PRESS RELEASE ARCHIVES FROM SEND2PRESS® NEWSWIRE
NOTICE: THIS IS ARCHIVAL CONTENT AND LIKELY OUT OF DATE.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.
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.
USE OF THE ABOVE NEWS 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.