{"id":39785,"date":"2022-02-01T12:32:03","date_gmt":"2022-02-01T12:32:03","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=86218"},"modified":"2022-02-01T12:32:03","modified_gmt":"2022-02-01T12:32:03","slug":"lantronix-launches-application-specific-industrial-iot-solutions-based-on-its-new-g520-series-cellular-gateways","status":"publish","type":"post","link":"https:\/\/southafricajournal.com\/lantronix-launches-application-specific-industrial-iot-solutions-based-on-its-new-g520-series-cellular-gateways\/","title":{"rendered":"Lantronix Launches Application-Specific Industrial IoT Solutions Based on Its New G520 Series Cellular Gateways"},"content":{"rendered":"
IRVINE, Calif., Feb. 01, 2022 (GLOBE NEWSWIRE) —\u00a0Lantronix Inc.<\/u><\/a>\u00a0(NASDAQ: LTRX), a global provider of secure turnkey solutions for intelligent IT and Internet of Things (IoT), today announced its launch of application-specific industrial IoT solutions that address concerns in Industry 4.0, Security and Transport markets with its\u00a0G520 Series<\/u><\/a>\u00a0Smart cellular IoT devices and services. Now available are the G520 Industrial, a competitive cellular industrial protocol converter router; and G520 Security, a high-speed LTE CAT13 and 5G communication router to reduce cybersecurity threats. G520 Transport will be launched later in 2022.<\/p>\n The G520 industrial and security gateways offer a complete solution and comes pre-configured with Lantronix\u2019s award-winning\u00a0ConsoleFlow\u2122<\/u><\/a>\u00a0 \u201cIn response to the rapidly growing Industrial IoT market, Lantronix delivers competitive solutions that address and solve the market\u2019s challenges,\u201d said Paul Pickle, CEO of Lantronix. \u201cOur offerings of software, hardware and connectivity services provide our customers with the proven integration and ease-of-use needed for success in today\u2019s IoT-driven world.\u201d<\/p>\n According to Berg Insight, global cellular IoT device shipments increased by 14 percent in 2020 to reach 302.7 million units and are forecasted to grow at a compound annual growth rate (CAGR) of 15.8 percent to reach 629.6 million units by 2025.<\/p>\n Now available are:<\/p>\n Coming soon is:<\/p>\n For more information, visit\u00a0https:\/\/www.lantronix.com\/ About Lantronix<\/strong><\/p>\n 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.<\/p>\n 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.<\/p>\n Lantronix\u2019s 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\u00a0Lantronix website<\/a>.<\/p>\n Learn more at the\u00a0Lantronix blog<\/a>, which features industry discussion and updates. Follow Lantronix on\u00a0Twitter<\/a>, view our\u00a0YouTube video library<\/a>\u00a0or connect with us on\u00a0LinkedIn<\/a>.<\/p>\n \u201cSafe Harbor\u201d 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. 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 \u201cSEC\u201d) on September 11, 2021, including in the section entitled \u201cRisk Factors\u201d 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.<\/p>\n \u00a9 2022 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.<\/p>\n Lantronix Media Contact:<\/strong> Lantronix Analyst and Investor Contact:<\/strong>\n
\n
\nGail Kathryn Miller
\nCorporate Marketing &
\nCommunications Manager
\nmedia@lantronix.com<\/a>
\n949-453-7158<\/p>\n
\nJeremy Whitaker
\nChief Financial Officer
\ninvestors@lantronix.com<\/a>
\n949-450-7241<\/p>\n