VENDTEK ENGAGES PROSPIEL CAPITAL FOR INSTITUTIONAL INVESTOR RELATIONS

TSX Venture Exchange: VSI

VANCOUVER, Sept. 10 /CNW/ - VendTek Systems Inc. (VSI - TSX Venture) (the "Company"), a developer and licensor of software for the global prepaid and financial services markets, announced today it has retained Prospiel Capital ("Prospiel") to provide strategic investor relations services. Under the terms of the agreement, VendTek will pay Prospiel Capital $3,500 per month for a twelve-month term and grant 50,000 stock options at an exercise price of $0.45.

Prospiel Capital will assist the Company in developing consistent productive dialogue with institutional level investors. Prospiel was founded by John D. Henderson, a veteran Vancouver-based institutional investment advisor.

"John was one of the most successful institutional brokers at placing our shares with quality institutional investors. We are happy that he will be assisting us with our communications to the investment community," stated Doug Buchanan, President and Chief Executive Officer.

About Prospiel Capital

Based in Vancouver, Prospiel (www.prospiel.com) provides actionable investment insight to professional money managers worldwide. Through detailed company screening and consistent institutional activity Prospiel is modeled to highlight exciting global opportunities yet minimize trading costs for professional money managers. Prospiel also serves to reduce financing costs, time and uncertainty for publicly listed small cap companies.

About VendTek

VendTek develops and licenses automated transaction system software and supporting technologies that improve the efficiency of product delivery, reduce costs to clients and offer superior safety measures. VendTek's customers, subsidiaries and its Now Prepay division use e-Fresh(TM) software to build electronic, prepaid services networks that enable consumers to purchase prepaid products and services via POS and self-serve terminals connected to a central e-Fresh(TM) server. This system creates significant value through improved efficiencies compared to a traditional distribution model. e-Fresh(TM) reduces shrinkage and inventory requirements for vendors while improving consumer access to prepaid products and services by completely eliminating physical cards and vouchers. VendTek has deployed its software around the world including multiple countries in North America, Asia, the Middle East and Africa. For further information please visit the Company's websites www.vendteksystems.com and www.nowprepay.com.

Forward-Looking Information

This news release contains forward-looking statements that are subject to risks and uncertainties that may cause actual results or events to differ materially from the results or events predicted in this release, including those comments predicting the level of inventory overstatement and its material impact on the financial statements. Although we believe that the forward-looking statements contained herein are reasonable, we can give no assurance that our expectations are correct and that the results, performance or achievements expressed in, or implied by, forward-looking statements within this disclosure will occur. All forward-looking statements are expressly qualified in their entirety by this cautionary statement.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information: Samantha White at 604-805-4653 or via email [email protected]