QI Releases Improved Water System
February 19 2004 - 5:30AM
PR Newswire (US)
QI Releases Improved Water System RICHMOND, British Columbia, Feb.
19 /PRNewswire-FirstCall/ -- QI Systems, Inc. (OTC Bulletin Board:
QIIIF; TSX Venture Exchange: QII.U), is pleased to announce that it
has accepted an order to upgrade the bulk watercontrol and waste
water management systems previously supplied to Aurora Bar Code
Technologies of Edmonton, Alberta and installed at the City of
Dawson Creek, B.C. The systems are based on the QI Card stored
value card scheme and operate as off-line payment and control
terminals. The upgrade will add VPN connectivity to these devices
with TCP-IP addressing and will provide full time monitoring and
reporting capability from a server located at the City offices. QI
products support both automated and manual retrieval of transaction
and operational records for report generation. QI has previously
supplied various network configurations of its self-serve payment
terminals and has supported dial-up and hard-wired network
topologies. This system, tobe installed in March, represents a
milestone as it is the first QI system which incorporates direct
TCP-IP connectivity with the point of payment. It adds a new level
of remote monitoring and service support for QI products. Anyone
who has experienced the weather in Dawson Creek at this time of
year will appreciate the significance. The Dawson Creek
installation will connect to the city's intranet via a VPN. The
technology also enables Internet connectivity for other QI devices
and is expected to create new market opportunities for them.
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 and 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 Garman of QI Systems Inc., +1-604-248-2301, Web site:
http://www.send2press.com/
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