PLANO, Texas, June 21, 2012 /PRNewswire/ -- Luminator Technology Group (LTG), parent company to Luminator, LAWO and FOCON, leading manufacturers of destination signs and passenger information equipment, is pleased to announce that we have been selected to acquire the operating assets of DRI Corporation.
DRI is the parent company of TwinVision, Digital Recorders and Mobitec.
Products marketed under the Luminator, Lawo, Focon, Digital Recorders, Mobitec, and TwinVision brand names provide the best-in-class bus signage and passenger information systems. LTG plans to maintain these products and brands independently to ensure continued support to our customers.
"This acquisition will enable LTG to move forward as a stronger business and provide our valued customers with the latest technology and superior service. We anticipate closing this transaction in the very near future," stated Avi Zisman, President and CEO of LTG.
About Luminator Technology Group, (LTG): Based in Plano, Texas, LTG is the industry leader in lighting, destination signs and passenger information technology for the mass transit and aerospace marketplace.
SOURCE Luminator Technology Group