FREE E-MAIL ALERTS

  • ABOUT HAWK
  • HAWK CLIENTS
  • HAWK SERVICES
  • CONTACT HAWK
Lattice Awarded U.S. Air Force Contract for IED Detection

Enters $23 Billion IED Detection Market


06/11/12

Pennsauken, NJ – June 12, 2012 -- Lattice Incorporated(OTCBB: LTTC), a provider of advanced information and communications technology solutions to the corrections industry and key government agencies, announced today that the company’s Government Services division has been awarded a Small Business Innovative Research (SBIR) project for IED (improvised explosive devices) detection with the United States Air Force. The fixed price contract is worth approximately $750,000 and continues for 18 months.

Lattice CEO Paul Burgess said, “The global market opportunity for counter-IED technologies is estimated to exceed $23 billion, according to Homeland Security Research Corporation. This market is expected to expand exponentially as greater numbers of sensor classes and sensors are added to the system, both for IED prediction applications and general decision support functions. We are hopeful this will provide us with a strong entry point into this large market segment.”

The company has been invited to speak about this technology at the Air Force 2012 National Fire Control Symposium (NFCS) at Nellis AFB Monday, July 30th 8:20-8:40am: http://www.usasymposium.com/nfcs/agenda.htm

About Lattice Incorporated
Lattice Incorporated is a provider of advanced information and communications technology solutions to the government and commercial markets. The company’s Lattice Government Services division designs, deploys and manages advanced technological solutions at key government agencies and for mid- to large-sized enterprises. The company’s Lattice Secure Communications division provides core proprietary platforms that develop customized software applications with military grade security for markets including correctional facilities that require highly secure solutions. For more information, visit http://www.latticeinc.com.

Investment profile about Lattice: http://www.hawkassociates.com/lttcprofile.aspx.

An online investor relations kit including copies of press releases, current price quotes, stock charts and information for investors is available at http://www.hawkassociates.com. To receive free e-mail notification of future releases for Lattice, sign up at http://www.hawkassociates.com/about/alert/.

Safe Harbor Statement
Safe-Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; and (iv) the risk factors disclosed in the Company's periodic reports filed with the SEC. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk factors disclosed in the company's Forms 10-K previously filed with the SEC.

Investor Relations contact:
Hawk Associates
Frank Hawkins
305-451-1888
e-mail: lattice@hawkassociates.com.

Back To Top