Lantronix Settles Patent Enforcement Suit Against USR IOT

IRVINE, Calif., Nov. 01, 2017 -- Lantronix, Inc. (NASDAQ:LTRX), a global provider of secure data access and management solutions for the industrial Internet of Things (IoT), today announced that it has settled the patent infringement lawsuit filed against Jinan USR IOT Technology, Limited. Lantronix filed the lawsuit in July 2017, in the Southern Division of the Central District of California in U.S. District Court to enforce certain United States patents covering Lantronix’s XPort^® family of Serial-to-Ethernet conversion products.

The suit alleged that the defendant’s SuperPort Products, including the USR-K1, USR-K2 and USR-K3, infringed Lantronix’s patents. Under the terms of the settlement, the defendant agreed to cease and desist the sale of the alleged infringing products in the United States.

"We are pleased that we were able to quickly settle this patent enforcement litigation on favorable terms," stated Jeff Benck, President and Chief Executive Officer of Lantronix. “We intend to aggressively pursue legal action against anyone that we believe is inappropriately using our intellectual property.”

Under the terms of the settlement, Lantronix reserved the right to enforce its foreign patents in other countries around the world. Lantronix’s XPort family of products is also protected by patents in several international jurisdictions, including Europe, China, Japan, Hong Kong and Malaysia.

About Lantronix 
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.

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Lantronix Contact:       
E.E. Wang
Director, Corporate Marketing and Investor Relations
[email protected]
[email protected]
949-614-5879

© 2017 Lantronix, Inc. All rights reserved. Lantronix and XPort are registered trademarks of Lantronix Inc.