LM80 Console Server With Control Center Honored for IoT Innovation

IRVINE, Calif., Oct. 5, 2023 — 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 won a 2023 Security Excellence Award for its LM80 Console Server with Control Center. The award was presented by IoT Evolution World, the leading publication covering IoT technologies. This award honors organizations delivering exemplary solutions that secure IoT devices and networks.

Lantronix LM80 Console Server is a compact platform designed to act independently of the network to remotely monitor, manage and control up to eight devices, including a managed power supply over a serial console connection as well as virtual environments and SD-WAN deployments. It reduces management complexity by delivering integrated, remote management solutions to provide secure remote access and local, in-depth monitoring as well as configuration, fault and service-level management.

The Lantronix Control Center is an advanced Out-of-Band management platform for LM-Series devices and the connected network infrastructure. It delivers single-pane-of-glass management for connected network devices and provides a single source for secure access and AAA controls, creating power monitoring and action rules without scripting as well as centrally archiving configs and OS files and compliance reporting. The Control Center can be deployed on a pre-configured rack-mountable server, VM, or cloud.

“We are honored to win this award, which validates our strategy of delivering end-to-end IoT solutions that provide our customers with the essential security, proven integration and ease-of-use required for success in today’s IoT-driven world,” said Jacques Issa, VP of Marketing at Lantronix.

“It is my pleasure to congratulate Lantronix for its innovative work and contributions to the rapidly evolving IoT industry,” said Carl Ford, community developer at IoT Evolution World.

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About Lantronix 

Lantronix Inc. is a global Industrial and Enterprise Internet of Things (IoT) provider of solutions that target high-growth applications in specific vertical markets, including Smart Grid, Intelligent Transportation, Smart Cities and AI Data Centers. Lantronix’s history in networking and video processing as well as its leading-edge applications include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with comprehensive Out of Band Management (OOB) solutions for Cloud and Edge Computing.

Lantronix’s solutions empower companies to achieve success in the growing IoT and OOB markets by delivering customizable solutions that address each layer of the IoT Stack, including Collect, Connect, Compute, Control and Comprehend. For more information, visit the Lantronix website.

Learn more at the Lantronix blog, which features industry discussion and updates. Follow Lantronix on Twitter, view its YouTube video library or connect 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. 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, 2023, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 12, 2023, 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.

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