SOURCE: Lattice Incorporated
PENNSAUKEN, NJ--(Marketwired - Jan 29, 2014) - Lattice Incorporated (OTCQB: LTTC) ("Lattice" or the "Company"), a cloud-solutions provider of inmate management network systems for correction facilities, completed an 87-station video visitation installation at the Surrey Pretrial Services Centre, in Surrey, British Columbia.
Lattice's video visitation system is a web-based technology that allows secure communication between inmates and their family and friends from any location equipped with a computer, internet access, and webcam, providing a convenient alternative to traveling to correctional facilities for on-site visitations.
Lattice first entered the corrections market in western Canada in 2006 and has continued to gain market share in the region, which prompted the Company's launch of a Canadian subsidiary, Lattice Communications, Inc., in the third quarter of 2013 to further capitalize on the growing demand.
According to a 2013 report by CBC News, the Correctional Service of Canada's budget has increased 40% over the past five years to $2.6 billion, as Canada's prison population has surged to an all-time high.
"We're very excited to see continued sales momentum in Canada," stated Paul Burgess, CEO of Lattice. "Recognizing the market opportunity and growing demand in the region, we opened a dedicated Canadian operations center in Mississauga, Ontario during the fourth quarter to better serve our customers as we continue to focus on gaining further market share. The video visitation technology acquisition from InnoVisit in late 2013 has proven to be a great strategic move for Lattice and has broadened our service offering, allowing us to deepen our relationship with existing accounts and new 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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