Lantronix Creates New Subsidiary in India and Opens IoT Software Lab in Hyderabad

Lantronix, Inc. (the “Company”) (NASDAQ: LTRX) a specialized networking company providing smart IoT and M2M solutions, today announced the launch of a new Lantronix subsidiary and IoT software lab in Hyderabad, India.“The opening of our software lab in Hyderabad, India, represents a significant step forward in the execution of our IoT growth strategy,” said Jeff Benck, president and CEO of Lantronix. “Our executive team has been maniacally focused on securing the right incremental resources to execute our strategic product development plan, and the launch of this new facility in India is the direct result of these efforts.”