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LSI Industries Expands Its Controls Offering With the Launch of the Gold Wireless Lighting Control System

CINCINNATI, Dec. 02, 2015 (GLOBE NEWSWIRE) -- LSI Industries Inc. (NASDAQ:LYTS) today announced the launch of the Gold Wireless Lighting Control System utilizing LSI's patented wireless mesh network technology. The new Gold system complements LSI’s popular Platinum wireless control system by providing a solution for smaller commercial applications, such as parking lots and garages. The system's capabilities include automating light environments for maximum efficiency using smart schedules, motion sensing, and ambient light detection, all of which can be controlled from a desktop computer. With the introduction of the new Gold Wireless Exterior Control System, LSI Industries extends its position as one of the leaders in the smart exterior lighting market.

LSI Industries has already made a significant investment in lighting control products and systems, and plans to continue this investment going forward. Modern energy codes now mandate aggressive lighting control standards, and reduction of power consumption after business hours is becoming a necessity. Over the last year, LSI Industries has introduced a number of lighting control products including Wall Dimmers, Occupancy Sensors, and Relay Panels. Additionally, it has begun to factory install certain control products into its lighting fixtures. These product additions have strengthened LSI’s control portfolio that began with its acquisition of Virticus and its patented Platinum Wireless Mesh Network System in 2012.

John Bagwell, President, Technology, commented, "Our new Gold control offering incorporates the necessary features required to deliver a complete system that meets building energy code requirements for lighting control. It further delivers this functionally without the need for costly commissioning and support services. Gold controllers can operate virtually any light source and can be factory installed inside many of LSI Lighting's outdoor fixtures.”

Mr. Bagwell went on to comment, "The Gold system provides the same benefits as the Platinum System including lower operating cost, optimized lighting quality, and enhanced safety and security, but in a simpler format that allows contractors to commission the system without on-site factory support. The entire commissioning process typically will take less than 30 minutes. While some users require the added functionality and reporting options that our Platinum system performs, for many smaller applications users simply need a system that they can install and forget. I am pleased to state that the Gold system meets those users’ needs."

"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, the results of asset impairment assessments, the Company’s ability to maintain an effective system of internal control over financial reporting, our ability to remediate any material weaknesses in our internal control over financial reporting and any other risk factors that are identified herein. 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

We are a customer-centric company that positions itself as a value-added, trusted partner in developing superior image solutions through our world-class lighting, graphics, and technology capabilities. Our core strategy of "Lighting + Graphics + Technology = Complete Image Solutions" differentiates us from our competitors.

We are committed to advancing solid-state LED technology to make affordable, high performance, energy-efficient lighting and custom graphic products that bring value to our customers. We have a vast offering of innovative solutions for virtually any lighting or graphics application. In addition, we provide sophisticated lighting and energy management control solutions to help customers manage their energy performance. Further, we provide a full range of design support, engineering, installation and project management services to our customers.

We are a vertically integrated U.S.-based manufacturer concentrating on serving customers in North America and Latin America. Our major markets include commercial / industrial lighting, petroleum / convenience store and multi-site retail (including automobile dealerships, restaurants and national retail accounts). Headquartered in Cincinnati, Ohio, LSI has facilities in Ohio, Kansas, Kentucky, New York, North Carolina, Oregon, Rhode Island and Texas. The Company’s common shares are traded on the NASDAQ Global Select Market under the symbol LYTS.

For further information, contact Dennis Wells, Chief Executive Officer and President, 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: DENNIS W. WELLS (513) 793-3200

Source:LSI Industries Inc.