PENNSAUKEN, NJ — (Marketwired) — 10/14/14 — Lattice Incorporated (OTCQB: LTTC) (“Lattice” or the “Company”), a cloud-solutions provider of inmate management network systems for correction facilities, completed two installations of its Integrated Corrections Operating Network (“ICON”) platform at correctional facilities in Texas and Oklahoma.
Lattice completed the ICON installations and began services at the 101-bed Winkler County Detention Center in Kermit, Texas, on September 30, and at the 30-bed Cotton County Jail in Walters, Oklahoma, on October 8.
“We–re continuing to add to our recurring revenue streams and gaining deeper penetration into key regions, strengthening our brand recognition in the industry,” stated Paul Burgess, CEO of Lattice. “With more and more facilities nationally and internationally seeing the value in our proprietary ICON platform, our sales momentum continues to build. We look forward to providing further updates on our success moving forward.”
ICON is an integrated communications system 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 corrections 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 .
Safe-Harbor Statement under the Private Securities Litigation Reform Act of 1995: 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.
Contact:
Investor Relations
Jon Cunningham
RedChip Companies, Inc.
Tel: +1-800-733-2447, ext. 107
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