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Re: Da Stock Alpaca post# 10851

Thursday, 11/15/2012 10:24:57 AM

Thursday, November 15, 2012 10:24:57 AM

Post# of 45504
IRVINE, Calif., Nov. 8, 2012 (GLOBE NEWSWIRE) -- Continental Prison Systems, Inc. (CPSZ) a transaction services provider to the correctional and judicial markets in the United States, is pleased to announce it has successfully installed its 50th integration of its proprietary payment processing technology in the Milledgeville Police Department (Milledgeville, GA).

"This is indeed a benchmark moment for our technology, our company, and our shareholders. The 50th installation is testimony to both the need and the efficacy of our product which allows government agencies to accept payments for a variety of purposes," stated Ron Hodge, CEO and President of Continental Prison Systems. "This particular installation allows payments for commissary, bail, traffic tickets and parking and we believe firmly this is just the beginning as more municipalities recognize the need for greater efficiency. Government agencies can now automatically collect payments for any purpose while our technology makes this process seamless, efficient and affordable for the tax-paying citizens."

"As we hit our 50th installation ahead of our initial timeline we are currently working on ramping production to expand our presence," Hodge added. "We are relentlessly pursuing every market opportunity through personal visits with decision makers, lobbying, calls and referrals. It is important to note that today's important achievement is simply part of our roll-out strategy to make our system the processor of choice for municipalities nationwide."