Genasys Inc. announced that it has completed a deliberate reconstitution of its Board of Directors with the appointment of Mark Culhane. Chaired by Rick Osgood, the current Board consists of five outside, independent directors and the Company's CEO, Richard Danforth. Mr. Culhane takes over the vacant Audit Committee Chair position, leveraging more than 30 years of executive finance experience in both public and private companies.

Concurrent with Mr. Culhane's addition, existing board member, Caltha Seymour has resigned her position. After working with Price Waterhouse for 10 years, Mark Culhane served as the Chief Financial Officer (CFO) of numerous public and private companies, including Teradata Corporation, Lithium Technologies, DemandTec, iManage, and SciClone pharmaceuticals. Mark also brings extensive board experience having served as Audit Committee Chair for CallidusCloud and UserZoom as well as board advisory roles for several private companies such as Everwise, Feedzai, and Lastline among others.

At this time, Mark?s only professional engagement is with Genasys. Genasys' Board of Directors now consists of outside directors Rick Osgood (Chairman), Mark Culhane (Audit Committee Chair), Susan Lee Schmeiser (Director), Senator Bill Dodd (Director) and Craig Fugate (Director). Richard Danforth (CEO and Director) is the sole executive director on the Board.

Each of the Company's Board members brings specific and differentiated expertise to the Company. Rick's breadth of experience and relationships as a co-founder and CEO of investment banks has consistently provided a reasoned perspective in guiding the Board and the Company. As stated in the May 14th press release, Craig's experience with Florida Department of Emergency Management and FEMA, combined with Bill's history as both a small business owner and California state senator, is expected to help the Company accelerate its activity and success with State, Local, and Education (SLED) customers.

Susan's experience in digital marketing has been instrumental in expanding and improving the Company's marketing and strategic positioning. Finally, Mark's vast financial experience with companies big and small spanning multiple sectors of technology is expected to bring added insight and support to the Company's financial processes and controls as Genasys continues to grow and diversify its revenue streams.