Lantronix Ends the Era of Region-Locked IoT Routers With One Globally Certified SKU

New NTC-201 Series connects, monitors and automates remote assets anywhere in the world, all from a single cellular router - no regional variants, no inventory guesswork, no stranded deployments

IRVINE, Calif., July 16, 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 expanded its NDAA-compliant NTC family of industrial IoT cellular routers with the NTC-201 Series, a single, globally certified cellular router built to eliminate the cost and complexity of deploying connected assets across borders.

The Challenge: Region-Locked SKUs Are Taxing Global IoT Rollouts

Every new market a company enters can mean a new router SKU to source, certify and stock. Fragmented, region-locked cellular hardware forces industrial IoT companies to manage parallel inventories, navigate separate certification cycles and absorb the cost and delay of country-specific variants. This slows deployments, complicates support and drives up total cost of ownership precisely as customers race to scale connected assets worldwide.

The Solution: One Certified SKU, Deployed Anywhere

Lantronix's NTC-201 Series resolves this complexity with a single, globally certified router that standardizes deployment across every region and simplifies inventory for customers and channel partners alike. Built on a secure, diversified supply chain free of geopolitical sourcing risk, it cuts time to deployment, removes the burden of managing regional variants and reduces costly truck rolls. Long-life LTE Cat 1bis connectivity further protects field assets from being stranded by the global 2G/3G network sunset.

Natively managed at scale through Lantronix's Percepxion™ cloud platform, the NTC-201 lets customers securely provision, monitor and update entire device fleets worldwide, including pushing EU Cyber Resilience Act (CRA)-mandated security patches across the full asset lifecycle. Zero-touch provisioning brings devices online in minutes, not days, while a full routing platform with enterprise-grade protocols (VPN, SNMP, TR-069, LwM2M) ensures secure, seamless integration into existing IT infrastructure, capturing edge intelligence while containing total cost of ownership.

NTC-201 Series: Built to Eliminate Deployment Friction

• One SKU, everywhere. A single globally certified router eliminates the need to stock, certify and manage regional variants. Competitors typically require a separate SKU per region.
• Online in minutes. Zero-touch, automated provisioning gets devices connected without specialized installer skills, cutting deployment time and field labor costs.
• Secure by design. NDAA-compliant with a diversified, non-China-based supply chain - a sourcing assurance many competitors cannot offer.
• Cloud management included. Percepxion fleet management ships natively rather than as a separate license, plus open LwM2M and TR-069 support for flexible management without vendor lock-in.
• Built for the fiel IP40 ingress protection delivers stronger protection for electronics than several lower-rated competitive routers.
• Future-proof connectivity. Standard LTE Cat 1bis runs on existing global carrier networks today with no special RAN upgrades or new rollouts required while guarding against the 2G/3G sunset.
• Compliance built in. EU Cyber Resilience Act (CRA)-ready, with remote CVE patching and fleet-wide firmware updates at a fraction of the cost of a site visit.

Positioned for a Rapidly Expanding Industrial IoT Market

Lantronix's Industrial IoT portfolio positions the company to capitalize on sustained, multi-year growth in connected infrastructure and remote asset management. According to Grand View Research, the global Industrial IoT market is expected to exceed $1 trillion by the end of the decade, driven by rising demand for secure connectivity, remote monitoring and intelligent automation across distributed assets.

The NTC-201 Series is built for industries that depend on always-on, globally certified cellular connectivity, including retail, smart buildings and cities, utilities and light industrial automation. Target applications span point-of-sale terminals, vending machines, digital signage, kiosks, EV chargers and security and alarm panels.

"Global IoT deployments shouldn't be constrained by regional hardware variants and supply chain complexity," said Saleel Awsare, CEO of Lantronix. "Our new NTC-201 Series delivers a single, globally certified platform that dramatically simplifies worldwide deployments, accelerates time to value and lowers the total cost of ownership for customers managing distributed assets. As organizations increasingly rely on real-time intelligence at the edge, the NTC-201 strengthens our position in the rapidly expanding Industrial IoT connectivity market."

Investor Takeaways

• Expands addressable market and competitive differentiation. A single-SKU, globally certified platform removes a major customer pain point - fragmented regional hardware - positioning Lantronix to capture demand across retail, smart cities, utilities, EV charging and industrial automation while accelerating channel adoption.
• Builds recurring, higher-margin revenue potential. Native integration with the Percepxion cloud platform creates a path to recurring revenue from device management, monitoring, security updates and lifecycle services across large global fleets.
• Reinforces positioning in regulated, mission-critical markets. NDAA compliance, a diversified non-China supply chain and CRA-ready security updates strengthen Lantronix's appeal to customers requiring secure, resilient and compliant infrastructure - supporting the company's broader strategy for profitable Industrial IoT growth.

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, 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.

"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 Industrial IoT market, customer adoption of the Company's NTC-201 Series and Percepxion platform, the Company's ability to expand recurring software and services revenue, and Lantronix's positioning to capitalize on long-term growth opportunities in Industrial IoT connectivity and remote asset management 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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