Continental Prison Systems Signs New Colorado Contract


FRESNO, Calif., Aug. 27, 2008 (GLOBE NEWSWIRE) -- Continental Prison Systems, Inc. (Pink Sheets:CPSZ), a leader in prison kiosk technology that streamlines the inmate release process and a growing provider of the cost-reducing process for loading funds onto an inmate's account over the internet or through a kiosk, announced today that the EZ Kiosk and EZ Card divisions of Continental Prison Systems, Inc. have successfully completed and signed a service agreement with a 550-bed Colorado prison facility.

Ron Hodge, President and CEO of Continental Prison Systems, Inc., stated, "This agreement will allow our EZ divisions to begin installing EZ Card and EZ kiosks that include a booking kiosk which will handle bookings and bail, a trust funds kiosk that will handle all monies deposited to inmate accounts, as well as online bail trust fund loads and EZ Cards debit release card. CPSZ expects financial services revenues during the initial three-year term to exceed $400,000.00."

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

CPSZ offers Prison Systems financial products and proprietary kiosk technology that streamlines 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.



            

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