Lantronix CEO Jeff Benck Named “CEO of the Year” in Annual IoT Breakthrough Awards Program
January 08 2019 - 8:30AM
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 Lantronix CEO, Jeff
Benck, has been selected as the winner of the “IoT CEO of the Year”
award from IoT Breakthrough, an independent organization that
recognizes the top companies, technologies and products in the
global Internet-of-Things (IoT) market today.
The mission of the IoT Breakthrough Awards program is to
recognize the innovators, leaders and visionaries from around the
globe in a range of IoT categories, including Industrial and
Enterprise IoT, Smart City technology, Connected Home and Home
Automation, Connected Car, and many more. This year’s program
attracted more than 3,500 nominations from companies all over the
world.
“Lantronix is a veteran technology company with a clear track
record of success, and Mr. Benck has propelled that track record
forward with a prosperous focus on innovation in the industrial IoT
market," said James Johnson, managing director at IoT Breakthrough.
“With consecutive years of growth in IoT and increasing
profitability, Mr. Benck’s operational skills and extensive
technology industry experience is leading Lantronix to impressive
results for customers and stakeholders. We’d like to congratulate
Mr. Benck on his IoT Breakthrough CEO of the Year award, and
congratulations to the entire Lantronix team on their success. We
look forward to continued IIoT innovation from the Company.”
Since Benck joined the company in 2016, Lantronix has
experienced rapid success and continued growth, including expanding
to more than 150 employees globally. The Company has delivered two
consecutive years of revenue growth, improved profitability and
cash position, and recently raised approximately $10M in a
secondary public offering to pursue its inorganic growth
strategy.
“I am very honored to receive this prestigious award which would
not have been possible without the support of the entire Lantronix
organization, without whose amazing efforts, the progress and
accomplishments we have achieved to date, would not have been
possible,” stated Lantronix CEO Jeff Benck. “The Lantronix culture
has always been centered around customer success and innovation and
with our renewed focus on industrial IoT, I am very proud of
our new innovative IoT gateway products and the strong OEM customer
traction and industry response we have been receiving.”
About IoT Breakthrough IoT Breakthrough, part
of the Tech Breakthrough Awards organization, is devoted
to honoring excellence in Internet-of-Things technologies,
services, companies and products. The IoT Breakthrough Awards
program provides a forum for public recognition around the
achievements of IoT companies and products in categories including
Connected Home and Home Automation, Connected Car, Industrial IoT
(IIoT) and Smart City, Consumer IoT and more. For more information
visit www.IoTBreakthrough.com.
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.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.
Lantronix Media, Analyst, and Investor
Contact:
Shahram MehrabanVP,
Marketingmedia@lantronix.cominvestors@lantronix.com
949-453-7175
© 2018 Lantronix, Inc. All rights reserved.
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