QI Systems Inc.

March 14, 2005 06:01 ET

QI Systems Engaged in Gaming Project


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: QI SYSTEMS INC.

OTC Bulletin Board SYMBOL: QIIIF

MARCH 14, 2005 - 06:01 ET

QI Systems Engaged in Gaming Project

DALLAS and VANCOUVER, British Columbia--(CCNMatthews - Mar 14, 2005) -

QI Systems Inc. (OTCBB:QIIIF) of Dallas, Texas and Vancouver, BC,
Canada, the leading provider of smart card solutions, announced today
that the Company is currently engaged in high level discussions with
multiple business partners concerning a major offshore gaming venture.
The enterprise involves business interest from several countries. The
Company, along with other project associates, has met with senior
government officials, business representatives and civic leaders as part
of the development process and is actively participating in on-going
strategic planning.

QI Systems' reliable products offer gaming patrons the convenience and
safety of cashless gaming and gaming facility operators the capability
of loyalty and rewards program management, player tracking and back-end
audit control. QI Systems anticipates additional announcements
pertaining to this matter, and other gaming related projects, in the
near future.

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 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 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 OTC 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

Visit us on the web at www.qisystems.ca

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    QI Systems Inc.
    Steven R. Garman, 817-427-8611