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Lantronix to Showcase AI-Driven Out-Of-Band Management Solutions at Cisco Live

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On May 30, 2024, Lantronix announced it will showcase its AI-driven out-of-band management solutions at Cisco Live, held in Las Vegas from June 2-6, 2024. These solutions leverage rules-based AI to automatically recover and mitigate network infrastructure during outages, providing secure remote access to gear. Lantronix's innovations aim to automate routine IT tasks, enhancing network security and reliability. Featured products include the AI-Driven Out-of-Band LM83X, LM80, and Control Center, among others. Lantronix is committed to delivering efficient and secure out-of-band solutions with robust technical support.

Positive
  • Lantronix will showcase their AI-driven out-of-band management solutions at Cisco Live, increasing visibility among potential customers.
  • The solutions use rules-based AI to automatically recover and mitigate network infrastructure during outages, enhancing network reliability.
  • Automates routine IT tasks, freeing up network admins for other responsibilities, which can lead to increased productivity.
  • Featured products include AI-Driven Out-of-Band LM83X and LM80, suggesting a robust portfolio for different scalability needs.
  • Control Center offers a centralized management solution, enhancing operational efficiency and security.
  • Reliable hardware such as the SLC 8000 and EMG 7500 feature secure remote access and integrated cellular connectivity, suitable for various applications.
  • Next-generation IoT cellular gateways like the G520 Series are designed to prevent cyber-attacks and increase operational efficiency.
  • Lantronix provides dedicated technical support and lifetime warranties, which can improve customer satisfaction and loyalty.
Negative
  • No specific financial data or projections are provided, leaving investors without important information to assess potential impacts on revenue.
  • The press release focuses on product showcases and lacks details on actual adoption rates or partnerships, which may impact investor confidence.
  • Potential risks in the AI-driven solutions are not addressed, such as system failures or vulnerabilities that could impact network security.
  • Absence of information on competitive positioning could make it difficult to gauge Lantronix's market advantage.

Utilizes rules-based AI to automatically recover and mitigate network infrastructure automatically, even during an outage

IRVINE, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions, today announced that it will do live demos of its AI-driven out-of-band management solutions at booth 4875 at Cisco Live held June 2–6, 2024, in Las Vegas. Its innovative solutions for out-of-band environments utilize rules-based AI to recover and mitigate network infrastructure automatically, including reliable and secure access to remote gear during an outage. The solution automates many routine tasks that can unnecessarily consume a network admin’s day.

“At Cisco Live, we're excited to showcase our innovative solutions that empower our customers to utilize AI-driven decision-making to make their networks more secure and reliable while automating routine tasks, enabling network admins to focus on other responsibilities,” said Mathi Gurusamy, chief strategy officer at Lantronix. “At Lantronix, we are devoted to bringing innovative solutions that help our customers be more efficient, secure and bottom-line focused.”

Lantronix is the go-to source for out-of-band innovations, providing a suite of reliable, secure and easy-to-deploy solutions, all supported by its exceptional service team. Being shown at Cisco Live are:

AI-Driven Out-of-Band

  • LM83X, delivering AI-driven out-of-band management of 8–104 devices over serial console in a scalable and robust console server with dual power inputs. 
  • LM80, providing a fixed 8-port serial AI-driven out-of-band management solution that can automate a majority of routine IT maintenance and recovery tasks quickly and error-free.
  • Control Center, a single pane of glass for managing all LM-series devices for secure remote access, AAA controls and creating power monitoring and action rules without scripting, centrally archiving both monitored device operating system and configuration files and compliance reporting.

Reliable Hardware, Trusted Performance

  • SLC 8000: Advanced Console Manager, the industry’s first advanced modular console manager that provides secure access to IT equipment with RS-232 and USB console.
  • EMG 7500, a complete edge solution for branch offices, remote locations and retail stores for which small port count and integrated cellular connectivity are ideal.
  • G520 Series, Lantronix’s next-generation IoT cellular LTE CAT 4G and 5G gateways that are designed for industrial applications with pre-enabled Percepxion Edge Solution Platform and cellular Connectivity Services to increase operational efficiency and prevent cyber-attacks. 

Expert Technical Support

  • LEVEL Technical Services, providing dedicated technical support experts to assist with implementing out-of-band deployments and limited lifetime equipment warranties. 

About Lantronix

Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth industries, including Smart Cities, Automotive and Enterprise. Lantronix’s products and services empower companies to achieve success in the growing IoT markets by delivering customizable solutions that address each layer of the IoT Stack. Lantronix’s leading-edge solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

For more information, visit the Lantronix website.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This media alert contains forward-looking statements within the meaning of federal securities laws, including without limitation statements related to its AI-driven out-of-band management solutions and its LM83X, LM80, , SLC8000, EMG7500, G520 and Perception Edge Solution Software, including statements about their reliability, security, performance and flexibility. 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; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; 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, 2023, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 12, 2023, including in the section entitled “Risk Factors” in Item 1A of Part I of such report; in our Quarterly Reports on Form 10-Q for the fiscal quarter ended Dec. 31, 2023, filed with the SEC on Feb. 8, 2024, and for the fiscal quarter ended March 31, 2024, filed with the SEC on May 2, 2024, including in the section entitled “Risk Factors” in Item 1A of Part II 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.

© 2024 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
949-212-0960

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


FAQ

What products will Lantronix showcase at Cisco Live 2024?

Lantronix will showcase AI-driven out-of-band management solutions including the LM83X, LM80, Control Center, SLC 8000, EMG 7500, and G520 Series.

When and where will Lantronix showcase their AI-driven solutions?

Lantronix will showcase their AI-driven solutions at Cisco Live in Las Vegas from June 2-6, 2024.

How do Lantronix's AI-driven out-of-band management solutions work?

Lantronix's AI-driven solutions use rules-based AI to automatically recover and mitigate network infrastructure during outages, providing secure remote access.

What is the significance of Lantronix's Control Center?

Control Center is a centralized management solution for all LM-series devices, offering secure remote access, compliance reporting, and automated IT tasks.

What are the features of Lantronix's G520 Series gateways?

The G520 Series are next-generation IoT cellular LTE CAT 4G and 5G gateways designed for industrial applications, featuring pre-enabled Percepxion Edge Solution Platform and cellular Connectivity Services.

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