Luminator Technology Group selected to acquire DRI Corporation

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• Publié par: luminator
• Nombre de lectures: 8
• Langue: English

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Luminator Technology Group selected to

acquire DRI Corporation

PR Newswire

PLANO, Texas, June 21, 2012

PLANO, Texas

,

June 21, 2012

/PRNewswire/ -- Luminator Technology Group

(LTG), parent company to Luminator, LAWO and FOCON, leading

manufacturers of destination signs and passenger information equipment, is

pleased to announce that we have been selected to acquire the operating

assets of DRI Corporation.

DRI is the parent company of TwinVision, Digital Recorders and Mobitec.

Products marketed under the Luminator, Lawo, Focon, Digital Recorders,

Mobitec, and TwinVision brand names provide the best-in-class bus signage and

passenger information systems. LTG plans to maintain these products and

brands independently to ensure continued support to our customers.

"This acquisition will enable LTG to move forward as a stronger business and

provide our valued customers with the latest technology and superior service.

We anticipate closing this transaction in the very near future," stated Avi

Zisman, President and CEO of LTG.

About Luminator Technology Group, (LTG)

: Based in

Plano, Texas

, LTG is

the industry leader in lighting, destination signs and passenger information

technology for the mass transit and aerospace marketplace.

Website: www.luminatorusa.com