IRVINE, Calif., June 10, 2020 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global provider of intelligent edge and secure data management solutions for the industrial Internet of Things (IoT), today announced that Misty Robotics, with the support of Lantronix, has created Misty II. An open-platform robot, Misty II has built-in applications for education, eldercare and COVID-19 transmission prevention in addition to extensive development capabilities. Qualcomm® Robotics solutions from Qualcomm Technologies Inc. are integrated into Misty II.“For robots to become a part of our everyday lives, developers need an accessible robot platform upon which to build,” said Morgan Bell, Head of Engineering for Misty Robotics. “Working with Lantronix and its Intelligent Edge Solutions (IES) platform, we created Misty II with the performance and development capabilities needed for meaningful tasks and customization for business, home healthcare and educational use.”“Lantronix’s role in the creation of Misty II is a direct result of our expanded offerings in edge computing and engineering services attributed to our recent acquisition of Intrinsyc Technologies Corporation,” said Paul Pickle, CEO of Lantronix. “Our expanded strengths enable us to offer Intelligent Edge Solutions that address a wide variety of development and manufacturing needs to support our customers’ visions — ranging from robotics to medical solutions to the fight against COVID-19.”Challenge: Create an Open-Platform Robot for Use in Business, Home and EducationMisty Robotics turned to Lantronix to co-create an open-platform robot that could perform human-like tasks with a personality and perception abilities as well as serve as the basis for additional application development.In addition to having the powerful technology needed for a useful robot, the Misty II platform needed to be easy to program and have expandable capabilities. The ultimate goal was to create an open platform so developers from around the world could contribute to Misty’s growth.Solution: A Platform Robot That Invites Everyone to ContributeLantronix used its expertise to help Misty Robotics incorporate Qualcomm Robotics solutions into the design. Misty’s hardware includes two IES System on Modules (SOMs) based on solutions from Qualcomm Technologies.The IES Open-Q™ 820Pro µSOM is equipped with a Qualcomm® APQ8096SG application processor for visual and acoustic processing while the Open-Q™ 410 SOM is equipped with a Qualcomm® APQ8016E application processor running Windows 10 IoT Core for UI/UX and programmability. Also included is the Qualcomm® Aqstic™ Audio Codec (WCD9335) for advanced audio processing purposes.Misty’s software utilizes the Qualcomm® Artificial Intelligence (AI) Engine for object detection and machine learning, Qualcomm® Noise and Echo Cancellation and Qualcomm® Voice Activation for which Lantronix enabled Qualcomm® Hexagon™ DSP-based voice activation for APE-mode keyword detection for the “Hey Misty” custom keyword detection.Working with Qualcomm Technologies’ robotics and audio team, Lantronix helped to facilitate advanced audio and keyword tuning. Advanced audio features for beam forming and noise reduction were key features to aid users interacting with Misty while in noisy environments.Lantronix design services were leveraged by Misty Robotics to develop many other software capabilities, including camera management, audio management, display panel support, audio topology support using multiple microphones and speaker output, inter-processor communication, battery charging and tuning of noise suppression. Lantronix also helped with hardware design reviews and FCC certification testing support.Results: A Platform Robot With Unlimited PotentialAn innovator in product development services and edge computing modules, Lantronix helped Misty Robotics take full advantage of robotics solutions from Qualcomm Technologies to create Misty II, an open robotics development and learning platform.Misty’s capabilities include:An industrial yet approachable design with a fully articulating head and screen face capable of conveying an impressive array of expressions and personality and the ability to respond to touchSpatial awareness and mapping that allows her to move freely on her motor-driven treads, including the ability to travel to her charging station when low on batteryHigh-resolution camera and object detection capabilities that let her detect people’s faces and other visual informationFar-field microphones and audio processing capabilities that give her the ability to hear speech while filtering out background noiseAdvanced audio and keyword tuningAbility to record video and audio data and share it with other devices or use her screen and speakers to stream data shared with her by other devicesThe true potential lies in Misty’s customization. Both her hardware and software can be modified with ease. For example:Misty’s arms, headpiece and other appendages serve as attachment points so developers can build their own custom hardware attachments for unique tasksA software development kit makes programming easy without prior robotics trainingMisty is capable of integration with third-party APIsMisty can be programmed for unique skillsApplication templates are available from the Misty development communityHardware and software modifications can be shared with the communityResults: An Impressive Robot for Today With Unlimited Potential for TomorrowBuilt for exceptional performance, Misty has an impressive array of capabilities and gives developers the opportunity to build meaningful robot applications. With Misty, developers don’t need to worry about building their own robots. Utilizing Misty’s open platform, developers can devote their attention to implementing their ideas and sharing them with the world.Misty’s applications include:Education. Misty’s straightforward software development kits and hardware customization provide an incredibly engaging opportunity for students to learn programming, robotics and more.Eldercare. Misty can be used in the growing eldercare industry to promote independence and quality of life. She can serve as a senior assistant by connecting to smart home appliances, monitoring falls and providing medication reminders all while supplying companionship with her convincing personality.COVID-19 Protection and Prevention. Misty can help keep people safe from illnesses such as COVID-19. Currently under development are applications that enable Misty to move through a building to sanitize doorknobs and other surfaces that are frequently touched. Other applications will allow her to question visitors for symptoms of illness and use infrared cameras to check their temperatures for fevers, reducing the risk of exposure.Social Use. Misty will also have applications that enable her use as a greeter, receptionist, delivery agent, security monitor and more.“Misty’s most promising applications may have yet to be discovered. She has the potential to tap into the imagination of millions of developers who aspire to work with robots, helping shape the future of the industry,” said Morgan Bell, Head of Engineering for Misty Robotics.For more, visit the complete case study.Lantronix acquired Intrinsyc Technologies Corporation, a leading provider of solutions for the development of embedded and IoT products, in January 2020. With this acquisition, Lantronix acquired edge computing and design capabilities crucial to the development of intelligent IoT solutions.About Lantronix
Lantronix, Inc. is a global provider of engineering services, hardware, and software solutions for Edge Computing, the Internet of Things (IoT), and Out-of-Band Management (OOBM). Lantronix enables its customers to provide reliable and secure IoT Intelligent Edge and OOBM solutions while accelerating time to market. Lantronix’s products and services dramatically simplify the creation, development, deployment, and management of IoT projects while providing quality, reliability and security across hardware, software, and solutions.With three decades of proven experience in creating robust IoT technologies and OOBM solutions, Lantronix is an innovator in enabling its customers to build new business models, leverage greater efficiencies and realize the possibilities of the Internet of Things. Lantronix’s solutions are deployed inside millions of machines at data centers, offices, and remote sites serving a wide range of industries, including energy, agriculture, medical, security, manufacturing, distribution, 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.“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Any statements set forth in this news release that are not entirely historical and factual in nature, including without limitation statements related to our solutions and technologies, our assistance in the creation of Misty II an open-platform robot, our acquisitions, our corporate strategy, and their potential effects on revenue on future business and on our performance, are forward-looking statements. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; the impact of the COVID-19 outbreak on our employees, supply and distribution chains, and the global economy; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2019, filed with the Securities and Exchange Commission (the “SEC”) on September 11, 2019, including in the section entitled “Risk Factors” in Item 1A of Part I of such report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. The forward-looking statements included in this release speak only as of the date hereof, and we do not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.Lantronix Media Contact:
Gail Kathryn Miller
Corporate Marketing &
949-453-7158Lantronix Analyst and Investor Contact:
Chief Financial Officer
Americas +1 (800) 422-7055 (US and Canada) or +1 949-453-3990
Europe, Middle East and Africa +31 (0)76 52 36 744
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India +91 994-551-2488© 2020 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark, and EMG, and SLC are trademarks of Lantronix Inc. Other trademarks and trade names are those of their respective owners.Qualcomm, Hexagon, and Qualcomm Aqstic are trademarks of Qualcomm Incorporated, registered in the United States and other countries.
Qualcomm Robotics, Qualcomm APQ8096SG, Qualcomm APQ8016E, Qualcomm Aqstic, Qualcomm AI Engine, Qualcomm Noise and Echo Cancellation, Qualcomm Voice Activation and Qualcomm Hexagon are products of Qualcomm Technologies, Inc. and/or its subsidiaries.A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a67aae53-8bdc-419e-8c11-b2f230183fc7
The Global Autonomous Vessels Market is expected to grow from USD 13,769.50 Million in 2019 to USD 21,784.01 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 7.94%
New York, July 10, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Autonomous Vessels Market Research Report by Fit, by Type, by Automataion, by Solution, by Users – Global Forecast to 2025 – Cumulative Impact of COVID-19” – https://www.reportlinker.com/p05913503/?utm_source=GNW
On the basis of Fit, the Autonomous Vessels Market is studied across Line Fit and Retrofit.Clare: email@example.com
Intl: +1 339-368-6001
CORRECTION – OMNIQ’s Artificial Intelligence-Based Quest Shield™ Solution Selected by the Talmudical Academy of Baltimore
SALT LAKE CITY, July 10, 2020 (GLOBE NEWSWIRE) — In a release issued under the same headline on June 1, 2020 by OMNIQ, Inc. (OTCQB:OMQS), please be advised that the second paragraph as originally issued contained certain inaccuracies, not related to financial results or projections, which have been corrected below.Quest Shield™ security package provides a proactive ground-breaking cloud-based solution for crime prevention on campuses and in schools using automatic Machine Vision detection and identification of vehicles by license plate, make and color via an AI-based identification algorithm
Real-time alert and notification to law enforcement authorities to actively prevent potential tragediesTechnology developed in Israel, previously deployed with success in sensitive security zones in the U.S., Middle East and elsewhereAddressing Covid-19 concerns, students will be equipped with a contactless, readable ID tag verifying pre-screened temperature test clearanceTalmudical Academy in Baltimore has over 1,000 students and is part of the Chofetz Haim educational chain with more than 35 locations in the U.S., Canada and IsraelOMNIQ, Inc. (OTCQB:OMQS) (“OMNIQ” or “the Company”), announces that it has been selected to deploy its Quest Shield™ campus safety solution at the Talmudical Academy of Baltimore in Maryland.The Quest Shield™ security package uses the Company’s AI-based SeeCube™ technology platform, a ground-breaking cloud-based/on-premise security solution for Safe Campus/School applications. The platform provides unique AI-based computer vision technology and software to gather real-time vehicle data, enabling the Quest Shield™ to identify and record images of approaching vehicles including color, make and license plate information. The license plate is then compared against the school’s internal watch list to provide immediate notifications of unauthorized vehicles to security and administrative personnel. In addition to providing a vehicle identification and recognition solution to the Talmudical Academy, the Quest Shield™ comprehensive security platform addresses other security concerns including controlling access to the buildings and visitor management as well as the ability to pre-register guests for school activities. Additionally, as part of COVID-19 mitigation, parents in Maryland will be asked to take and record their child’s temperature each day before they leave for school. Quest Shield™ will automate this process, by providing parents an online form where they may record the temperature. All Talmud Academy students will be equipped with an ID tag that will have a QR code that can be read with a barcode scanner. As students enter campus, faculty equipped with Quest handheld scanners will read the barcode to confirm that the student’s temperature has been taken that day; if the form has not been filled in, faculty will check temperatures before allowing students inside. Shai Lustgarten, CEO of OMNIQ, commented: “It is our privilege to work with the Talmudical Academy to provide our solution to enhance safety at their Baltimore campus. Quest Shield™ is an extension of the homeland security solution we designed for the Israeli authorities to fight terrorism and save lives.”Rabbi Yaacov Cohen, Executive Director, Talmudical Academy of Baltimore, commented: “Concern about campus safety and the safety of our students and faculty drove the Talmudical Academy to seek ways to implement new strategies aimed at preventing crimes and violence that may be committed on the school grounds. The unfortunate reality today is that situations we could never imagine just a few years ago are happening now with increasing regularity. Most security systems that are currently being deployed on other campuses are good at recording events subsequent to crimes being committed. With Quest Shield™, we have an opportunity to alert personnel and Law Enforcement ahead of any sign of violence.”Mr. Lustgarten added: “The Quest Shield™ has been tailored to provide a proactive solution to improve security and safety in schools and on campuses as well as community centers and places of worship in the U.S. that have unfortunately become a target for ruthless attacks. We’re pleased to work with a forward-thinking organization like the Talmudical Academy, it is gratifying that the Academy selected the Quest Shield™ platform to strengthen its security precautions.”“Additionally, many schools and communities are expressing concern around children returning to school in the fall due to COVID-19. With that in mind, Talmudical Academy will also employ the Quest Shield™ to provide an automated screening process to confirm that students have had their temperatures checked, per Maryland regulation, upon their arrival on campus and prior to them entering the school facilities.”Mr. Lustgarten concluded, “We are proud to be able to improve student safety in the U.S., as well as in other vulnerable communities. Quest Shield™ has previously been implemented by a pre-K through Grade 12 school in Florida and at a Jewish Community Center in Salt Lake City. We look forward to working closely with the Academy and other institutions to promote the health and safety of students, faculty and support personnel.”About OMNIQ, Corp.
OMNIQ Corp. (OMQS) provides computerized and machine vision image processing solutions that use patented and proprietary AI technology to deliver data collection, real time surveillance and monitoring for supply chain management, homeland security, public safety, traffic & parking management and access control applications. The technology and services provided by the Company help clients move people, assets and data safely and securely through airports, warehouses, schools, national borders, and many other applications and environments.
OMNIQ’s customers include government agencies and leading Fortune 500 companies from several sectors, including manufacturing, retail, distribution, food and beverage, transportation and logistics, healthcare, and oil, gas, and chemicals. Since 2014, annual revenues have grown to more than $50 million from clients in the USA and abroad.
The Company currently addresses several billion-dollar markets, including the Global Safe City market, forecast to grow to $29 billion by 2022, and the Ticketless Safe Parking market, forecast to grow to $5.2 billion by 2023. Information about Forward-Looking Statements
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
This release contains “forward-looking statements” that include information relating to future events and future financial and operating performance. The words “anticipate”, “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for the Company’s products particularly during the current health crisis, the introduction of new products, the Company’s ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company’s liquidity and financial strength to support its growth, the Company’s ability to manage credit and debt structures from vendors, debt holders and secured lenders, the Company’s ability to successfully integrate its acquisitions, and other information that may be detailed from time-to-time in OMNIQ Corp.’s filings with the United States Securities and Exchange Commission. Examples of such forward looking statements in this release include, among others, statements regarding revenue growth, driving sales, operational and financial initiatives, cost reduction and profitability, and simplification of operations. For a more detailed description of the risk factors and uncertainties affecting OMNIQ Corp., please refer to the Company’s recent Securities and Exchange Commission filings, which are available at http://www.sec.gov. OMNIQ Corp. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by law.Investor Contact:
John Nesbett/Jen Belodeau
IMS Investor Relations
U.S. Dairy Delivers Sustainable Ingredient Solutions + Global Product Inspirations
Arlington, VA, July 10, 2020 (GLOBE NEWSWIRE) — The versatility and functionality of U.S. dairy ingredients will be on display, virtually, at the Institute of Food Technologists (IFT) annual expo, being held next week. At a pre-IFT special access webinar held July 7, the U.S. Dairy Export Council (USDEC)’s leadership shed light on the U.S. dairy industry’s ambitious sustainability goals for 2050, announced upcoming scientific sessions and previewed exciting technical and innovation resources for IFT attendees to learn how U.S. Dairy delivers on consumer demand for global taste adventures, balanced nutrition and sustainable food production.Education around the industry’s sustainability efforts is a key component of USDEC’s virtual IFT presence this year, as it aims to shine a light on the aggressive new environmental stewardship goals set this spring which include becoming carbon neutral or better by 2050 in addition to optimizing water usage and improving water quality. These goals build on a decades-long commitment to producing nutritious dairy foods that can feed a growing global population in the most economically viable and socially responsible way. They align with the United Nations Sustainable Development Goals, specifically those focused on food security, human health and responsible stewardship of natural resources, including animals.“We want to be the source of choice when you think about a partner who can not only help nourish people, but also the planet,” said Krysta Harden, Executive Vice President of Global Environmental Strategy for Dairy Management Inc. and Interim Chief Operating Officer at USDEC, during the webinar. “Collectively passing new and aggressive goals is just one way U.S. Dairy can prove we are a global leader in this area.”Consumers and manufacturers alike might be surprised to learn that of all greenhouse gas emissions in the United States, the dairy industry — from feed production to post-consumer waste — currently contributes only 2%. USDEC developed a short quiz to encourage people to test their sustainability knowledge and learn other fun facts.“Innovation continues despite these challenging times and U.S. Dairy resources and expertise can support successful product development,” said Vikki Nicholson-West, Senior Vice President – Global Ingredient Marketing at USDEC. “We’re thrilled to have Krysta’s talents and sustainability focus on board as our new interim COO, guiding our extensive network of staff and representatives around the world.”USDEC’s virtual IFT presence this year also serves as an opportunity to virtually travel and visually experience foods from around the world through a showcase of globally-inspired, fusion-style menu/product prototype concepts. From drinks to desserts, these examples capitalize on popular trends such as the popularity of Latin American influences. For example, high quality dairy ingredients such as Greek-style yogurt, whey protein, milk permeate, paneer cheese and butter round out a savory empanada that boasts 85g of protein. WPC 34 adds quality protein to a Piña Colada (alcoholic or non-alcoholic), providing extra refreshing permission for indulgence.Beyond learning about U.S. dairy’s sustainability journey and seeing innovative product concepts at USDEC’s virtual IFT booth, there are also a variety of dairy-related online scientific symposia debuting that navigate the evolving processing and nutritional landscape, particularly addressing the important role of sustainable food production and the challenge of providing valuable nutrition to the growing global population. These include:Protein Processing 2.0— Next Gen Scalable Technologies for Advancing the Functionalization and Sustainable Production of Protein IngredientsArtificial Intelligence and Machine Learning – For a Safer, Better, and Sustainable FoodNutrient Profiling – From the Global Landscape to the Evidence BasePlant-based eating patterns vs. plant-based foods – Why distinguishing between the two is vital for industry, research, and consumersTo learn more about how U.S. Dairy is delivering sustainable ingredient solutions and global product inspirations during virtual IFT, visit ThinkUSAdairy.org/IF20. ### About U.S. Dairy Export CouncilThe U.S. Dairy Export Council® (USDEC) is a nonprofit, independent membership organization that represents the global trade interests of U.S. dairy producers, proprietary processors and cooperatives, ingredient suppliers and export traders. USDEC aims to enhance U.S. global competitiveness through programs in market development that build global demand for U.S. dairy products, resolve market access barriers and advance industry trade policy goals. As the world’s largest producer of cow’s milk, the U.S. dairy industry offers a sustainably produced, world-class and ever-expanding portfolio of cheese varieties as well as nutritional and functional dairy ingredients (e.g., skim milk powder, lactose, whey and milk proteins, permeate). USDEC, together with its network of overseas representatives around the world, also works directly with global buyers and end-users to accelerate customer purchasing and innovation success with quality U.S. dairy products and ingredients.Attachment07102020 release photoErica Davis
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