Daktronics, Inc. Revises Fourth Quarter 2007 Estimates; Gives Initial Order Growth Guidance for FY2008.

BROOKINGS, S.D. -- Daktronics, Inc. (Nasdaq:DAKT) today updated its estimates for the fourth quarter of fiscal 2007 which ends April 28. Previously, the Company estimated that its fiscal fourth quarter net sales would be in the range of $106 million to $118 million and that its earnings per share would be in the range of $0.12 to $0.19 per share. The Company now estimates that net sales for the fourth quarter of fiscal 2007 will be in the range of $101 million to $105 million, with earnings in the range of $0.06 to $0.10 per share. The Company is also providing initial guidance for order growth for fiscal year 2008 for each of its major markets.

"Heading into the fourth quarter, we had anticipated that the order volume earlier in the quarter would be sufficient to achieve our estimated range of sales," said Jim Morgan, president and chief executive officer. "However, we were unable to book enough orders earlier in the quarter to generate the sales, which is causing this revision in the estimates. The level of order bookings was a combination of timing and softness in the marketplace, which we attribute to the natural volatility of our large display business. We are expecting stronger orders in April, and we expect backlog at the end of this fiscal year to be between $105 million and $115 million. Included in this is approximately $55 million to $65 million in orders which we expect to book yet this month. It's important to note that there is always uncertainty on the timing of orders firming up, and likewise a chance that some of this expected business might not book until the first quarter of fiscal year 2008," said Morgan.

Morgan continued, "Despite this lower than expected order volume in the fourth quarter, our outlook for growth next year remains generally unchanged. In our large sports venue business, orders should grow between 10 and 20 percent for fiscal year 2008. Part of the uncertainty here relates to the higher than normal number of large new construction projects to be awarded in fiscal year 2008. If we continue with similar success as in the past, and subject to the timing of awards, we could see the actual order growth rate exceed 20 percent. We expect that sales will expand at a lower rate, as the revenues for some of these large orders would be recognized in subsequent years."

"We expect our Galaxy product orders in the commercial market for fiscal year 2008 to expand at a rate in excess of 20 percent. We expect that orders in the billboard market could be up greater than 30 percent for the year, but keep in mind that we have limited visibility to industry demand beyond the current calendar year. We have made significant investments in our capacity to serve this market, and we believe that we are well positioned to respond to the demands of the marketplace," said Morgan.

Morgan concluded, "Our small sports venue and transportation businesses should expand at approximately 15 percent for the next fiscal year, so that overall, we could see company-wide order growth of 15 percent to 25 percent next fiscal year with sales growth being somewhat less, resulting in an increase in our backlog in fiscal year 2008. We are pleased with this rate of growth given the tough comparisons to the current fiscal year, especially in our large sports venue business. With the projected growth rate for the coming year and the capacity expansions in place we expect to focus more on improving our operating margin and cash flow, and we remain committed to continuing our history of leveraging top line growth over the long-term.

James B. Morgan, DAKT's chief executive officer and William R. Retterath, DAKT's chief financial officer, will host a conference call, which will contain forward-looking statements and other material information related to this news release. The conference call may be accessed by a dial-in number or via the Internet as follows:

Thursday, April 5th, 2007 at 4:00 PM CT

Dial-in number: 719-457-2732

Webcast: http://www.daktronics.com

About Daktronics

Daktronics has strong leadership positions in, and is one of the world's largest suppliers of, electronic scoreboards, computer-programmable displays, and large screen video displays and control systems. The company excels in the control of large display systems, including those that require integration of multiple complex displays showing real-time information, graphics, animation and video. 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 [e-mail], call [phone] or toll-free [phone] in the United States or write to the company at 331 32nd Ave. PO Box 5128 Brookings, S.D. 57006-5128.

Safe Harbor Statement

Cautionary Notice: In addition to statements of historical fact, this news release contains forward-looking statements reflecting the Company's expectations or beliefs concerning future events, which could materially affect company performance in the future. The Company cautions that these and similar statements involve risks and uncertainties, including 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 which may cause actual results to differ materially. 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.