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lattice inc (LTTC) Snapshot

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52 Week High
03/11/14 - $0.26
52 Week Low
11/5/14 - $0.06
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lattice inc (LTTC) Details

Lattice Incorporated provides telecommunications services to correctional facilities and specialized service providers in the United States. The company’s products and services include Nexus Call Control systems that offer call control and management tools for investigation and law enforcement in the inmate telephone control industry. It also offers transaction based services to other service providers for providing telecommunication services to facilities that require secure call management solution; and correctional facilities with a call control service that enables inmates to make phone calls while providing the security and investigative features required in correctional facilities. In addition, it provides communication services; and engineering services to other technology companies and government agencies, as well as sells or licenses its proprietary technology. The company was formerly known as Science Dynamics Corporation and changed its name to Lattice Incorporated in February 2007. Lattice Incorporated was founded in 1973 and is based in Pennsauken, New Jersey.

26 Employees
Last Reported Date: 03/31/14
Founded in 1973

lattice inc (LTTC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $250.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $175.0K
Compensation as of Fiscal Year 2013.

lattice inc (LTTC) Key Developments

Lattice Incorporated Obtains Certification to Provide Inmate Phone Service in Florida

Lattice Incorporated obtained certification to provide its inmate phone service in Florida. This certification enables the company to offer its robust suite of phone, inmate account management, and voicemail solutions. Lattice's phone service is a solution within its Integrated Corrections Operating Network platform, an integrated communications system for correctional facilities, offering secure telephone calls, voicemail, video visitation, e-mail, text messaging, and social media. ICON also includes a facility management and accounting package that enables efficient management of all prison processes, including communications, 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.

Forsyth County Detention Center Selects Lattice's NetVisit Video Visitation Platform

Lattice Incorporated signed a new contract to install its NetVisit video visitation platform at the Forsyth County Detention Center in Cumming, GA. The installation is expected to be completed this month. NetVisit is a cutting-edge solution that offers a safe, cost-effective alternative to traditional on-site visits. The platform minimizes inmate transport, providing greater security and less administrative burden for prison facility staff. An inmate's friends and family can conduct NetVisit video calls at the facility or remotely.

Lattice Incorporated Appoints Richard Stewart and Robert Wurwarg to its Board of Directors

Lattice Incorporated announced the appointment of Richard Stewart and Robert Wurwarg to its Board of Directors. The retired Vice Chairman of Lehman Brothers, Richard Stewart is the Chairman Emeritus of Heritage Capital Resources, LLC. In addition to Lehman Brothers, Stewart has held senior executive positions at Citicorp, Kidder Peabody, and Merrill Lynch. Robert Wurwarg is an attorney and business advisor with more than 35 years of experience in the tax and corporate law aspects of a broad range of sophisticated business transactions including mergers, acquisitions, dispositions, restructurings, joint ventures and other investments. Most recently, until his retirement, he was a senior tax principal in Deloitte & Touche LLP's Mergers and Acquisitions Practice in New York and had been a tax partner at Dechert for many years.


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