Daktronics Announces Orders for Vanguard Variable Message Sign Systems; Second Order From City of Dallas Exceeds $2 Million.

Business Editors & Technology/Transportation Writers

BROOKINGS, S.D.--(BUSINESS WIRE)--July 22, 2002

Daktronics, Inc. (Nasdaq:DAKT) announced today multiple orders for its Vanguard(R) variable message sign (VMS) systems, including a large repeat order from the City of Dallas. The value of the orders for new display equipment for seven existing transportation agency customers totals approximately $3.6 million.

"Orders for our Vanguard display systems used in intelligent transportation systems that improve traffic flow have remained strong," said James Morgan, president and CEO of Daktronics. "Over the road display systems fill an important need to keep motorists informed and moving safely, and help citizens get more from our country's investment in roads and bridges."

In November 2001, Daktronics announced a contract with the City of Dallas authorizing the purchase of up to $5.8 million of electronic displays and control systems, and the initial order of approximately $950,000 worth of display equipment. The company recently received a second order from the City of Dallas that exceeds $2 million and includes 16 Vanguard(R) 256-color (using red, green and blue light emitting diodes) displays, five Vanguard(R) tri-color (red, green and amber) LED displays, and two portable Vanguard(R) displays using amber LEDs. The 256-color displays will be the first of their kind in a traffic management application. A majority of the displays will be installed near Fair Park in Dallas, home of the State Fair of Texas and the Cotton Bowl, by the end of the year.

Nine Vanguard(R) signs will be installed near the Newburgh-Beacon Bridge for the New York State Bridge Authority. These displays will be line-oriented with the ability to show up to three lines of 18" or 12" amber characters.

Seven Vanguard(R) signs will be installed over a freeway in the borough of Queens, N.Y., to direct and inform motorists. These units have been ordered for the New York State Department of Transportation, and will be full-matrix displays with the capability to show text and graphics with amber LEDs.

The Washington State, Connecticut, Pennsylvania and Virginia Departments of Transportation will also be adding Daktronics Vanguard(R) monochrome displays to their existing networks of electronic signs.

Vanguard(R) variable message signs are an important component of intelligent transportation systems, communicating with motorists and helping them get to their destinations safely and on time. Every day, millions of motorists count on Daktronics displays. Applications for Vanguard(R) variable message signs include freeways, arterial roads, bridges, tunnels, construction areas and parking facilities. Vanguard(R) systems are currently working in 17 states, as well as Canada, New Zealand, Mexico and Malaysia.

Daktronics, a manufacturer and technical contractor, is one of the world's largest suppliers of electronic scoreboards, computer-programmable displays and large screen video boards. The company has strong leadership positions in electronic scoreboards; outdoor programmable display systems available in LED, incandescent and reflective technologies; and large screen video display and control. Daktronics has installed displays in more than 70 countries. For more information, visit the company's worldwide web site at http://www.daktronics.com, email the company at [e-mail], call toll-free 1-888-325-8766 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 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 or unanticipated events as they occur.