New LED Solutions, Aggressive Business Initiatives and Successful Reorganization Continue to Gain Traction
NORWALK, CT--(Marketwire - April 24, 2012) - Trans-Lux Corporation (
"We are no longer introducing the 'new' Trans-Lux. This is Trans-Lux, and we believe we're bigger and better than ever," said Mr. Allain. "We are providing LED video display solutions in some of the world's most spectacular venues, and partnering with leaders in the imaging field to further extend our expertise. We believe our successful restructuring enables us to compete in the biggest arenas with complete customer confidence."
Trans-Lux TL Vision LED video displays are already redefining the landscape for large screen systems as demonstrated by the 4mm Black LED system up and running in the Venetian Las Vegas' sports book. We believe the video wall is brighter, more vibrant and more detailed than any other sports book display system installed on the strip. So bright in fact that it's attracting the attention of casino management all over town. Trans-Lux has also completed numerous installations of TL Vision LED video displays around the world including the new Stock Exchange in Turkey.
Fair-Play by Trans-Lux scoreboards also continue to be an industry staple. Trans-Lux's recent partnership with the Rochester Institute of Technology to provide scoreboards and LED lighting leverages the efficiencies of Trans-Lux's integrated solutions to deliver superior effectiveness and savings.
"There were numerous project wins during the second half of 2011 that we are now fulfilling in the gaming, sports and financial arenas. More importantly, we anticipate the successful attainment of several additional projects in the near future that will provide further testimony to Trans-Lux's extensive capabilities, engineering prowess and innovation," continued Mr. Allain. "Our plan is to light up 2012 with new business opportunities, and I am confident we can accomplish this goal."
TL Vision LED Large Screen Systems
Trans-Lux branded TL Vision LED video displays deliver bright, high resolution images with breathtaking clarity. LED pitches range in size from 1.9mm to 45mm and can be configured in virtually any size and shape for indoor or outdoor use. The Company's groundbreaking 4mm LED video display is ideal for high resolution applications with image quality that rivals HD flat screen displays -- along with the ability to be customized to meet the most demanding installations.
TL Energy LED Lighting Solutions
Trans-Lux offers a comprehensive line of innovative LED lighting solutions under the TL Energy brand. These innovative LED lighting products provide facilities and public infrastructure with "green" lighting solutions that deliver a tremendous return on investment and virtually pay for themselves. TL Energy LED Lighting products include a wide array of LED commercial and street lighting solutions, as well as LED replacement bulbs that fit into existing fixtures.
TL InfoVision LED Digital Displays
Trans-Lux branded TL InfoVision LED Digital Displays are available in virtually any size, shape and configuration for any indoor and outdoor application. From turn-key multi-screen LED display systems, time and temperature and price changer LED digital displays to single line tickers capable of displaying full-color animated or monochrome alphanumeric content, TL InfoVision LED solutions deliver outstanding clarity and brightness.
Fair-Play by Trans-Lux Scoreboard Systems are the industry's leading line of digital displays for schools and universities, casino sports books and financial institutions. The Company has further expanded the Fair-Play line-up to include TL Vision LED video displays, along with a new line of hand-held remote control solutions with the industry's first 100% guarantee.
Trans-Lux Corporation (TNLX) is a leading designer and manufacturer of TL Vision digital video displays and TL Energy LED lighting solutions for the financial, sports and entertainment, gaming, education, government, and commercial markets. With a comprehensive offering of LED Large Screen Systems, LCD Flat Panel Displays, Data Walls and scoreboards (marketed under Fair-Play by Trans-Lux), Trans-Lux delivers comprehensive video display solutions for any size venue's indoor and outdoor display needs. TL Energy enables organizations to greatly reduce energy related costs with green lighting solutions. For more information please visit www.Trans-Lux.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. Forward-looking statements such as "will," "believe," "are projected to be" and similar expressions are statements regarding future events or the future performance of Trans-Lux Corporation, and include statements regarding projected operating results. These forward-looking statements are based on current expectations, forecasts and assumptions and involve a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements.
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