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IRVINE, Calif., Aug. 13, 2018 (GLOBE NEWSWIRE) -- Lantronix, Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure data access and management solutions for the industrial Internet of Things (IoT), today announced that it has been added into the LD Micro Index, effective August 2, 2018.
The LD Micro Index is designed to give the most accurate representation of the intraday activity of microcap stocks in North America. It employs a mixture of screening for inclusion and manual exclusion where deemed appropriate. The index is market cap weighted and is comprised of approximately 1,014 stocks in the U.S. and Canada with market capitalizations between $50 million and $300 million. For more information, please visit: https://www.ldmicro.com/the-index
"I am honored to welcome Lantronix to the LD Micro Index,” stated Mr. Chris Lahiji, Founder of LD Micro. “Lantronix is a leader in the fast-growing Internet of Things market, and coupled with the strong board of directors and experienced management team, is an ideal representation of the under-followed growth company that the index is meant to showcase.”
"We are extremely pleased to join the LD Micro Index at such a key inflection point in our company’s history,” stated Jeff Benck, CEO and president of Lantronix. “This inclusion is a testament to the solid execution by our team on our strategic initiatives that we have embarked on for the past two years.”
Lantronix, Inc. is a global provider of secure data access and management solutions for Internet of Things (IoT) assets. Our mission is to be the leading supplier of IoT solutions that enable companies to dramatically simplify the creation, deployment, and management of IoT projects while providing secure access to data for applications and people.
With more than two decades of experience in creating robust machine to machine (M2M) technologies, Lantronix is an innovator in enabling our customers to build new business models and realize the possibilities of the Internet of Things. Our connectivity solutions are deployed inside millions of machines serving a wide range of industries, including industrial, medical, security, transportation, retail, financial, environmental and government.
Lantronix is headquartered in Irvine, California. 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.
© 2018 Lantronix, Inc. All rights reserved.