QI Releases Turnkey Smart Card System.

VANCOUVER, British Columbia & DALLAS -- QI Systems Inc. of Dallas, Texas and Vancouver, British Columbia (OTCBB:QIIIF), the industry leader in smart card stored value technology, is pleased to announce market introduction of a complete turnkey smartcard stored value system featuring POS and UPOS devices. The system incorporates elements developed by QI for several projects and is now available as an integrated package of components and systems.

The package allows system integrators to use QI components for all elements of a stored value card system. Available system elements include:

--QI stored value cards

--QI Card Value Center for self serve sale of new cards and card value load and reload of new and used cards

--QI SmartKit Console for over the counter POS functions and for card value load and reload

--QI SmartKit for immediate installation into most existing vending machines

--QI Host PC reporting software for system administration and reporting

--Various other specialty terminals for existing and custom applications

The system is sold under the established QI SmartVend brand. The above system uses proprietary cards supplied by QI. The system retains the QI hallmark capability of supporting multiple payment systems and can be deployed with the QI card as well as other open or closed card schemes.

The system has evolved from customer requirements in various industries including parking, vending, laundry, bulk water control and waste water management. Potential uses of the system are essentially unlimited. Any timed or metered payment system for products or services can be controlled and paid with this equipment. Examples of ideal applications include self serve car-washes and laundromats. By collecting payment in advance at a central location the merchant achieves improved cash flow, enhanced security and reduced vandalism and theft while providing enhanced convenience for the customer.

For dealer and user inquiries or for technology partnership inquiries please contact Rick Murray at [phone] or [e-mail].

QI Systems Inc. designs and sells card payment solutions for various industries. Products and core competencies include smart cards and stored value systems, security protocols, data communications, software design and hardware manufacture.

Matters discussed in this press release may include "forward-looking statements" which are subject to certain risks and uncertainties. Consider all risk factors carefully when evaluating forward looking statements as actual results may differ materially from those expressed herein. QI Systems is protected from litigation regarding forward looking statements and undertakes no obligation to publicly update such forward-looking statements.

The OTCBB 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.

www.qisystems.ca