Crystal Research Associates, LLC Issues Executive Informational Overview (EIO) on LRAD Corp.

NEW YORK, NY--(Marketwire - Feb 17, 2012) - Crystal Research Associates, LLC announced today that it has issued an Executive Informational Overview^® (EIO) on LRAD Corp. (NASDAQ: LRAD). The full 64-page report can be found at www.crystalra.com.

LRAD Corp. ("the Company") develops and markets acoustic hailing devices (AHD) that are designed to improve the delivery and intelligibility of audio broadcasts over long ranges. The Company's Long Range Acoustic Device^® (LRAD^®) technology uses advanced sound reproduction technologies and novel acoustic materials to broadcast authoritative and highly intelligible instructions, warnings, alarms, and other sounds over distances of several hundred feet up to five miles.

LRAD^® improves upon mobile public address systems, bullhorns, and megaphones by directing sound only where needed. Similar to a spotlight, which produces an intense beam of targeted light, each LRAD^® system delivers a focused, directional audio broadcast. The beam width, frequency range, and maximum continuous output of LRAD^® devices can be adjusted to target small groups or large crowds at various ranges.

LRAD Corp.'s versatile product portfolio has a broad range of applications, including public safety/law enforcement, commercial security, military, and wildlife and asset protection.

Be the first to hear about Crystal Research's new report releases and upcoming media coverage. Follow us on Twitter at http://twitter.com/crystalresearch or visit http://crystalra.com/blog/ to stay up-to-date on industry and company news for clients under our research coverage.

About Crystal Research Associates, LLC

Crystal Research Associates, LLC is an independent research firm that provides institutional-quality research on small- and mid-cap companies. The firm is led by veteran Wall Street sell-side analyst Jeffrey Kraws, who is well known by the international financial media for his years of work on Wall Street and for providing consistent award-winning analyses and developing long-term relationships on both the buy-side and sell-side. He has been consistently ranked on Wall Street among the Top Ten Analysts for pharmaceutical stock performance in the world for almost two decades as well as ranked as the Number One Stock Picker in the world for pharmaceuticals by Starmine and for estimates from Zacks. Additionally, Mr. Kraws has been 5-Star Ranked for top biotechnology stock performance by Starmine.

Crystal Research Associates' unique and novel product, the Executive Informational Overview^® (EIO), is free of investment ratings, target prices, and forward-looking financial models. The EIO presents a crystal clear, detailed report on a company (public or private) in a manner that is easily understood by the Wall Street financial community. The EIO details a company's product/technology/service offerings, market size(s), key intellectual property, leadership, growth strategy, competition, risks, financial statements, key events, and other such fundamental information. Crystal Research Associates has offices in New York City, West Palm Beach, Montréal, and Toronto. Crystal Research Associates has been compensated in cash of forty thousand dollars for its services in creating this report, for updates, and for printing costs.

Forward-Looking Safe Harbor Statement

Statements in this news release regarding future financial and operating results, potential applications of the Company's technology, opportunities for the Company, and any other statements about the future expectations, beliefs, goals, plans, or prospects expressed constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words "will," "believes," "plans," "anticipates," "expects," "estimates," and similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including limited operating history, need for future capital, and economic conditions generally. Additional information on potential factors that could affect results and other risks and uncertainties are detailed from time to time in the Company's periodic reports, including forms filed with the SEC.

These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties. Crystal Research Associates assumes no obligation to update any of the forward-looking statements in this release.