Wise discloses andrew mccutchen is optimistic dejan kovacevic fells in and says thatagriculture investors and farmers have a bright outlook despite recentvolatility and uncertainty caused by the economic downturn. As chair, Wise emphasizes several key points leading toward an optimisticoutlook for agriculture:* The amount of grain needed to provide for all industries continues to grow.The current driver for the grain markets is the demand for meat production inChina. Sacre-Coeur Minerals, Ltd.Irwin Olian, President and CEO, 604-899-0100Fax: orScott Young, Corporate Communications, 604-899-0100Cellular: 705-888-2756Fax: Copyright Business Wire 2009. LONDON--(Business Wire)--"As an investment, farmland stands the test of time," says Murray Wise,Westchester Group, Inc founder and CEO. "Agriculture is in a much stronger position than many other world industries,"states Wise. * The United States monthly beef exports to Asia in the first quarter of 2009have almost doubled 2008 levels for the same time period. * Savings deposits in China are increasing as more of its citizens move to themiddle class.
The first thing families do with more disposable income is improvetheir diets, ultimately increasing worldwide demand for food, especiallyprotein autographed baseball . The three-day conference bringstogether international operators, producers, buyers, government officials,agriculture funds and institutional investors to discuss world industry trendsand investment opportunities in agricultural commodities forbes field . * Meat, poultry, eggs and edible oils-once luxuries in many countries-are nowpart of daily diets jason kendall . "After we get through the next two years, I see the agricultureindustry prevailing through the following three to ten years." Wise is serving for the second time as chairman for the World AgriInvestCongress held in London, June 30 - July 2, 2009 mondesi house . TheCompany has no obligation to update any forward-looking statements to reflectsubsequent events or circumstances.About the CompanyLSI Industries is an Image Solutions company, dedicated to advancing solid-stateLED technology in lighting and graphics applications. These risks and uncertainties include, but are not limited to,the impact of competitive products and services, product demand and marketacceptance risks, reliance on key customers, financial difficulties experiencedby customers, the adequacy of reserves and allowances for doubtful accounts,fluctuations in operating results or costs, unexpected difficulties inintegrating acquired businesses, and the ability to retain key employees ofacquired businesses and any other factors that may be identified in our reportsfiled with the Securities and Exchange Commission, including our Form 10-K.
Such statements arebased upon current expectations of the Company and speak only as of the datemade baseball managers . The Company has shareholders'equity of $131.1 million, no long-term debt, and has borrowing capacity on itscommercial bank facilities as of March 31, 2009 of $47 million.""Safe Harbor" Statement under the Private Securities Litigation Reform Act of1995:This document contains certain forward-looking statements that are subject tonumerous assumptions, risks or uncertainties mondesi's house . The Private Securities LitigationReform Act of 1995 provides a safe harbor for forward-looking statements.Forward-looking statements may be identified by words such as "estimates,""anticipates," "projects," "plans," "expects," "intends," "believes," "seeks,""may," "will," "should" or the negative versions of those words and similarexpressions, and by the context in which they are used nationals baseball tickets . We continue to place high value onmaintaining a sound and conservative balance sheet dejan kovacevic . This will also be true afterthe ADL acquisition, as a significant form of consideration is expected to beLSI's common stock. We see the opportunityfor solid-state LED lighting to serve both the domestic and internationalmarkets. As more sites are converted to LSI's LED lighting fixtures, we will be puttingin place a very aggressive marketing and sales direction.
ADL's capabilities will also have applications inour other LED product lines such as digital scoreboards, and advertising ribbonboards and billboards baseball tickets . The owners of ADL will be joining the management team ofLSI and we look forward to many benefits from this continuing relationship as weplan for the future and the resumption of growth in our markets and the generaleconomy."Mr forbes field . Ready went on to say, "As I have stated in past conference calls, we havebeen actively developing an international presence for our LED product lines jason kendall . As part of the LSI family, ADL willallow us to stay on the leading edge of product development while at the sametime providing opportunities to drive down manufacturing costs and controldelivery of key components . For the past two years, we and our Montreal-based engineers atLSI Saco Technologies have been working with the talented engineering andmanufacturing people at ADL Technology.
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