IRVINE, Calif., Oct. 18, 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, through its licensee EZ Pay Corporate, has opened its latest Texas location, this time in Montgomery County, TX.
Through General Payment System's proprietary kiosks and technology, this account located inside the Montgomery County Sheriff's Office in Montgomery County, will accept building permits, renewals for health permits, septic permits and manager's class fees, in addition to jail and corrections payments.
"This opening by our valued licensee provides both actual and virtual expansion as we gain more locations in Texas and provide payment services for an increasingly wide variety of payment types," stated Ronald Hodge, CEO, General Payment Systems. "We applaud our licensee for their efforts in broadening our footprint in municipal payment services. We hope to use this account to demonstrate our ever-widening payment capacity to potential new accounts in the area."
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.