Contact Information: Media Contacts: Acresso Eastwick Communications (650) 480-4040 acresso@eastwick.com Lantronix LEWIS PR (619) 677-2700 lantronix@lewispr.com
Acresso's New FLEXnet Suite for High-Tech Device Manufacturers Maximizes Value of Software to Innovate Products Faster
Fast Implementation of Software Key Activation Enables Easy Management and Configuration for Lantronix
| Source: Acresso Software
SCHAUMBURG, IL--(Marketwire - October 22, 2008) - Acresso
Software, a privately-held company of Thoma Bravo, today announced the
availability of FLEXnet Suite for high-tech device manufacturers, which
enables the management and configuration of embedded software via software
activated keys. With the FLEXnet Suite, manufacturers can configure
capability and capacity on a variety of devices, enabling them to innovate
products faster and offer new business models through easy-to-use software
keys. Lantronix, a leading provider of secure, remote device networking and
data center management technologies, is one of the first companies to have
successfully implemented FLEXnet Suite for high-tech device manufacturers
to manage licensing and entitlement of its ManageLinx™ remote product
services (RPS) enablement platform.
As margins compress, manufacturers see increasing value in the ability to
better monetize and upsell to their installed base over an extended period
of time. FLEXnet Suite enables Lantronix to launch a platform with a suite
of software applications that are activated only when a customer decides to
turn them on through a software key. It also allows Lantronix to
continuously upgrade its platform in the field with Acresso-enabled
software keys.
As a global leader in secure networking and remote management technologies,
Lantronix offers solutions that simplify remote access, management, and
control of virtually any electronic device regardless of location.
ManageLinx is an easy-to-deploy solution which allows original equipment
manufacturers (OEMs) and service organizations to remotely connect to,
manage and control firewall-protected equipment.
"Customers are increasingly demanding flexibility in packaging, pricing and
activation of our software offerings. Simultaneously we are focused on
increasing the efficiency by which we deliver solutions to our customers,"
said Jerry Chase, Chief Executive Officer for Lantronix. "With FLEXnet
Suite, we've been able to provide our customers with customizable software
applications that solve their unique business problems. Our focus on
meeting market needs quickly creates our desire for a licensing solution
that provides the flexibility to offer our customers the right set of
product packages and licensing models, and FLEXnet Suite was a great fit."
Lantronix is initially using FLEXnet Suite to manage licensing for two
features of ManageLinx; one allows the centralized management application
to run, and another turns the Lantronix Virtual IP (VIP) Access™
feature, typically purchased in bundles of various sized connections, on
and off. With this approach, Lantronix can create new offerings faster by
standardizing its hardware platform, while offering customizable software
options. For example, as a customer's need for connections grows, Lantronix
can centrally activate new connections and update licensing agreements
without requiring the customer to purchase a new hardware device.
"We are delighted to partner with Lantronix in this critically important
initiative," said Mark Bishof, President and Chief Executive Officer for
Acresso. "FLEXnet Suite for high-tech device manufacturers builds on
Acresso's long history of industry experience providing licensing
technology and entitlement management solutions that help software and
hardware manufacturers and their customers, maximize revenue, cut costs and
eliminate manual processes, while ensuring the highest level of customer
satisfaction."
About Acresso Software
Acresso Software provides solutions that power the business of software for
multiple customer segments, including hardware and software producers,
engineers and developers, helping them uncover revenue opportunities,
streamline their infrastructure and reduce costs. The company's proven
solutions, including the FLEXnet and InstallShield product lines, have been
simplifying the business relationship between software producers and
hardware manufacturers and their enterprise and government customers for
more than 20 years. Acresso maximizes the value of the software the world
develops and uses. For more information, please go to: www.acresso.com.
About Lantronix
Lantronix, Inc. (NASDAQ : LTRX ) is a global leader of secure communication
technologies that simplify remote access, management and control of any
electronic device. Its solutions empower businesses to make better
decisions based on real-time information, and gain a competitive advantage
by generating new revenue streams, improving productivity and increasing
efficiency and profitability. Easy to integrate and deploy, Lantronix
products remotely connect and control electronic equipment via the
Internet; provide secure remote access to firewall-protected equipment; and
enable remote management of IT equipment over the Internet. Founded in
1989, Lantronix serves some of the largest security, industrial and
building automation, medical, transportation, retail/POS, financial,
government, consumer electronics/appliances, IT/data center and
pro-AV/signage entities in the world. The company's headquarters are
located in Irvine, Calif. For more information, visit www.lantronix.com.