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QIIIF QI Systems (MM)

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Share Name Share Symbol Market Type
QI Systems (MM) NASDAQ:QIIIF NASDAQ Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

QI Systems Expands U.S. Bulk Water/Waste Water Control System Market

04/11/2003 11:00am

PR Newswire (US)


QI Systems (NASDAQ:QIIIF)
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QI Systems Expands U.S. Bulk Water/Waste Water Control System Market VANCOUVER, British Columbia, Nov. 4 /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 another order from a city in the State of Colorado to design, build and deliver a Smart Water Dispensing System for the sale of bulk (ranch) water. The Smart Water Dispensing System not only controls the flow of the water to the customer but will also sell and reload value onto smart cards. A dispensing kiosk will operate unattended on a 24-7 basis and provide a simple solution for municipalities to sell bulk water to a wide variety of customers. The QI Smart Water System has also been purchased for use in the operation of waste water receiving stations. QI Systems, Inc. is currently in the process of signing wholesale water works equipment dealers to market the system for bulk water sales and waste water acceptance to industries and municipalities in North America. Interested dealers are invited to contact the company. 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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