DataWave Systems Inc.

DataWave Systems Inc.

March 22, 2005 08:02 ET

Datawave Completes Roll-Out of Posa Technology to Shell Stores Across Canada


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: DATAWAVE SYSTEMS INC.

OTC Bulletin Board SYMBOL: DWVSF

MARCH 22, 2005 - 08:02 ET

Datawave Completes Roll-Out of Posa Technology to
Shell Stores Across Canada

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 22, 2005) - DataWave
Systems Inc. (OTCBB:DWVSF) announced today that in September 2004
completed the rollout of its Point of Sale Activation (POSA) technology
to over 600 Shell corporate stores across Canada. This technology allows
the stores sell a wide range of prepaid products, including long
distance and cellular time.

"We at Shell are pleased to expand our partnership with DataWave to
deliver prepaid products to our customers" said Raquel Matovich,
Category Manager at Shell Canada. "DataWave has been supplying long
distance phone cards since we launched the category in the late 1990's.
After testing their POSA technology in selected stores, we are very
excited to have it available at more than 600 of our stores across
Canada. The terminals allow us to offer a wide variety of prepaid
products in a real-time environment. We believe this program is in
keeping with our vision and further demonstrates our focus to providing
value-added benefits to better serve our customers."

"The completed rollout of these Shell stores means that DataWave's
Point-of-Sale Activation solution is available at over 6,000 retail
locations, which strengthens our position as the leading provider of
POSA technology in Canada," added Domenica Perricone, Director, Account
Management Services at DataWave.

The proprietary POSA technology of the DataWave System gives retailers
the capability for instantaneous electronic delivery of prepaid PIN
products. Long distance phone cards, cellular PINS from all major
cellular service providers, and an ever-increasing list of other prepaid
products, can be delivered - on demand - directly to the point of
purchase, through small free-standing terminals or by a host-to-host
infrastructure that can be incorporated into the retailers' already
existing cash register system.

About Shell Canada Limited (www.shell.ca)

Shell Canada Limited is one of the largest integrated petroleum
companies in Canada, producing natural gas, natural gas liquids and
bitumen. It is also the country's largest producer of sulphur. In
addition, Shell Canada is a leading manufacturer, distributor and
marketer of refined petroleum products.

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