The U.S. Navy is one customer for LRAD’s model 1000X, which measures more than 3 feet high, weighs 75 pounds and can project voice or warning tones more than 3 kilometers. LRAD reported increased revenue and net income during fiscal 2011.

The U.S. Navy is one customer for LRAD’s model 1000X, which measures more than 3 feet high, weighs 75 pounds and can project voice or warning tones more than 3 kilometers. LRAD reported increased revenue and net income during fiscal 2011.

LRAD CORP.

CEO: Tom Brown.

Revenue: $26.5 million in fiscal 2011; $16.7 million in fiscal 2010.

Net income: $5.0 million in fiscal 2011; $3.0 million in fiscal 2010.

No. of local employees: 35.

Headquarters: Carmel Mountain Ranch.

Year founded: 1980.

Stock symbol and exchange: LRAD on Nasdaq.

Company description: Producer of targeted, high-volume acoustic hailing devices.

Key factors for success: Finding new markets for the product, continuous improvement of the product.

— LRAD Corp...

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