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Home » Technology » Continental Prison Systems Wins Pinnacle Award

asavala
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Continental Prison Systems Wins Pinnacle Award

Submitted by asavala
Mon, 23 Mar 2009

FRESNO, Calif., Feb. 5, 2009 (GLOBE NEWSWIRE) -- Continental Prison Systems

Inc. (Pink Sheets:CPSZ), a leader in cashless prison kiosk and Exit card

technology announced today that it has been awarded the Pinnacle award in

Colorado for the most "innovative" new product(s). The award came after one

of Continental's current Colorado jail facilities entered the Company and its

cashless products and services technology for this award. More than 30

applicants were submitted for this award.


Ron Hodge, the CEO of Continental said, "The Pinnacle award has been

instrumental in placing us in front of a number of jails and given us the

opportunity to present our products and services to seven facilities in the

last 60 days."


Continental offers city and county jails of North America a number of products

and services that help to streamline and reduce many of the operational

financial obligations required to run these facilities. Continental has

coined the tag line -- "Go Cashless to Save Cash" -- via proprietary software

, teamed with customized kiosk hardware and remote secure website technology.

Our goal is to help convert a jail into a 'cashless' environment through the

use of kiosks for in-coming cash and a debit card for out-going cash,

relieving the facilities from humans handling cash over-and-over, therefore

reducing errors, mistakes and fraud. Consequently, the facility recognizes a

reduction in personnel time and bookkeeping issues related to this aspect of

managing a correctional facility. A Jail Commander from a Colorado Jail

states, "Our staff no longer needs to collect, count, transport and

physically bank these funds. We have saved hundreds of man hours per month."


About Continental Prison Systems, Inc. (www.ezcardandkiosk.com)


CPSZ offers Prison Systems financial products and proprietary kiosk technology

that streamline the inmate release process and provides for significant cost

reducing processes of loading funds to an inmate's account over the internet

or through a kiosk. Bail can also be processed through a kiosk placed in the

booking room or online.


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.


Self-Service Kiosk Design by RedSwimmer.com

 

CPSZ offers Prison Systems financial products and proprietary kiosk technology that streamline the inmate release process and provides for significant cost reducing processes of loading funds to an inmate\'s account over the internet or through a kiosk. Bail can also be processed through a kiosk placed in the booking room or online.


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