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NOTICE: THIS IS ARCHIVAL CONTENT AND LIKELY OUT OF DATE.

Original editor for Send2Press: Christopher L. Simmons


QI Systems Receives Production Release from Cale Systems

Richmond, BC - April 8, 2004 /Send2Press Newswire/ -- QI Systems Inc. of Richmond, British Columbia, Canada (OTCBB: QIIIF, TSX Venture Exchange: QII.U), the industry leader in smart card solutions, reported today that the company has received an immediate release from Cale Systems, Inc. for the production of a substantial number of hybrid payment terminals. The production release is part of a blanket order from Cale for 525 units received earlier this month. The units released for production represent sales revenue for QI Systems of approximately $150,000 US. Cale plans to take delivery of the remaining units before the end of the year and anticipates placing additional payment terminal orders with QI in the near future. The QI Systems readers are for use in Cale equipment being placed at sites throughout North America.

Cale Systems, Inc. is a Montreal, Quebec firm that distributes and assembles metered parking devices manufactured by CALE of Sweden. Cale is recognized as one of North America's premier metered parking equipment companies. Since early 2000, QI Systems and Cale have worked together to provide the parking industry with state-of-the-art smart card payment solutions.

QI Systems Inc. (http://www.qisystems.ca) designs hardware and software for the rapidly expanding smart card industry. The company is a world leader in supplying top-to-bottom solutions for smart card applications in a wide variety of industries. QI Systems Inc. has a high level of expertise in delivering stored value solutions for specialized needs.



• Previous News from QI Systems Inc.





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