Annual program showcases 10 companies with innovations in hardware to enable artificial intelligence, 5G and other IoT capabilities

IRVINE, Calif., April 13, 2022 — 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 that it has been named among CRN’s 2022 10 Coolest IoT Hardware Companies. Some of the other companies joining Lantronix on CRN’s 2022 list are Cisco, Dell Technologies, Intel and Qualcomm. CRN’s 2022 list of 10 Coolest IoT Hardware Companies honors organizations with innovations in hardware that enable artificial intelligence, 5G and other IoT capabilities. CRN^® is a brand of The Channel Company. The full 2022 CRN IoT 50 winner list is featured online in the April issue of CRN Magazine.

Compiled by a panel of CRN editors, with input from industry-leading solution providers, this award is part of CRN’s 2022 Internet of Things 50, an annual award that honors 50 key IoT players across connectivity, hardware, industrial IoT, security and software.

“We are honored to be named among CRN’s Top 10 Coolest Hardware Companies for our innovations in IoT hardware. Being honored alongside the biggest names in IoT hardware is a testament to our strategy of providing end-to-end IoT solutions that provide our customers with the proven integration and ease-of-use needed for success in today’s IoT-driven world,” said Paul Pickle, CEO of Lantronix.

“CRN’s IoT 50 list recognizes companies for their groundbreaking products and services that effortlessly link an array of devices with complex infrastructures, capabilities and data analytics to help businesses gain priceless insight into everything from business operations to customer experience,” said Blaine Raddon, CEO of The Channel Company. “CRN is delighted to honor Lantronix for its dedication to enhancing business decisions and transforming organizations via cutting-edge IoT solutions.”

Award criteria is based on the quality of the vendors’ technology portfolios, their IT channel impact and their ability to drive industry change and development through continuous innovation.

Lantronix solutions encompass the full spectrum of products and services to meet the IoT market challenges of today and tomorrow. Our end-to-end solutions portfolio includes embedded modules, software and services as well as IoT system solutions.

About The Channel Company

The Channel Company enables breakthrough IT channel performance with its dominant media, engaging events, expert consulting and education and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by nearly 40 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelcompany.com

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, are forward-looking statements. 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, 2021, filed with the Securities and Exchange Commission (the “SEC”) on September 11, 2021, 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.

© 2022 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

© 2022 The Channel Company, LLC. CRN is a registered trademark of The Channel Company, LLC. All rights reserved.

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Lantronix Media Contact:  

Gail Kathryn Miller

Corporate Marketing &

Communications Manager

[email protected]

949-453-7158

Lantronix Analyst and Investor Contact:

Jeremy Whitaker

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949-450-7241

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