Client gets empty password in welcome email

[Towelie]

After a client creates his account by the reseller order interface and the reseller confirms the account, the email that client receives should contain his initial generated password, but I get an empty field:

Code:

Password:

The email template looks like this:

Code:

User type: {USERTYPE}
User name: {USERNAME}
Password: {PASSWORD}

I mention that I already read and applied the patch here:
http://www.isp-control.net/ispcp/ticket/2249
but it doesn't seem to change anything.

Before the upgrade to 1.04, the password generation was working.

OS: CentOS 5.4
ispCP : 1.04