Author: Asianet Pakistan

Lantronix’s new NTC-500 Series enables enterprises to achieve next-gen mobility, real-time insights and improved ROI

IRVINE, Calif., July 17, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions enabling Edge AI Intelligence, today launched its new NTC-500 Series rugged industrial-grade 5G router, designed to transform the economics of enterprise mobility and connectivity. This NTC-500 Series product launch is a direct result of Lantronix’s acquisition of NetComm Wireless, validating Lantronix’s strategic investment as well as underscoring its global position as a provider of cutting-edge connectivity solutions for enterprise and industrial IoT markets.

The NTC-500 Series positions Lantronix to capitalize on the accelerating global shift toward wireless industrial infrastructure. With carrier certification, global approvals and a disruptive price point, the NTC-500 Series empowers enterprises to eliminate costly Ethernet infrastructure — potentially thousands of dollars per drop — while retaining the high-speed, low-latency performance traditionally associated with wired networks.

By addressing key pain points, such as high deployment costs, long installation timelines, limited mobility and the need to support a high density of connected end points, the NTC-500 solution opens new revenue streams across private 5G, edge computing and industrial automation markets. Its flexible, future-ready design supports a wide range of use cases, enabling customers to scale efficiently while reducing total cost of ownership.

“Lantronix has redefined the economics of industrial 5G mobility and critical connectivity,” said Daniel Quant, head of Industrial IoT Products and Business Line at Lantronix. “The NTC-500 Series delivers a rugged, globally approved and carrier-certified 5G solution at a breakthrough price point, enabling customers to scale digital transformation faster, future-proof their infrastructure investments and significantly reduce operational costs.”

Private-5G ready, the NTC-500 Series supports the n48-CBRS band, n77 & n78 and more, enabling the rapid digitization of previously stranded or mobile assets. This unlocks new levels of automation, operational agility and productivity across enterprise and industrial segments.

According to ABI Research’s 1Q 2025 Private Cellular Network Forecasts, the 5G market will grow from $2.7 billion in 2025 to $29 billion by 2030. Private 5G deployments in sectors such as manufacturing and healthcare are accelerating, driven by demand for advanced cellular capabilities in mission- and safety-critical applications.

Award-Winning 5G Wireless Router

Lantronix’s NTC-500 5G Series has not only resonated with customers and partners, but it has also earned industry-wide recognition. Lantronix’s innovation was recently honored with the 2025 Industrial IoT Product of the Year Award from IoT Evolution World, a leading authority covering IoT technologies.

“Lantronix is a worthy recipient of a 2025 Industrial IoT Product of Year Award. Its NTC-500 Series is an outstanding representative of the diverse range of innovation that’s driving the multi-billion-dollar IoT market today. It is my honor to congratulate the Lantronix team for their innovative work and superior contribution to the rapidly evolving IoT industry,” said Rich Tehrani, CEO of TMC, publisher of IoT Evolution World.

Built for High-Scale, High-Impact Deployments

Supporting the latest 3GPP Release 16 5G features, the NTC-500 Series includes 5G Non-Standalone (NSA) and 5G Standalone (SA) with 4G-LTE fallback and Dynamic 5G Slicing, which enables complex end-to-end, on-demand quality of service solutions in partnership with leading carrier networks.

Key Capabilities and Use Cases

• High-Speed Data Transfer: Ultra-fast 5G data transmission for seamless communication between industrial assets and systems. Use Cases: Machine vision, remote inspections and firmware updates.
• Low Latency for Real-Time Control: Near-instantaneous data, critical for robotics, AGVs, and security systems. Use Cases: Autonomous robotic arms, AGV coordination access control.
• Cable-Free Connectivity for Improved Agility: Eliminate potentially thousands of dollars in cable runs, enabling flexible asset deployment. Use Cases: Modular production lines, pop-up logistics hubs, and reconfigurable warehouses.
• Site-Wide Mobility for High-Density Asset Connectivity: Reliable and deterministic wireless communication across large campuses with many endpoints. Use Cases: Smart factories, AGV and Smart Forklift fleets, outdoor logistics yards.
• Disruptive Price-Point: Enterprise-grade 5G at a price that expands addressable markets. Use Cases: Retail, QSR, mining, construction and cost-sensitive automation.

About Lantronix

Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth industries including Smart Cities, Automotive and Enterprise. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that address each layer of the IoT Stack. Lantronix’s leading-edge 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.

“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 and awards. 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; 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. The forward-looking statements included in this release speak only as of the date hereof, and we do not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.

Lantronix Media Contact:
Gail Kathryn Miller
Corporate Marketing &
Communications Manager
[email protected]
949-212-0960

Lantronix Analyst and Investor Contact:
[email protected]

GlobeNewswire Distribution ID 9495842

Entrance of the EAACI Congress 2025, SEC in Glasgow

ZURICH, July 17, 2025 (GLOBE NEWSWIRE) — With over 7,600 delegates in attendance, EAACI Congress 2025 made headlines not just for its scale but for the powerful message delivered by its leadership. Now, one month after the Congress concluded in Glasgow, EAACI’s top figures are sharing their reflections on what they call a turning point for the field. Held from 13–16 June at the Scottish Event Campus, the event championed the theme: “Breaking Boundaries in Allergy, Asthma, and Clinical Immunology: Integrating Planetary Health for a Sustainable Future.”

“This year’s Congress was a turning point,” said Prof. Maria Torres, EAACI President. “We are entering an era where scientific innovation, equity in care, and environmental health must move forward together.”

The programme featured over 250 hours of lectures, workshops, and symposia, covering groundbreaking advances in drug allergy, T2 inflammation, paediatric asthma, and hereditary angioedema. The Presidential Symposium tackled antimicrobial resistance through a One Health lens, while a timely session on climate change and insect allergy drew global attention to ecological impacts on patient care.

Far beyond the walls of the SEC, the EAACI Congress 2025 activated the entire city with initiatives that brought science to the streets. The Clinical Village at the Glasgow Science Centre welcomed the public for hands-on allergy education, while the Beat Allergy Walk & Run raised funds for the Glasgow Children’s Hospital Charity, reinforcing EAACI’s commitment to social impact and community engagement.

“The spirit of collaboration we witnessed in Glasgow was extraordinary,” said Prof. André Moreira, EAACI Vice President Congresses. “This energy is now translating into real-world initiatives and global partnerships.”

The Congress also highlighted EAACI’s dedication to mentorship, digital health innovation, and amplifying patient’s voices.

The countdown for the EAACI Congress 2026 in Istanbul has officially begun, but you won’t have to wait until then to dive back into cutting-edge science. From focused meetings to hands-on courses, EAACI has a packed calendar to keep you inspired all year long. Check out what’s coming next at https://eaaci.org.

About EAACI
The European Academy of Allergy and Clinical Immunology (EAACI) is Europe’s largest professional association in the field, committed to advancing research and care for those affected by allergic diseases.

Learn more: https://eaaci.org

Contact: [email protected] | +41 44 205 55 33

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/60c21700-f7c9-486c-a72f-f699174a926a

GlobeNewswire Distribution ID 1001118256

NAIROBI, Kenya, July 17, 2025 (GLOBE NEWSWIRE) — The OneSight EssilorLuxottica Foundation has reached a major milestone in the fight against the global vision crisis: over one million people across Africa have received a pair of eyeglasses since January 2025, as part of an urgent effort to address the continent’s unmet need for good vision.

Globally, an estimated 2.7 billion people live with uncorrected poor vision, mostly from refractive errors that can be easily corrected with eyeglasses. A disproportionately high number reside in Africa, where poor vision continues to undermine academic performance, reduce productivity, and limit the potential of entire communities.

Reaching one million people in just six months demonstrates what is possible when vision care is delivered with speed and strategic coordination. This achievement reflects a deliberate approach: meeting immediate needs while building sustainable access through local systems.

Philanthropic initiatives ensured that those most in need received care at no cost. At the same time, long-term access was strengthened by training entrepreneurs to operate rural optical points, supported by tele-refraction technology to overcome gaps in specialist availability and reduce time-to-delivery in remote settings.

Public-private partnerships were instrumental in accelerating progress, embedding vision care into existing health systems, leveraging local infrastructure, and scaling nationally in record time. Our efforts in Ethiopia, among others, demonstrate how close collaboration with governments can accelerate the integration of vision care into national health systems.

“In Zambia, we’ve seen firsthand how the ability to see clearly transforms lives, helping children succeed in school, adults return to work, and families build more secure futures. Integrating vision care into national systems is not optional; it is essential. The scale and speed of progress we’re seeing across Zambia shows what’s possible when governments and partners act decisively, and we look forward to continuing the momentum to ensure more people have access to the vision care they need,” said Dr Kennedy Lishimpi, Permanent Secretary, Technical Services, Ministry of Health, Zambia.

This year’s progress was also driven by increased alignment with governments through high-level roundtables hosted across Africa, aimed at advancing the World Health Organization’s SPECS 2030 initiative. These sessions successfully placed vision care firmly on the health and development agenda in several countries.

“We’re proud of what this milestone represents, not just in numbers, but in the lives changed. It reflects the hard work of local teams, the trust of our partners, and the growing momentum for vision care across Africa. This is a shared achievement, and we’re just getting started,” said Mustapha Njie, Head of the Foundation, Africa.

The Foundation remains committed to expanding access to vision care across Africa in alignment with the World Health Organization’s SPECS 2030 initiative. As more countries move toward adopting national vision programs, efforts will focus on scaling proven delivery models, strengthening integration into health systems, and reaching the next million, even faster than the first.

About the OneSight EssilorLuxottica Foundation

The OneSight EssilorLuxottica Foundation is a registered charitable organization dedicated to eliminating uncorrected poor vision within a generation. As part of EssilorLuxottica’s commitment to universal vision care, the Foundation works to expand access for millions in underserved communities worldwide. It is the Global Collaborating Partner of the World Health Organization’s SPECS 2030 initiative, which focuses on refractive error, myopia prevention, and improving access to care in low-resource settings. With operations in more than 130 countries, it is the largest organization in the world focused on refractive error correction and delivery.

Learn more at: onesight.essilorluxottica.com

Media Contact:

Tamana Mulchand

[email protected]

GlobeNewswire Distribution ID 9496050

Bitget Joins Ondo’s Global Markets Alliance to Expand Global Access to Over Hundred Tokenized RWAs

VICTORIA, Seychelles, July 17, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has officially joined the Global Markets Alliance, a collaborative initiative designed to align industry standards and promote interoperability for tokenized securities by Ondo Finance. This alliance brings together top players across the digital asset ecosystem to accelerate the adoption and accessibility of tokenized real-world assets (RWAs), including tokenized stocks, ETFs, and more.

As part of this partnership, Bitget users will soon be able to access over 100 tokenized U.S. equities, ETFs, and money market funds, expanding their investment universe beyond traditional crypto assets. The new offerings will go live on Bitget later this summer, aligning with the platform’s vision of enabling users to trade smarter and build diversified, resilient portfolios across varied markets.

Tokenized RWAs are an emerging segment in digital assets, created by the fusion of traditional finance and blockchain technology. By wrapping real-world assets, like equities, into blockchain-based tokens, they allow for 24/7 trading, lower barriers to entry, fractional ownership, and global accessibility. Features that are often limited or entirely unavailable in traditional financial systems are widely utilized.

“Tokenization will be the major driver of the next phase of digital asset adoption, its market is projected to reach trillions of dollars in the coming years. Supporting tokenized stocks is a step closer to our goal to help users trade smarter,” said Gracy Chen, CEO at Bitget. “Through our partnership with Ondo and the Global Markets Alliance, we’re contributing to a more global, liquid, accessible, and inclusive financial market.”

Ondo’s Global Markets Alliance was created to bring together trusted infrastructure partners, exchanges, custodians, and DeFi platforms to unlock borderless access to high-quality financial products. Its mission is to build a more open, inclusive, and interoperable financial system powered by tokenized assets. Founding members of the alliance include industry leaders such as Solana Foundation, LayerZero, Jupiter, Trust Wallet, Rainbow Wallet, BitGo, Fireblocks, 1inch, Alpaca, and now Bitget, among others.

“Bringing Ondo’s tokenized stocks and ETFs to Bitget will represent a significant step forward in our mission to make global financial markets accessible onchain. Bitget’s expansive user base will become a critical platform for onchain access to US equities as we continue building the infrastructure for institutional-grade onchain capital markets.” — Nathan Allman, CEO & Founder, Ondo Finance

With over 700 tokens listed and daily trading volume surpassing 3.5 billion USDT, Bitget ranks as the third-largest spot exchange globally according to CoinGecko. The addition of tokenized stocks and ETFs enable Bitget as an extensive ecosystem of crypto products, helping users navigate both digital and traditional assets.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP, one of the world’s most thrilling championships.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ae0898b9-37f8-4bb9-be24-7ad71464ce89

GlobeNewswire Distribution ID 1001118333

NEW YORK, July 17, 2025 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Red Cat Holdings, Inc. (NASDAQ: RCAT) between March 18, 2022 and January 15, 2025, both dates inclusive (the “Class Period”), of the important July 22, 2025 lead plaintiff deadline.

SO WHAT: If you purchased Red Cat securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Red Cat class action, go to https://rosenlegal.com/submit-form/?case_id=34624 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 22, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) the Salt Lake City Facility’s production capacity, and Red Cat’s progress in developing the same, was overstated; (2) the overall value of the SRR Program’s Tranche 2 contract (“SRR Contract”) was overstated; and (3) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Red Cat class action, go to https://rosenlegal.com/submit-form/?case_id=34624, call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 9495811

NEW YORK, July 16, 2025 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Fortrea Holdings, Inc. (NASDAQ: FTRE) between July 3, 2023 and February 28, 2025, both dates inclusive (the “Class Period”), of the important August 1, 2025 lead plaintiff deadline.

SO WHAT: If you purchased Fortrea securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Fortrea class action, go to https://rosenlegal.com/submit-form/?case_id=40017 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 1, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) Fortrea overestimated the amount of revenue the Pre-Spin Projects were likely to contribute to Fortrea’s 2025 earnings; (2) Fortrea overstated the cost savings it would likely achieve by exiting the transition service agreements (“TSAs”); (3) as a result, Fortrea’s previously announced EBITDA targets for 2025 were inflated; (4) accordingly, the viability of Fortrea’s post-Spin-Off business model, as well as its business and/or financial prospects, were overstated; and (5) as a result, Fortrea’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Fortrea class action, go to https://rosenlegal.com/submit-form/?case_id=40017 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 9495841