Source: LSI Industries Inc.
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LSI Industries Inc. Announces Appointment of Graphics Segment President

CINCINNATI, Oct. 12, 2015 (GLOBE NEWSWIRE) -- LSI Industries Inc. (NASDAQ:LYTS) today announced the appointment of Jeff A. Croskey as President of LSI's Graphics Segment, effective October 12, 2015.  Mr. Croskey joins LSI with an extensive background in the signage and graphics industry.  Prior to joining the Company he was Vice President of Creative Sign Designs of Tampa, FL.  Previous employers include Image International Corp, McNichols Company, and The Goodyear Tire & Rubber Company.  Mr. Croskey received an MBA from Wake Forest University Babcock School of Management with a concentration in Strategy and Finance; and graduated Cum Laude from The Ohio State University with a Bachelor of Science, Aeronautical/Astronautical Engineering. 

Mr. Croskey commented, "I am very excited to join the LSI team and participate in its future success.  I fully endorse the Company's strategy of Lighting + Graphics = Image, and look forward to working with LSI's team and applying my expertise in graphics to further strengthen this strategy.  Additionally, as a strong advocate of Lean and Six Sigma principles, I am excited to participate in the LSI Business System that the entire company has embraced."

Dennis W. Wells, President and Chief Executive Officer, commented, "I am very excited with Mr. Croskey's addition to LSI's executive team.  The world of signage and graphics is changing rapidly and we need smart energetic people working to grow our share in this large addressable market.  He and his team will work closely with Shawn Toney, President, LSI Lighting Segment, and John Bagwell, President, LSI Technology Segment, to grow LSI's position as a leader in image solutions.” 

Mr. Wells continued, “We want to again thank David McCauley for his 18 years of leadership in the Graphics Segment.  Mr. McCauley has indicated that he looks forward to working with Mr. Croskey in a transitional consulting role."

"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, the results of asset impairment assessments, the Company’s ability to maintain an effective system of internal control over financial reporting, our ability to remediate any material weaknesses in our 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

We are a customer-centric company that positions itself as a value-added, trusted partner in developing superior image solutions through our world-class lighting, graphics, and technology capabilities.  Our core strategy of "Lighting + Graphics + Technology = Complete Image Solutions" differentiates us from our competitors.

We are committed to advancing solid-state LED 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 provide sophisticated lighting and energy management control solutions to help customers manage their energy performance.  Further, we provide a full range of design support, engineering, installation and project management services to our customers. 

We are a vertically integrated U.S.-based manufacturer concentrating on serving customers in North America and Latin America.  Our major markets include commercial / industrial lighting, petroleum / convenience store and multi-site retail (including automobile dealerships, restaurants and national retail accounts).  Headquartered in Cincinnati, Ohio, LSI has facilities in Ohio, Kansas, Kentucky, New York, North Carolina, Oregon, Rhode Island and Texas.  The Company’s common shares are traded on the NASDAQ Global Select Market under the symbol LYTS. 

For further information, contact Dennis W. Wells, Chief Executive Officer, 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: DENNIS W. WELLS
(513) 793-3200