QI Systems Inc. Receives Significant Order from Cale of Canada

Cale has been a customer of QI Systems since the year 2000, when QI first developed card-payment technology for use in Cale pay-and-display parking meters in the city of Sherbrooke, Quebec as part of the largest North American installation of the Mondex stored-value card system.

Since that time, QI has worked with Cale to develop and support several chip-based card systems and also to support credit-card payment abilities in Cale parking meters. Working together, QI and Cale have delivered cutting-edge card payment technologies now utilized by Cale's various government and private-sector customers.

QI's CEO, Steve Garman, commented, "I believe QI Systems will soon benefit from a considerable upswing in parking-revenue systems growth. We value our close working relationship with Cale, and look forward to many years of together serving this important, rapidly-expanding international market."

About Cale Systems Inc.

Cale Systems Inc. is a wholly-owned Canadian subsidiary of Cale Access AB of Solna, Sweden. Established in 1955, Cale Access AB has grown to where it now and has customer installations in over 30 countries worldwide. Today it is a global leader in self-serve parking revenue collection systems for both on-street and off-street use.

About QI Systems Inc.

QI Systems Inc. designs, develops and markets chip-based card payment solutions to a number of industries. Products and core competencies include "smart"-card and stored-value systems, security protocols, data communication software design and hardware manufacture.

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.