IRVINE, Calif., Oct. 31, 2012 (GLOBE NEWSWIRE) -- Continental Prison Systems, Inc. (Pink Sheets:CPSZ) a transaction services provider to the correctional and judicial markets in the United States, is pleased to announce that the company has retained Integrity Investor Relations, a division of Integrity Communications LLC, as its Investor Relations firm.
Integrity Investor Relations is based in Las Vegas, NV. The firm is led by Daniel Foley and Kurt Divich, Senior Partners. Mr. Foley previously served as head of Investor Relations for MGM Resorts International and Harrah's Entertainment (now Caesars Entertainment) and was a Senior Associate at Bear Stearns & Co., Inc. Mr. Divich, a twice-published author, is one of the true pioneers of Internet-based financial communication and has worked with hundreds of public companies in a wide variety of industries.
"We are most pleased to add Integrity Investor Relations to our leadership team," stated Ron Hodge, CEO and President of Continental Prison Systems. "Divich, Foley and their team possess unique skill-sets that will enable us to simultaneously increase transparency and to communicate our successes to a much broader audience."
"We are pleased to add Continental Prison Systems to our roster of public company clients," stated Kurt Divich of Integrity I.R. "The company's intriguing business model and its ability to penetrate into difficult municipal markets already sets Continental ahead of much of the competition."
About Continental Prison Systems
Continental Prison Systems Inc. (dba EZCard 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), and delivers real-time accounting and provides payment risk-mitigation services. The company distributes these technologies through direct sales, channel partners, and various licensed entities.
For more information visit www.ezcardandkiosk.com/" target="_blank">www.ezcardandkiosk.com
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.