Heartland Payment Systems (NYSE: HPY), one of the nation's largest payments processors, has signed a multi-year contract extension with ABM Parking Services (formerly Ampco System Parking) to continue processing signature debit and credit card transactions at more than 1,100 ABM locations nationwide, including airports, special event venues, municipalities and other parking facilities.
"Over the past 14 years, Heartland has provided reliable and consistent service that gives our customers the flexibility to complete hassle-free payment transactions," said Margaret Kann, assistant vice president with ABM Parking Services. "The long-term relationship has been advantageous for both companies and we look forward to continuing our partnership with Heartland over the next several years."
Ian Drysdale, president of network solutions with Heartland Payment Systems, added, "We greatly appreciate and value our relationship with ABM Parking Services and enjoy being their service provider for cost-effective payments processing. We look forward to providing a range of valuable electronic payments services to ABM in the years to come."
About Heartland Payment Systems
Heartland Payment Systems, Inc. (NYSE: HPY), the sixth largest payments processor in the United States, delivers credit/debit/prepaid card processing, school solutions, loyalty marketing services, campus solutions, payroll and related business solutions and services to more than 250,000 business and education locations nationwide. A FORTUNE 1000 company, Heartland is the founding supporter of The Merchant Bill of Rights, (www.merchantbillofrights.org), a public advocacy initiative that educates merchants about fair credit and debit card processing practices. The company is also a leader in the development of end-to-end encryption technology designed to protect cardholder data, rendering it useless to cybercriminals. For more detailed information, visit www.HeartlandPaymentSystems.com or follow the company on Twitter @HeartlandHPY and Facebook at facebook.com/HeartlandHPY.
This press release contains statements of a forward-looking nature which represent our management's beliefs and assumptions concerning future events. Forward-looking statements involve risks, uncertainties and assumptions and are based on information currently available to us. Actual results may differ materially from those expressed in the forward-looking statements due to many factors, including risks and additional factors that are described in the Company's Securities and Exchange Commission filings, including but not limited to the Company's annual report on Form 10-K for the year ended December 31, 2011. We undertake no obligation to update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.