|By Marketwired .||
|July 7, 2014 07:00 AM EDT||
PENNSAUKEN, NJ -- (Marketwired) -- 07/07/14 -- Lattice Incorporated (OTCQB: LTTC) ("Lattice" or the "Company"), a cloud-solutions provider of inmate management network systems for correction facilities, completed a 146-station video visitation system installation at the newly-constructed Richmond City Justice Center in Richmond, Virginia.
The $134 million, 1,032-bed facility is being built to replace the current Richmond City Jail. According to Richmond County Sheriff C.T. Woody Jr., once completed, the state-of-the-art Richmond City Justice Center "Would be one of the five best jails in the United States."
Paul Burgess, CEO of Lattice, stated, "The decision by Richmond officials to use our video visitation technology in this state-of-the-art facility is testament to the quality of our product offerings. Our technology is now used in three facilities in the Commonwealth of Virginia, and we are actively pursuing opportunities for further expansion."
Lattice's video visitation system, a component of the Company's proprietary Integrated Corrections Operating Network ("ICON") platform, provides web-based communications for friends and family to communicate with inmates from their home, office, or anywhere equipped with a computer, internet access, and webcam, providing a convenient alternative to traveling to correctional facilities for on-site visitations.
ICON is Lattice's proprietary 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.
Safe Harbor Statement
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.
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