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Apple Inc. Message Board

  • twittyforever twittyforever Aug 7, 2013 8:43 PM Flag

    LTRX $1.63 Up 8c on 4 Times Average Volume...Great news/Great Products for iPhone/iPad/Androids...60c/share Cash...Persistent Insider Buying

    12-month target: $6++

    LTRX's new company management installed in 2012 is doing a superb job launching new products and executing on an aggressive growth plan. Examples:

    NEWS TODAY 8/7/2013 .... Lantronix Announces Global Availability of xPico(R) Wi-Fi(R) - 8/7/2013

    ....."Not only does the product significantly speed the time to market for our new designs, but the ability to access and manage device data from iPhones® and iPads®, as well as Android devices, puts us on the cutting edge......"

    NEWS YESTERDAY 8/6/2013...... Lantronix Expands Company's Asia Pacific Presence With Opening of New Office in Shanghai

    New Office in Major China Technology Hub to Deliver Localized Sales, Marketing and Custom Engineering to Customers in the Region

    Fiscal 2013 Progress:

    1)Executing on product development strategy with planned release of at least one new product to market per quarter,

    2) Expanding company marketing and sales efforts to drive new product revenue growth and sell our entire product portfolio globally.

    2013 Highlights

    Global Availability of xPico(R) Wi-Fi(R) - 8/7/2013
    New sales office in Shanghai, China announced 8/6/2013
    Revenue growth of 5% for the nine months ended March 31, 2013
    New product revenues beginning to ramp
    Launched 7 new products in FY 13 YTD
    Expected to be on target for new product launches into analog, wireless, and mobile printing markets
    Expanding sales channels and marketing efforts:
    - Ingram Micro - Europe
    - Arrow Electronics – Asia Pacific & Latin America
    - New sales office in Shanghai, China announced 8/6/2013
    - Mouser Electronics – Europe & Asia Pacific
    - Frys, Data Vision -N. America
    - Re-energized existing VAR relationships with new product pipeline, enhanced partner program and increased marketing

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