Daktronics Wins National Contract with Cooperative Purchasing Group

About National IPA

BROOKINGS, S.D. – May 22, 2017 – Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, has been awarded a national cooperative contract to provide scoreboards and electronic signs to government agencies and educational institutions across the nation. Region 4 Education Service Center in Houston, Texas, competitively solicited and publicly awarded the contract to Daktronics.

Daktronics digital displays will now be made available to all members of the Region 4 Services Center as well as all other participants of National IPA. National IPA's purchasing process is user-friendly and simple. The compliance process takes care of the legally required competition for contracts. Schools have a wide selection of approved products to choose from, including apparel, furniture and scoring equipment to disaster preparedness and consulting.

"We are excited to continue our partnership with National IPA," said Tom Coughlin, Sales Manager for Daktronics Sports Marketing. "This contract offers a lot of value for our customers and the number of those that want to utilize it is growing rapidly. It's a great solution."

Working with National IPA is one of many benefits Daktronics offers as a total solutions provider in the digital display market. For more information about Daktronics involvement, visit the Daktronics Sports Marketing page.

National IPA is redefining the future of cooperative purchasing. The cooperative purchasing organization is dedicated to serving public agencies and educational institutions nationwide. All cooperative agreements have been competitively solicited and publicly awarded by a public agency/governmental entity (e.g. state, city, county, public university or school district), utilizing the best public procurement practices, processes and procedures. The lead agencies are independent of the cooperative allowing the agency to be focused on the best value for the agency.

The National IPA team of tenured certified public procurement professionals, supply chain and cooperative purchasing experts is committed to bringing value to agencies nationwide.  Participants may leverage one of the largest pools of purchasing potential, allowing them to receive a combined buying power regardless of their entity's size.

​About Daktronics

Daktronics helps its customers to impact their audiences throughout the world with large-format LED video displays, message displays, scoreboards, digital billboards, audio systems and control systems in sport, business and transportation applications. Founded in 1968 as a USA-based manufacturing company, Daktronics has grown into the world leader in audiovisual systems and implementation with offices around the globe. Discover more at www.daktronics.com.

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Safe Harbor Statement

Cautionary Notice: In addition to statements of historical fact, this news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to enjoy the protection of that Act. These forward-looking statements reflect the Company’s expectations or beliefs concerning future events. The Company cautions that these and similar statements involve risk and uncertainties which could cause actual results to differ materially from our expectation, including, but not limited to, 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, including its Annual Report on Form 10-K for its 2018 fiscal year. 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.

For more information contact:
MEDIA RELATIONS:
Jody Huntimer
Marketing Manager, Schools & Theatre
tel 605-692-0200 Ext. 57259
Jody.Huntimer@daktronics.com