IRVINE, Calif., Nov. 26, 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 Kern County, CA to an agreement which will result in the installation of the Company's kiosks in courthouses throughout Kern County.
On the heels of the Company's previous successes in California municipalities including Riverside County, General Payment Systems will deploy its full suite of kiosk services at each of the seven locations in Kern County, servicing a population in excess of 850,000 people.
"This is a tremendous accomplishment for our Company, to further expand in California and to add seven locations via one contract," stated General Payment Systems CEO, Ron Hodge. "We had hoped after landing Riverside that more California locations would follow. Now, we have indeed secured a very large account and one which utilizes all our services."
"It is inarguable that we are growing rapidly in our desired markets and building a reputation galvanized by the successes of our customers," added Hodge. "Each of these locations, each of these kiosks is simultaneously driving revenue, market share, and brand equity."
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.