BROOKINGS, S.D. – May 3, 2012 – Daktronics Inc. (Nasdaq – DAKT) of Brookings, S.D., and the Tampa Bay Lightning announced today that fans of the team and other visitors to the renovated Tampa Bay Times Forum will soon enjoy watching the largest high definition video displays in any United States or Canadian arena.

“After completing the transformation of the Tampa Bay Times Forum this past season, we recognized the need to hang an appropriate state-of-the-art video board in the arena,” said Steve Griggs, Chief Operating Officer of the Tampa Bay Lightning, Tampa Bay Storm and Tampa Bay Times Forum. “Like many other new elements in the Times Forum, the new board will be recognized nationally for its innovation, quality and fan-friendliness. It promises to be among the best in North America and allows us to further enhance the in-arena presentation for all of our events.”

The new suspended video display system will include four large video displays using the latest Daktronics video technology in a rectangular configuration. The two largest displays will measure approximately 28 feet high by 50 feet wide. With 1296 lines of resolution, the largest two displays will present live and recorded video in true high definition, with the capability to show multiple zones of content, creating a digital canvas on which to present video, animation, graphics, scores and statistics in unlimited layouts.

The two “smaller” suspended displays will be positioned at the ends of the larger displays, creating incredible viewing for all fans in the venue. Dimensions of these displays are approximately 28 feet high by 20 feet wide, tapered at the bottom.

Each of the four Daktronics video displays will utilize the latest surface mount light emitting diode (LED) display technology. When combined with Daktronics world class video processing capabilities, the displays will present imagery in 144 quadrillion shades of color. Nearly six million individual light emitting diodes will populate the two larger screens, tightly spaced together on 6mm (.24”) center to center pixel spacing (pixel pitch is also 6 mm on the end displays). The Daktronics technology also boasts industry leading contrast ratios and super wide viewing angles.

In late 2011, Daktronics added 14 digital LED ribbon boards inside the seating bowl and concourse areas within the arena. In addition the company provided a digital dasherboard at ice level. These displays will be integrated with the new centerhung displays to provide a true super system controlled with Daktronics industry leading control system.

“We appreciate the trust and confidence the Lightning have put in the Daktronics team, to deliver this incredible, one of a kind system that will certainly ‘wow’ their fans for many years to come,” said Daktronics Regional Sales Manager Brent Stevens. “It’s another large investment and significant upgrade the ownership has made to the venue to make the game day the very best it can be.”

About Tampa Bay Sports and Entertainment, LLC                                                                      

The 2004 Stanley Cup Champion Tampa Bay Lightning and the leasehold rights to the Tampa Bay Times Forum were purchased by an entity controlled by Jeffrey Vinik in March, 2010. Shortly thereafter, Vinik also purchased the Tampa Bay Storm of the Arena Football League. Since acquiring these assets, Vinik has spearheaded a complete brand and business transformation of the teams and the arena under the banner of Tampa Bay Sports and Entertainment, LLC. The Lightning advanced to the Eastern Conference Finals of the Stanley Cup Playoffs in 2011 and the Times Forum received a $42 million renovation later that summer. More than 5,000 new full season ticket members joined the Lightning family for the 2011-12 regular season. As Vinik and his management team continue to move the organization forward in the 2012, it looks forward to hosting the 2012 Republican National Convention this August.

About Daktronics

Daktronics has strong leadership positions in, and is the world’s largest supplier of, large screen video displays, electronic scoreboards, computer-programmable displays, digital billboards, and control systems. 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 [email protected], call (605) 692-0200 or toll-free(800) 325-8766 in the United States or write to the company at 331 32^nd 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 within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to enjoy the protection of that Act. These forward-looking statements reflect the Company’s expectations or beliefs concerning future events. The Company cautions that these and similar statements involve risk and uncertainties which could cause actual results to differ materially from our expectation, including, but not limited to, changes in economic and market conditions, management of growth, timing and magnitude of future contracts, and other risks noted in the company’s SEC filings, including its Annual Report on Form 10-K for its 2011 fiscal year. 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.