2015-09-02
LSI Industries is pleased to announce the appointment of Jay Matsueda as Senior Director of Strategic Marketing & Communications for the Lighting Solutions division. Jay will report to Shawn Toney, President of LSI Lighting Solutions.
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2014-05-28
LSI Industries Inc. reported today that it has been selected by Shell Oil Company to participate in Shell's National Wholesaler Co-op Program to make available LED technology lighting products to their network of wholesalers and dealers that brand Shell across locations in North America.
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2013-09-25
LSI Industries Inc. introduced the LED XLPG, a new LED linear parking garage fixture. 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 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.
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2013-06-10
LSI Industries Inc. (Nasdaq:LYTS) today reported that it is the recipient of the 2013 Manny Award in the "biggest breakthrough" category. This prestigious annual award is given to outstanding manufacturing companies for their innovation and best practices. LSI's recently introduced solid-state product, the Sterling™ LED area light fixture, was the basis for this award. The Manny Award is given by Cincy Magazine, a leading business publication of Greater Cincinnati. Robert J. Ready, CEO, said, "We are pleased to receive the Manny Award. As a leading lighting and graphics company dedicated to providing advanced solid-state LED products, new product development and introduction......
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2013-05-09
LSI Industries Inc. (Nasdaq:LYTS) announced the introduction of an innovative and technologically advanced LED canopy lighting solution unlike anything available in the market today. The Legacy™, a revolutionary advancement in petroleum canopy lighting that is poised to revitalize the market, provides a combination of high performance, low cost and attractive design, and flexibility in light distribution options.
The Legacy is purpose-built to achieve high performance and low cost, while allowing for fast, easy installation. It is performance-driven to provide the h...
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2012-03-15
LSI Industries Inc. (Nasdaq:LYTS) announced that it has entered into an agreement with Asbury Automotive Group Inc., the 6th largest automotive retailer in the country, to supply its LED site lighting in both new and existing facilities. Headquartered in Duluth, GA, Asbury operates 79 retail stores across the United States.
Adopting LSI's LED technology is a strategic part of Asbury's green initiatives and LEED program. "By selecting LSI's LED lighting products, we will be able to significantly reduce our operating costs through ...
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2011-10-28
LSI Industries (LYTS) reported earnings results this morning that were significantly less than stellar as the company tries to replace the significant 7-Eleven LED business that propelled revenues last year. The company reported an EPS of .05/share vs the analyst estimate for .10/share on revenues of $65.5 million vs the analyst estimate for $70 million. That represents quarter over quarter decreases of 50% and 18% respectively.
CEO Robert Ready commented on the quarter: "Overall our fiscal 2012 first quarter sales were weak as we worked to replace ...
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2009-08-17
The Port Authority of New York & New Jersey recently announced that it has completed installing energy-efficient LED lighting on the iconic necklace of the George Washington Bridge.
LSI Industries, under contract to the New York Power Authority (NYPA) and in coordination with the Port Authority of New York & New Jersey, developed and produced this innovative lighting system.
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2009-07-23
LSI Industries Inc. (Nasdaq:LYTS) Wednesday announced it has completed the acquisition of AdL Technology and related companies (AdL Engineering and Kelmilfeen), privately owned and based in Columbus, Ohio. Consideration for the asset purchase of these businesses consisted of 2,469,676 shares of LSI's unregistered common stock, cash of $1,328,000, and assumed indebtedness of $3,526,000. The management team of AdL has entered into employment agreements and will continue in their current positions to manage the business for LSI.
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2009-06-30
LSI Industries Inc. (Nasdaq:LYTS) yesterday announced the following two developments:
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