IRVINE, Calif., Nov. 28, 2012 (GLOBE NEWSWIRE) -- Continental Prison Systems, Inc. (OTC:CPSZ) a technology company which provides unique payment solutions to government agencies, has entered into a marketing agreement with Archonix, a leading provider of Jail Management Software (JMS) with an installation base of more than one hundred (100) facilities across sixteen (16) states. Under the terms of this agreement, Archonix will market Continental Prison Systems, Inc.'s payment processing technologies to their existing customer base and promote the technology on a continuing basis as the company expands its significant presence in the industry.
"We are pleased to be providing our payment solutions and related software through Archonix Public Safety Software's established marketing channels," said Ronald Hodge, Chief Executive Officer of Continental Prison Systems. "The Archonix brand name is associated with high quality and cutting edge solutions in the public safety space and this marketing agreement immediately proved valuable as it led to the deployment of Continental Prison System technology at two facilities with a total of 1,700 beds."
"Channel partnerships allow us to expand our marketing capabilities while keeping our expenses in line," stated Gregg Hodge, Vice President of Sales. "Expanding our channel program with companies that already have a large customer base allows us to find more opportunities and provide integrated services to government agencies like never before. These agreements will dramatically expand our customer base and improve the customer experience. Moreover, each new installation furthers our brand acceptance as the market leader for in-house jail and prison payment solutions, inching us closer to becoming the industry standard in this rich vertical."
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). 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
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.