Fri, 30 Apr 2004 04:35:21 -0500

QIIIF: Volume Spike; 78% > 20-adsv, Stock +5.00%

This is the 1st VOLUME alert for QIIIF in the past 7 calendar days.

QIIIF is currently trading 460.00% above its 52-week low of 0.075 from June 12, 2003.

Trading for QI Systems Inc (OTCBB: QIIIF) has been heavier than usual. By 13:55 ET, the stock had already traded 86,100 shares via 29 trades. The cumulative volume is 78.04% above its 20-day average of 48,359. Normally the stock experiences around 9 individual trades per session.

So far, today's volume surge has caused a net rise in QIIIF's stock price. At the time of this alert, the stock was trading at 0.420, up 0.020 (+5.00%).

One year ago, the Company's shares closed at 0.240. The price has gained more than 75 percent since then.

Over the last 10 trading session QIIIF has traded in a range between 0.330 and 0.480 and is currently trading 16.00% below its 52-week high of 0.500 set on September 26, 2003 and 460.00% above its 52-week low of 0.075 from June 12, 2003.

More info on QIIIF - http://otcbb.com/asp/quotes.asp?Quotes=qiiif

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StockTrend Update is an independent research firm. This report is based on StockTrend Update's independent analysis but also relies on information supplied by sources believed to be reliable. This report may not be the opinion of QIIIF management. StockTrend Update has also been retained to research and issue reports on QIIIF. Micro Electronic Ticker may from time to time purchase or sell QIIIF common shares in the open market without notice. The information contained in this report shall not constitute, an offer to sell or solicitation of any offer to purchase any security. It is intended for information only. Some statements may contain so-called "forward-looking statements". Many factors could cause actual results to differ. Investors should consult with their Investment Advisor concerning QIIIF. Copyright 2004 © StockTrend Update Ltd. Nors S.A., Apartado 0832-0588, Calle 53 Marbella, Panama City, Panama. All Rights Reserved. StockTrend Update was paid two thousand dolla! rs to distribute this report.

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