QualityStocks would like to highlight Lattice, Inc. (
OTCQB: LTTC), focused on a high growth communications sector. The company provides call management technology for high security installations such as correctional facilities. Their systems enable communications between those in secure facilities and their families and friends. These systems also offer sophisticated investigative tools to the facility administrators. Lattice also licenses its innovative technologies to other service providers in the telecommunications and secure communications industries.
In the company’s news,
Lattice reports that it has acquired InnoVisit’s video conferencing technology to strengthen Lattice’s Integrated Corrections Operating Network (ICON).
The newly purchased technology will be integrated with ICON, a strong technology platform that provides secure, cloud-based management of all customer, payment, and accounting data for correctional facilities. The transaction also provides Lattice with the opportunity to increase its revenue growth.
“We’ve had a great working relationship with InnoVisit for more than a year,” Paul Burgess, CEO of Lattice stated in the press release. “Our customers have been very pleased with InnoVisit’s technology and its seamless integration into our ICON platform. We plan to take advantage of new cross-selling opportunities with current customers and previous installations, and this technology has strengthened our competitive position, which should lead to accelerated sales growth as we expand our marketing efforts.”
As a leading provider of video conferencing technology to the corrections market, InnoVisit has deployed its video visitation technology in more than 90 facilities in 26 states and Canada.
About QualityStocks
QualityStocks, based in Scottsdale, Arizona, is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their investor communication efforts and connecting subscribers with companies that have huge potential to succeed in the short and long-term future.
To sign up for The QualityStocks Daily Newsletter, please visit www.QualityStocks.net
To connect with QualityStocks via Facebook, please visit http://Facebook.com/QualityStocksPage
To connect with QualityStocks via Twitter, please visit http://Twitter.com/QualityStocks
Please read FULL disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.net
Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
