RICHMOND, British Columbia, March 11 /PRNewswire-FirstCall/ -- QI Systems,
Inc. (OTC Bulletin Board: QIIIF, TSX Venture Exchange: QII.U), the industry
leader in smart card solutions, is pleased to announce that it will be
delivering a Ranch Water Control system during March to the City of Loveland,
Colorado. The Loveland system is modeled on the Ranch Water Control
installation done last year just a few miles up Highway 287 in the City of
Fort Collins. Although the systems are visually identical, users will find
that cards from one city will not be accepted at the other.
The Loveland system will incorporate one additional feature not used at
Fort Collins. At Fort Collins all cards are sold and revalued through
automated self-serve equipment. The Loveland installation will incorporate
the same fully automated self-serve 24 / 7 capabilities as Fort Collins. It
will also include a countertop card revalue station which will allow City
staff to read a card balance and to add value to a card separately from the
self serve system.
The countertop revalue station is an implementation of the proprietary QI
SmartKit Console product line. The same QI SmartKit Console revalue stations
are used in other stored value card payment applications. For example, they
are used for revaluing cards for the City of San Diego on-street parking meter
program.
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.
Matters discussed in this press release are "forward-looking statements,"
and can be identified as such because the context of the statement will
include words such as "expects," "anticipates," or words of similar import.
Statements describing the Company's future plans, objectives or goals are also
forward-looking statements, and are subject to certain risks and
uncertainties, including the financial performance of the Company and market
valuations of its stock, which could cause actual results to differ materially
from those currently anticipated. Consider these factors carefully in
evaluating any forward-looking statements. Forward-looking statements made
herein are only made as of the date of this press release and the Company
undertakes no obligation to publicly update such forward-looking statements.
The TSX Venture Exchange does not accept responsibility for the adequacy
of this news release and has not investigated the validity of these claims.
Approved on behalf of the Board
Steven R. Garman
President & CEO
QI Systems Inc.
CONTACT:
TEL: 604.248-2301 ~ Steven R. Garman, President & CEO
FAX: 604.248.2306 ~ INTERNET: http://www.qisystems.ca
SOURCE QI Systems, Inc.
 back to top
Related links:
http://www.qisystems.ca
CONTACT:
Steven R. Garman, President & CEO of QI
Systems, Inc., TEL: +1-604-248-2301, FAX: +1-604-248-2306
|
