Lantronix Named the 2025 Industrial IoT Company of the Year by Leading Market Research Firm CompassIntel
IRVINE, Calif., June 24, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced that Lantronix has been named the 2025 Industrial IoT Company of the Year by CompassIntel, a leading market research and advisory firm specializing in metrics-driven market intelligence and insights for the mobile, IoT and high-tech industries.
The 13th annual CompassIntel Awards honor companies, vendors and organizations that have demonstrated innovation, leadership, disruption and excellence in the mobile, IoT, business tech and emergency technology industries. Winners were chosen by a panel of industry-leading press, editors, journalists, thought leaders and analysts.
"We are honored to receive the 2025 Industrial IoT Company of the Year Award from CompassIntel. At Lantronix, we are dedicated to driving innovation and accelerating our customers' success by equipping them with cutting-edge IoT technologies and services that propel them into the future," said Saleel Awsare, CEO and president of Lantronix Inc. "Our long-term partnership with Qualcomm and other key industry leaders allows us to create and deliver groundbreaking IoT solutions, enabling our customers to leverage the power of Edge AI Intelligence."
“As we celebrate the 13th Annual CompassIntel Awards, we honor the trailblazers and visionaries shaping the future of technology and innovation. These recipients, including Lantronix, represent the best in their fields, pushing boundaries and driving transformation across industries,” said Stephanie Atkinson, CEO & founder of Compass Intelligence.
About Compass Intelligence
Compass Intelligence is a market research and advisory firm specializing in metrics-driven market intelligence and insights for the mobile, IoT, and high-tech industries serving tech clients for more than 17 years. Compass Intelligence provides executive insights, market sizing/forecasting and modeling, competitive analysis, strategic consulting, advisory services, trending analysis, and survey research services. Compass Intelligence helps guide strategic business decisions and supports in the success of our clients through delivering content engagement, go to market planning, competitive positioning, and strategic advisory. For more information, please visit .
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 .
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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 related to Lantronix products or leadership team. 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 the COVID-19 pandemic or other outbreaks, wars and recent tensions 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, 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, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024, 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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