March 23 (Reuters) - VOTI Detection Inc VOTI.V :
* VOTI DETECTION REPORTS FISCAL 2020 FIRST QUARTER RESULTS
* VOTI DETECTION INC - INTRODUCES SUBSTANTIAL COST CUTTING PROGRAM INITIATIVES
* VOTI DETECTION INC - DECIDED TO SUSPEND ANY GUIDANCE AT THIS POINT IN TIME
* VOTI DETECTION INC - INITIATED DISCUSSIONS WITH CURRENT AND POTENTIAL NEW LENDERS
* VOTI DETECTION INC - COST REDUCTIONS OF $1.5 MILLION INCLUDE REDUCTIONS IN EXECUTIVE AND SENIOR LEADERSHIP COMPENSATION
* VOTI DETECTION - $1.5 MILLION COST REDUCTIONS ALSO INCLUDE REDUCTIONS TO IMPROVE OPERATIONAL EFFICIENCIES, REDUCTIONS IN COST OF COMPONENTS IN SCANNERS