Of interest to editors and journalists covering:
Business/Finance, Retail, Telecom, Storage Tech, Canada Stock News


QI Systems Receives Large Hybrid Payment Terminal Order

Richmond, BC - April 1, 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
confirmation of a blanket order from Cale Systems, Inc. for 525 hybrid payment
terminals to be manufactured and delivered within the next 12 months.  The order
represents sales revenue for QI Systems of approximately $280,000 US.  Cale
anticipates taking delivery of the units in large lots during the coming months for
use in equipment being placed 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.

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.


More information: http://www.qisystems.ca



Copr. © 2004 Send2Press™