IRVINE, Calif., June 17, 2013 (GLOBE NEWSWIRE) -- Continental Prison Systems, Inc. (CPSZ) - a payment processing technology company that specializes in the $500 billion government payment space, is pleased to announce that the company's transactional volume for the first quarter of 2013 is its largest to date, continuing a pattern of escalating transactional volume over the past few years.
Transactional volume, in number of transactions is as follows:
2010: 238,339 transactions
2011: 399,261 transactions
2012: 526,366 transactions
Q1 2013: 172,262 transactions
"The rise in transactions is directly attributable to an ongoing expansion of locations using our technology in the corrections and municipal payment industry," stated Ron Hodge, CEO, Continental Prison Systems. "We are continuing to aggressively pursue the large market opportunity presented to this company and to deliver long term value to our shareholders."
About Continental Prison Systems
Continental Prison Systems Inc (dba EZ Card 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.
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