CINCINNATI, March 11, 2013 (GLOBE NEWSWIRE) -- LSI Industries Inc. (Nasdaq:LYTS) announced today that the Company was chosen to supply a new state-of-the-art LED video board at Fountain Square in Cincinnati. Fifth Third Bank and the Cincinnati Center City Development Corporation joined forces to purchase the board, replacing the original LED board that was installed in 2006. Installation is set to begin on Monday, March 18, 2013 and is expected to take two weeks.
The new display will provide better viewing angles and crisper image quality on a screen similar to the size of the one currently being used in the space. The difference will be that sponsor panels along the bottom of the current board will be replaced with more video screen space.
"We are very excited to be working with 3CDC and Fifth Third to bring our latest generation of technology to the square," Scott Ready, LSI Industries President, said in a statement. "The local connection between the companies involved in this project highlights the great work going on in this region."
The video board will be used by 3CDC to broadcast event graphics and live feeds during events on the Square as well as to show Reds and Bengals games and promote other nonprofit events and productions around downtown. As part of its sponsorship agreement, Fifth Third will help create high-definition video content for the display.
"Fifth Third Bank was a mere 13 years old when the Tyler Davidson Fountain was dedicated in 1871," Mike Michael, president and CEO of Fifth Third Bank, Greater Cincinnati, said in a statement. "Today, Fountain Square has become the heart of our city, an epicenter of civic, social, and commercial life and the front yard of Fifth Third's headquarters. We're proud to be partnering with 3CDC to present a modern, state-of-the-art LED screen and high-definition viewing experience for those who live, work and visit our home town."
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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. We are a vertically integrated manufacturer who combines integrated technology, design and manufacturing to produce the most efficient, high quality products possible. Everything we build is done right here in one of our US plants.
We are committed to advancing solid-state 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 can provide sophisticated lighting and energy management control solutions to help customers manage their energy performance. Further, we can provide design support, engineering, installation and project management for custom graphics rollout programs for today's retail environment.
LSI is 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.
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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
Source:LSI Industries Inc.