Daktronics to Provide LED Video System Upgrade for Baltimore Ravens at M&T Bank StadiumBROOKINGS, S.D. – Dec. 3, 2009 - Daktronics (Nasdaq-DAKT) and the Maryland Stadium Authority announced today that the company will design, manufacture and install new large screen video displays for M&T Bank Stadium, home of the National Football League’s Baltimore Ravens. The multimillion dollar upgrade project includes two large end zone video displays, video processors, and the company’s new Show Control system. “We are pleased to provide fans with an improved video system,” said John Morton III, Chairman of the Maryland Stadium Authority. “Although the boards are being replaced due to concerns about functionality, they also represent a significant upgrade and will result in dramatic energy savings. New technology eliminates the need for 54 tons of cooling required by the old system.” “The Ravens’ goal is to provide the best home-game experience in football and our video boards are a significant element in our presentation,” said Dick Cass, President of the Ravens. “Adding the high resolution displays from Daktronics will be spectacular. We’re excited to see the difference on our screens, and we believe they will greatly enhance Ravens game day for our fans.” Daktronics will be providing its popular HD-16 LED video technology in the stadium, retrofit into the existing end zone structures. Each display will measure approximately 24 feet high by 100 feet wide. HD-16 technology provides incredible wide angle viewing for better visibility for more fans, increased contrast, and superb image clarity with the ability to display 4.4 trillion shades of color. Recent professional sports installations of the Daktronics HD-16 technology include systems for the St. Louis Rams, Kansas City Chiefs, Pittsburgh Steelers, Indianapolis Colts, Cincinnati Reds, New York Mets, Kansas City Royals, Arizona Diamondbacks, the New Meadowlands Stadium, and Target Field, future home of the Minnesota Twins. Included in the upgrade project are Daktronics video image processing technologies and the new Show Control system. The company’s video processing system is touted by experts as the best in the industry, processing and scaling live and recorded video signal to vivid digital imagery on large displays. The Show Control system is the one of the latest developments from Daktronics, providing a power combination of control software, data integration, and playback hardware that forms a single, comprehensive production solution. For more on Show Control, visit www.daktronics.com/show. “We are proud to add the Ravens, M&T Bank Stadium and the Maryland Stadium Authority to our valued list of large screen LED video clients,” said Ross Yanco, Regional Manager of Daktronics Large Sports Venues division. “The venue is well known for its advanced design and technology. Football fans and other patrons will be thrilled with the clarity, color reproduction and data integration of the integrated display and control system.” About Maryland Stadium Authority and M&T Bank Stadium Daktronics contract is with the Maryland Stadium Authority, which plans, finances, builds and manages sports and entertainment facilities in Maryland. Completed in 1998 at an estimated cost of $220 million, M&T Bank Stadium has 119 suites and 8,196 club seats. Designed by Populous architects, the stadium was completed in less than two years and funded through a combination of proceeds generated from the sale of tax-exempt revenue bonds, debt service paid by lottery proceeds and the Ravens. In addition to NFL games, the venue hosts concerts and numerous college athletic events including football and lacrosse games. About Daktronics Daktronics is recognized as the world’s leading provider of full-color LED video displays. Daktronics began manufacturing large screen, full-color, LED video displays in 1997. Since then, over 6,000 large screen video displays have been sold and installed in sporting and commercial facilities around the world. Since 2001, independent market research conducted by iSuppli Corp. lists Daktronics as the world’s leading provider of large screen LED video displays. 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 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 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 2009 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. |
Browse by Month »
May 2017 April 2017 March 2017 January 2017 December 2016 November 2016 October 2016 September 2016 August 2016 July 2016 June 2016 May 2016 April 2016 March 2016 February 2016 January 2016 December 2015 November 2015 October 2015 September 2015 August 2015 July 2015 June 2015 May 2015 April 2015 March 2015 February 2015 January 2015 December 2014 November 2014 October 2014 September 2014 August 2014 July 2014 June 2014 May 2014 April 2014 March 2014 February 2014 January 2014 December 2013 November 2013 October 2013 September 2013 August 2013 July 2013 June 2013 May 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012 August 2012 July 2012 June 2012 May 2012 April 2012 March 2012 February 2012 January 2012 December 2011 November 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 April 2011 March 2011 February 2011 January 2011 December 2010 November 2010 October 2010 September 2010 August 2010 July 2010 June 2010 May 2010 April 2010 March 2010 February 2010 January 2010 December 2009 November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2009 February 2009 November 2008 October 2008 September 2008 August 2008 July 2008 June 2008 June 2007 March 2007 February 2007 January 2007 May 2006 February 2006 February 2005 January 2005 February 2004 |