IRVINE, Calif., Oct. 23, 2013 (GLOBE NEWSWIRE) -- General Payment Systems, Inc. (OTC:GPSI) (the "Company") - a payment processing technology company that specializes in the $500 billion government payment space, is pleased to announce that the Company has signed a Letter of Intent (LOI) to provide kiosk-based payment and tracking technology for probation needs through CSRA Probation Services which services approximately 60 courts in the State of Georgia. The agreement is the first of which for General Payment Systems in the probation and post release market.
"CSRA is a well-respected probation services provider used in a large number of court systems in Georgia," stated Ronald Hodge, CEO, General Payment Systems. "Their success and reputation in the state made them an appropriate partner for this collaboration. With a large book of probations accounts, we hope to soon become a popular method for the monthly payments and fees required for probation."
"A probationer will soon be able to complete a required monthly check-in and make their payment using a state-of-the art thermal fingerprint biometric technology," added Hodge. "It's the perfect combination of transaction based revenue and accountability for the probationer."
"A primary key for success in the field of community corrections is to remove as many obstacles as possible that might hinder the progress of those we supervise. The opportunity to partner with General Payment Systems, Inc. not only makes our job easier, it actually increases the chances of a positive outcome for those we supervise," stated Michael Popplewell , President, CSRA/Georgia Corrections Corporation.
About General Payment Systems
General Payment 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.
About CSRA Probation Services, Inc./Georgia Corrections Corporation
The company has demonstrated a standard of excellence in the field of court services. We are uniquely qualified to provide a wide array of community supervision options to local courts, counties, and cities. Our services are generally offender funded which results in no cost to the courts or the taxpayers. We provide services that result in significant savings to the cities, counties, and courts that we serve. Our services, from managing a hands-on supervision program to assisting with administrative support, provide a direct benefit to the court, the offender, and the community. csraprobation.com
For more information visit www.ezcardandkiosk.com
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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 isn't necessarily indicative of its future performance. The Company doesn't 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.
Investor Contact: Integrity Investor Relations www.IntegrityIR.com (702) 396-1000
