SAN DIEGO, Nov. 15, 2021 (GLOBE NEWSWIRE) — Genasys, the global leader in critical communications systems and solutions that help protect and keep people safe, announced that effective November 11, 2021, Daniel H. McCollum resigned from the Board of Directors and all Board committees on which he serves, and joined the Company’s Strategic Advisory Board.
“Dan’s contributions to Genasys and the Board have been significant and impactful,” said Richard S. Danforth, Chief Executive Officer of Genasys Inc. “Since Dan joined the Board in 2016, the first three acquisitions in the Company’s history were made, three critical communications software solutions launched (Genasys Emergency Management (GEM), National Emergency Warning Systems (NEWS), and Zonehaven), revenue grew at a double digit CAGR, and the share price increased more than 225%.
“The addition of Dan and General Coburn to the Advisory Board further augments the extensive industry knowledge and experience we will continue to utilize in growing revenue and enhancing shareholder value,” added Mr. Danforth.
“Over the last six years, the Board hired a new management team and worked with management to increase acoustic hailing device revenue, identify and vet software acquisition candidates, and successfully compete in the large and growing mass notification, public safety, and critical event communications markets,” said Mr. McCollum. “I look forward to working with the Advisory Board and management on continuing to grow the Company’s business opportunities, markets and revenue.”
About Genasys Inc.
Genasys™ is a global provider of critical communications systems and solutions that help protect and keep people safe. Genasys provides a multichannel approach to deliver geo-targeted alerts, notifications, instructions and information before, during and after public safety threats and critical business events. The Company’s unified critical communications platform includes Genasys Emergency Management (GEM) software-as-a-service, Integrated Mass Notification Systems (IMNS), Zonehaven™ emergency evacuation resources, National Emergency Warning Systems (NEWS), LRAD® long-range voice broadcast systems, and more.
Genasys systems are in service in more than 100 countries in a range of diverse applications, including public safety, emergency warning, mass notification, critical event management, defense, law enforcement, homeland security, and other applications. For more information, visit genasys.com.