Another City Switches to QI Water Control System
11 March 2004 - 10:00PM
PR Newswire (US)
Another City Switches to QI Water Control System RICHMOND, British
Columbia, March 11 /PRNewswire-FirstCall/ -- QI Systems, Inc.
(BULLETIN BOARD: QIIIF, TSX Venture Exchange: QII.U) , the industry
leader in smart card solutions, is pleased to announce that it will
be delivering a Ranch Water Control system during March to the City
of Loveland, Colorado. The Loveland system is modeled on the Ranch
Water Control installation done last year just a few miles up
Highway 287 in the City of Fort Collins. Although the systems are
visually identical, users will find that cards from one city will
not be accepted at the other. The Loveland system will incorporate
one additional feature not used at Fort Collins. At Fort Collins
all cards are sold and revalued through automated self-serve
equipment. The Loveland installation will incorporate the same
fully automated self-serve 24 / 7 capabilities as Fort Collins. It
will also include a countertop card revalue station which will
allow City staff to read a card balance and to add value to a card
separately from the self serve system. The countertop revalue
station is an implementation of the proprietary QI SmartKit Console
product line. The same QI SmartKit Console revalue stations are
used in other stored value card payment applications. For example,
they are used for revaluing cards for the City of San Diego
on-street parking meter program. 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: TEL: 604.248-2301 ~
Steven R. Garman, President & CEO FAX: 604.248.2306 ~ INTERNET:
http://www.qisystems.ca/ DATASOURCE: QI Systems, Inc. CONTACT:
Steven R. Garman, President &CEO of QI Systems, Inc., TEL:
+1-604-248-2301, FAX: +1-604-248-2306 Web site:
http://www.qisystems.ca/
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