LSI Industries Inc. (Nasdaq:LYTS)
today introduced the LED XLPG, a new LED linear
parking garage fixture. Specially designed to meet the needs of the
parking garage space, LSI's XLPG is purpose built to deliver
optimum performance using significantly less energy as compared to
traditional light sources. Energy-efficient LEDs combined with
uniquely designed precision optics optimize light output for
uniform illumination without any 'cave effect' or glare. Further,
the XLPG has a number of features to ensure easy installation and
virtually no maintenance, making it an affordable value and the LED
solution of choice for new construction and retrofit parking garage
applications.
Scott Ready, President, commented, "I am very excited to
introduce this innovative LED parking garage fixture. The XLPG
provides outstanding uniformity and "seeability" with virtually no
glare or diode visibility. It has been constructed to withstand
weather elements and vandalism, and requires up to 57% less energy
when compared to traditional light sources. The fixture is
available in a range of color temperatures, and is also designed to
meet IES RP-20 and IES G-1 specifications. Additionally, the
fixture utilizes controls such as occupancy sensors and dimming to
further improve energy savings."
Mr. Ready said, "The XLPG LED linear parking garage fixture
represents the fourth major LED product introduction that we have
announced over the past several months. Our Scottsdale® Legacy™ and
Legacy™ LED canopy lights are already transforming the petroleum
market with their superior performance, energy efficiency and
attractive design, while our Sterling™ area light has provided the
market with a light source that provides optimal performance and
flexibility, including optional LSI Virticus integrated wireless
control and information systems. Both our new canopy and area
lighting solutions have already received great reception in the
marketplace, exceeding our initial expectations. We are confident
that the LED XLPG fixture, with its combination of optimum
performance and energy efficiency, will be received as an
attractive new product for parking garage lighting."
Mr. Ready continued, "We continue to experience strong lighting
and graphics operating results during the first quarter-to-date,
and look forward to reporting substantially higher sales and
earnings during the current fiscal year."
"Safe Harbor" Statement under the Private Securities
Litigation Reform Act of 1995
This document contains certain forward-looking statements that
are subject to numerous assumptions, risks or uncertainties. The
Private Securities Litigation Reform Act of 1995 provides a safe
harbor for forward-looking statements. Forward-looking statements
may be identified by words such as "estimates," "anticipates,"
"projects," "plans," "expects," "intends," "believes," "seeks,"
"may," "will," "should" or the negative versions of those words and
similar expressions, and by the context in which they are used.
Such statements, whether expressed or implied, are based upon
current expectations of the Company and speak only as of the date
made. Actual results could differ materially from those contained
in or implied by such forward-looking statements as a result of a
variety of risks and uncertainties over which the Company may have
no control. These risks and uncertainties include, but are not
limited to, the impact of competitive products and services,
product demand and market acceptance risks, potential costs
associated with litigation and regulatory compliance, reliance on
key customers, financial difficulties experienced by customers, the
cyclical and seasonal nature of our business, the adequacy of
reserves and allowances for doubtful accounts, fluctuations in
operating results or costs whether as a result of uncertainties
inherent in tax and accounting matters or otherwise, unexpected
difficulties in integrating acquired businesses, the ability to
retain key employees of acquired businesses, unfavorable economic
and market conditions, and the results of asset impairment
assessments. You are cautioned to not place undue reliance on
these forward-looking statements. In addition to the factors
described in this paragraph, the risk factors identified in our
Form 10-K and other filings the Company may make with the SEC
constitute risks and uncertainties that may affect the financial
performance of the Company and are incorporated herein by
reference. The Company does not undertake and hereby disclaims
any duty to update any forward-looking statements to reflect
subsequent events or circumstances.
About the Company
Leadership. Strength. Innovation. Those are the
key values behind the smart vision upon which LSI Industries Inc.
was founded when established in 1976. Today LSI demonstrates
this in our dedication to advancing technology throughout all
aspects of our business – in both product solutions and production
techniques. We are committed to American innovation through
technology.
We are a vertically integrated manufacturer who combines
assimilated technology, design and manufacturing to produce the
most efficient, high quality products possible. We are
dedicated to advancing solid-state technology to make affordable,
high performance, energy efficient lighting and custom graphic
products that bring value to our customers. In addition, we
can provide sophisticated lighting and energy management control
solutions to help customers manage their energy
performance. Further, we offer design support, engineering,
installation and project management for custom graphics rollout
programs for today's retail environment.
LSI is proud to be an American company with an American work
force, building an American product. We are a U.S.
manufacturer with marketing / sales efforts throughout the world
with concentration currently on North America, Latin America,
Australia, New Zealand, Asia, Europe and the Middle East. Our
major markets include the commercial / industrial lighting,
petroleum / convenience store, multi-site retail (including
automobile dealerships, restaurants and national retail accounts),
sports and entertainment markets. Headquartered in Cincinnati,
Ohio, LSI has facilities in Ohio, Kansas, Kentucky, New York, North
Carolina, Oregon, Rhode Island, Texas and Montreal,
Canada. The Company's common shares are traded on the NASDAQ
Global Select Market under the symbol LYTS.
As we redefine LSI Industries' place in the markets we serve, we
will emphasize our commitment to preserving the foundation of a
well-managed, financially strong and creatively unique company with
even stronger emphasis on a growing technology base. Through
the Leadership, Strength and Innovation that is core to our
culture, we move forward continuing our transition to a
technology-reliant company with lighting and graphics and the
ability to provide the stronger performance our many partners
expect.
For further information, contact either Bob
Ready, Chief Executive Officer, or Ron Stowell, Vice President,
Chief Financial Officer, and Treasurer at (513) 793-3200.
Additional note: Today's news release, along
with past releases from LSI Industries, is available on the
Company's internet site at www.lsi-industries.com or by email or
fax, by calling the Investor Relations Department at (513)
793-3200.
CONTACT: BOB READY OR
RON STOWELL
(513) 793-3200
LSI Industries (NASDAQ:LYTS)
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부터 6월(6) 2024 으로 7월(7) 2024
LSI Industries (NASDAQ:LYTS)
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부터 7월(7) 2023 으로 7월(7) 2024