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Lantronix agrees wireless medical deal for M2M device networking

Lantronix : 25 June, 2007  (New Product)
Lantronix has signed a multi year product development and supply agreement with a leading manufacturer of blood glucose monitoring solutions.
Lantronix will develop a custom, battery operated version of its commercially available WiBox 802.11 b/g wireless device server for the manufacturer's medical point-of-care application.

'Interest in M2M device networking among medical device manufacturers and end user point-of-care sites has been growing, particularly for applications using 802.11 LAN wireless technologies', said Marc Nussbaum, president and chief executive officer of Lantronix.

'We identified the medical market as an area of high M2M growth potential several years ago, and the announcement represents the company's largest contract for wireless M2M products to date, reflecting our successful penetration of this emerging opportunity'.

Nussbaum continued, 'We are currently engaged in evaluation and design-in activity at many medical equipment manufacturers, including several Fortune 100 companies and brand leaders in the medical device market'.

'Revenues in the first nine months of fiscal 2007, from wireless product sales, contributed approximately 10 percent to total revenues, and sales of wireless products are expected to accelerate significantly in fiscal year 2008'.

According to Frost and Sullivan, the US medical device market - including both electronic and passive devices - will reach $8.6 billion in 2008.
Initial shipments under the above referenced agreement are expected to begin in the third fiscal quarter of 2008 and contribute to second half fiscal year 2008 revenues.

The WiBox 802.11 b/g is a dual-port wireless device server that enables virtually any piece of electronic equipment with a serial interface to be connected to 802.11 b/g networks quickly and easily.

This innovative core technology was enhanced and packaged specifically for use in the customer's medical point-of-care application by merging wireless communications, a web server, the highest security protocols available, a built-in battery and intelligent power management into a customised 2in x 4in enclosure.

With its break-through power management technology, the small battery powered product is capable of operating for multiple days at a time between recharge cycles.

Lantronix offers a full line of external and embedded 802.11 b/g wireless device servers including: MatchPort b/g, an embedded wireless device networking module (and the first in a family of pin/form-factor compatible wired and wireless modules); WiPort, the company's first wireless embedded device server; WiSpan, an external Ethernet-to-wireless bridge device; and XPress-DR+ Wireless, a rugged wireless device server designed for industrial applications.
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