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| [January 16, 2013] |
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Delphi Display Systems Announces Record Results for 2012
COSTA MESA, Calif. --(Business Wire)--
Delphi
Display Systems, Inc., the world's leading provider of quick service
restaurant (QSR) drive-thru performance optimization products and
outdoor digital signage systems, today announced it achieved record
financial results for calendar fiscal year 2012. The results were driven
by significant growth across multiple product lines in its domestic QSR
drive-thru technology business.
Delphi Display Systems experienced positive growth during 2012 with
revenues and profitability reaching the highest level in the company's
17 year history. Revenues grew by more than 15% compared with 2011
results, with profitability also up versus the prior year. The company's
record financial results were fueled by the strog adoption of its new
Insight™ product offerings and by sharp gains in market share. Unit
sales also increased significantly during the period as demand rose for
all products despite stiff economic headwinds and competitive price
pressures.
"Our record financial performance for 2012 is a testament to the high
value of Delphi's solutions in the market and our commitment to serving
the evolving needs of our customers, both in the U.S. and around the
world," said Ken Neeld, President and CEO of Delphi Display Systems.
"The success we achieved last year is a direct result of our focus on
delivering premier customer service, world-class engineering design, and
the highest quality and most innovative products available. This would
not have been possible without the hard work and dedication of the
passionate employees at Delphi. I am fortunate to be part of this great
team and look forward to even stronger performance in 2013 as we launch
an entire line of new products and services targeted at existing and new
market opportunities."
About Delphi Display Systems
Delphi Display Systems designs and manufactures a wide variety of
outdoor digital signage products and business analytics software
solutions serving the quick service restaurant (QSR), petroleum, retail,
and other market verticals. Applications include drive-thru order
confirmation systems, vehicle timing solutions, digital menu boards,
gas-pump top video displays, outdoor interactive way-finding systems and
more. For more information on the company and its products, visit www.DelphiDisplay.com
or call 714-825-3400.

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