PENNSAUKEN, NJ — (Marketwired) — 06/10/13 — Lattice Incorporated (OTCQB: LTTC) (“Lattice” or the “Company”), a provider of advanced information and communications technology solutions to customers globally, announced the launch of its cloud-based Integrated Corrections Operating Network (“ICON”) platform.
ICON is a robust proprietary application management platform designed specifically for the unique needs of correctional facilities. The platform consists of five major components: products and services management; customer information database; payment processing; accounting and billing; and customer care.
As a highly scalable cloud-based technology, ICON brings advanced solutions to the entire corrections market landscape, from large multi-facility operators to small individual facilities.
ICON leverages a centralized customer database to facilitate account management across all services and payment methods. The web portal allows friends and families to manage account information and transfer funds between accounts, while the centralized payment processing system greatly reduces the risk of fraud and simplifies accounting processes. Services include video visitation, commissary ordering, voicemail, email, e-devices, and phone accounts.
“The launch of ICON represents a major accomplishment for Lattice,” stated Mr. Paul Burgess, Chief Executive Officer of Lattice. “ICON allows for increased efficiency across all aspects of our customers- business practices, and it reduces the costs to develop new products and services.”
Although the U.S. accounts for 5% of the world-s total population, it makes up nearly 25% of the global prison population. The U.S. prison population is composed of approximately 2.7 million inmates and is growing at 3% annually. Lattice estimates the U.S. secured communications services market is valued at more than $2.0 billion.
Mr. Burgess continued, “We-ve already established a solid base of customers in the corrections market, both domestically and internationally, and with ICON we-re now positioned to accelerate our market penetration with an even more robust solution offering.”
Lattice Incorporated provides advanced information and communications technology solutions to customers globally. The Company-s innovative, cost-effective solutions leverage its proprietary Nexus platform, a real-time transaction processing engine, to develop and deliver customized cloud-based software applications with military-grade security for markets that require highly secure solutions. For more information, visit .
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RedChip Companies, Inc.
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