March 28, 2023

Anaqua Provides Platform for Intellectual Property Management to Fujitsu

BOSTON, March 28, 2023 (GLOBE NEWSWIRE) — Anaqua, the leading innovation and intellectual property (IP) management technology provider, today announced that information and communications technology company Fujitsu has adopted Anaqua’s AQX platform to optimize the digital management of the company’s IP portfolios.

Anaqua will provide its AQX platform to Fujitsu to seamlessly connect and enhance global collaboration among R&D sites, IP departments, and outside counsel, bringing increased efficiency to the development of IP and management of the innovation lifecycle. AQX will also help empower Fujitsu in the timely execution of their global IP strategy through the establishment of a more data-driven approach to developing and maintaining an IP portfolio that best supports the broader business. In addition, through Anaqua’s cloud hosting services and commitment to security, certification processes, and compliance programming, the AQX platform will deliver a robust security environment for Fujitsu.

“We believe that the AQX IP management system, which is a global cloud service, will enable us to standardize and further enhance efficiency of IP operations, replacing our previous on-premise legacy system,” said Kanna Kimura, Director of the Cloud Services Management Department of the Digital System Platform Division of Fujitsu Limited.

Bob Romeo, CEO of Anaqua, said: “Anaqua will provide the best support for the management and protection of Fujitsu’s IP assets, which are critical in delivering the company’s goal of making a more sustainable world through the power of innovation.”

About Anaqua
Anaqua, Inc. is a premium provider of integrated intellectual property (IP) management technology solutions and services for corporations and law firms. Its IP management software solutions, AQX and PATTSY WAVE, both offer best practice workflows with big data analytics and tech-enabled services to create an intelligent environment designed to inform IP strategy, enable IP decision-making, and streamline IP operations, tailored to each segment’s need. Today, nearly half of the top 100 U.S. patent filers and global brands, as well as a growing number of law firms worldwide use Anaqua’s solutions. Over one million IP executives, attorneys, paralegals, administrators, and innovators use the platform for their IP management needs. The company’s global operations are headquartered in Boston, with offices across the U.S., Europe, and Asia. For additional information, please visit anaqua.com, or on LinkedIn.

Company Contact:
Amanda Hollis
Director, Communications
Anaqua
617-375-2626
ahollis@Anaqua.com

GlobeNewswire Distribution ID 8794452

March 28, 2023

Lantronix Announces New X300 Compact Cellular IoT Gateway Solution, Ideal for Mission-Critical Applications

Monitor and manage globally distributed assets with Lantronix’s X300 IoT Gateway Solution, which includes hardware, cloud-based device management, cellular connectivity, advanced security and tech support

X300 IoT Gateway

New X300 Compact Cellular IoT Gateway

IRVINE, Calif., March 28, 2023 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, today announced its new X300 Compact Gateway IoT Solution. Ideal for secure mission-critical applications, the new X300 Cellular Compact IoT Gateway Solution combines Lantronix’s IoT gateway hardware with a premium services subscription, including centralized device management, integrated cellular data, enhanced device security and expert technical support in an all-in-one package.

“At Lantronix, we are committed to providing our customers with turnkey IoT solutions that efficiently solve their connectivity and remote device management challenges while offering expert technical support to ensure a successful deployment,” said Paul Pickle, CEO of Lantronix. “With the new X300 Compact Gateway IoT Solution, our customers can rest assured that they have a reliable, easy-to-manage solution, achieving maximum uptime and data security for mission-critical applications.”

According to Berg insights, more than 4.5 million cellular IoT gateways were shipped globally during 2021, a 23 percent increase, at a total market value of approximately $1.15 billion as annual sales grew at a rate of 14 percent as demand recovered following the COVID-19 pandemic. Annual revenues from the sales of cellular IoT gateways is forecasted to grow at a compound annual growth rate (CAGR) of 14 percent to reach $2.18 billion by 2026.

The X300 Compact Gateway IoT Solution includes:

X300 Gateway, a compact (79mm X 79mm) IoT industrial gateway with suitable hardware interfaces, including a Multi-mode Serial port, an Ethernet LAN port, Wi-Fi® 5, Bluetooth/BLE and Worldwide cellular options, enabling the connection of any type of industrial machine and sensor with any type of network.
Services included in the first-year subscription:
- Free upgrade to ConsoleFlow premium cloud-based device management with analytics
- Connectivity Services global, convenient and scalable cellular data plans
- Free upgrade to LEVEL 2 Services prompt expert technical support and warranty with advanced hardware replacement
- Lantronix InfiniShield built-in security, including a Secure Element (SE) chip to enable secure boot, secure equipment access and secure communications and to prevent unauthorized access of confidential information

The new X300 Gateway IoT Solution will be displayed at ISC West in Las Vegas from March 28–31, 2023, in the Lantronix booth, Number 2097. For more information on this all-in-one package, visit https://www.lantronix.com/products/x300-series/

About Lantronix

Lantronix Inc. is a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), offering Software as a Service (SaaS), connectivity services, engineering services and intelligent hardware.

Lantronix enables its customers to accelerate time to market and increase operational up-time and efficiency by providing reliable, secure and connected Intelligent Edge IoT and Remote Management Gateway solutions.

Lantronix’s products and services dramatically simplify the creation, development, deployment and management of IoT and IT projects across Robotics, Automotive, Wearables, Video Conferencing, Industrial, Medical, Logistics, Smart Cities, Security, Retail, Branch Office, Server Room and Datacenter applications. For more information, visit the Lantronix website.

Learn more at the Lantronix blog, which features industry discussion and updates. Follow Lantronix on Twitter, view our YouTube video library or connect with us on LinkedIn.

“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, technologies and products. 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, 2022, filed with the Securities and Exchange Commission (the “SEC”) on Aug. 29, 2022, 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 &
Communications Manager
media@lantronix.com
949-212-0960

Lantronix Analyst and Investor Contact:
Jeremy Whitaker
Chief Financial Officer
investors@lantronix.com
949-450-7241

Lantronix Sales:
sales@lantronix.com
Americas +1 (800) 422-7055 (US and Canada) or +1 949-453-3990
Europe, Middle East and Africa +31 (0)76 52 36 744
Asia Pacific + 852 3428-2338
China + 86 21-6237-8868
Japan +81 (0) 50-1354-6201
India +91 994-551-2488

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/891ce64a-0d25-4f9e-add8-2538d7b31006

GlobeNewswire Distribution ID 8796263

March 28, 2023

Oil exploration in Benue trough key to prosperity, energy security – Buhari

President Muhammadu Buhari says the discovery and drilling of oil in Nasarawa State will lead to greater prosperity for Nigerians as well as enhance overall energy security for the country.

The president stated this in his virtual message to the official spud-in of the Ebenyi-A Well located in the Middle Benue Trough, in Obi Local Government of Nasarawa State on Thursday.

The president said the surrounding communities would particularly benefit from the value created by the exploration and eventual production activities.

He directed NNPC Limited and its partners to take due care of the environmental consequences of these oil exploration activities and to mitigate the negative effects.

He thanked the Government, people of Nasarawa State and the host community for their unfettered support and collaboration towards the success of this exploration campaign.

The president recalled that the official commencement of drilling activities in the Middle Benue Trough is in line with ongoing campaigns for the exploration of crude oil and gas in the Nation’s Frontier Basins.

He listed the Chad Basin, Dahomey Basin, Anambra Platform, the Calabar Embankment, Sokoto Basin, Bida Basin, Benue Trough as well as the Ultra-Deepwater Niger Delta as areas where NNPC would be extending its crude oil exploration.

‘‘This is consistent with the commercial discoveries of hydrocarbons in the Kolmani Area of the Upper Benue Trough.

‘‘I am pleased to note that activities are currently ongoing to develop the Kolmani petroleum discoveries to commercial production to add to the nation’s considerable hydro-carbon assets.

‘‘I am encouraged by the enormous work done by NNPC Limited to exploit the prospects in the Middle Benue Trough, leading to the event of today.

‘‘I congratulate NNPC Limited, the Nigerian Upstream Petroleum Regulatory Commission and other partners for their immense contributions towards making this day and this event possible,’’ he said.

He directed Gov. Abdullahi Sule of Nasarawa State and Group CEO, NNPC Limited, Mele Kyari to spud on his behalf.(NAN) (www.nannews.ng)

Source: News Agency of Nigeria

March 28, 2023

Oil exploration in Nasarawa to increase Nigeria’s reserves – NNPC Ltd

The Nigerian National Petroleum Company Limited (NNPC Ltd) says the positive outcome of Ebenyi-A Exploration Well will increase Nigeria’s hydrocarbon reserves from 37 billion barrels to 50 billion barrels.

The NNPC Ltd said the outcome of the campaign would contribute to the aspiration of increasing Nigeria’s crude oil production to a target of three million barrels.

Malam Mele Kyari, the Group Chief Executive Officer, NNPC Ltd, made this known on Tuesday at the presidential spud-in ceremony of the Ebenyi-A Exploration Well, located in the Middle Benue Trough in Obi Local Government Area of Nasarawa State.

Host Gov. Abdullahi Sule and the NNPC Ltd GCEO performed the spud-in ceremony on behalf of President Muhammadu Buhari.

The Commission’s Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe; retired Justice Sidi Bage Muhammad, the Emir of Lafia, and some other dignitaries were also in attendance.

Kyari said it was a special occasion for the NNPC Ltd, NUPRC, Nasarawa people and Nigeria as spudded the first well in the Middle Benue Trough, while at the same time executing Mr President’s mandate for them to pursue exploration in the frontier inland Basins with vigour.

He said the mandate no doubt targeted growth of hydrocarbon reserves in our country with the ultimate aim of enhancing national energy security and associated economic benefits to our people.

Kyari recalled that exploration in the Middle Benue Trough commenced over a decade ago, adding that since 2010 it had executed several geophysical activities, applied niche technologies and conducted very integrated study leading to the firming up of the Ebenyi-A Well.

“Indeed, our findings are very indicative of potential commercial hydrocarbon discovery in this area,” the NNPC Ltd GCEO said.

He said that the NNPC Ltd, in conjunction with the NURPC, were committed to conducting exploration activities of the nation’s frontier Basins using the best industry standards and technologies.

According to him, the basin spans the Chad Basin, Upper and Lower Benue troughs, the Bida Basin, the Sokoto basin, the Dahomey, Anambra platform, the Calabar embarkment and the Ultra deep water Niger Delta.

He disclosed that mobilisation for re-entry into the Chad Basin has commenced as directed by Buhari as it progressed other activities in the Frontier Basins.

Kyari assured the stakeholders that it would conduct the operation with the utmost care and attention to health, safety and the environment.

“We understand the responsibility that comes with exploring and exploiting natural resources, and we are committed to doing so in a way that will best benefit our country and its people.

“As NNPC Ltd we are committed to leading practices and highest standards in the course of our operations and would be engaging in Impact Assessment studies during and after operations to mitigate possible effects of our exploration activities.

“We will also engage the host communities as major stakeholders and execute Community Assisted Projects in line with NNPC Ltd Corporate Social Responsibility policies and provisions of the Petroleum Industry Act (PIA).

He thanked the President for his leadership, direction in making this a reality and acceptance to perform the spud and kick-start the Ebenyi-A drilling campaign.

He thanked its client, NURPC-the Commission Chief Executive and the NUPRC team for their support and continued partnership.

He also commended the Nasarawa state government and citizens, royal fathers, and security agencies for the uncommon understanding and support on the project.

Besides, he appreciated the members of its dedicated team of professionals who had worked tirelessly and broke the jinx around oil and gas exploration in the rift system of Nigeria. (NAN)(www.nannews.ng)

Source: News Agency of Nigeria

March 28, 2023

Eliminating NTDs will boost Nigeria’s economy by $19bn – Study

A study by Deloitte says Nigeria’s economy will expand by $19 billion in productivity if the country eliminates Neglected Tropical Diseases (NTDs) by 2030.

The study, commissioned by the END Fund, was released in a statement by Ms Oyetola Oduyemi, its Senior Director for Public Affairs, on Tuesday in Lagos.

The END Fund is a private philanthropic initiative dedicated to ending the most common NTDs.

Neglected tropical diseases are a group of parasitic and bacterial diseases that are widespread among economically disadvantaged groups.

The diseases are often chronic and cause severe symptoms that significantly hinder the ability of an individual to live an independent life.

The study focused primarily on the five most common NTDs in Nigeria, namely, lymphatic filariasis; onchocerciasis (river blindness); schistosomiasis (snail fever); soil-transmitted helminths (STH, intestinal worms) and trachoma.

Oduyemi said the report’s objective was to fully present key economic and social benefits of eliminating the five most prevalent NTDs in Nigeria by 2030.

She said it also included long-term financial returns and a cost-benefit assessment of elimination programmes.

According to her, the study shows that in Africa, the share of the population suffering from NTDs is negatively related to wealth.

“It shows that as countries develop their economies, they become better at handling NTDs through investment,” she said.

She added that the elimination of NTDs was correlated with good educational outcomes.

“The Report is designed to galvanise a concerted effort by the public, private and philanthropic sectors of the country and sub-region to elevate the NTDs in public health systems.

“They should also increase the domestic resource envelope for NTDs and influence policy making that will effectuate these objectives in working to achieve the indicated potential benefits of achieving the WHO NTD Roadmap 2030 on disease control and elimination.”

Oduyemi said that the gains of eliminating the NTDs would extend beyond 2030, as individuals who were cured or avoided infection live more productive and fulfilling lives.

She listed the additional economic benefits as avoided out-of-pocket expenses, enhanced productivity of caregivers and increased school attendance of pupils. (NAN)(www.nannews.ng)

Source: News Agency of Nigeria

March 28, 2023

We will oppose interim government – Sen. Adeyeye

Sen. Dayo Adeyeye, the National Coordinator of South West Agenda for Asiwaju (SWAGA), says lovers of democracy in the country will oppose constitution of any interim government ahead of the May 29 presidential inauguration.

The former senator and minister of state for works stated this in Abuja on Tuesday in an interview with the News Agency of Nigeria (NAN).

NAN reports that SWAGA was one of the foremost support groups which campaigned for the election of Sen. Bola Tinubu, the President-elect.

Adeyeye cautioned those calling for an interim government as a way of placating the grievances of certain politicians following the outcome of the February 25 Presidential Election.

He said such calls were geared towards possible anarchy, thereby calling on all stakeholders in the nation’s democratic journey to resist the move, especially prophesies by some fake pastors.

He said that in every election there must be a winner and loser, and that Nigerian politicians must develop the spirit of sportsmanship in their electoral contests rather than threatening national peace and unity at every opportunity.

“I am not saying the elections are perfect, but from the point of view of INEC and point of view of any objective Nigerian, these elections are very good and transparent, making it the best ever to be conducted since 1999.

“I want to appeal to all Nigerians to disregard the noise making of these people who want to create anarchy and that Nigerians should begin to reason and desist from fake prophecies.

“I saw a video and I think this is what is propelling the so-called “Obidients”. A fake pastor was saying that yes, Tinubu will be declared winner but he would not be sworn in. And an interim government would be formed and the government will give it to Peter Obi.

“And I Dayo Adeyeye will be a citizen of this country and allow that to happen? It is not going to happen. We will join forces with others to oppose it.”

He further cautioned that those nursing such an ambition were capable of destroying the country and tear it apart.

“You want to destroy the country, you want to tear it apart and say bye bye to Nigeria? Some of us who are patriotic citizens of this country will not allow that to happen.

“Would I have voted my candidate and he emerged and he was declared and you will now say no, you are looking for an interim government? On what ground are you looking for that?

“What will be the legitimacy of that interim government? Who voted the interim government and who constitutes the interim government? On what mandate will the interim government be constituted and who and who will be members? These are the big questions to ask.

“Millions of Nigerians have exercised their civil rights and a winner has emerged. Well, you may not like the person. That’s the beauty of democracy.

‘i want to say that interim government will never happen again in this country. Some of us who fought for NADECO will not allow it. In the case of June 12, 1993, the results were not even declared.

“But in this case, the results have been declared, we have a President-elect. May 29 is around the corner and a new president would be sworn in.

“Anything short of that means you are asking for Nigeria to come to an end. Therefore, those calling for an interim government should go and bury the thought. It will never happen.

“Elections are over now and I have been waiting for the past four weeks for any of the opposition political parties to come out with their own version of results apart from what INEC uploaded, nobody has come up with anything other than shouting that they’ve been rigged.

“That’s the proof of rigging. Yes, you can say from our agents these are the numbers of votes given to us by our agents and these are the figures uploaded by INEC. We’ve not seen such claim by anyone yet.

“Instead, they’ve been spreading hatred, trying to create anarchy and cast aspersions on the integrity of the INEC.

“They have been creating impressions not only within the country but in the international community that the election was anything but free, fair and transparent, without any proof, without any evidence and any alternative results they can present anywhere,” he said.

Adeyeye further said that, ” now they have gone to court, good let them go and prove their cases in court. But for you to be demonstrating everyday and going to foreign embassies in Nigeria that your elections were rigged; I will never agree with that.”

He, therefore praised the INEC and in particular thanked its chairman Prof. Mahmood Yakubu for giving Nigerians an election which according to him, has further engendered the unity of the country.

“This is the type of election that brings unity to the country.

“A candidate from southwest was able to win in Jigawa, Zamfara and Sokoto. This is in spite of the fact that it was a Muslim) Muslim ticket. We buried religious and tribal sentiments.

” A candidate from southeast was able to win in Lagos and Plateau, while Atiku was able to win in Osun. I think this should be able to bring Nigerians closer and unify us rather than threatening our togetherness,” he said.(NAN)

Source: News Agency of Nigeria