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Lantronix Elects Larry Sanders As Chairman - Quick Facts

Lantronix Inc. (LTRX: Quote) announced its new slate of directors, approved at its December 15, 2010 Annual Meeting of Shareholders. The new board would consist of 7 members, including newly-elected board's Chairman, Larry Sanders.

The company concurrently announced that Hoshi Printer was newly elected to the Lantronix board. Sanders noted, "Our priority is to enhance shareholder value. With a stronger management team and an expanded product line, we expect to see improved revenue and profit growth in the coming year."

Sanders recently served as a director of Xantrex Technology Inc., and has served on the boards of 6 different companies.

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by RTT Staff Writer

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