QI Systems Inc. Signs United States Sales Partnership
2004年4月7日 - 4:20AM
PRニュース・ワイアー (英語)
QI Systems Inc. Signs United States Sales Partnership RICHMOND,
British Columbia and DALLAS, April 6 /PRNewswire-FirstCall/ -- QI
Systems Inc. (OTC Bulletin Board: QIIIF; TSX Venture Exchange:
QII.U), the industry leader in smartcard solutions, announced today
that it has signed a sales licensing agreement with NACAHA, Inc. of
Dallas, Texas USA. The license covers the sale of smart card
systems and related products to the gaming industry, and for other
applications, within the United States. QI Systems
(http://www.qisystems.ca/) will manufacture equipment for NACAHA,
and provide customer service and sales support for its products.
NACAHA will market the company's smart card solutions, selling
equipment under the QI Systems name. NACAHA, Inc. is a newly
incorporated marketing company recognized by the United States
federal government as a Native American owned corporation. NACAHA's
majority owner is a descendent of members of the Creek Indian
Nation. NACAHA is registered with the MBDC (Minority Business
Development Counsel) and holds a federally recognized Native
American Tribe Card. The company is currently in the process of
being certified by the MBDC as a disadvantaged minority owned
corporation. This status willprovide NACAHA with specific business
advantages through federal initiatives such as the Department of
Defense Indian Incentive Program, and others. NACAHA intends to
initially target the 279 Native American owned tribal gaming
corporations within theUnited States. In aggregate, these
businesses have annual revenues exceeding $8 billion dollars. In
addition, NACAHA plans to respond to the National Indian Gaming
Commission's Contract Solicitation for technical support for the
Native American gaming industry. NACAHA's President, Susan N.
Gallemore, stated, "We are extremely delighted to have the
opportunity to work with QI Systems because of the quality of their
products and their excellent reputation in the smart card industry.
We look forwardto aggressively promoting their technology and
believe that there is a tremendous opportunity in the United States
to market QI's high level of technical expertise. We feel confident
that the marketplace will see a significant advantage in working
with a federally recognized disadvantage minority owned business
that can provide such sophisticated technology." 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. This release was issued on
behalf of the above organization by Send2Press(TM), a unit of
Neotrope(R). http://www.send2press.com/ DATASOURCE: QI Systems Inc.
CONTACT: Steven R. Garman, President & CEO of QI Systems Inc.,
+1-604-248-2301, Web site: http://www.qisystems.ca/
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