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Monday, July 01, 2013 9:09:20 AM
Continental Prison Systems Increases Kiosk Inventory, Adds Staff IRVINE, Calif., July 1, 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 increased its average daily kiosk inventory consistent with market demand and the company's ongoing growth initiative. The increase better positions the company to deploy more rapidly into its expanding municipal lines of business. Additionally, the company has increased staff to support current and expected kiosk demand. "This inventory surge greatly improves our ability to support our channel partners as they continue to penetrate the markets and shortens the sales cycle," stated Ron Hodge, CEO, Continental Prison Systems. "By maintaining a larger inventory, the company will be able to launch new accounts in a shorter period of time which helps our sale professionals in closing those accounts. It also allows us to provide a near immediate solution to the market when the need arises and allows us to deploy without delay so that our technology can be attached to any new ERP (Enterprise Resource Program) installation that is currently in progress." "We are now looking at the sales cycle and history in volume and trying to predict the market demand for our kiosks based on past sales success ratios," Hodge added. "And we are also working on some new design innovations that should increase our ability to further penetrate the vast municipal market." 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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