Company Leadership - Lantronix Inc's president and CEO, Saleel Awsare, has been appointed to the Forbes Technology Council, an exclusive community for global business and technology leaders [1] - Awsare was selected based on his achievements, thought leadership in the technology industry, and proven track record of success in leadership roles [1] - Awsare has led transformational changes across IoT, mobile, communications, wireless, and related industries during his tenure at multiple companies, including Lantronix, Synaptics Inc, Conexant Systems LLC, and Nuvoton Technology Corporation [2] CEO's Background and Achievements - Prior to joining Lantronix in 2023, Awsare served as senior vice president and general manager of Synaptics Inc's Enterprise and Mobile Division, its largest division [3] - Awsare played a key role in Synaptics' pivot from mobile to IoT and enterprise markets, which significantly increased the company's market valuation [3] - From 2012 to 2017, Awsare served as president of Conexant Systems LLC, where he positioned the company as a market leader in audio and voice technologies, contributing to its successful acquisition by Synaptics in 2017 [4] - From 2008 to 2012, Awsare was president of Nuvoton Technology Corporation America, responsible for US-based operations [4] Company Overview - Lantronix Inc is a global leader in compute and connectivity IoT solutions, targeting high-growth industries such as Smart Cities, Automotive, and Enterprise [6] - The company's products and services enable companies to succeed in IoT markets by delivering customizable solutions addressing each layer of the IoT Stack [6] - Lantronix's leading-edge solutions include Intelligent Substations infrastructure, Infotainment systems, Video Surveillance, and advanced Out-of-Band Management (OOBM) for Cloud and Edge Computing [6] Industry Focus - The company is focused on AI and IoT transformations that are shaping how enterprises conduct business globally [2] - Lantronix works with leading enterprises as they embrace digital transformation and enter a new era of edge intelligence, supported by the company's cutting-edge solutions and engineering expertise [2]

IRVINE, Calif., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in IoT compute and connectivity IoT solutions, is proud to announce the appointment of Daniel Quant as head of the Industrial IoT (IIoT) Products and Business Line at Lantronix. Reporting directly to Lantronix’s chief strategy officer Mathi Gurusamy, Quant will play a pivotal role in driving Lantronix’s vision of integrating Artificial Intelligence into Industrial IoT devices to meet the increasing demand for Ed ...

IRVINE, Calif., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ:LTRX) (the "Company"), a global leader in IoT compute and connectivity IoT solutions, today announced the appointment of Brent Stringham as its chief financial officer (CFO). Stringham has been an experienced financial leader with Lantronix since 2012 and previously served as the Company's interim CFO and Chief Accounting Officer. "Brent brings deep institutional knowledge and extensive financial expertise to his new role as CFO based ...

Lantronix, Inc. (LTRX) has unveiled a case study featuring GWACS Defense Inc., a military defense contractor based in Tulsa, OK. GWACS Defense utilized Lantronix’s Open-Q 8250CS System on Module (SOM), powered by the Qualcomm QCS8250 System-on-Chip (SoC) and Lantronix’s Engineering Services to develop its military-grade gunshot and noise detection system for commercial purposes. The newly developed Acoustic Event of Interest (AEI) platform provides real-time detection of critical sounds, such as gunshots, i ...

IRVINE, Calif., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ:LTRX), a global leader of compute and connectivity IoT solutions, today announced that its CEO Saleel Awsare has received the "IoT Company CEO of the Year" award in the 9th annual IoT Breakthrough Awards program conducted by IoT Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Internet-of-Things (IoT) market today. "Lantronix CEO Saleel Awsare deserves ‘ ...

Prestigious Annual IoT Breakthrough Awards Program Recognizes Standout Internet-of-Things Companies, Products and PeopleIRVINE, Calif., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity IoT solutions, today announced that its CEO Saleel Awsare has received the “IoT Company CEO of the Year” award in the 9th annual IoT Breakthrough Awards program conducted by IoT Breakthrough, a leading market intelligence organization that recognizes the top companie ...

Case Study: Lantronix’s Open-Q SOM, powered by Qualcomm SoC, utilized to integrate advanced acoustic technology into an innovative public safety solutionIRVINE, Calif., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in IoT compute and connectivity IoT solutions, today announced its new case study featuring GWACS Defense Inc., a Tulsa, Okla.-based military defense contractor. Delivering intelligence at the Edge, GWACS utilized Lantronix’s Open-Q™ 8250CS System on Module (SOM ...

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Lantronix, Inc. (LTRX) announced the completion of its acquisition of NetComm Wireless Pty Ltd (“NetComm”), a subsidiary of DZS Inc., for $6.5 million in cash. The deal includes all enterprise Internet of Things (IoT) business assets of NetComm, along with the assumption of certain liabilities.This acquisition aligns with Lantronix’s strategic focus on the Enterprise and Smart City sectors, bolstering its next-generation 5G capabilities. By integrating NetComm's IoT portfolio, Lantronix aims to strengthen i ...

Accelerates Lantronix's Enterprise IoT LeadershipExpands Its IoT Wireless Connect Portfolio With Cutting-Edge 5G TechnologyStrengthens Its Competitive Offering, Adds New Blue-Chip Customers IRVINE, Calif., Dec. 26, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ:LTRX), a global leader in IoT compute and connectivity IoT solutions, today announced that it has finalized its acquisition of NetComm Wireless Pty Ltd ("NetComm"), a subsidiary of DZS Inc., for all of its enterprise Internet of Things (IoT) busines ...