IRVINE, Calif., Oct. 14, 2013 (GLOBE NEWSWIRE) -- General Payment Systems, Inc. (OTC:GPSI) (the "Company") - a payment processing technology company that specializes in the $500 billion government payment space, is pleased to announce that the Company has agreed to provide kiosk payment technology for the City of Huntington Park facility in California with an expanded municipal payment system.
For the first time, General Payment Systems will allow for municipal payments for Parks and Recreation services, furthering the Company's penetration and potential in the municipal payment arena. Parks and Recreation processing will now be made available to all existing and future accounts.
"While we are most pleased to add Huntington Park to our roster of active accounts we are also elated to demonstrate the versatility of our kiosk and technology by adding Parks and Recreation payments to our service offering," added Hodge. "Huntington Park residents will soon be able to use our kiosks to pay for police and law enforcement related payments, utilities and Parks and Recreation expenses."
"Our goal is to leverage our successes in the corrections industry to penetrate the vast municipal payment market. Today is another significant step forward," added Hodge.
About General Payment Systems
General Payment Systems Inc. (dba EZ Card and Kiosk) is a technology company that provides government agencies with proprietary hardware (Kiosks) and cloud based software systems that automate the process of collecting payments from the general public (Cash, Debit and Credit). These systems deliver payment acceptance, real-time accounting and payment risk-mitigation services. The company distributes these technologies through direct sales, channel partners, and various licensed entities.
For more information visit www.ezcardandkiosk.com
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This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words or phrases "would be," "would allow," "intends to," "will likely result," "are expected to," "will continue," "anticipate," "expect," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These include the company's historic lack of profitability, end user customer acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations and other risks within the regulation of the industry. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance isn't necessarily indicative of its future performance. The Company doesn't undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
CONTACT: Investor Contact: Integrity Investor Relations www.IntegrityIR.com (702) 396-1000Source:General Payment Systems, Inc.