Daktronics' New Digital Billboard 'Hits the Mark,' Reaches Early Sales Milestone
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Daktronics Inc. (NASDAQ:DAKT) announced today that to date they have
received orders for 34 of their new Valo™
OT digital billboards. The orders have come from a mix of new and
existing clients, and are in addition to traditional billboard product
orders.
An important factor in the Valo™
OT digital billboard’s popularity is its
reduced weight and power consumption. This eases structural concerns and
reduces operating costs, potentially providing clients with a faster
return on investment.
"We are pleased with how well the marketplace
is responding to our new product,” said
Jeremy Johnson, Daktronics’ billboard sales
manager. "We spent a great deal of effort
understanding the needs of outdoor advertisers and incorporating those
needs into this product. The response from our customers tells us that we’ve
hit the mark with our new Valo™
OT product.”
In addition to stunning picture quality, several unmatched features set
the Valo™ OT digital
billboard apart from the competition. They include a new security
system, enhanced automatic dimming technology and an advanced remote
display management system.
Daktronics’ billboard manufacturing plant is
responding appropriately to the influx of business. "We’re
committed to handling our customers' growing digital billboard needs now
and into the future,” said Kent Breu,
Daktronics’ billboard plant manager. "Our
streamlined manufacturing processes reduce costs while improving quality
and delivery times.”
To date, Daktronics has installed more than 450 digital billboards,
easily making them the industry’s top
supplier.
The Valo™ OT digital
billboards were announced Aug. 15, and will begin shipping in October.
About Daktronics
Daktronics has strong leadership positions in, and is one of the world’s
largest suppliers of digital billboards, large-screen video displays and
control systems, computer-programmable displays and electronic
scoreboards. The company excels in the control of large display systems,
including those that require integration of multiple complex displays
showing real-time information, graphics, animation and video. Daktronics
designs, manufactures, markets and services display systems for
customers around the world, in sport, business and transportation
applications. For more information, visit the company’s
World Wide Web site at: http://www.daktronics.com,
e-mail the company at outdoor@daktronics.com,
call (605) 697-4300 or toll-free (800) 325-8766 in the United States or
write to the company at 331 32nd Ave. PO Box 5128 Brookings, S.D.
57006-5128.
Cautionary Notice: In addition to statements of historical fact, this
news release contains forward-looking statements reflecting the company’s
expectations or beliefs concerning future events, which could materially
affect company performance in the future. The company cautions that
these and similar statements involve risk and uncertainties including
changes in economic and market conditions, management of growth, timing
and magnitude of future contracts and other risks noted in the company’s
Securities and Exchange Commission filings which may cause actual
results to differ materially. Forward-looking statements are made in the
context of information available as of the date stated. The company
undertakes no obligation to update or revise such statements to reflect
new circumstances or unanticipated events as they occur.