General Payment Systems Signs Largest Alternative Payment Account in Company History With Riverside County, CA Agreement

IRVINE, Calif., Nov. 15, 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 signed its largest alternative payment account through an expanded agreement with Riverside Superior Court, CA.

After winning the RFP (Request for Proposal) to provide kiosk payment services in Riverside, General Payment Systems was asked to demonstrate its capabilities through a beta test in Riverside's Moreno Valley location. Following the completion of the successful beta, General Payment Systems has now expanded to three additional installations, with kiosks deployed at Larsen, Hemet and Southwest Superior Court locations.

The agreement also calls for the installation of kiosks at three more court locations in Riverside.

General Payment Systems' kiosks in Riverside have been customized to accept cash and checks as payment for traffic tickets. The newly developed software/kiosk can also dispense cash to the customer for change providing yet another way the Company's leading edge technology can help alleviate frustrating lines at the windows and reduce labor costs.

"Our agreement with Riverside sets the stage for the largest alternative payment account in Company history," stated Ron Hodge, CEO, General Payment Systems. "And it gives us further traction in California where winning RFP's and accounts can increase the likelihood of future penetration. Ultimately, we expect Riverside and all its locations to be a critical source of revenue and market leverage."

The introduction of General Payment Systems' technology in Riverside was recently covered in The Press-Enterprise, the area's leading newspaper. Click here to view:

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.

About CSRA Probation Services, Inc./Georgia Corrections Corporation

The company has demonstrated a standard of excellence in the field of court services. We are uniquely qualified to provide a wide array of community supervision options to local courts, counties, and cities. Our services are generally offender funded which results in no cost to the courts or the taxpayers. We provide services that result in significant savings to the cities, counties, and courts that we serve. Our services, from managing a hands-on supervision program to assisting with administrative support, provide a direct benefit to the court, the offender, and the community.

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Forward-Looking Statements

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 (702) 396-1000Source:General Payment Systems, Inc.