CINCINNATI, Sept. 24, 2013 (GLOBE NEWSWIRE) -- LSI Industries Inc. (Nasdaq:LYTS) today introduced the LED XLPG, a new LED linear parking garage fixture. Specially designed to meet the needs of the parking garage space, LSI's XLPG is purpose built to deliver optimum performance using significantly less energy as compared to traditional light sources. Energy-efficient LEDs combined with uniquely designed precision optics optimize light output for uniform illumination without any 'cave effect' or glare. Further, the XLPG has a number of features to ensure easy installation and virtually no maintenance, making it an affordable value and the LED solution of choice for new construction and retrofit parking garage applications.
Scott Ready, President, commented, "I am very excited to introduce this innovative LED parking garage fixture. The XLPG provides outstanding uniformity and "seeability" with virtually no glare or diode visibility. It has been constructed to withstand weather elements and vandalism, and requires up to 57% less energy when compared to traditional light sources. The fixture is available in a range of color temperatures, and is also designed to meet IES RP-20 and IES G-1 specifications. Additionally, the fixture utilizes controls such as occupancy sensors and dimming to further improve energy savings."
Mr. Ready said, "The XLPG LED linear parking garage fixture represents the fourth major LED product introduction that we have announced over the past several months. Our Scottsdale® Legacy™ and Legacy™ LED canopy lights are already transforming the petroleum market with their superior performance, energy efficiency and attractive design, while our Sterling™ area light has provided the market with a light source that provides optimal performance and flexibility, including optional LSI Virticus integrated wireless control and information systems. Both our new canopy and area lighting solutions have already received great reception in the marketplace, exceeding our initial expectations. We are confident that the LED XLPG fixture, with its combination of optimum performance and energy efficiency, will be received as an attractive new product for parking garage lighting."
Mr. Ready continued, "We continue to experience strong lighting and graphics operating results during the first quarter-to-date, and look forward to reporting substantially higher sales and earnings during the current fiscal year."
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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 - 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.
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
Source: LSI Industries Inc.