Trans-Lux Corp. (TNLX) Eyes Enhanced Competitive Edge in Cutting-Edge LED Market

Trans-Lux’s digital signage display solutions are used in the financial, sports and entertainment, gaming and leasing markets, both for indoor and outdoor applications. Since its conception more than 80 years ago, the company’s display equipment has been installed at thousands of locations worldwide, including major financial exchanges.

The company’s TL Vision outdoor large screens leverage cutting-edge LED technology to generate high definition for large scale imaging ideal for stadiums, billboards, marquees, casinos, and other outdoor applications.

The TL Vision LED indoor screen system is available for scalability, and can be custom configured to any shape and size. The company’s LED pitches range from 3mm to 127 mm.

Trans-Lux president and CEO J.M. Allain in a recent press release said that the company anticipates new and innovative sales programs that will generate additional business opportunities and enhance the company’s competitive position in the LED market.

For the recently reported third quarter ended September 30, 2012, Tans-Lux swung to profit with earnings of $0.02 million, or a loss of $0.01 per share, compared to a loss of $2.2 million, or a loss of $0.88 per share, reported for the third quarter of last year. Sales for the quarter were $5.9 million, a decrease compared to sales of $7.1 million for the comparable quarter of 2011.

For the nine months ended September 30, 2012, Trans-Lux incurred a loss of $0.7 million, or a loss of $0.06 per share, as compared to a loss of $5.5 million, or a loss of $0.23 per share, for the same nine months of 2011. Revenue for the nine-month period was $18.4 million, up from $17.1 million in the same period of last year.

For more information visit www.trans-lux.com

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