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  • jcsoria2008 jcsoria2008 Aug 7, 2013 11:23 AM Flag

    LTRX $1.6 UP!....HUGE NEWS TODAY & YESTERDAY:...XPICO WI-FI GLOBAL LAUNCH.. NEW SHANGHAI OFFICE ...IPHONE/IPAD PRINTING DEVICES..PERSISTENT INSIDER BUYING....SOLID BALANCE SHEET

    12-MONTH TARGET: $6+

    NEWS TODAY 8/7/2013

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

    "We have already found the new xPico Wi-Fi to be an easy-to-use, yet incredibly powerful chip alternative for our designs," said Claudio Foscan, head of development for technology and engineering consulting firm ECOnovis Engineering AG. "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

    INVESTMENT HIGHLIGHTS:

    - EXPANDING DOMESTICALLY & GLOBALLY
    - SOLID BALANCE SHEET (59c/share cash no debt)
    - HEAVY INSIDER BUYING (All buys - no sales)
    - LOW FLOAT (7 Million shares)
    - 0.4 X SALES
    - LAUNCHING NEW PRODUCTS EVERY QUARTER (EXAMPLE: NEW $99 DEVICE ALLOWS DIRECT PRINTING FROM IPHONE & IPADS...IDEAL FOR HOME & OFFICE NETWORKING...& MANY OTHERS)
    - SIGNIFICANT & AGGRESSIVE GLOBAL EXPANSION
    -TOTALLY UNDER THE RADAR BUT NOT FOR LONG

    New leadership brought in 2012 is making significant progress to position LTRX for accelerated profitable growth:

    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.
    FY 2013 Progress Highlights:

    Lantronix Announces 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

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