MONTREAL, Oct. 17, 2013 /PRNewswire/ – LSI International Corp. today announced it has acquired the assets of CITILED SAS, CITILED
SARL, and CITILED UK, leaders in turnkey solutions for innovative Media
Façades, headquartered in Paris, FRANCE. The acquisition includes all
designs, technology, trademarks, and patents for Media Façades and LED
Video systems. This acquisition is of a highly strategic nature for LSI
International Corp. from both a lighting and video perspective.

CITILED was founded in 2006 and its founders have a combined experience
of more than 30 years in the LED Video Industry. As a fast growing
international company, Citiled has branch offices in Abu Dhabi (UAE),
London (UK), Beirut (Lebanon) and Riyadh (Saudi Arabia). Specializing
in the design, engineering, supply, and installation of large LED
lighting and video systems cladding entire buildings, also known as
‘media façade’. LED video lighting has become a new architectural
material and allows infinite creative possibilities to build façades.
Citiled designs and systems are used for architectural purposes,
hotels, hospitals, airports, sports arenas, retail, events, and custom
applications.

Citiled installed the world’s largest LED Media Façade at King’s Road
Tower, Jeddah, Saudi Arabia. The custom screen measures over 10,000
sqm and has more than 5 million LED’s. Having used its patented DMF
(Digital Media Façade) technology, the system is virtually transparent
and can display graphic images on the façade while still permitting
daylight to enter the building. Other notable projects are Agbar Tower
designed by architect Jean Nouvel in Barcelona, the Hermes building in
Singapore, Maroc Telecom in Morocco, Cocor in Bucharest, and SEC in
Beirut.

Fred Jalbout, President and CEO of LSI International Corp., commented, “This acquisition represents a very important strategic
direction and capability for LSII as we continue to develop our
technology offerings and will strongly position the company in Europe
and the Middle East. We are providing a high-quality solution that is
right for today, but also the right investment for the future.
Together, with the innovative, leading edge technology of CITILED along
with LSII’s top industry position we can more effectively serve the
worldwide Lighting & Video markets. Our customers will have the
assurance of two highly respected companies joining forces to take care
of their needs.”

Jonathan Labbee, Chief Operating Officer of LSI International Corp., commented, “For LSII, the acquisition of CITILED is a natural evolution.
By adding our technology and know-how to the unique market presence of
CITILED, existing and future customers will greatly benefit from the
synergies and new products to come. The modularity and reliability of
the LSII / CITILED systems offer great freedom of design for Architects
and Designers and provide the market with the confidence to push the
envelope.”

About the Company

With corporate offices in Europe, the Middle East, and North America,
LSII’s team boasts over 20 years of experience in the development and
supply of industry leading Solid State LED Lighting and Media
Solutions. The vast experience and expertise of the LSII team ensures
that interfacing with architects, designers, tour managers, and other
professionals is seamless and efficient.

As an innovator, LSII is continually improving durability, quality, and
reliability of their products, while maintaining a state-of-the-art
design adaptable to today’s dynamic environment. LSII has become the
technological leader and preferred brand name in both indoor and
outdoor LED Solid State Lighting and Media Solutions. This is possible
due to LSII’s corporate vision and commitment to innovation, quality,
reliability, flexibility, and a customer first attitude.

In addition to cutting edge R&D and manufacturing capabilities, LSII has
further structured the company in order to offer a full menu of
products and services to serve all levels of the market. LSII
accomplished this through its four main product and service labs:
Light Lab, Screen Lab, Design Lab, and Content Lab.

For Commercial and Industrial White Light solutions, LSII is an
affiliate of LSI Industries Inc. (headquartered in the USA), and offers
the LSI Industries product range. LSI Industries is a leader in
Commercial, Industrial White Light with over three decades of industry
experience.

LSII’s mission is to provide our clients with the most comprehensive and
dependable integration of Design, Engineering, Products, and Support
program available in the global marketplace.

SOURCE LSI International Corp.