LOGMEIN JUMPSTARTS THE IOT JOURNEY WITH THE INTRODUCTION OF THE XIVELY PRODUCTLAUNCHER

Xively by LogMeIn, Inc. (NASDAQ:LOGM) today introduced the Xively ProductLauncher, an interactive design tool to help nearly anyone, even those with limited technical expertise, quickly and easily create a virtual connected product and business. Building upon Xively’s “No DIY IoT” mission, the Xively ProductLauncher allows companies to model their IoT project before investing significant time and resources on developing custom software and a physical product. As a result, anyone can turn an IoT product idea into a virtual connected business that manages and automates IoT data, all in a matter of clicks.  With the ability to move projects forward instantly, companies may be able to dramatically reduce the cost and time to market typically felt with IoT projects.