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QI Systems Inc. Signs United States Sales Partnership
Richmond, BC, Canada and Dallas, TX - April 6, 2004 /Send2Press Newswire/ -- QI Systems Inc. (OTC BB:
QIIIF, TSX Venture Exchange: QII.U), the industry leader in smart card solutions, announced today that it
has signed a sales licensing agreement with NACAHA, Inc. of Dallas, Texas USA. The license covers the
sale of smart card systems and related products to the gaming industry, and for other applications, within
the United States. QI Systems (www.qisystems.ca) will manufacture equipment for NACAHA, and provide
customer service and sales support for its products. NACAHA will market the company's smart card
solutions, selling equipment under the QI Systems name.
NACAHA, Inc. is a newly incorporated marketing company recognized by the United States federal government
as a Native American owned corporation. NACAHA's majority owner is a descendent of members of the Creek
Indian Nation. NACAHA is registered with the MBDC (Minority Business Development Counsel) and holds a
federally recognized Native American Tribe Card. The company is currently in the process of being
certified by the MBDC as a disadvantaged minority owned corporation. This status will provide NACAHA with
specific business advantages through federal initiatives such as the Department of Defense Indian
Incentive Program, and others.
NACAHA intends to initially target the 279 Native American owned tribal gaming corporations within the
United States. In aggregate, these businesses have annual revenues exceeding $8 billion dollars. In
addition, NACAHA plans to respond to the National Indian Gaming Commission's Contract Solicitation for
technical support for the Native American gaming industry.
NACAHA's President, Susan N. Gallemore, stated "We are extremely delighted to have the opportunity to work
with QI Systems because of the quality of their products and their excellent reputation in the smart card
industry. We look forward to aggressively promoting their technology and believe that there is a
tremendous opportunity in the United States to market QI's high level of technical expertise. We feel
confident that the marketplace will see a significant advantage in working with a federally recognized
disadvantage minority owned business that can provide such sophisticated technology."
QI Systems Inc. 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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