LSI Increases Efficacy in New Parking Garage Luminaire and Reaches DLC Premium Status
10 Octobre 2018 - 3:35PM
The Excursion offers significant
performance advancements along with visual comfort and
architectural appeal in one fixture.
LSI Industries Inc. (NASDAQ: LYTS) today announced that the new
Excursion luminaire, designed for use in parking structure
applications, delivers an increase in efficacy that achieves DLC
Premium performance and brings more value to the customer.
Through improved assembly methods, manufacturing tolerance
control, and further process improvements, LSI achieved a
significant increase in light extraction making the 3000K – 5000K
CCT product meet and/or exceed DLC premium requirements. Choosing
to hold lumen output constant to previous levels, the increase in
optical efficiency realized allowed LSI to pass on this performance
gain in the form of increased efficacy and an average reduction in
wattage of 20%.
At the heart of the Excursion is an engineered solution that
combines the principles of refraction and total internal reflection
with a printed algorithmic optical technology. The result is
an efficient, unique, visually pleasing lighting solution that
provides the tailored optical distributions and illuminance levels
today’s energy conscious garage and area lighting customers
demand.
Further performance benefits are achieved through embedded
intelligent LSI AirLink™ wireless lighting controls enabled by
Synapse that allow for zone dimming, daylight harvesting, motion
detection, scheduling and more, while advancements in design
provide attractive, low profile and contemporary features ideal for
lower ceiling environments. These qualities place Excursion in the
top tier for the parking structure industry. University and
national airport customers, including the Louis Armstrong New
Orleans International Airport, have implemented the luminaire to
refine illumination and enhance architectural appeal.
“Very few products in the parking structure market today can
deliver this level of performance and architectural appeal.
Excursion launched in the spring of 2018 and quickly gained market
recognition. Less than six months later, we’re further enhancing
the value for the customer through continuous improvements in
manufacturing and design processes that are allowing us to quickly
review our products and release additional benefits to the
marketplace,” says John Bagwell, Senior Vice President of Product
Development & Management for LSI
Industries.
"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, tax law changes, failure of an acquisition or
acquired company to achieve its plans or objectives generally,
unexpected difficulties in integrating acquired businesses, the
ability to retain key employees, unfavorable economic and market
conditions, the impact of tariffs and trade wars, the results of
asset impairment assessments, the ability to maintain an effective
system of internal control over financial reporting, the ability to
remediate any material weaknesses in 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
LSI Industries Inc. is a U.S.-based designer, manufacturer and
marketer of lighting, graphics and technology solutions for both
indoor and outdoor applications. The Company is a leader in
the primary markets it serves including petroleum, automotive,
quick serve restaurants, grocery, banking, retail, renovation,
parking and warehousing. Products are marketed throughout
North America by a network of independent sales representatives and
distributors, as well as through national accounts. LSI
partners with its customers to provide a full range of design
support, engineering, installation and project management
services. Headquartered in Blue Ash, Ohio, LSI currently
employs over 1,200 employees and operates eight facilities
throughout the U.S. The Company’s common shares are traded on
the NASDAQ Global Select Market under the symbol LYTS.
Additional information can be found on the Investor Relations page
at www.lsi-industries.com.
CONTACT: |
MELANIE TAMULEWICZ |
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(330) 494-9444 |
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