Provides engineering and custom design services to support the creation of innovative IoT solutions for EMEA customers
IRVINE, Calif., Oct. 7, 2021 — Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Internet of Things (IoT), today announced the opening of its new Lantronix Design Center in Ilmenau, Germany, in support of its EMEA customers. The grand opening event is scheduled for Oct. 15, 2021 (see details below).
The new Lantronix Design Center in Germany will be home to an engineering group encompassing design engineering, system architecture, technical support, quality assurance and test services. The team of engineers and support staff will work with Lantronix’s EMEA customers and partners as well as local and federal governments to assist in the design of innovative new IoT solutions.
From fixed-cost turnkey product development to augmenting design teams on complex projects, Lantronix’s Design Center team helps its customers meet their technical goals and quickly get products to prototype and market.
“The new Lantronix Design Center in Ilmenau, Germany, represents our commitment to the European region by bringing local engineering resources to them,” said Paul Pickle, CEO of Lantronix. “This expansion, along with our focus on IoT solutions, is an integral driver of the Lantronix growth engine.”
“Bringing high-level engineering and custom design services to the region will support our EMEA-based customers who are creating innovative solutions for the burgeoning world of IoT,” said Fathi Hakam, VP of Engineering at Lantronix. “Our experienced engineering team provides IoT product development that delivers unparalleled expertise and proven product development best practices.”
The grand opening ceremony will take place on Oct. 15, 2021, at 10:00 a.m. in Ilmenau, Germany, Ziegelhüttenweg 4.
Local dignitaries invited to the event include Minister f. Wirtschaft Wolfgang Tiefensee, Consul General US Kenichiro (Ken) Toko, Landrätin Petra Enders, Bürgermeister Dr. Schultheiß and Präsident TU Ilmenau Professor Kai-Uwe Sattler. Lantronix dignitaries attending the event include Pickle and Hakam.
Grand Opening Agenda:
10:00 a.m.: Official Opening with ribbon cutting and reveal of the new office sign
10:15 a.m.: Speeches
11:15 a.m.: Office Tour
11:45 a.m.: Press Conference
13:00 p.m.: Light Lunch
14:00 p.m.: Open Talk
16:00 p.m.: Conclusion
RSVP: [email protected] by Oct. 12, 2021.
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.
“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. 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.
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