exactly where needed. ATC's Long Range Acoustic Device™ (LRAD®) and other directed sound technologies comprise the core of an expanding portfolio of products being used around the world in diverse applications including, global military deployments, maritime security, critical infrastructure and commercial security, border and port security, law enforcement and emergency responder communications, and wildlife preservation and control. For more information about ATC and its directed sound products, please visit the company's web site at www.atcsd.com. Safe Harbor statement under the Private Securities Litigation Reform Act of 1995:
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
FOR FURTHER INFORMATION CONTACT:
Robert Putnam
Investor Relations
(858) 676-0519
robert@atcsd.com
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