Lantronix Appoints Scott Wallace as Senior Director of Its Project Management Office

Wallace to lead Lantronix growth acceleration in the Connect, Compute and AI Markets

IRVINE, Calif., April 9, 2025 - Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announces the appointment of Scott Wallace as senior director of its Project Management Office (PMO). With more than two decades of proven leadership and engineering excellence, Wallace brings a wealth of industry knowledge and expertise to the organization, further solidifying Lantronix's commitment to delivering cutting-edge solutions across its Connect, Compute and AI product lines.

Wallace is a highly accomplished technology veteran with deep roots in the wireless and IoT industries. Prior to joining Lantronix, Wallace spent nearly 17 years at Semtech Corporation (formerly Sierra Wireless) in progressively senior roles, most recently serving as senior director of Engineering. In this capacity, he successfully led cross-functional teams encompassing Software, Firmware, Hardware, RF, Mechanical and Quality disciplines across Canada, India and Taiwan. His leadership was pivotal in launching multiple market-leading products, including the company's first 5G cellular modem, numerous LTE and LPWA modules and carrier-grade solutions that collectively generated hundreds of millions of dollars in revenue.

"We are thrilled to welcome Scott Wallace to the Lantronix leadership team," said Steve Burrington, VP of Global R&D at Lantronix. "Scott's experience in managing large-scale, multi-site engineering and program management organizations will be instrumental as we continue to strengthen our position as a leader in Connect, Compute and AI. His appointment underscores our commitment to hiring the best talent to execute on our large-scale vision."

Wallace's appointment marks another significant step in Lantronix's attraction of seasoned industry leaders to fuel its strategic growth in IoT and AI-enabled computing solutions.

About Lantronix

Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth markets, including Smart Cities, Enterprise and Transportation. Lantronix's products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that enable AI Edge Intelligence. Lantronix's advanced solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

For more information, visit the Lantronix website.

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