Daktronics Announces Order From the Orleans Arena for Integrated Display System.Business & Sports Editors Noun 1. sports editor - the newspaper editor responsible for sports news newspaper editor - the editor of a newspaper BROOKINGS, S.D.--(BUSINESS WIRE)--Nov. 8, 2002 Daktronics, Inc. (Nasdaq:DAKT) announced today it has received an order to provide an integrated display system for the Orleans Arena This article is about the multi-purpose arena in Las Vegas. For the similarly named arena found in Louisiana, see New Orleans Arena. The Orleans Arena is a 9,500 seat multi-purpose arena in Las Vegas, Nevada. , currently under construction in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. . The Orleans Arena will be the home of the Las Vegas Wranglers of the West Coast Hockey League West Coast Hockey League was a minor league in ice hockey in United States from 1995 to 2003. The number of teams ranged from 6 to 9 and the teams were located in Alaska, Arizona, California, Colorado, Idaho, Nevada and Washington. beginning in the fall of 2003, and will host many other sports and entertainment events including concerts, motorsports, boxing, conventions and corporate gatherings. The integrated display system provided by Daktronics will incorporate popular ProStar(R) VideoPlus LED (light emitting diode See LED. ) display technology, ProAd(R) digital advertising and information display technology, and proven Daktronics control systems. A large ProStar(R) display measuring approximately 18 feet high by 25 feet wide (320 pixels See pixel. high by 448 pixels wide; pixels on 16.5 mm spacing) will be installed at one end of the arena. A ProAd(R) display measuring approximately three feet high by 695 feet wide (32 pixels high by 9,264 pixels wide; pixels on 23 mm spacing) will be mounted on the fascia fascia (făsh`ēə), fibrous tissue network located between the skin and the underlying structure of muscle and bone. Fascia is composed of two layers, a superficial layer and a deep layer. inside the arena and will surround fans and visitors with exciting video clips A short video presentation. , animation, graphics, statistics, and other information. Proven Venus(R) and V-Play(TM) controllers will operate the full-color LED displays. The installed cost of the integrated display system exceeds $1.5 million. This order was booked prior to the end of the company's second quarter that ended Nov. 2, 2002. "The video capabilities Daktronics is supplying us with will undoubtedly make us one of the most fan-friendly, technologically-advanced arenas in the nation," said Steve Stallworth, general manager of the Orleans Arena. "We couldn't be happier with our choice." The Orleans Arena is the last phase of an overall $155 million expansion of the Orleans Hotel & Casino, which included a 2,600 space covered parking garage, 586 new rooms and suites, six additional movie theatres, 30,000 additional square feet of casino space, and a new health spa and fitness center. The new arena opens in May 2003, will have 9,000 seats, and is expected to draw nearly 600,000 visitors in its first year. 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 display and control systems. The company excels in the control of large display systems, including those that require integration of complex multiple displays showing real time information, graphics, animation and video. Daktronics designs, manufactures and markets display systems to customers around the world in sport, business and transportation applications. For more information, visit the company's worldwide web site at http://www.daktronics.com, email the company at sales@daktronics.com, call toll-free 1-800-DAKTRONICS (800-325-8766) in the U.S., or write to the company at 331 32nd Avenue, P.O. Box 5128, Brookings, SD 57006-5128. Cautionary Notice: In addition to statements of historical fact, this news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 risk 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 CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or or unanticipated events as they occur. |
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