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   Gold/Mining/EnergyCSI Credit Systems CSU.VSE


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To: Stephen O who wrote (45)3/22/1999 11:31:00 AM
From: Stephen O
   of 90
 
CSI lands McDonalds as a customer, joining Nike, Levi Strauss and Best Western.

Today McDonalds started a pilot in one store in Surrey BC with 4 CSI terminals. They displaced Royal Bank terminals because they are able to provide the paper audit trail for people withdrawing cash on Debit cards as well as paying for the meal. With the terminals in place other promotional programs can be offered in the future.

Stock price is 88c today.

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To: Stephen O who wrote (46)3/22/1999 4:03:00 PM
From: keith schaefer
   of 90
 
Let's hope there will be billions and billions served by CSI. Think of the transaction fees on a franchise with that kind of volume.

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To: Spock who wrote ()4/14/1999 6:32:00 PM
From: keith schaefer
   of 90
 
Ex CFO of VISA appointed to CSI board of directors

CSI Credit Systems International Inc
CSU
Shares issued 11,912,907
1999-04-13 close $0.8
Wednesday Apr 14 1999
Mr. James Christensen reports
Roger L. Peirce has been appointed to the company's board of directors. Mr. Peirce
is a former business unit president of First Data Corporation. Prior to his experience
at FDC he was the chief operating officer at VISA.
Mr. Peirce lives in San Francisco and is currently on the boards of a number of high
growth, high technology firms.
(c) Copyright 1999 Canjex Pu

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To: keith schaefer who wrote (48)4/14/1999 7:25:00 PM
From: Stephen O
   of 90
 
CSI APPOINTS NEW U.S.-BASED DIRECTOR Full story
4/14/99 17:27

VANCOUVER, British Columbia--(BUSINESS WIRE)--April 14, 1999--
CSI Credit Systems International Inc. (CSI) (VSE:CSU) President James
Christensen announced that Roger L. Peirce has been appointed to
the company's board of directors.
Peirce is a former business unit president of First Data
Corp. (FDC), where he was responsible for growing FDC's merchant
services organization (now processing more than half of all US Credit
card transactions). Prior to his experience at FDC he was the Chief
Operating Officer at VISA.
During his 13-year tenure at VISA Peirce played a significant
role in building VISA to a major global player in consumer payments.
He was responsible for systems, risk control, sales and marketing, and
advertising. He also had a seat on all five VISA Regional Boards.
While he was overseeing FDC's merchant processing business, sales
grew from $100 million to $1 billion, becoming FDC's largest business
unit representing 25% of the company. He also developed the U$A Value
Exchange, a targeted marketing system using customers' credit card
purchase history.
"Roger Peirce's experience and contacts will be a significant
asset for CSI as we expand into the U.S. market," said James
Christensen, President and CEO of CSI. "His background in electronic
commerce and payment systems and his sales and marketing knowledge
make him a strong strategic addition to our board of directors."
Peirce lives in San Francisco and is currently on the board of a
number of high-growth, high-technology firms.
CSI Credit Systems International is a transaction information
company specializing in business-to-customer transactions. CSI offers
retail businesses the opportunity to market products and services on a
customer specific basis through a comprehensive and fully integrated
network of customer information gathering software and hardware.



CONTACT: CSI Credit Systems International Inc., Vancouver
J. Caren Holtby, 604/415-1517
E-mail: choltby@csicredit.com
Web site: www.csicredit.com

IMO This is a major plus for CSI, which after all is a small Canadian company. There is now someone with many powerful contacts in the Credit/Debit business in the USA associated with CSI and able to lend them immense credibility.

Stephen O

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To: Stephen O who wrote (49)4/22/1999 10:55:00 PM
From: ED BAARTMAN
   of 90
 
Pretty high volume traded today. Anybody know if anything is up?
Share price seems to be creeping up.

Ed B.

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To: ED BAARTMAN who wrote (50)4/26/1999 4:41:00 PM
From: keith schaefer
   of 90
 
WOWZA...big blocks go through at the end of the day, something is happening.

Kevin, are you hearing anything?

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To: keith schaefer who wrote (51)4/27/1999 2:55:00 PM
From: Stephen O
   of 90
 
Volume is continuing, we're at 140,000 now at 12 Noon PDT.

Perhaps others are seeing the value and potential here, something we saw a long time ago.

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To: Stephen O who wrote (52)4/28/1999 1:05:00 PM
From: richieg
   of 90
 
Volume not racing today as previous few days .... understand there has been at least one newsletter (MiniCap ?) picked up on CSU ... sending out 6000 odd copies. Will probably hit Friday or Monday .. I'm looking for 1.15 to 1.20 but the good news is yet too come ... getting rumblings of something largess... scuttlebutt is major bank contract ... will have to wait and see... if my suspicions are correct this will be very good and maybe even some day give us a little dividend ... now wouldn't that be nice !

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To: richieg who wrote (53)4/29/1999 10:16:00 AM
From: keith schaefer
   of 90
 
CSI Credit Systems third quarter results

CSI Credit Systems International Inc
CSU
Shares issued 11,912,907
1999-04-27 close $0.95
Wednesday Apr 28 1999
Ms. J. Caren Holtby reports
Revenue for the third quarter of fiscal 1999, ended Feb. 28, 1999, is lower than
expected, but sales activity has been high. Orders were slow to close in this quarter.
In addition, inventory levels have been increased to take advantage of bulk
purchases.
During this quarter the company signed Rocky Mountain Chocolate Factory to an
Ernex customer loyalty and tracking program at all 11 corporate locations across
Canada. The company also operates 17 franchise locations in Canada and 221 in the
United States.
CSI installed Ernex in Nike Canada's flagship store, Nike TO, in Toronto. Nike is
using Ernex real-time points and Ernex e-gift to enhance customer loyalty and
tracking. Nike has 71 corporate stores in the United States.
CSI completed certification for its GT-100 terminal with the credit union, Desjardins,
the largest financial institution in Quebec. CSI is now certified with six banks and
credit unions in Canada and three processing companies in the United States.
The company expanded its Family Golf Ernex program, which began as a pilot
program during the second quarter in the Southeastern United States and has now
increased to a total of 62 locations in the third quarter in Canada and the United
States.
The company completed a private placement of 300,000 units at 75 cents per unit
for gross proceeds of $225,000 with FutureFund Capital (VCC) Corp. on April 27,
1999.
Ernex Insight, a comprehensive data mining and reporting service was launched in
the quarter. It allows Ernex customers secure multidimensional and interactive
access to all their program data via the Internet.

Condensed Statement Of Operations
Three months ended Feb. 28

1999 1998

Sales $ 683,727 $ 684,916

Gross margin 422,054 424,647

Operating expenses 607,183 508,663
--------- ---------
Net income (loss)
before non-controlling
interest (185,129) (84,016)

Non-controlling
interest 12,462 -

Net income (loss) (172,667) (84,016)
--------- ---------
Earnings (loss) per
share (1.4 cents) (8 cents)

Condensed Statement Of Operations
Nine months ended Feb. 28

1999 1998

Sales $2,140,024 $1,710,241
---------- ----------
Gross margin 1,147,917 658,443

Operating expenses 1,813,657 1,000,886
---------- ----------
Net income (loss)
before non-controlling
interest (665,740) (342,443)
---------- ----------
Non-controlling
interest 47,059 -

Net income (loss) $ (618,681) $ (342,443)
========== ==========
Earnings (loss)
per Share (5.2 cents) (3.3 cents)


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To: keith schaefer who wrote (54)5/11/1999 10:12:00 PM
From: richieg
   of 90
 
CSI sells parking division assets

CSI Credit Systems International Inc CSU
Shares issued 11,912,907 May 11 close $1.09
Tue 11 May 99 News Release
Ms. J. Caren Holtby reports
CSI Credit Systems International has sold the assets of its parking
division to enable the company to focus on its growing ERNEX business.
ERNEX offers real time transaction processing solutions to retailers using
turnkey electronic marketing programs, such as customer loyalty points,
electronic gift certificates, and electronic coupons, all in real time.
The parking division has been an expense to the company for some time, with
limited revenue from its current products. CSI has decided to divest itself
of its parking operations and continues to pursue its mandate, focusing all
of its energies on the expanding customer loyalty business, through ERNEX
the real time electronic marketing, customer loyalty system.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

I must admit to some curiousity as to the selling price but read it as a very good news announcement. The next good news must be extremely close at hand, I suspect, as they have been very tight lipped about new contracts.

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