QIIIF QI Systems (MM)

QI Systems Inc. (OTCBB:QIIIF) is pleased to announce several new orders for its low power hybrid card reader and newspaper box controller system used in the USA Today Collegiate Readership Program. The orders for shipment this summer include new campus installations, as well as additional equipment to expand the Readership Program at several participating campuses. One location of note is Penn State University which was the first participant in the USA Today program. Penn State's various campuses now have one hundred newspaper boxes installed that contain QI equipment. The QI relationship with USA Today goes back to the 1996 Olympic Games in Atlanta. As part of the Visa Cash payment program deployed to highlight smart card technology at the games, QI supplied newspaper box controllers configured to accept payment by Visa Cash cards. USA Today installed this equipment in their news racks at MARTA transit stations around the city. The installation of the Visa Cash payment system in news boxes in Atlanta highlighted the spirit of innovation and leadership that has been the hallmark of the USA Today - QI Systems partnership over the years. The USA Today Collegiate Readership Program is another example of QI Systems' practical and inventive use of technology that adds value in the delivery of goods and services. The program, using QI battery powered controllers to confirm valid student ID cards and provide access to papers in the boxes, was initiated by, and is still managed by USA Today. However, on many campuses the program now includes newspapers from other publishers as well as USA Today. The USA Today Collegiate Readership Program is installed at various campuses around the country. They include Miami University, Florida Atlantic, Florida State, Florida Southern, University of Florida, Florida A&M, Florida Gulf Coast University, University of Northern Florida, University of Buffalo, Stroudsburg, Lasalle, Penn State, Duke, King's College, Villanova, Missouri Western, Northwest Missouri State, Central Missouri State, Rutgers, Fairleigh Dickinson, Auburn, KU, Kansas State, University of Nebraska Lincoln, Duquesne, Augsburg College, University of Missouri Columbia, University of Massachusetts Amherst, Holy Cross, Dartmouth, Willamette, Minnesota State, Clark, Franklin and Marshall, College of Saint Rose, University of South Carolina, West Virginia University, University of Iowa, Texas A&M University, Texas Tech University, University of Iowa, Cornell, University of Denver, Syracuse, University of Utah, Delhi State, Mankato University, Gustavus, Frostburg, St. Mary's, Murray State, Mercer, Samford, Lehigh, Fresno State, Alabama, West Georgia, UCSD and others. QI is honored and proud to provide creative identification and payment solutions for unique applications such as the USA Today Campus Readership Program. QI Systems Inc. designs and sells chip-card 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 announcement 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 current expectations. QI Systems undertakes no obligation to publicly update such forward-looking statements. For more information about QI Systems Inc., visit www.qisystems.ca.