Greg55....I've used a lot of the MDO in the sign industry...it is made for exterior use and will hold up well for you...however...make sure you seal all the edges well to stop water penetration...the glue will hold, but open wood will wick water in...the big plus to MDO is that it gives you a great surface to apply graphics/paint to...sprays up really nice and is already primed for you...I think it's a great choice....

and a heads up to some that might not know about it...MDO is medium density overlay...not to be confused with MDF medium density fiberboard...and Home Depot doesn't typically have MDO on hand...need to go to a regular lumber yard type outlet, or sign industry supplier...Doug