PENNSAUKEN, NJ — (Marketwired) — 02/10/15 — Lattice Incorporated (OTCQB: LTTC) (“Lattice” or the “Company”), a cloud-solutions provider of inmate management network systems for correctional facilities, recently completed two new installations of its Integrated Corrections Operating Network (“ICON”) Phone system platform. The installations took place at the 186-bed Osage County Jail in Pawhuska, Oklahoma and the 36-bed Hughes County Jail in Holdenville, Oklahoma. The Company will also install its ICON Deposit Kiosk in the Osage County facility, enabling inmates– friends and family to securely deposit funds into inmates– accounts.
Lattice currently serves 35 facilities in Oklahoma. “We are excited about our new partnerships with the Osage County and Hughes County correctional facilities,” stated Paul Burgess, CEO of Lattice. “We continue to grow our market share in Oklahoma, partnering with more than a third of the county correctional facilities in the state. Our share increase is a testament to our strong focus on delivering greater efficiencies, revenue-generating opportunities, and unparalleled service to our clients. With increased penetration of our ICON platform in Oklahoma and surrounding states, we are confident in our ability to achieve steady revenue growth.”
Lattice–s phone system is a solution within ICON, an integrated communications platform for correctional facilities, offering telephone calls, voicemail, video visitation, e-mail, text messaging, and social media. The platform also includes a facility management and accounting package that enables efficient management of all prison processes, including telephone calls, commissary purchases, point-of-sale kiosks, biometrics, booking, incident reporting, and more. ICON–s automated payment processing, billing, and accounting features reduce administrative overhead for correctional facilities. ICON is designed to improve efficiency and accountability for correctional facilities ranging from large multi-facility operators to small individual facilities.
Lattice Incorporated provides advanced information and communications technology solutions to corrections facilities 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 facilities that require highly secure solutions. For more information, visit .
This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company–s financing plans; (ii) trends affecting the company–s financial condition or results of operations; (iii) the company–s growth strategy and operating strategy; and (iv) the risk factors disclosed in the Company–s periodic reports filed with the SEC. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company–s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk factors disclosed in the company–s Forms 10-Q previously filed with the SEC.
Contacts:
Investor Relations
Jon Cunningham
RedChip Companies, Inc.
Tel: +1-800-733-2447, ext. 107
Corporate
Scott Raskas
Director of Marketing
Lattice Incorporated
Tel: +1-856-910-1166, x2113
You must be logged in to post a comment Login