Abstract: An electro-dynamic acoustic transducer has a pleated diaphragm in which an accordion-like alternating movement of the adjacent pleats is perpendicular to the radiation (acoustic) axis of the transducer. Front and rear pole plates cooperate to provide a magnetic field across the active area of the diaphragm. Each pole plate may be a “magnetic throat” constructed from a unitary casting of a ferrous magnetic material (such as an iron silicon alloy) having a number of apertures. In an exemplary embodiment, the open area at the rear of the pole plate may be approximately ⅓ the active area of the diaphragm, thereby providing a compression ratio of 3:1. The apertures are substantially uniformly distributed over the effective area of the diaphragm, to provide uniform acoustical coupling and prevent the occurrence of acoustical resonances and standing waves along the diaphragm's length.