IRVINE, Calif., Feb. 28, 2013 (GLOBE NEWSWIRE) -- Continental Prison Systems, Inc. (OTC:CPSZ) - a payment processing technology company that specializes in the $500 billion government payment space, is pleased to announce that Lynwood, California has expanded its relationship with Continental Prison Systems, adding an additional payment kiosk and beginning to accept municipal payments not related to jail related transactions.
"This is a perfect example of what we view as the future for Continental Prison Systems and our much needed, reliable payment solutions," stated Ronald Hodge, Chief Executive Officer of Continental Prison Systems. "We view ourselves as a municipal payment processor that has built a trusted brand through efficient payment processing in the jail and prison arena and leveraging that trust to now accept municipal payments of all varieties. Clearly, this opens substantially larger revenue opportunities for the company."
"Our success in Lynwood will provide yet another case study with which our sales team can market, helping to express how a Continental kiosk provides greater access for the citizenry while simultaneously increasing municipal revenue," Hodge added.
The installation and expansion in Lynwood was covered by local media. Please view the article at the link below:
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.