CINCINNATI, Nov. 14, 2013 (GLOBE NEWSWIRE) -- LSI Industries Inc. (Nasdaq:LYTS) today announced that it has been defined by Phillips 66, owner of the Phillips 66, Conoco and 76 brands, as the provider of the lighting and graphics elements of their newly established Brand Image Central (BIC) program. The BIC mechanism allows station operators to shop for all image related products through a single point of contact and expect this service will expedite the brand conversion process. More information can be found in a November 7, 2013 trade press release from Phillips 66 titled, "Phillips 66 Establishes Brand Image Central Program."
Scott Ready, President of LSI Industries, stated, "We are proud to have been selected by Phillips 66 for this important national program. We look forward to bringing our long-established history and extensive capabilities, including our industry leading solid-state LED lighting and graphics products, to the imaging effort."
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995This 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.
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