Genasys Announces Expansion of Its Board of Directors
14 Maio 2024 - 5:14PM
Genasys Inc. (NASDAQ: GNSS), the global leader in protective
communications, today announced that both Bill Dodd, and Craig
Fugate have been nominated to and have accepted positions on
Genasys' Board of Directors. The addition of Mr. Dodd and Mr.
Fugate bolsters Genasys' leadership team with unique expertise in
emergency management and public sector procurement processes.
Senator Dodd brings more than 20 years of state and local
government experience. Starting out as a small business owner,
Senator Dodd began his public service with 15 years on the Napa
County Board of Supervisors, eventually progressing to the state
Assembly in 2014 and ultimately serving two four-year terms in the
California State Senate. As Senator Dodd finishes his second term,
he Chairs the Government Organization Committee, and is a member of
the Transportation Committee, Energy Utilities and Communications
Committee, the Business Professions Committee, and the Insurance
Committee.
"Serving the Northern California counties for over twenty years,
I am acutely aware of the numerous emergencies that local and
regional emergency managers must prepare for and manage. Genasys'
solutions have been instrumental in improving communication,
preparedness, and community safety with my constituents." said
Senator Dodd. "Moving on from public service, I look forward to
leveraging my experience to assist Genasys expand its reach and
grow its business not only in California, but throughout the
country."
Mr. Fugate was confirmed by the US Senate and began his service
as Administrator of the Federal Emergency Management Agency (FEMA)
in May 2009. Under his leadership, emergency management was
promoted as a community and shared responsibility. At Craig’s
direction, FEMA fostered resiliency, a community-oriented approach
to emergency management to build sustainable and resilient
communities. Before serving at the Federal level, Fugate
served as Director of the Florida Division of Emergency Management
(FDEM). During Mr. Fugate’s tenure, the FDEM program became the
first statewide emergency management program in the nation to
receive full accreditation from the Emergency Management
Accreditation Program. Craig began his emergency management career
as a volunteer firefighter, paramedic, and a Lieutenant with the
Alachua County Fire Rescue where he moved from exclusive fire
rescue operations to serving as the Emergency Manager for Alachua
County in Gainesville, Florida. He spent a decade in that role
until May 1997 when he was appointed Bureau Chief for Preparedness
and Response for FDEM.
"I know of no other company that provides both the hardware and
the software necessary to manage and communicate during an
emergency. " said Mr. Fugate. "I am excited to join the team and
extend the reach."
"The addition of Bill and Craig to our Board of Directors will
have a near immediate impact on our business," said Richard
Danforth, Chief Executive Officer for Genasys. "We look forward to
leveraging their profound experience and delivering for our
shareholders."
About Genasys Inc.
Genasys Inc. (NASDAQ: GNSS) is the global leader in Protective
Communications Solutions and Systems, designed around one premise:
ensuring organizations and public safety agencies are “Ready when
it matters™.” The company provides the Genasys Protect platform,
the most comprehensive portfolio of preparedness, response, and
analytics software and systems, as well as Genasys Long Range
Acoustic Devices (LRAD®) that deliver directed, audible voice
messages with intelligible vocal clarity from close range to 5,500
meters. Genasys serves state and local governmental agencies, and
education (SLED); enterprise organizations in critical sectors such
as oil and gas, utilities, manufacturing, and automotive; and
federal governments and the military. Genasys Protective
Communications Solutions have diverse applications, including
emergency warning and mass notification for public safety, critical
event management for enterprise companies, de-escalation for
defense and law enforcement, and automated detection of real-time
threats like active shooters and severe weather. Protecting people
and saving lives for over 40 years, Genasys covers more than 70
Million people in over 100 countries worldwide, including more than
500 U.S. cities, counties and states. 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 the
“safe harbor” provisions of the Private Securities Litigation
Reform Act of 1995. 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. Forward-looking
statements involve risks and uncertainties that could cause actual
results to differ materially from those suggested in any
forward-looking statement. The risks and uncertainties in these
forward-looking statements include without limitation the business
impact of geopolitical conflicts, epidemics or pandemics, and other
causes that 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, 2023. Genasys Inc.
disclaims any intent or obligation to publicly update or revise
forward-looking statements, except as otherwise specifically
stated.
Investor Relations Contact
Brian Alger, CFA
SVP, IR and Corporate Development
ir@genasys.com
(858) 676-0582
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