IRVINE, CA — (Marketwired) — 02/16/16 — (NASDAQ: LTRX) — a specialized networking company providing smart IoT and M2M connectivity solutions — today announced that Kevin Yoder has been appointed as vice president of worldwide sales, effective March 7th."With more than 25 years of experience in building and leading successful enterprise sales teams, we believe that Kevin will be a key contributor in driving Lantronix toward greater success," said Jeffrey Benck, Lantronix presiden
IRVINE, CA — (Marketwired) — 02/16/16 — Lantronix, Inc. (the "Company") (NASDAQ: LTRX) a specialized networking company providing smart IoT and M2M solutions, today reported results for its second fiscal quarter ended December 31, 2015.Net revenue of $9.5 millionNew Product revenue of $1.8 millionGross profit margin of 48.1%GAAP net loss of $928,000 or $0.06 per shareNon-GAAP net loss of $196,000 or $0.01 per shareCash and cash equivalents of $4.6 millionIn October 2015, Lantronix
OKLAHOMA CITY, OK — (Marketwired) — 02/16/16 — On February 12, 2016, a class action lawsuit was filed in the United States District Court for the District of Utah against Skullcandy, Inc. (NASDAQ: SKUL). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of artificially inflating the mark
MOUNTAIN VIEW, CA — (Marketwired) — 02/16/16 — Mojo Networks, the modern WiFi platform for delivering prolific connectivity, has launched its new partner program, Mojo Force, to provide faster and more efficient partner support. The company has also announced its union with Ingram Micro Inc. (NYSE: IM), Fortune 100 company that delivers a full spectrum of global technology and supply chain services to businesses around the world, to bring the next generation of cloud WiFi solutions to custom
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 02/16/16 — BTL GROUP LTD. (TSX VENTURE: BTL) ("BTL" or the "Corporation") is pleased to announce that it has entered into a binding letter of intent dated effective February 16, 2016 ("LOI") with Xapcash Technologies Inc. ("Xapcash") to complete a business combination, whereby BTL has agreed, subject to certain conditions, to acquire all of the issued and outstanding securities of Xapcash (the "Transa
