Category: South Africa

LM4 Platform Brings Affordable Management Automation to IDFs and Small Sites

LM4 Out-of-Band Management Platform

The industry’s first console server designed for Intermediate Distribution Frames (IDF’s)

IRVINE, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling AI Edge intelligence, will debut its new LM4 AI-powered Out-of-Band Management (OOBM) platform at Stand A10 during Cisco Live, February 10–14, 2025, at Amsterdam RAI. Lantronix’s LM4 is the industry’s first console server specifically designed, sized and priced for Intermediate Distribution Frames (IDFs) and compact environments such as ATMs, kiosks, and network aggregation points. Engineered for healthcare, finance, utilities, telecommunications, government, retail and manufacturing, the LM4 delivers enterprise-grade automation, compliance and cybersecurity capabilities, leveraging technology proven in military and financial networks.

“We’re excited to introduce the LM4 Out-of-Band Management platform, which enables our customers to leverage rules-based AI for secure, reliable and automated network infrastructure recovery and mitigation,” said Mathi Gurusamy, chief strategy officer at Lantronix. “At Lantronix, we are committed to enabling network management automation with innovative solutions that enable our customers to be more efficient, secure and bottom-line focused.”

Serial console servers represented a $320 million worldwide market in 2024 and are growing at a steady 7 percent rate to a projected $391 million in 2026, according to the Dell’Oro Group.

Out-of-Band Management Everywhere

An advanced out-of-band management platform, the small yet powerful LM4 provides access, continuous monitoring and automated remediation of issues as well as control of network infrastructure devices. Operational whether the network is up or down, the expert system uses rules-based AI to recover and mitigate network infrastructure automatically, including reliable and secure access to remote gear during an outage. With up to four ports of serial console connections for directly managing gear plus support for up to 48 virtual ports, the LM4’s compact size and affordable price enables network managers to utilize out-of-band everywhere, including many locations previously considered too small and numerous for advanced out-of-band management.

Running the powerful LMOS software, the LM4 brings the power of NOC-based software to the network’s edge to create a separate management plane in the rack with network infrastructure. With continuous monitoring and automated runbook responses, the LM4 can detect and solve issues before traditional NOC-based tools even know there is an issue. LMOS features a granular authorization model that integrates with existing access controls as well as automated change management functions, including the ability to store multiple config and OS files with local backups to enable automated rollback of failed config changes.

Standardize on Lantronix LM-Series Solutions for Enterprise-Grade OOB Management

The LM4 runs the same LMOS software as the LM83X and LM80 console servers, expanding the LM-Series console access options anywhere from 2–104 ports. The LM-Series is centrally managed by the Lantronix Control Center, which is available to run on-premises as a VM or hosted in the cloud. Lantronix’s LM-Series products allow customers to standardize their out-of-band management and deploy enterprise-grade functionality and AI-driven automation at all points in the network. The result is a more resilient network that’s easier to manage with fewer issues, reduced support truck rolls and stronger security and compliance.

Lantronix is the go-to source for innovative out-of-band solutions, providing a suite of reliable, secure and easy-to-deploy platforms, all supported by its exceptional service team.

Also being shown at Cisco Live are:

Out-of-Band Management Solutions

• LM83X, delivering AI-driven out-of-band management of 8–104 devices over serial console connections in a scalable and robust console server with dual power inputs.
• LM80, providing a fixed 8-port serial AI-driven out-of-band management solution that can automate a majority of routine IT maintenance and recovery tasks quickly and error-free.
• Lantronix Control Center, a single pane of glass for managing all LM-series devices for secure remote access as well as for automating management of each of the connected network infrastructure devices. It is a single source for Authorization-Authentication-Accounting (AAA) controls, creating monitoring and action rules without scripting, centrally archiving both monitored device operating system and configuration files and compliance reporting.

Reliable Gateways and Console Servers With Trusted Performance

• EMG 8500, Lantronix’s Edge Management Gateway that provides secure remote access for branch offices, remote locations, retail stores or anywhere an offsite network device gateway is needed and where space is limited.
• SLC 8000: Advanced Console Manager, providing secure access to IT equipment with 8–48 ports of RS-232 and USB console connections.
• G520 Series, Lantronix’s next-generation IoT cellular LTE CAT 4G and 5G gateway designed for industrial applications, including pre-enabled Percepxion Edge Solution Platform to increase operational efficiency and prevent cyber-attacks.
• X300 Series, a Cellular Compact IoT Gateway Solution that includes Lantronix’s IoT gateway hardware and centralized device management, cellular data, enhanced security and expert technical support in an all-in-one package.

Expert Technical Support

• LEVEL Technical Services, providing dedicated technical support experts to assist with implementing out-of-band deployments and limited lifetime equipment warranties.

About Lantronix

Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth markets, including Smart Cities, Enterprise and Transportation. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that enable AI Edge Intelligence. Lantronix’s advanced solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

For more information, visit the Lantronix website.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to Lantronix leadership. 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; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; 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, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024, including in the section entitled “Risk Factors” in Item 1A of Part I of that 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. In addition, actual results may differ as a result of additional risks and uncertainties of which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

©2025 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

Lantronix Media Contact:
Gail Kathryn Miller
Corporate Marketing &
Communications Manager
[email protected]

Lantronix Analyst and Investor Contact:
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bce840fa-a24a-413e-96ca-23443e7d1d6b

GlobeNewswire Distribution ID 9352539

Broker to showcase their capital allocation program, Axi Select, Manchester City memorabilia, and more

SYDNEY, Feb. 04, 2025 (GLOBE NEWSWIRE) — Leading online FX and CFD broker Axi announced that it is attending this year’s Money Expo Mexico, taking place on February 26-27, 2025, at Centro Citibanamex.

Event attendees will have the opportunity to learn about Axi Select, Axi’s innovative capital allocation program designed to empower ambitious traders on their trading journey, as well as meet Axi Select traders who are well on their way to reaching the $1million milestone. “We invite all traders to visit our team at Booth 14 and uncover the future of trading with Axi,” says Greg Rubin, Head of Axi Select at Axi, before adding “We look forward to networking with fellow traders and showcasing the exceptional benefits of Axi Select. Our program features zero registration fees, capital funding of up to $1,000,000 USD, the opportunity to earn up to 90% of the profits, and advanced tools to accelerate traders’ trading potential.”

Additionally, visitors can explore their Introducing Broker (IB) and Affiliate programs or learn more about Axi’s longstanding partnership with Manchester City, Premier League Champions. Man City memorabilia and the club’s mascots will be on-site for photos and attendees stand the chance to win exciting prizes from the broker, including signed player shirts and other merchandise.

The broker has a longstanding partnership with Premier League club, Manchester City FC, as well as LaLiga club, Girona FC, and Brazilian club, Esporte Clube Bahia. In 2023, they also announced England international John Stones as their Brand Ambassador. More recently, the broker was recognised with the ‘Innovator of the Year’ award at the 2024 Dubai Forex Expo, as well as being named ‘Most Innovative Proprietary Trading Firm’ by Finance Feeds.

The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available to AU, NZ, EU and UK residents. For more information, refer to our Terms of Service.

About Axi

Axi is a global online FX and CFD trading company, with thousands of customers in 100+ countries worldwide. Axi offers CFDs for several asset classes including Forex, Gold, Oil, and more.

For more information or additional comments from Axi, please contact: [email protected]

GlobeNewswire Distribution ID 1001046428

TAMPA, Fla., Feb. 03, 2025 (GLOBE NEWSWIRE) — AACSB International (AACSB) released a new report, GenAI Adoption in Business Schools: Deans and Faculty Respond, informed by survey input from business school deans and faculty. The report explores how these groups are navigating the opportunities and challenges of generative AI (GenAI), focusing on the practical use of GenAI in teaching, research, and governance. It offers valuable insights into the adoption trends and strategic priorities within business schools globally.

Key Survey Findings
Conducted separately among faculty and deans, the surveys reveal shared and diverse perspectives and priorities, highlighting the need for coordinated efforts to drive meaningful progress in GenAI adoption.

• Optimism vs. Skepticism: Deans express greater optimism about GenAI’s potential, while faculty are generally more cautious, citing concerns about ethical implications and readiness. Despite this disparity, both groups agree on the importance of integrating GenAI across teaching, research, and governance.
• Proficiency and Usage: Most survey respondents identify as novice or intermediate users of GenAI. Faculty primarily use GenAI for tasks like content creation and summarization in teaching, while they remain more hesitant about using the technology for research applications like data analysis, citing data integrity issues.
• Ethical Concerns and Governance: Issues such as plagiarism, data privacy, and academic integrity are highlighted as major barriers to more widespread adoption. Although nearly half of the deans report existing AI policies at their institutions, many schools lack actionable guidance, signaling a need for clearer governance.
• Educational Potential and Risks: Both faculty and deans recognize GenAI’s role in enhancing creativity and problem-solving while also posing risks to critical thinking. Striking a balance between AI integration and traditional pedagogy remains a key priority.
• Resource Allocation: Schools are focusing on integrating GenAI into curricula using existing resources, with limited efforts directed toward expanding or redesigning current infrastructure.
• Training Opportunities: A mix of self-directed learning and structured institutional support is preferred for skill development. However, low engagement with formal credentialing programs presents an opportunity for schools to expand training pathways.

AACSB’s findings emphasize the importance of promoting collaboration among educators, administrators, and institutional leaders to address challenges and responsibly leverage GenAI’s potential. The organization is committed to supporting business schools with actionable resources and insights to navigate the evolving AI landscape.

Support for this report is provided by the Kogod School of Business at American University. Learn how the Kogod School is preparing the business leaders of tomorrow at kogod.american.edu.

To read the full report, visit aacsb.edu/genai-adoption. For media inquiries or to arrange an interview with one of AACSB’s thought leaders about this report, please contact [email protected].

About AACSB International

Established in 1916, AACSB International (AACSB) is the world’s largest business education association, connecting educators, learners, and businesses to create the next generation of great leaders. With members in over 100 countries and territories, AACSB elevates the quality and impact of business schools globally. Learn how AACSB and business schools from around the world are leading boldly in business education at aacsb.edu.

GlobeNewswire Distribution ID 9351923

Transformative Initiative to Shape the Future of Business Education

TAMPA, Fla., Feb. 03, 2025 (GLOBE NEWSWIRE) — AACSB International (AACSB), the world’s leading accrediting body for business schools, has approved the AACSB Global Standard-Setting Framework. This framework formalizes the process for revising business education standards and establishes a structured five-year review cycle. This initiative reaffirms AACSB’s position as the global authority on business education quality and impact.

The AACSB Board of Directors has charged Chief Accreditation Officer Stephanie Bryant with implementing the new framework and initiating a review and revision of the current standards. A global task force comprising key stakeholders from across the business education ecosystem will oversee the revision process to ensure alignment with the evolving needs of business schools, industry, and society.

Anticipated to launch on July 1, 2026, the revised standards will be released as The Global Standards for Business Education. This initiative reinforces AACSB’s mission to advance the quality and impact of business education, providing more than 17,000 business schools worldwide with a structured framework for continuous improvement and global impact.

“For over a century, AACSB has been the de facto global standard-setting body for business education, guiding institutions toward quality, excellence, and impact,” said Lily Bi, President and CEO of AACSB. “As the business education landscape continues to evolve, AACSB is committed to ensuring that business schools remain agile, innovative, and aligned with industry and societal needs.”

The standards revision process will include an exposure draft and a public comment period, allowing for broad engagement from AACSB’s global community. The final version of The Global Standards for Business Education is expected to be voted on at the Annual Business Meeting in April 2026, with official implementation on July 1, 2026.

“The updated standards will provide all business schools with a clear, future-ready framework to drive excellence and innovation,” said Sherif Kamel, Chair of AACSB’s Board of Directors and Dean of Onsi Sawiris School of Business, The American University in Cairo.

About AACSB International

Established in 1916, AACSB International (AACSB) is the world’s largest business education association, representing 1,900 institutional members and 1,000 accredited schools, connecting business schools, businesses, and lifelong learners to create the next generation of great leaders. With members in over 100 countries and territories, AACSB elevates the quality and impact of business schools globally. Learn how AACSB and business schools from around the world are leading boldly in business education at aacsb.edu.

Media Contact:
Andrew Thriffiley
PR Manager, AACSB International
[email protected]
+1 813-769-6500

GlobeNewswire Distribution ID 9351956