April 18 (Reuters) - LSI Industries Inc ( LYTS ):

* LSI INDUSTRIES ACQUIRES EMI INDUSTRIES, EXPANDING STORE

FIXTURES

AND FOOD SERVICE EQUIPMENT BUSINESS

* LSI INDUSTRIES INC ( LYTS ) - PROPOSED DEAL FOR ALL-CASH PURCHASE

PRICE

OF $50 MILLION

* LSI INDUSTRIES INC ( LYTS ) - UPON CLOSING, TRANSACTION WILL BE

IMMEDIATELY ACCRETIVE TO LSI ON AN ADJUSTED EARNINGS PER SHARE

BASIS

* LSI INDUSTRIES INC ( LYTS ): FUNDED ACQUISITION OF EMI UTILIZING

CASH AND

AVAILABILITY UNDER ITS EXISTING CREDIT FACILITY

* LSI INDUSTRIES INC ( LYTS ): WILL WELCOME EMI'S MORE THAN 300

EMPLOYEES

TO LSI

* LSI INDUSTRIES ( LYTS ): RETAINING EMI'S EXPERIENCED LEADERSHIP

TEAM,

INCLUDING PRESIDENT AND CEO ALAN HARVILL, TOGETHER WITH EACH OF

ITS FIVE FACILITIES

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