QI Systems Announces Continuing Payment Terminal Orders

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QI Systems (MM)	NASDAQ:QIIIF	NASDAQ	Ordinary Share

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QI Systems Announces Continuing Payment Terminal Orders

29/10/2003 11:00am

PR Newswire (US)

QI Systems (NASDAQ:QIIIF)
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QI Systems Announces Continuing Payment Terminal Orders VANCOUVER, British Columbia, Oct. 29 /PRNewswire-FirstCall/ -- QI Systems, Inc. (BULLETIN BOARD: QIIIF) (TSX Venture Exchange: QII.U), the industry leader in smart card solutions, announced today that the company has received orders for its smart card payment terminals from several established customers. USA Today, the United States' largest-selling daily newspaper, has ordered 50 card readers for its ongoing Campus Newspaper Readership Program to establish an inventory of the payment terminals. QI Systems will hold the inventory for USA Today and release units at the company's request. USA Today is a division of Gannett Co., Inc., America's largest newspaper group in terms of circulation. Lexis Systems LLC of Richmond, BC, Canada, a leading parking pay station manufacturer, placed orders for multiple smart card payment terminals for a parking pilot program in Calgary, Alberta, Canada. Lexis Systems is owned in part by Central Parking Systems (CPS), the largest municipal parking management company in the United States. 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: Steven R. Garman, President & CEO TEL: 604-248-2301 FAX: 604-248.2306 INTERNET: http://www.qisystems.ca/ This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com/. DATASOURCE: QI Systems, Inc. CONTACT: Steven R. Garman, President & CEO, QI Systems, +1-604-248-2301, Fax: +1-604-248-2306 Web site: http://www.qisystems.ca/

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QIIIF QI Systems (MM)