LAS VEGAS, June 16, 2011 (GLOBE NEWSWIRE) -- Continental Prison Systems, Inc. (Pink Sheets:CPSZ), dba EZ Card and Kiosk, the industry leader for taking city and county jails "cashless," continues to expand a strategic partnership with commissary leader Canteen Services of Michigan. The partnership allows EZ Card and Kiosk to deploy its "cashless jail" solutions into several existing county jail facilities throughout counties in the state of Michigan.
Canteen Services of Michigan, a leader in commissary, food and inmate accounting services in the Jail Corrections space, is a licensed franchise of Canteen Corporation for a number of counties in Michigan. Since the beginning of the partnership, EZ Card and Kiosk and Canteen Services of Michigan have deployed eight facilities, including the counties of: Ingham, Cass, Branch, Clare, Jackson, Kent, Muskegon, Newaygo, with another eight slated for implementation by the end of 2011.
National Account Manager for Canteen Services of Michigan, Mike Kraushaar, is excited and pleased with the partnership. Kraushaar commented, "To say I'm excited is an understatement. The EZ Card and Kiosk team has made this transition smooth, and rewarding for all parties involved. I look forward to a long, prosperous relationship, both companies enjoying growth as we work together."
Ronald Hodge, CEO of CPSZ, added, "These types of strategic relationships with industry leaders is what EZ Card and Kiosk has strived for since the inception of the company over three years ago. Canteen Services of Michigan has the same goals as we do...Save our facility partners time, money and make them more productive while working within their current reduced budgets."
Hodge also commented, "Strategic partnerships are the best way to quickly expand the footprint of the 'Cashless Jail Technology,' pioneered by EZ Card and Kiosk."
EZ Card and Kiosk has currently expanded its financial transaction services offerings into the county courts, probation departments and municipal police departments, incorporating similar alternative payment technology in assisting these government entities streamline their operations and meet their obligations to the public under reduced operating budgets.
About Continental Prison Systems, Inc.
Continental Prison Systems, Inc. (CPSZ), dba EZ Card and Kiosk, is the first kiosk, internet payment and release debit card provider to successfully introduce a full-suite solution for the "Cashless Jail." The company offers innovative solutions to city and county jails designed to streamline and reduce many of the operational and personnel costs required to properly manage a major segment of detention facilities. When offering its proprietary software, teamed with customized kiosk hardware and remote secure website technology, EZ Card and Kiosk creates a system for jails for the booking process of collecting and depositing cash holdings of a new inmate; bail by kiosk or remote website; money load by an inmate's family and friends to make deposits into their trust account by kiosk or remote website; and issuing the inmate's money at the time of their release via the EZ Exit Card, a PIN-based debit card. The kiosks are secure and designed with user-friendly interfaces. The goal is to help convert the jail into a "cashless" environment through the use of kiosks for in-coming cash and the issuance of a debit card to an inmate at the time of his/her release. In doing so, the facility is relieved from repeatedly handling cash, further reducing personnel time and expense, as well as errors and fraud.
The Continental Prison Systems, dba EZ Card & Kiosk, logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6483
Note Regarding Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words or phrases "would be," "would allow," "intends to", "will likely result," "are expected to," "will continue," "anticipate," "expect," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These include the company's historic lack of profitability, end user customer acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations and other risks within the regulation of the industry. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
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CONTACT: Gregg Hodge, Vice President of Sales and Marketing Continental Prison Systems 303-810-9472