LSI Industries Inc. Introduces Expanded LED Offering to Retail Petroleum and Convenience Store Markets
16 10월 2013 - 11:05PM
LSI Industries Inc. (Nasdaq:LYTS) continued to
demonstrate its solid-state LED lighting leadership position in the
retail petroleum and convenience store markets at the National
Association of Convenience Stores (NACS) convention and show, which
was held this week in Atlanta. LSI unveiled its newest additions to
the Legacy™ solid-state LED canopy lighting product line, including
a fixture that specifically addresses the needs of double deck
canopy structures. A choice of three mounting alternatives
addresses both domestic and international markets.
These new products complement LSI's previously introduced
innovative Legacy™ LED canopy lighting fixture product line,
featuring the Scottsdale® Legacy™ LED canopy lighting solution.
Additionally, LSI introduced a number of new LED fixtures for
interior applications that are ideally suited to the convenience
store market. The Sterling™ and AeroMax™ outdoor area lights were
also showcased at the convention.
Scott Ready, President, commented, "Our new LED products were
well-received at the NACS show. The market excitement for these
products continues to grow and is having a very positive impact on
our overall sales and business activity in both our domestic and
international petroleum markets."
Mr. Ready continued, "A recently won project from an important
international petroleum market customer was based on the
performance and value offered by our Legacy™ product line and
related area light products. This project consists of upgrading
over 250 facilities located in more than 11 countries over a 6 to
12 month period."
Mr. Ready went on to say, "Fiscal 2014 is off to a strong start
and the momentum continues to build. Our lines of solid-state LED
products continue to lead the way in this transformative period for
the lighting industry."
"Safe Harbor" Statement under the Private Securities
Litigation Reform Act of 1995
This document contains certain forward-looking statements that
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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.
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
Chief Executive Officer
or
Ron Stowell
Vice President, Chief Financial Officer,
and Treasurer
(513) 793-3200
LSI Industries (NASDAQ:LYTS)
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LSI Industries (NASDAQ:LYTS)
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