Securus Technologies has invested in growth for the last number of years. One of their ways of doing this is by acquiring other companies. In 2015 they acquired JPay Inc. which is a company that provides technology to correctional facilities. Among these are email, electronic payments, as well as educational and entertainment apps. What they offer fits in nicely with Securus Technologies existing technology also used in correctional facilities.
As the top executive at Securus Technologies, Chief Executive Officer Rick Smith talked about this acquisition of JPay. He said that what JPay does is the fastest growing element in contracts with correctional facilities. He said that after the acquisition his company could offer prisons and jails every type of technology they need in order to be a modern day facility. He continued, saying that his company offered the best products at the best prices which helped the ultimate goal which was a reduction in crime and recidivism.
Ryan Shapiro is the CEO of JPay. He said that his products offered a great value and he looked forward to expanding the number of correctional facilities their products and services are used in. At the time of the acquisition, JPay products were used in 33 state prison systems. Securus Technologies, though, serves more than 2,600 correctional facilities. The combination of the two companies will greatly help JPay products reach a wider audience.
As CEO of Securus Technologies, Rick Smith takes customer comments about his company seriously. He says his company has a duty to reduce crime and keep people safer. He has released some of the thousands of comments his company has received over the past few years. The feedback details how his company’s products are used to keep prisons safer as well as not only prevent crime but also solve it when it does occur.
Securus Technologies helps keep everyone more secure which includes prison staff, the incarcerated, their families, and the broader community. The letters that Rick Smith released show that his company’s efforts have been paying off in this effort. It also shows that safety is one of the core values of Securus Technologies.
Before arriving at Securus Technologies, Rick Smith spent years in the telecommunications industry. He holds a degree in engineering which he acquired at the State University of New York at Buffalo. He also has a masters, earned at the same college, and an MBA from the University of Rochester.
The first company that Rick Smith worked for was Global Crossing North America Inc., which he joined in 1972. He left this telecommunications company in 1998 when he became the CFO at Eschelon Telecom Inc. It was in 2014 that he joined Securus Technologies as their top executive.