|
Global Caché News
Global Caché and Lantronix
Sign Agreement to Form Strategic Marketing and Technology Development
Alliance
Alliance Provides Framework for Marketing and
Delivering Complementary Solutions for Home Control and Automation
San Jose, CA and Las Vegas, NV USA - November 18, 2002 -
(Lunch@Piero's/COMDEX Fall 2002) Global
Caché and Lantronix®
(Nasdaq: LTRX), both providers of products that network-enable products
and technology in the home, announced today they have signed a strategic
alliance agreement. The agreement permits the two companies to work
closely together in defining, marketing and delivering products
that address the fast-growing home automation and control market.
Lantronix Applications Division, formerly Premise Systems, Inc.,
which was acquired by Lantronix in January 2002, develops software
for intelligently controlling appliances, electronic devices, HVAC
and security systems, and information and entertainment services.
Global Caché manufactures the GC-100 Home Network Adapter
that provides the means for PC-based home automation and management
software to access, control, and deliver services in a networked
home to diverse devices and appliances. In combination, the companies'
products can provide a complete, powerful and cost-effective home
automation solution.
"We approached Lantronix during the design phase of the GC-100,"
said Walt Keller, president of Global Caché. "Recognizing
that Premise Systems, now owned by Lantronix, pioneered the concept
of providing software solutions built upon open systems and industry
standards in the home automation and control market, we wanted its
validation that we were on the right track with our product. Not
only was Premise willing to give us its time and perspective on
the GC-100, it was instrumental in fine-tuning the actual product
definition and future direction. We realized early on that Premise
was a valuable partner for us." Keller added, "We're very
pleased that we've solidified our relationship even further with
this agreement."
The Global Caché GC-100 Home Network Adapter is a flexible
and easy to use hardware device connecting IR, relay, serial and
digital I/O devices to a network. The GC-100 addresses the growing
number of homes with high-bandwidth Internet and networking capability,
and enables the use of network-based software to control and automate
diverse devices throughout the home.
Lantronix is the provider of Premise SYS® Home Control Software,
a modular, open standards-based system that delivers cost-effective
automation solutions that are easy to install, modify and maintain,
either onsite or remotely. Using Premise SYS, easily customizable
end user interfaces are automatically generated and are accessible
throughout the home from commonly available touchpanels, PDAs and
cell phones as well as over the Internet.
Dan Quigley, executive vice president of Lantronix, Applications
Division said, "Due in part to the prevalence of the Internet
and distributed A/V components in the home, technology is now shifting
from expensive proprietary systems to open systems, much like corporate
computing did in the 1980s. Teaming up with Global Caché,
which provides such a complementary product to ours, ensures that
our integrators and installers will make that shift to open standards
as painlessly and profitably as possible by supplying targeted solutions
that work reliably together and are easy to implement and use."
Look for Global Caché at booth No. 650 and Lantronix/Premise
at booth No. 400 during EHX
in Long Beach, California on November 13th through 14th.
About Global Caché, Inc.
Global Caché, based in Silicon Valley, is dedicated to producing
state-of-the-art products that enable technology in homes. Our debut
product, the Home Network Adapter, provides the means for network-based
home automation and management software to access, control, and
deliver services in a networked home to diverse and previously unconnected
devices and appliances. Global Caché sells direct to installers
and system integrators, and through distributors and OEMs. For more
information on Global Caché and our products and services
or to place an order, visit online at www.globalcache.com
or call us at 408-270-1300.
About Lantronix, Inc.
Lantronix, Inc. (LTRX) is a provider of hardware and software solutions
ranging from systems that allow users to remotely manage network
infrastructure equipment to technologies that network-enable devices
and appliances. Lantronix was established in 1989, and its worldwide
headquarters are in Irvine, Calif. For more information, visit the
company on the Internet at www.lantronix.com.
# # #
Media Contacts:
Global Caché/Rusty
Keller
(408) 270-1300,
rusty.keller@globalcache.com
Lantronix/Irene
Kruppa
425-861-1108
irenek@lantronix.com
This press release contains forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933,
as amended and Section 21E of the Securities Exchange Act of 1934,
as amended, which are intended to be covered by the safe harbors
created thereby and the Safe Harbor Provisions of the Private Securities
Litigation Reform Act of 1995.
These forward-looking statements relate to future
plans, events or performance that involve risks and uncertainties,
some of which are beyond our control. The risks include the risk
that the home networking market may not develop as rapidly as expected.
Because of these and the other risk factors identified in our SEC
filings our actual results, events and performance may differ materially.
Readers are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof. Lantronix undertakes
no obligation to release publicly the result of any revisions to
these forward-looking statements that may be made to reflect events
or circumstances after the date hereof or to reflect the occurrence
of unanticipated events.
Global Caché and the Global Caché
logo are trademarks of Global Caché. All other companies and/or
products listed are trademarks or registered trademarks of their respective
owners. |