Genasys Announces Director Resignation Due to New Employment Requirements

Core Insights - Genasys Inc. announced the resignation of Scott Anchin from its Board of Directors effective May 31, 2024, due to a new employment agreement with a multinational investment firm [1] - Anchin reflected on his 8 years with Genasys, highlighting the company's evolution from focusing solely on LRADs to developing a SaaS platform and acquiring four companies, positioning the company for significant growth [2] - Genasys has engaged Egon Zehnder to assist in identifying candidates to replace Anchin on the Board [2] Company Overview - Genasys Inc. is a leader in Protective Communications Solutions, providing the Genasys Protect platform and Long Range Acoustic Devices (LRAD) for public safety and emergency management [3] - The company serves various sectors including state and local governments, education, and critical industries such as oil and gas, utilities, and manufacturing, covering over 70 million people in more than 100 countries [3] - Genasys' solutions are utilized for emergency warnings, critical event management, and real-time threat detection, contributing to public safety for over 40 years [3]