Lattice Incorporated (OTC:LTTC)

WEB NEWS

Thursday, July 5, 2012

Pump and Dump Watch

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Wednesday, April 11, 2012

Comments & Business Outlook
ENNSAUKEN, NJ, Apr 11 (Marketwire) -- Lattice Incorporated (OTCBB: LTTC), a provider of technology to the corrections industry and secure technology solutions to key government agencies, announced today major progress in the corrections technology offerings of its Secure Communications segment and said it expects the company will be EBITDA positive in the first quarter of 2012.

CEO Paul Burgess said, "We are steadily expanding our corrections technology services and finished 2011 with over 3,500 inmates on our direct prison network. We anticipate a healthy growth rate in 2012 following the award of a number of contracts that are pending installation including a recent award of an 800-bed facility in Pennington County, South Dakota.

"Providing the industry's leading technology and service for inmate communications, we have recently installed seven new sites that are already generating profitable revenue. We are very encouraged by this progress. Our Secure Communications business provides us with multiple avenues for growth in 2012. From what we can see at this point, 2012 should provide us with substantial improvement over 2011. This marks a significant overall turnaround for the company and will drive our growth in 2012," Burgess said.



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