Wednesday, September 10, 2008 9:51:14 AM
Rambo must be really close to you. You called that one! I wonder when the financials and the caveat emptor will be taken care of. Any word?
News for 'CPSZ' - (Continental Prison Systems Signs Long Term Contract)
FRESNO, Calif., Sep 10, 2008 (GlobeNewswire via COMTEX) -- Continental Prison Systems, Inc. (Pink Sheets:CPSZ), a leader in Prison kiosk technology that streamlines the inmate release process and a growing provider of the cost reducing process for loading funds onto an inmate's account over the internet or through a kiosk announced today that the EZ kiosk division of Continental Prison Systems, Inc. has successfully completed and signed a multi-year service agreement with a 485 bed Colorado prison facility.
Ron Hodge, President and CEO of Continental Prison Systems, Inc. stated, "This second Colorado facility adds to the growing number of facilities that want and need CPSZ's innovative products and services. This agreement will allow our EZ kiosk division to begin installing kiosks that include a booking room kiosk, which will handle bookings and bail, a trust fund kiosk that will handle all monies deposited to inmates' accounts and a work release kiosk that will handle all payments related to the work release program. Our online bail and money load services will also be deployed at this facility."
CPSZ expects revenues to exceed $350,000 over the course of the three year contract.
News for 'CPSZ' - (Continental Prison Systems Signs Long Term Contract)
FRESNO, Calif., Sep 10, 2008 (GlobeNewswire via COMTEX) -- Continental Prison Systems, Inc. (Pink Sheets:CPSZ), a leader in Prison kiosk technology that streamlines the inmate release process and a growing provider of the cost reducing process for loading funds onto an inmate's account over the internet or through a kiosk announced today that the EZ kiosk division of Continental Prison Systems, Inc. has successfully completed and signed a multi-year service agreement with a 485 bed Colorado prison facility.
Ron Hodge, President and CEO of Continental Prison Systems, Inc. stated, "This second Colorado facility adds to the growing number of facilities that want and need CPSZ's innovative products and services. This agreement will allow our EZ kiosk division to begin installing kiosks that include a booking room kiosk, which will handle bookings and bail, a trust fund kiosk that will handle all monies deposited to inmates' accounts and a work release kiosk that will handle all payments related to the work release program. Our online bail and money load services will also be deployed at this facility."
CPSZ expects revenues to exceed $350,000 over the course of the three year contract.
