IRVINE, Calif., March 20, 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 it has installed its 53 rd municipal location at the Rockingham County Department of Corrections facility in Rockingham, New Hampshire through its channel partner Archonix.
"The installation is the company's first in New Hampshire and we believe will serve as a strong case study to attract other entities in the state and the East Coast to our services," stated Hodge, Chief Executive Officer of Continental Prison Systems. "We have found that the first installation in a state is often critical to closing subsequent business as the municipalities and their managing officials greatly value local testimonials and regional proof-of-concept."
"Additionally, this installation which expands our market presence to 53 revenue generating locations, is further testament to the efficacy of our channel partner Archonix, which continues to deliver strong accounts to Continental Prison Systems," added Hodge. "We are greatly pleased by their tremendous performance thus far and by the fact that Archonix's success validates our belief that the right channel partners can help us more rapidly expand our business."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 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.
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