CINCINNATI, Feb. 26, 2013 (GLOBE NEWSWIRE) -- LSI Industries Inc. (Nasdaq:LYTS) announced today that the Company was honored to have its LED Patriot Wall Sconce (XPWS3) and LED Hyperion Bollard (XHYP3) fixtures recognized in the Fifth Annual Next Generation Luminaires™ (NGL) Design Competition. LSI's XPWS3 AND XHYP3 fixtures were two of the 37 products recognized out of an original 176 entries. The NGL was launched in 2008 "to promote excellence in the design of energy-efficient LED luminaires for general illumination in commercial lighting applications. The idea behind NGL is to make it easier for lighting designers and specifiers to find LED lighting products that are worthy of specification." It is sponsored by the U.S. Department of Energy (DOE), the Illuminating Engineering Society of North America, and the International Association of Lighting Designers. Featuring unique dual-beam optics with both symmetric (360°) and sidewalk (180°) options, the XHYP3 Bollard projects the right amount of light in the areas where you want to provide a seamless transition between transitional zones. It is available with built-in Doppler motion sensor, photocells, battery backup and vandal-resistant mounting. LSI's LED Patriot Wall Sconce delivers exceptional uniformity with full cutoff to create a brighter environment at lower light levels, making it ideal for entrance, egress and security lighting. Featuring a sleek die-cast aluminum housing, the XPWS3 is available with multiple reflector distributions, LED color temperatures, optical packages, and drive currents. Sensors in both the driver and optical unit provide intelligent thermal control. "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 CompanyLeadership. 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. The LSI Industries Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3646 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