Category Archives: Businesses

SECURUS Technologies CEO, Rick Smith Cuts Prison Communications Costs

CEO Rick Smith of Dallas, TX-headquartered SECURUS Technologies, a security firm specializing in investigation, monitoring, public safety and parolee tracking solutions, has been improving the communications options available to corrections facilities inmates nationwide with his company’s cost-effective offerings. SECURUS has invested more than $600 million in the development and acquisition of hundreds of security technologies and services. Last year, the company entered into intellectual property deals with more than a dozen of its competitors that allowed the firm to add 60 new patents to their existing 245. Rick Smith has given estimates that the company files an average of 25 new patents per year.

Under the CEO’s leadership, the company has reduced the costs of calls that is charged to incarcerated inmates by nearly 40 percent. That impressive figure is further bolstered by the increase in the numbers of installations at corrections facilities that has grown by 137 percent to 3450 sites between 2011 and 2017.The average cost of a call made by inmates in 2008 was $3.28. That figure was reduced to approximately $2 in 2016.Promoting the importance of reducing recidivism, SECURUS has invested over $200 million in selected offerings geared towards improving the lives of inmates after their release from prison.

Earlier this year, Rick Smith outlined his vision for the future of inmate communications, increasing the options available to prison populations. Reduced pricing, more educational programs and job placement services, the option to use their own cell phones to make calls and improvements to communications systems that will improve bail processing and booking times are among the improvements that Smith envisions.The SECURUS communications services support an incarcerated population of more than 1.2 million across the country.

About Rick Smith

Owner and CEO of SECURUS Technologies, a leading provider of civil and criminal security solutions that improve public safety and deliver modern communications services to incarcerated populations across North America, Rick Smith joined the firm in 2008.Prior to his involvement with SECURUS, Smith was the CEO, COO and Director at Echelon Telecom, Inc. and the VP of Frontier Corporation. Rick Smith Securus earned a Bachelor’s of Science from State University, a Master’s Degree in Mathematics from Brockport and an MBA from Rochester University.

Matthew Autterson | Charitable Activity

Matthew is a member of the Board of Falci Adaptive Biosystems. Falci Adaptive Biosystems (FAB) is a nonprofit organization dedicated to helping those with neuromotor disabilities increase their ability to control and interact with their environment.

 

FAB works closely with engineering experts and leading medical centers to develop novel technologies and rapidly transition these into rehabilitation and adaptive systems. Through our Falci Adaptive Motorsports program, auto racing is used as a promotional and inspirational platform for those who are wheelchair bound.

 

He is currently President and CEO of CNS Biosciences, Inc. a company that was founded in 2013 by Scott Falci M.D., devoted to drug discovery for neuropathic pain.

 

He was the president of one of the leading state-charted financial institutions in the country.

Education

Matthew Autterson attended Michigan State University where he graduated with a bachelor’s degree in finance in 1979. He also attended the University of Denver Graduate Tax Program.

Career

Autterson began his career at First Trust Corporation a subsidiary of Fiserv.  Later in 1982, Matthew left and joined a small team to establish a new state-chartered trust company in Colorado as a subsidiary of New York-based financial services company Integrated Resources, Inc. In 1986, he became the president of Resources Trust Company, which was acquired by Broad Inc. in 1989 together with other assets owned by Integrated Resources. The company later became Sun America that was purchased by AIG for $18B in 1998. AIG then sold the company to Fiserv in 2001.

 

Before the sale, Resources Trust Company was one of the largest FDIC-insured, state-chartered trust companies in the US. It offered custodial and depository services to more than 200,000 customers that were introduced to the firm by more than 15,000 registered financial advisors. It held more than $1B in deposits and more than $20B in custodial assets and 700 employees.

As a leader in Colorado’s business community, FAB represents Mr. Autterson’s current philanthropic interests following many years of leadership roles with the Board of the Denver Zoo, and Denver Zoological Foundation, the Webb-Waring Foundation and as Chairman of the Board of Directors of Denver Hospice. Mr. Autterson is a former officer and member of the Young Presidents Organization and World Presidents Organization.

You can find Matthew on Linkedin and other social media platforms.

Visit Matthew Autterson’s personal website to learn more.