Press Release Services and Business News from Send2Press, a unit of Neotrope, established 1983
Press Release Writing and Distribution
  Send2Press Archive: 2000-2004 Neotrope®
Public Relations
Press Release Services and Media Relations
Send2Press® - Press Release Writing, Newswire Distribution, Press Release Optimization, Internet Marketing, Podcasting, SEO, Media Monitoring, Media Coaching, News Syndication, Book Marketing, Entertainment News, Web PR, and Media Relations since 1983   media relations
press release writing
Press Release Services and Business News from Send2Press, a unit of Neotrope, established 1983
» Ad Industry News
» Aerospace News
» Arts News
» Automobile News
» Biotech News
» Book News
» Business News
» Computer Industry News
» Construction News
» DotCom News
» eCommerce News
» Education News
» eMarketing News
» Entertainment News
» Employment News
» Energy News
» Family/Parenting News
» Fashion Industry News
» Fitness Industry News
» Food & Cooking News
» Graphics News
» Insurance News
» Interior Design News
» Internet News
» Investor News
» Manufacturing News
» Medical News
» Music News
» NonProfit News
» Peace/Ecology News
» Podcasting News
» Political News
» Real Estate News
» Religion News
» Retail News
» Security Solutions News
» Small Cap & OTC News
» Software Industry News
» Sports News
» Telecom News
» Travel Industry News
» TV & Cable News
» VoIP News
» US Newswires
» Business Profiles
» More News Channels
» Today's Headlines

Distribute your News with Send2Press® Press Release Services


Gaming Industry News


Article Editor: Carly Zander

QI Systems and Cyberdyne Gaming Form Strategic Partnership

RICHMOND, BC and PHOENIX, AZ - May 4, 2004 /Send2Press Newswire/ -- Mr. Steven R. Garman, President and CEO of QI Systems Inc. (TSX: QII.U, OTC BB: QIIIF) of Richmond, BC, Canada (a leader in smart card solutions), and Mr Phil Lulek, CEO of Cyberdyne Gaming, Inc. of Phoenix, Arizona (a premier provider of gaming equipment), are pleased to announce that a multi-part strategic partnership agreement has been signed by the two companies. The agreement includes provisions for each company to distribute products of the other partner and is expected to create substantial new market opportunities for both companies.

Effective immediately Cyberdyne Gaming, Inc. ( is appointed as a preferred distributor of QI smart card and stored value products for the U.S. gaming industry. Products included within the distributorship encompass QI stored value and secure ID chip cards, SmartKit card payment terminals, SmartKit Console value stations, networking technology and card management software.

Cyberdyne Gaming is a provider of a full featured line of gaming products including extensive offerings in both Class 2 and Class 3 gaming devices. Cyberdyne is integrating QI SmartKit payment terminals into their gaming machines and will now offer to the marketplace the next generation of cashless gaming systems. Similar in concept to Ticket In / Ticket Out (TITO), the new system uses QI stored value technology to transfer funds to and from the gaming machines.

The system also offers secure ID features for player tracking, loyalty and reward programs. Cyberdyne reports strong interest in the smart card products after recently introducing gaming machines incorporating QI SmartKit terminals at the Bingo World and the AMOA conventions in Las Vegas.

"Cyberdyne's management and engineering teams have been technology leaders and innovators in the gaming industry for 24 years," said Cyberdyne's Phil Lulek. "This agreement and these products will continue our tradition of bringing exciting new products and technical innovation to the industry."

Effective immediately QI Systems ( is appointed as a preferred distributor of Cyberdyne gaming products for Canada. QI will offer to the market complete gaming systems of machines incorporating cashless operation using QI smart card technology. It is further agreed that in addition to the initial focus on the Canadian market QI shall also pursue similar opportunities in other markets.

QI's CEO Steve Garman commented: "QI has been actively developing relationships within the gaming industry and we are extremely pleased to partner with a company of Cyberdyne's depth. The gaming industry offers huge opportunities for our cutting edge smart card applications and with the Cyberdyne relationship we now are able to provide the industry with a complete suite of gaming devices and payment technology."

"This relationship represents a paradigm shift in the scope of near term business opportunities available to QI," said Richard Murray, VP of Business Development at QI Systems. "Cyberdyne brings to the partnership an established product line and a wealth of experience in the gaming industry. We are very excited to be working with them to develop new markets."

Further details will be announced shortly as the companies proceed with technical integration and with aggressive new sales and marketing initiatives.

QI Systems Inc. designs hardware and software for the smart card industry, supplying top-to-bottoms applications for 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.

Small Cap Business News is powered by Small Cap Daily™

DISCLAIMER: the above article is believed accurate but not guaranteed, and is based on business news supplied by the organization mentioned and/or quoted in the story. The organization providing the news to Send2Press is solely responsible for its accuracy. Financial/Stock news may contain forward looking statements and public companies should be thoroughly researched before considering material investment. Neotrope/Send2Press makes no claims of accuracy or suitability for any purpose. Any opinions expressed by representatives of company(s) mentioned in news item are solely those of the person indicated, and do not reflect any opinion or policy of Neotrope/Send2Press. Your use of any information contained herein is done solely at your own risk, and you are fully responsible for using any information herein, or on sites mentioned or linked to in the article.

News is Copr. © 2004 Neotrope/Send2Press. Reproduction of this news article in any form requires written authorization. You may freely link to this article, or republish the "news release" text version linked to above under "Journalist Tools" without restriction except websites must retain /Send2Press Newswire/ as the source. Sites which offer/sell PR services or newswire services may not reprint our content without express written permission.

Add Our News Headlines to Your Website Free
Free headline feed

Journalists & Editors
Choose your news by preferred topic(s).
Privacy protected.

Archived Releases

Most Recent Releases

Subscribe to RSS Feed

Top of Page | Home Page | E-mail This Article to Someone

Press Release Services from Send2Press
Learn More About Press Release Services & Business Promotion by Neotrope®
Affordable Online News Services   |   Press Release Writing and Editing
business news
 Copr. © 1983-2014 Neotrope® — all rights reserved. Privacy/Legal Statements 
Press Release Writing
Business Press Release Services | Compare News Distribution Plans | Agency Program | How to Order
PR Services Add-on Options | Price List | SEO+PR™ Services | Press Release Writing | Publication Lists
Client Testimonials | About Us | Contact Us | Newswire Channels |
News About Send2Press | | RSS/XML Feed

Free News Articles