|[July 16, 2014]
Heartland Payment Systems® Signs New Deal with Parking Industry Leader SP+
PRINCETON, N.J. --(Business Wire)--
Heartland Payment Systems® (NYSE: HPY),
one of the nation's largest payment processors and a leading provider of
merchant business solutions, continues its growth in the parking payment
industry by signing a new seven-year deal with SP+, an industry leader
in the parking management, ground transportation, and ancillary services
Standard Parking Corporation, which merged with Central Parking
Corporation in October 2012, changed its name to SP Plus Corporation in
December 2013 and now operates under its flagship SP+ brand. Through its
SP+, Standard Parking and Central Parking brands, the company manages
more than 4,200 parking facilities containing approximately 2.1 million
parking spaces in hundreds of cities across the U.S. and Canada.
"As the largest third party payment network provider in the parking
industry, we are excited to forge a relationship with SP+ to provide the
same reliable and secure payment services that form the basis of our
strong customer relationships," said David Munson, Executive Director of
Client Services at Heartland Payment Systems.
Heartland Payment Systems is a long-standing provider of
industry-leading payment solutions for the parking managemnt industry,
backed by more than 850 Heartland employees to ensure reliable,
on-demand customer service.
SP+ provides professional parking, ground transportation, facility
maintenance, security and event logistics services to property owners
and managers in all markets of the real estate industry. The Company has
more than 23,000 employees. For more information, visit http://spplus.com.
About Heartland Payment Systems
Heartland Payment Systems, Inc. (NYSE: HPY),
the fifth largest payments processor in the United States, delivers
credit/debit/prepaid card processing, mobile commerce, e-commerce,
marketing solutions, security technology, payroll solutions, and related
business solutions and services to more than 275,000 business and
educational locations nationwide.
A FORTUNE 1000 company, Heartland is the founding supporter of The
Merchant Bill of Rights, a public advocacy initiative that educates
merchants about fair credit and debit card processing practices.
Heartland also established The Sales Professional Bill of Rights to
advocate for the rights of sales professionals everywhere. More detailed
information can be found at HeartlandPaymentSystems.com,
HeartlandPaymentSystems.com/Careers, Heartlandpaymentsystems.com/Blog or
follow the company on Twitter (News - Alert) @HeartlandHPY and Facebook at
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, 2013. Given
these risks and uncertainties, prospective and current investors are
cautioned not to place undue reliance on such forward-looking
statements. We undertake no obligation to update any forward-looking
statements to reflect events or circumstances that may arise after the
date of this release.
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