Another City Switches to QI Water Control System RICHMOND, British Columbia, March 11 /PRNewswire-FirstCall/ -- QI Systems, Inc. (BULLETIN BOARD: QIIIF, TSX Venture Exchange: QII.U) , the industry leader in smart card solutions, is pleased to announce that it will be delivering a Ranch Water Control system during March to the City of Loveland, Colorado. The Loveland system is modeled on the Ranch Water Control installation done last year just a few miles up Highway 287 in the City of Fort Collins. Although the systems are visually identical, users will find that cards from one city will not be accepted at the other. The Loveland system will incorporate one additional feature not used at Fort Collins. At Fort Collins all cards are sold and revalued through automated self-serve equipment. The Loveland installation will incorporate the same fully automated self-serve 24 / 7 capabilities as Fort Collins. It will also include a countertop card revalue station which will allow City staff to read a card balance and to add value to a card separately from the self serve system. The countertop revalue station is an implementation of the proprietary QI SmartKit Console product line. The same QI SmartKit Console revalue stations are used in other stored value card payment applications. For example, they are used for revaluing cards for the City of San Diego on-street parking meter program. QI Systems Inc. (http://www.qisystems.ca/) designs hardware and software for the rapidly expanding smart card industry. The company is a world leader in supplying top-to-bottom solutions for smart card applications in a wide variety of industries. QI Systems, Inc. has a high level of expertise in delivering stored value solutions for specialized needs. Matters discussed in this press release are "forward-looking statements," and can be identified as such because the context of the statement will include words such as "expects," "anticipates," or words of similar import. Statements describing the Company's future plans, objectives or goals are also forward-looking statements, and are subject to certain risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those currently anticipated. Consider these factors carefully in evaluating any forward-looking statements. Forward-looking statements made herein are only made as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements. The TSX 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 QI Systems Inc. CONTACT: TEL: 604.248-2301 ~ Steven R. Garman, President & CEO FAX: 604.248.2306 ~ INTERNET: http://www.qisystems.ca/ DATASOURCE: QI Systems, Inc. CONTACT: Steven R. Garman, President &CEO of QI Systems, Inc., TEL: +1-604-248-2301, FAX: +1-604-248-2306 Web site: http://www.qisystems.ca/

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