Lantronix Announces Expanded Relationship with Insight Enterprises, Now Offering Full Range of Products

Rhea-AI Summary

Lantronix Inc. (LTRX) has broadened its partnership with Insight Enterprises, enhancing its offerings in Remote Environment Management and Edge Computing. This collaboration aims to extend Lantronix’s IoT and Remote Access solutions to Insight’s global clientele, enabling improved business continuity for remote sites. The combined portfolio includes OOB remote management, device servers, and SaaS for holistic IoT solutions, solidifying Lantronix’s position in the market and its capability to cater to various industries effectively.

Positive

• Expanded partnership with Insight Enterprises to enhance market reach.
• Broader range of integrated IoT and Remote Management solutions offered.
• Strengthened support for Out-of-Band products to provide business continuity.

Negative

• None.

Insight to offer Lantronix’s expanded range of integrated hardware, software and service solutions for Remote Environment Management and Edge Computing

IRVINE, Calif., June 10, 2021 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), 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, today announced an expanded relationship with Insight Enterprises (NASDAQ: NSIT), a Fortune 500-ranked provider of digital transformation solutions. Insight, the global integrator of Insight Intelligent Technology Solutions™ for organizations of all sizes, focuses on Digital Innovation, Cloud + Data Center Transformation and Connected Workforce solutions to help clients maximize the value of their technology.

“Insight is an excellent partner for Lantronix,” said Roger Holliday, VP of Worldwide Sales at Lantronix. “With its strength and global reach, Insight will provide exceptional support to our growing customer base for Out-of-Band products and services in Remote Environment Management, delivering business continuity in remote and unmanned sites.”

Insight will extend the reach of Lantronix’s IoT and Remote Access technologies and services to a worldwide network of clients. Insight clients gain Lantronix’s holistic approach to connectivity, which integrates software, hardware, services and application development to empower the design, creation and delivery of innovative solutions.

Lantronix’s solutions offered by Insight include software and hardware, including Out-of-Band remote management, device servers, edge computing devices, SaaS software for single-pane-of-glass management and global cellular connectivity. Lantronix’s portfolio of solutions addresses each layer of the IoT stack, including Collect, Connect, Compute, Control and Comprehend, enabling its customers to deliver successful OOBM and IoT solutions.

For more information, visit Insight’s Lantronix offerings here.

About Insight

Today, every business is a technology business. Insight Enterprises Inc. empowers organizations of all sizes with Insight Intelligent Technology Solutions™ and services to maximize the business value of IT. As a Fortune 500-ranked global provider of Digital Innovation, Cloud + Data Center Transformation, and Connected Workforce solutions and services, we help clients successfully manage their IT today while transforming for tomorrow. From IT strategy and design to implementation and management, our employees help clients innovate and optimize their operations to run business smarter. Discover more at insight.com.

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 provide reliable and secure solutions while accelerating their time to market. Lantronix’s products and services dramatically simplify operations through the creation, development, deployment and management of customer projects at scale while providing quality, reliability and security.

With three decades of proven experience in creating robust IoT technologies and OOBM solutions, Lantronix is an innovator in enabling its customers to build new business models, leverage greater efficiencies and realize the possibilities of the Internet of Things. Lantronix’s solutions are deployed inside millions of machines at data centers, offices and remote sites serving a wide range of industries, including energy, agriculture, medical, security, manufacturing, distribution, transportation, retail, financial, environmental and government.

Lantronix is headquartered in Irvine, Calif. For more information, visit www.lantronix.com. Learn more at the Lantronix blog, www.lantronix.com/blog, featuring industry discussion and updates. To follow Lantronix on Twitter, please visit www.twitter.com/Lantronix. View our video library on YouTube at www.youtube.com/user/LantronixInc or connect with us on LinkedIn at www.linkedin.com/company/lantronix.

“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 as well as the expanded relationship with Insight Enterprises and the growing customer base of Lantronix for Out-of-Band products and services in Remote Environment Managementare 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.

Lantronix Media Contact:        
Gail Kathryn Miller
Corporate Marketing &
Communications Manager
media@lantronix.com
949-453-7158

Lantronix Analyst and Investor Contact:        
Jeremy Whitaker
Chief Financial Officer
investors@lantronix.com
949-450-7241

Lantronix Sales:
sales@lantronix.com
Americas +1 (800) 422-7055 (US and Canada) or +1 949-453-3990
Europe, Middle East and Africa +31 (0)76 52 36 744
Asia Pacific + 852 3428-2338
China + 86 21-6237-8868
Japan +81 (0) 50-1354-6201
India +91 994-551-2488

FAQ

What is the significance of Lantronix's partnership with Insight Enterprises?

The partnership allows Lantronix to expand its reach and enhance its Remote Environment Management and Edge Computing solutions, providing better services to a global client base.

What solutions are included in Lantronix's offerings through Insight?

Lantronix’s offerings through Insight include OOB remote management, device servers, edge computing devices, and SaaS software for single-pane-of-glass management.

How does the partnership impact Lantronix's market position?

The partnership strengthens Lantronix’s position in the market by broadening its service offerings and improving support for its growing customer base.

What industry sectors does Lantronix cater to?

Lantronix provides solutions across various sectors, including energy, agriculture, medical, security, manufacturing, and transportation.

What are the key benefits of Lantronix’s integrated solutions?

The integrated solutions simplify operations, enhance connectivity, and provide secure and reliable IoT functionalities for businesses.