Lattice Signs Contracts for Two New ICON Installations
Company Strengthens Market Share in Texas and Oklahoma
(firmenpresse) - PENNSAUKEN, NJ -- (Marketwired) -- 10/01/13 -- Lattice Incorporated (OTCQB: LTTC) ("Lattice" or the "Company"), a provider of advanced information and communications technology solutions to customers globally, signed contracts for two new installations of its industry-leading Integrated Corrections Operating Network ("ICON") platform.
Lattice will install its ICON platform at the Lynn County Jail in Tahoka, Texas and the Lincoln County Jail in Chandler, Oklahoma. The Company expects to complete both installations in the fourth quarter.
"Interest continues to build for our ICON platform," stated Paul Burgess, CEO of Lattice. "With the addition of these two new facilities, we will now be serving seven locations in Texas and 30 in Oklahoma. Our market share gains in the region further validate the strength of our industry-leading communication and management solution for correctional facilities."
ICON is a robust proprietary technology platform that provides secure, cloud-based management of all customer, payment, and accounting data 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 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 .
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-K previously filed with the SEC.
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Datum: 01.10.2013 - 12:00 Uhr
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