Jon takes the blame for coming up with the band name. He explains,
"There was a band in the late 60's called Lothar and the Hand People. Lothar was the name of their Theremin, and they really play up the angle in the liner notes of the first LP. Unfortunately, the Theremin is virtually non-existent throughout the record, except for some between-song sound effects. Anyway, since we had three Theremins, I figured we should be The Lothars, plural."