Cincinnati, OH, January 18, 2021 \u2013 LSI Industries (NASDAQ: LYTS), a leading U.S. based manufacturer of indoor and outdoor lighting and graphics solutions, said today that one of its long-standing quick service restaurant (QSR) customers has awarded the Company new business valued at up to $20 million through calendar year-end 2022.\u00a0 The award expands on a $100 million agreement that was announced last year.\u00a0 Along with designing and manufacturing the customer\u2019s drive-thru digital menu boards, LSI also manages the installation and ongoing support.\u00a0 The new award is for LSI to provide interior digital signage at more than 6,000 of the customer\u2019s locations throughout North America.<\/p>\n
\u201cWe are pleased that one of the largest quick service restaurants in the world has once again chosen LSI to implement another highly complex, multi-site solution,\u201d said Jim Clark, President and CEO of LSI Industries.\u00a0 \u201cThe expansion of our $100 million contract exemplifies LSI\u2019s ability to deliver innovative solutions that are recognized and valued by our customers.\u00a0 We appreciate the trust this customer has placed in LSI, as it reflects the level of confidence we strive to earn through demonstrated performance.\u201d<\/p>\n
LSI is using its internal team of specialists to facilitate the program across more than 6,000 restaurants.\u00a0 Program activity is well underway, and the project implementation schedule is expected to accelerate during LSI\u2019s current fiscal year.<\/p>\n
About LSI Industries, Inc.<\/strong><\/p>\n Headquartered in Blue Ash, Ohio (Greater Cincinnati), LSI Industries is a leading producer of high-performance, American-made lighting solutions.\u00a0 The Company\u2019s strength in outdoor lighting applications creates opportunities for it to introduce additional solutions to its valued customers.\u00a0 LSI\u2019s indoor and outdoor products and services, including its digital and print graphics capabilities, are valued by architects, engineers, distributors and contractors for their quality, reliability and innovation.\u00a0 The Company\u2019s products are used extensively in automotive dealerships, petroleum stations, quick service restaurants, grocery stores and pharmacies, retail establishments, sports complexes, parking lots and garages, and commercial and industrial buildings.\u00a0 LSI has approximately 1,100 employees at seven manufacturing plants in the United States, including its corporate headquarters.\u00a0 Additional information about LSI is available at www.lsicorp.com.<\/p>\n Forward-Looking Statements:<\/strong><\/p>\n For details on the uncertainties that may cause our actual results to be materially different than those expressed in our forward-looking statements, visit https:\/\/investors.lsicorp.com as well as our Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q which contain risk factors.<\/p>\n","protected":false},"excerpt":{"rendered":" Cincinnati, OH, January 18, 2021 \u2013 LSI Industries (NASDAQ: LYTS), a leading U.S. based manufacturer of indoor and outdoor lighting and graphics solutions, said today that one of its long-standing quick service restaurant (QSR) customers has awarded the Company new business valued at up to $20 million through calendar year-end 2022.\u00a0 The award expands on […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[174],"tags":[],"class_list":["post-17921","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"yoast_head":"\n