Recognition underscores Lantronix’s leadership in Edge AI and IoT innovation under Awsare’s strategic guidance 

IRVINE, Calif., Nov. 18, 2025 – Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions powering Edge AI applications, today announced that its president and CEO Saleel Awsare has been named to the OC500 directory of influence by the Orange County Business Journal. The annual directory, released on Nov. 17, 2025, honors the most influential business and community leaders shaping Orange County’s economic landscape.

“This recognition reflects the strength of the Lantronix team and our commitment to leading innovation in Edge AI and industrial IoT,” said Awsare. “We are building a scalable AI-based intelligent edge ecosystem that combines advanced compute solutions, AI frameworks, developer tools and strategic relationships, which empowers our customers to accelerate digital transformation and unlock new growth opportunities.”

Since joining Lantronix as CEO in November 2023, Awsare has led the company through a period of focused execution and profitable growth. His leadership has strengthened Lantronix’s position in Edge AI intelligence and industrial IoT, aligning the company’s strategy around high-value markets where compute and connectivity innovation drive real-time decision-making and operational efficiency. Key industries served by Lantronix include drones and autonomous systems, critical infrastructure, such as mobile networks, security and surveillance, and industrial IoT solutions.

The company’s long-term collaboration with Qualcomm® Technologies has accelerated the delivery of high-performance, connected-edge solutions while its partnership with Teledyne FLIR OEM has enabled breakthrough innovations in drones, autonomous systems, robotics and unmanned vehicles.

Investor Takeaway

Lantronix’s expanding Edge AI platform simplifies complex edge computing challenges for global customers by integrating hardware, software and services. With a growing portfolio of compute and connect solutions and a clear strategic roadmap, Lantronix is well-positioned to capture emerging opportunities in the rapidly expanding Edge AI market.

About Lantronix   

Lantronix Inc. (Nasdaq: LTRX) is a global leader in Edge AI and Industrial IoT solutions, delivering intelligent computing, secure connectivity, and remote management for mission-critical applications. Serving high-growth markets, including smart cities, enterprise IT, and commercial and defense unmanned systems, Lantronix enables customers to optimize operations and accelerate digital transformation. Its comprehensive portfolio of hardware, software, and services powers applications from secure video surveillance and intelligent utility infrastructure to resilient out-of-band network management. By bringing intelligence to the network edge, Lantronix helps organizations achieve efficiency, security, and a competitive edge in today’s AI-driven world.

For more information, visit the Lantronix website.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements concerning growth expectations in the global drone market and Lantronix’s positioning to capitalize on opportunities for long-term, high-margin growth in the drone and defense technology markets. 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; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to changes in U.S. or foreign government trade policies, including recently increased or future tariffs, a pandemic or other outbreaks, wars and recent conflicts in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws and regulations; 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, 2025, filed with the Securities and Exchange Commission (the “SEC”) on Aug. 29, 2025, including in the section entitled “Risk Factors” in Item 1A of Part I of that 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. In addition, actual results may differ as a result of additional risks and uncertainties about which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

©2025 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

#  #  #

Lantronix Media Contact:    

[email protected] 

949-212-0960 

Lantronix Analyst and Investor Contact:  

[email protected]