The MAWD does not report battery voltage. Your long tone could mean low battery voltage. Try it with a new battery.
Every now and then, PerfectFlite altimeters emit some goofy tones. I haven't figured out any consistency. Try jumpering the outputs and powering it up with a new battery and see if it still acts up or gives normal 3 beep sequence after all the power-up data. A continuous tone if the battery is good can indicate a problem.
The documentation for the MAWD and the data transfer program are available here:
http://perfectflite.com/Download.html
Getting the MAWD to chat with your computer can be a challenge at first. You have to do things in the correct order and picking the correct COM port has always been a challenge for me (of course, I'm a software guy.

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HTH, --Lance.