Lantronix Expands Family of M110 Mobility Solutions With New M114 CAT-1BIS Modem, Pre-Configured With Percepxion IoT Software
March 20 2024 - 3:00AM
Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and
connectivity IoT solutions, today announced the addition of the new
M114 CAT-1BIS modem to its family of M110 mobility solutions.
Available now in EMEA markets, the M114 CAT-1BIS is a
serial-to-cellular modem that comes pre-configured with Lantronix’s
new Percepxion™ IoT software to provide secure, comprehensive
device lifecycle management at the edge.
“The cellular router and gateway market is driven by the growing
need to connect assets and workforces in remote and temporary
locations as enterprises digitalize their operations,” said Jacques
Issa, vice president of Marketing at Lantronix Inc. “A trusted
resource for IoT solutions that deliver reliable and secure
connectivity at the edge, Lantronix is pleased to expand its M110
mobility solutions family with the new M114 CAT-1BIS modem.”
According to Berg Insight, the estimated annual global shipments
of cellular modems/gateways amounted to 5.6 million units in 2022,
which generated annual revenues of $1.4 billion with the market
value in the European region accounting for $366 million. Berg
Insight also forecasts that the global market will grow at a CAGR
of 12.1 percent in the next five years, reaching $2.5 billion in
2027.
Delivered in a cost-effective, small form factor, the low-power
M114 CAT-1BIS modem provides serial-to-cellular communication with
the coverage, reliability and speeds of the existing CAT-1 network,
using a single antenna design. It is ideal for industrial
applications, including automation, M2M, door control systems,
escalators, elevators and machine sensors.
The M114BIS modem’s key features include:
- Compact Design. With a low footprint and small
form factor (60 x 66 x 21.7 mm), M114BIS is ideal for use where
space is at a premium.
- Low-Power Consumption. Its low-power
requirement makes it ideal for remote applications where power may
be limited or where power efficiency is important.
- Speedy Device Deployment and Remote
Management. The M114BIS is pre-configured for use with
Lantronix’s Percepxion Cloud IoT Edge Solutions Platform which
delivers a single pane-of-glass for device deployment and lifecycle
management.
- Connectivity Services. The M114 CAT-1BIS is
compatible with Lantronix Connectivity Services, an IoT cellular
platform that simplifies connecting a global array of IoT devices
on every network using a single Global or EMEA SIM card.
Learn more about Lantronix’s M110 series gateways here.
About LantronixLantronix Inc. is a global
provider 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
succeed 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.
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that are not entirely historical and factual in nature, including
without limitation statements related to our solutions,
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© 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 MillerCorporate Marketing &Communications
Managermedia@lantronix.com949-212-0960
Lantronix Analyst and Investor
Contact:Jeremy WhitakerChief Financial
Officerinvestors@lantronix.com 949-450-7241
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/47250d57-73d8-480e-93a8-f4235addd019
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