Lantronix xPico 200 Series Wi-Fi IoT Gateways Achieve WPA3 Enterprise and Personal Certification

IRVINE, Calif., March 24, 2022 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and Intelligent IT market, today announced that its xPico 270, xPico 250 and xPico 240 embedded Wi-Fi® IoT gateways have achieved WPA3™ Certification for WPA3-Enterprise and WPA3-Personal by the Wi-Fi Alliance.

Delivering seamless and secure Ethernet, Wi-Fi and Bluetooth® connectivity, Lantronix xPico 200 Series gateways enable OEMs to build and deploy smart connected products with reduced complexity and lower risk. Designed to increase resiliency in mission-critical network applications, the new WPA3 features simplify and strengthen Wi-Fi security, enable more robust authentication and deliver increased cryptographic strength for highly sensitive data for both enterprise and personal use.

“We are proud that Lantronix’s xPico 200 Series gateways have met the demanding criteria to attain WPA3 Certification from the Wi-Fi Alliance,” said Fathi Hakam, VP of Engineering at Lantronix. “To gain this respected designation, the gateways underwent rigorous testing in a variety of configurations by independent, authorized test laboratories.”

According to a recent study by HMS Networks, Industrial Ethernet now makes up 65 percent of the global market of newly installed nodes in Factory Automation. In addition, wireless continues to grow rapidly at a rate of 24 percent, outpacing both fieldbus and Industrial Ethernet. “Industrial network connectivity for factory devices and machines is key to obtaining smart and sustainable manufacturing, and this is the main driver for the growth we see in the industrial networking market,” said Anders Hansson, Chief Marketing Officer at HMS Networks.

With industrial-grade design for operation in extreme environments, the xPico gateways feature automatic network connection management. Compatible with Lantronix ConsoleFlow™ cloud-based Software-as-a-Service (SaaS) platform, users gain centralized management, allowing them to view and manage globally distributed assets through a single pane of glass from virtually anywhere.

Ideal for use in a variety of applications, including industrial automation, medical devices, responsive retail and resource management, Lantronix xPico 200 Series features the xPico 270 Wi-Fi (802.11 a/b/g/n/ac), xPico 250 dual-band Wi-Fi (802.11 a/b/g/n) and the xPico 240 dual-band Wi-Fi (802.11 a/b/g/n) and Ethernet. The modules also provide a robust selection of other connectivity options for IoT applications, including Bluetooth/Bluetooth LE, Ethernet MAC, USB 2.0, UART, SPI and GPIO.

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.

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“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, 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, 2021, filed with the Securities and Exchange Commission (the “SEC”) on September 11, 2021, 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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