SOURCE: QI Systems Inc.

September 22, 2006 07:30 ET

QI Systems Inc. Attending ASIS Meeting in San Diego, CA; Company to Display New Products at Major Security Conference

DALLAS, TX and VANCOUVER, BC -- (MARKET WIRE) -- September 22, 2006 -- QI Systems Inc. (OTCBB: QIII), a leading developer and integrator of contact and contactless card payment, access control and tracking solutions, today announced the Company is attending the 52nd Annual Seminar and Exhibits of ASIS International 2006 in San Diego, CA from September 25th - 28th. ASIS is the largest organization worldwide dedicated to the security profession, and this year's conference will attract over 900 companies and approximately 25,000 attendees.

QI Systems' new QiWave™ contactless card systems will be on display in two locations at the convention. QI Systems is joining with Cale Parking Systems USA to display an iCLASS®-enabled cashless, contactless card payment solution for parking that will be featured in the exhibits of HID Connect (booth #4649) and AccessID (booth #5055). In addition, QI Systems will also display QiWave equipped vending machines in both exhibits.

Steven R. Garman, President and Chief Executive Officer of QI Systems, stated, "We are delighted to have the opportunity to exhibit our innovative new contactless technology at this premier show in partnership with several highly regarded industry leaders. Interest in the QiWave contactless payment system has been extremely positive since the product was launched in July. At such an important event as ASIS, we are very pleased to be working with Cale, our long time valued customer, and to be showcasing the technology with our new partners, HID and AccessID."

About QI Systems

QI Systems Inc. develops and markets innovative chip-based card payment and tracking solutions for a number of industries as well as national, state and local government agencies. QI's products and core competencies include smart-card and stored-value systems, security protocols, data communication software design and hardware manufacture. For more information about QI Systems Inc., visit http://www.qisystems.ca/.

™ QiWave is a trademark of QI Systems Inc.

® HID and iCLASS are registered trademarks of HID Global. HID Connect and AccessID are trademarks of HID Global.

Matters discussed in this press release are "forward-looking statements" and are subject to certain risks and uncertainties. Consider all risk factors carefully when evaluating forward-looking statements, as actual results may differ materially from current expectations. QI Systems undertakes no obligation to publicly update such forward-looking statements.

Contact Information

  • Corporate & Media Contact:
    Steven R. Garman
    President & CEO
    (817) 485-8111
    Email Contact

    Investor Relations Contact:
    Robert I. McLean, Jr.
    CFO/COO
    (817) 485-8111
    Email Contact