PENNSAUKEN, NJ -- (Marketwired) -- 01/07/14 -- Lattice Incorporated (OTCQB: LTTC) ("Lattice" or the "Company"), a cloud-solutions provider of inmate management network systems for correction facilities, announced completion of installations of its proprietary Integrated Corrections Operating Network (ICON) at the Lynn County Jail in Tahoka, Texas, and the Lincoln County Jail in Chandler, Oklahoma.
"We continue to build further sales momentum for our industry-leading corrections management and communications platform," stated Paul Burgess, CEO of Lattice, stated: "While the number of inmates we are servicing continues to rise, we've only scratched the surface on the potential $5 billion market opportunity for ICON. Each new installation represents further validation of the value that ICON represents to our clients and strengthens our recurring revenue streams, which we believe will lead to ongoing shareholder value improvement in the weeks and months ahead."
Lattice's proprietary ICON platform 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.
About Lattice Incorporated
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 http://www.latticeinc.com.
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