Lantronix Inc.

10/19/2021 | Press release | Distributed by Public on 10/19/2021 05:13

Lantronix Wins 2021 Cloud Computing Excellence Award for ConsoleFlow Cloud-Based Software-as-a-Service Platform

ConsoleFlow provides True Zero-Touch automation that increases operational efficiency and reduces on-site visits to remote locations

IRVINE, Calif., Oct. 19, 2021 - Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Internet of Things (IoT), today announced that it has won a 2021 Cloud Computing Excellence Award for its ConsoleFlow™ cloud-based Software-as-a-Service (SaaS) platform. Given by Cloud Computing Magazine, this award honors vendors that have most effectively leveraged cloud computing in bringing new, differentiated solutions to market.

"We are proud to recognize Lantronix as a leader in the advancement of cloud computing. Lantronix is being honored for its achievement in bringing innovation and excellence to the market with its ConsoleFlow solution," said Rich Tehrani, CEO, TMC, publisher of Cloud Computing Magazine.

"We are honored to win a 2021 Cloud Computing Excellence Award for Lantronix ConsoleFlow," said Paul Pickle, CEO of Lantronix. "The ConsoleFlow cloud-based management platform provides automation, insight and control of remote locations, empowering users to focus on business logic and operational efficiency to drive successful outcomes."

With the ConsoleFlow SaaS platform, users can view and manage globally distributed assets through a single pane of glass from virtually anywhere. Providing a secure path to Lantronix IoT devices via centralized management, ConsoleFlow provides automated monitoring with real-time notifications, over-the-air updates and Web-based configuration. In addition, ConsoleFlow is available on any iOS® or Android™ mobile device. ConsoleFlow's True Zero-Touch simplifies onboarding logistics of new devices, virtually eliminating on-site visits, reducing operational costs.

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.

Learn more at the Lantronix blog, which features industry discussion and updates. Follow Lantronix on Twitter, view our YouTube video library or connect with us on LinkedIn.

"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 and our SaaS are platform 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, 2020, filed with the Securities and Exchange Commission (the "SEC") on September 11, 2020, 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.

© 2021 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

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