Lantronix CFO Brent Stringham Nominated for Orange County Business Journal CFO of the Year Award

IRVINE, Calif., April 2, 2026 - Lantronix Inc. (Nasdaq: LTRX), a global provider of Edge AI and Industrial IoT solutions that power NDAA-compliant unmanned systems, critical infrastructure and resilient enterprise networks, today announced that its chief financial officer Brent Stringham has been nominated for the prestigious 2026 CFO of the Year Award sponsored by the Orange County Business Journal (OCBJ).

The OCBJ CFO of the Year awards program honors outstanding financial professionals at Orange County companies who drive innovation, operational success and sustainable growth. Winners will be announced on May 12, 2026, during the awards ceremony held at the Irvine Marriott.

"We are incredibly proud that Brent has been recognized with this nomination," said Saleel Awsare, president & CEO of Lantronix. "For more than a decade with Lantronix, Brent has played a pivotal role in strengthening our financial foundation and positioning the company for long-term success. His leadership in strategic cost management, operational efficiency and disciplined financial planning has been instrumental to improving our profitability and financial discipline."

A seasoned financial executive, Stringham has served Lantronix in senior financial roles since 2012. He currently leads the company's global finance organization and brings deep institutional knowledge and a strong track record across both public and private companies. Prior to joining Lantronix, he held finance leadership positions at Iteris Inc., Netlist Inc. and Ernst & Young, where he obtained extensive experience in financial planning, reporting and corporate governance.

The OCBJ CFO of the Year nomination highlights Lantronix's continued commitment to strong financial stewardship and leadership excellence as the company expands its global footprint in next-generation Edge AI, connectivity and intelligence solutions.

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, including drones, 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.

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"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.

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