IRVINE, Calif., Nov. 8, 2012 (GLOBE NEWSWIRE) -- Continental Prison Systems, Inc. (OTC:CPSZ) a transaction services provider to the correctional and judicial markets in the United States, is pleased to announce it has successfully installed its 50th integration of its proprietary payment processing technology in the Milledgeville Police Department (Milledgeville, GA).
"This is indeed a benchmark moment for our technology, our company, and our shareholders. The 50th installation is testimony to both the need and the efficacy of our product which allows government agencies to accept payments for a variety of purposes," stated Ron Hodge, CEO and President of Continental Prison Systems. "This particular installation allows payments for commissary, bail, traffic tickets and parking and we believe firmly this is just the beginning as more municipalities recognize the need for greater efficiency. Government agencies can now automatically collect payments for any purpose while our technology makes this process seamless, efficient and affordable for the tax-paying citizens."
"As we hit our 50th installation ahead of our initial timeline we are currently working on ramping production to expand our presence," Hodge added. "We are relentlessly pursuing every market opportunity through personal visits with decision makers, lobbying, calls and referrals. It is important to note that today's important achievement is simply part of our roll-out strategy to make our system the processor of choice for municipalities nationwide."
About Continental Prison Systems
Continental Prison Systems Inc (dba EZCard 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), and delivers real-time accounting and provides 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
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: Integrity Investor Relations www.IntegrityIR.com (702) 396-1000Source:Continental Prison Systems, Inc.