DALLAS--(BUSINESS WIRE)--Ultravision International, a world-leading innovator and manufacturer of LED displays and LED lighting, today announced that it has reached a definitive agreement with Lamar Advertising Company (NASDAQ: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, for Lamar to purchase LED billboard lights and Modular LED Display Panels from Ultravision.
“We are pleased to partner with Lamar Advertising. We look forward to working with them and providing them with our innovative and patented products, which include the Ultra Billboard Light and the UltraPanel Modular LED Display Panels,” said William Hall, CEO and co-founder of Ultravision International.
The Ultra Billboard Light was engineered to illuminate large billboards, typically 14-feet by 48-feet, with just two lights that have even light coverage throughout the entire billboard with no hot spots or dark spots. The patented technology uses only 300 watts of electricity, thereby reducing energy consumption by up to 92 percent compared with conventional lighting.
The patented Ultravision Modular LED Display Panels greatly reduce installation costs because of the lightweight, simplified installation and connection process. The highly durable Modular LED Display Panels are self-contained, use one-third less energy, one-third the weight, and are one-third the cost to install, compared with outdated cabinet technology.
Ultravision’s innovation has fundamentally changed the DOOH industry for the past decade with display lighting and LED digital displays driven by dynamic technology with installation costs and operating costs that are a fraction of conventional equipment.
About Ultravision International
Ultravision International manufactures innovative LED displays and LED lights to lower the total cost of installation and operation for its customers. The company’s wide array of solutions helps customers engage with audiences worldwide. Founded in 2010, Ultravision designed and patented the modular LED display panel, an innovation that fundamentally changed the LED industry by eliminating the need for cabinet displays that are difficult to install and costly to maintain. For more details, please visit http://www.ultravisioninternational.com.
About Lamar Advertising Company
Founded in 1902, Lamar Advertising Company is one of the largest outdoor advertising companies in North America, with more than 330,000 displays across the United States, Canada and Puerto Rico. Lamar offers advertisers a variety of billboard, interstate logo and transit advertising formats, helping both local businesses and national brands reach broad audiences every day. In addition to its more traditional out-of-home inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with over 2,600 displays. See more at: www.lamar.com.