NORWALK, CT, April 12, 2005 - Trans-Lux Corporation (AMEX: TLX), a leading provider of programmable LED digital electronic information displays and owner/operator of cinemas, and Barco, a leading provider of display solutions for professional/collegiate sports markets and commercial markets, have signed a joint supplier agreement. Trans-Lux will distribute Barco’s line of advanced LED video display products to its catalog sports market, and Barco will become a worldwide distributor of Trans-Lux monochrome and tricolor LED digital displays.
“Trans-Lux and Barco are complementary in many important ways,” said Trans-Lux President and Co-Chief Executive Office, Michael R. Mulcahy. “Barco’s high-end LED video and our traditional LED digital electronic displays allow both companies to offer customers a full spectrum of integrated solutions from a single source. This arrangement will significantly expand our respective product lines, open new marketing channels, and pave the way for other combined opportunities.”
Besides augmenting Trans-Lux’s product line with high-quality video for the catalog sports market, Barco’s market presence and worldwide network of approximately 50 sales personnel and over 100 agents open up a new distribution channel for Trans-Lux. Barco adds Trans-Lux’s market-leading LED digital electronic displays to its product mix, receives access to new distribution channels, including Trans-Lux’s network of catalog scoreboard dealers, and gains greater access to U.S. markets. Working together, the companies can offer complete packages of fully integrated display system solutions.
“We are excited to move forward with this partnership between Barco and Trans-Lux. The diverse product line offered by Trans-Lux complements Barco’s state-of-the-art LED video displays, allowing us to deliver better solutions and greater value to our customers,” stated Dave Janke, General Manager, Barco Media.
About Trans-Lux
Trans-Lux is a worldwide, full-service provider of integrated multimedia systems for today's communications environments. The essential elements of these systems are real-time, programmable electronic information displays the Company manufactures, distributes and services. Designed to meet the evolving communications needs of both the indoor and outdoor markets, these displays are used primarily in applications for the financial, banking, gaming, corporate, transportation, entertainment and sports industries. In addition to its display business, the Company owns and operates a chain of motion picture theatres in the western Mountain States. For more information on Trans-Lux’s programmable LED digital electronic information displays, please visit www.trans-lux.com.
About Barco
Barco, an international company headquartered in Kortrijk, Belgium, provides visualization and display solutions for professional markets. Barco designs and develops solutions for large screen visualization, display solutions for life-critical applications, and systems for visual inspection. Barco is active worldwide and has its own facilities for Sales & Marketing, Customer Support, Research and Development and Manufacturing in Europe, North America and Asia Pacific. Barco is quoted on Euronext Brussels and is a BEL 20 and a Next 150 company. For more information on Barco’s large screen display solutions, please visit www.media.barco.com.
