Lattice Corporation (LTTC)

[Axel]

Alpine 4 Technologies Plans to Add a New Tech Platform in the Correctional Services Industry with Its Proposed Acquisition of Lattice, Inc.
PHOENIX, Aug. 1, 2017 /PRNewswire/ -- Alpine 4 Technologies (ALPP) today announced that it has entered into a letter of intent to acquire all of the outstanding securities of Lattice Incorporated and letters of intent with certain of Lattice's creditors to convert their debt in Lattice into equity. The transaction will be subject to the parties to the transaction (including the holders of debt) entering into definitive agreements and the approval of Lattice's stockholders.

The companies expect the transaction to close by the end of 2017.

About Lattice

Lattice Incorporated, is a trusted global partner to correctional facilities. It provides a complete range of innovative inmate management and communications solutions that deliver greater efficiencies to facilities, reduce the administrative burden on their staff, provide them with revenue-generating opportunities, and connect their inmates with family and friends; serving approximately 350 correctional facilities and over 78,000 inmates in the United States, Canada, Japan, and Europe.