IRVINE, Calif., March18, 2022(GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, today announced it will be demonstrating its DOT/Smart City solutions with Lantronix ConsoleFlow™ centralized device management for the first time. This integration of Lantronix’s ConsoleFlow with its Ethernet PoE switches and IoT cellular gateways brings a single pane of glass management and True Zero-Touch automation to its smart city solution. It will be displayed at the International Security Conference & Exposition ISC West being held March 22–25, 2022, at the Venetian Expo in Las Vegas. Lantronix will exhibit at Booth #5109.
The ConsoleFlow platform provides an integrated, trusted and secure path to remotely located devices without complex VPNs. With True Zero-Touch automation, devices are provisioned with security patches and optimized configurations. With real-time notifications, users can monitor, troubleshoot, and remediate issues, mitigate downtime, and avoid expensive travel costs. Combined with a RESTful API to access telemetry data for analysis, ConsoleFlow seamlessly delivers operational efficiency for your secure smart city IoT solution.
Berg Insight estimates that the value of the European and North American market for video surveillance equipment will reach $14.3 billion in 2024. The market value includes hardware systems for video surveillance and associated software systems, which are installed in both the public and private sectors.
“Lantronix is highly committed to helping implement new Intelligent Transportation Systems and Smart Initiatives,” said Jacques Issa, VP of Marketing at Lantronix. “With video surveillance cameras installed in public and private sectors in North America growing to more than 70 million units, Lantronix’s ConsoleFlow platform integrated with its Smart City deployed PoE network switches is poised to meet this dynamic and growing industry’s challenges.”
Lantronix will also be showcasing its new Mini Power over Ethernet (PoE) Media converter.Competitively priced, the new Mini PoE Media Converter (M/GE-PSW-PSE-01) delivers data security through fiber to interface with Ethernet equipment and provide PoE+ power. Designed for applications including physical security and surveillance and Fiber-to-the-Desk, the new Mini PoE Media Converter is ideal for industries that require smart connectivity with remote management, including government, Smart Cities, utilities and Intelligent Transportation as well as retail and enterprise. With its fixed configuration, deployments are plug-and-play, and its small size makes it ideal for locations where space is limited.
Delivering complete end-to-end connectivity solutions, Lantronix will display:
Lantronix switches are approved for use by the New York Department of Transportation (NYDOT), the Georgia Department of Transportation (GDOT) and the Florida Department of Transportation (FDOT).
Lantronix is offering complimentary ISC West exhibit hall passes (valued at up to $150). Click here to access free passes. For more information on Lantronix at ISC west, visit Lantronix’s show page.
About Lantronix
Lantronix Inc. is a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), offering Software as a Service (SaaS), connectivity services, engineering services and intelligent hardware.
Lantronix enables its customers to accelerate time to market and increase operational up-time and efficiency by providing reliable, secure and connected Intelligent Edge IoT and Remote Management Gateway solutions.
Lantronix’s products and services dramatically simplify the creation, development, deployment and management of IoT and IT projects across Robotics, Automotive, Wearables, Video Conferencing, Industrial, Medical, Logistics, Smart Cities, Security, Retail, Branch Office, Server Room and Datacenter applications. For more information, visit the Lantronix website.
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“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Any statements set forth in this news release that are not entirely historical and factual in nature, including without limitation statements related to our solutions, technologies and products, are forward-looking statements. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; the impact of the COVID-19 outbreak on our employees, supply and distribution chains, and the global economy; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2021, filed with the Securities and Exchange Commission (the “SEC”) on September 11, 2021, including in the section entitled “Risk Factors” in Item 1A of Part I of such report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. The forward-looking statements included in this release speak only as of the date hereof, and we do not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.
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