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Re: youngmanrunning post# 9555

Thursday, 08/16/2012 11:11:12 PM

Thursday, August 16, 2012 11:11:12 PM

Post# of 45504
Continental Prisons Systems Inks 2 Fulton County Jails Anticipates $300,000 In New Revenues Annually
7:52p ET August 16, 2012 (PR NewsWire)

Continental Prison Systems, Inc. (PINKSHEETS: CPSZ) a transaction services provider to the correctional and judicial markets in the US is pleased to announce the completion and signing of an agreement to provide services to Fulton County's two Jail facilities in Atlanta, Georgia.

The Fulton County Jail system processed over 48,000 inmates in 2011. The two facilities have a capacity of 2,773 inmates but average over 3,000 inmates daily throughout the year. CPSZ will offer Bail services through its subsidiary EZ Card & Kiosk. The Kiosk may be utilized for bail by using cash, credit or debit cards, as well as remotely by online access or via 800# prepaid phone cards.

Ron Hodge, CEO and President of Continental Prison Systems stated, "By incorporating the Bail Kiosk and Online bail services, Fulton County Jail will dramatically shorten the length of time an inmate spends within their facilities. The Kiosk System will significantly shorten the incarceration time that has previously been wasted pending the posting of bail and awaiting hearing dates of those incarcerated."

CPSZ anticipates improved revenues of $25,000.00 per month as a result of this agreement.