DataWave Systems Inc.

DataWave Systems Inc.

March 30, 2005 08:00 ET

DataWave Certifies Ingenico Terminals for Prepaid Product Point-of-Sale Activation


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: DATAWAVE SYSTEMS INC.

OTC Bulletin Board SYMBOL: DWVSF

MARCH 30, 2005 - 08:00 ET

DataWave Certifies Ingenico Terminals for Prepaid
Product Point-of-Sale Activation

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 30, 2005) - DataWave
Systems Inc. (OTCBB:DWVSF)

DataWave Systems Inc. announced today that it has certified Ingenico's
Elite 710 "multi-app ready" terminal with its Point-of-Sale Activation
(POSA) technology for use at retail locations throughout the United
States and Canada. These economical and robust terminals will now be
able to activate DataWave's prepaid long distance cards, cellular PINs
and other prepaid products.

DataWave's POSA technology gives retailers the capability for
instantaneous on-demand electronic delivery of PIN-based prepaid
products.

"The Ingenico terminal line provides a comprehensive suite of products
that will enable merchants throughout North America to quickly and
intuitively activate prepaid products at the point of sale," stated
David Knox, chief operating officer of DataWave. "Ingenico's worldwide
and Canadian market leadership, as well as their secure
multi-application terminal architecture were instrumental is us
selecting them as a provider and partner."

About Ingenico (www.ingenico-us.com)

With a 26% market share, Ingenico is the world's largest provider of
secure payment and transaction systems used by banking, retail,
petroleum, transportation, healthcare and governments to ensure the
secure acceptable and flow of electronic commerce. The company's 1,300
employees, as well as network of subsidiaries, partners and distributors
make it simple, fast and safe to purchase goods and services anywhere in
the world.

About DataWave (www.datawave.com)

DataWave has been an innovator and developer of prepaid and stored-value
programs and merchandising solutions since it was founded in 1994.
DataWave pioneered systems that allow for point-of-sale activation of
high value, high shrinkage products, such as cash cards, prepaid phone
cards and prepaid wireless time. These systems work equally well over
the Internet, through intelligent freestanding vending machines and POSA
terminals, or with various card activation devices, including cash
registers.

DataWave Systems Inc.

John Gunn, General Manager, CFO

Legal Notice Regarding Forward-Looking Statements:

Statements in this news release which are not purely historical are
forward-looking statements, including any statements regarding beliefs,
plans, expectations or intentions regarding the future.

It is important to note that the company's actual results and outcomes
may differ materially from those contained in the forward-looking
statements contained in this release.

Although we believe that the beliefs, plans, expectations and intentions
contained in this letter are reasonable, there can be no assurance that
such beliefs, plans, expectations or intentions will prove to be
accurate. Readers should also refer to the risk disclosures outlined in
our annual report on Form 10-KSB for the year ended March 31, 2003,
filed with the United States Securities and Exchange Commission.

"DataWave" is a registered trademark of the Company. All other
trademarks and trade names referred to are the property of their
respective owners.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    DataWave Systems Inc.
    Josh Emanuel
    Chairman & CEO
    (973) 774-5000
    or
    DataWave Systems Inc.
    John Gunn
    General Manager, CFO
    (604) 295-1810
    info@datawave.ca
    www.datawave.com