In 2015, Securus technologies announced that it had finalized its acquisition of JPay Inc. after signing a Stock Purchase Agreement. JPay is a leading tech company that created and introduced email, electronic payments, as well as educational and entertainment apps to the corrections market. It operates over 33 state prison systems.
After the acquisition, Securus owner and CEO Rick Smith acknowledged that Securus is now empowered to provide email, payment services, and tablets to correctional facilities. He was confident that the company could provide virtually any high-tech or software-based products needed by correctional agencies to operate their facilities. Smith expressed his happiness to combine efforts with JPay, a company that he had admired and watched as it grew over time. He added that JPay’s products provided security and reduced recidivism and Rick Smith’s lacrosse camp.
On the other hand, JPay Inc.’s CEO Ryan Shapiro said that his company was always eager to grow. He added that all products at the company delivered tremendous value to every stakeholder. The company’s concern remains the development of groundbreaking products that gain a massive-scale adoption. JPay will run as a wholly owned Securus subsidiary and as Rick Smith stated yesterday.
Securus Technologies Receives Positive Email Feedback
Securus Technologies provides technologies used by public safety agencies like law enforcement and correctional facilities. It focuses on justice technology (criminal and civil) solutions as well as the prevention and solving of prison crimes .
CEO Rick Smith believes that Securus Technologies is a strong investment. His sentiments are backed by thousands of positive emails from customers and the public alike thanking the company for its products and services. The company will continue to provide top-notch services and serve the community in the future and https://www.crunchbase.com/person/rick-smith-12.
Rick Smith has served as the Chief Executive Officer of prison services company Securus Technologies since June 23, 2008. He has a controlling ownership stake in the company and also chairs its board. Smith describes himself as a technology enthusiast, entrepreneur, and innovator. He lives in Dallas, Texas, and loves traveling and more information click here.
Smith is well educated. He has an associate’s degree that he received from the Rochester Institute of Technology. He also holds a bachelor’s degree (Engineering) from State University of New York (Buffalo), as well as a master’s degree (engineering) from the State University of New York. He, further, received a Master’s of Business Administration (MBA) degree from the University of Rochester.
From 1972 to 1998, Smith worked for Global Crossing North America Inc., where he held several positions throughout his stint. In 1998, he left to join Eschelon Telecom Inc. and served as Chief Financial Officer until April 2000. He became the company’s President and Chief Operating Officer in 2000 and remained at the company until 2007. He serves as a member of Integra Telecom Co Ltd.’s board and resume him.