VendTek Systems announces resignation of Chief Financial Officer

    




 TSX Venture Exchange: VSI  

 VANCOUVER, April 23, 2012 /CNW/ - VendTek Systems Inc  (the  "Company" or VendTek"), a developer and licensor of software for the  global pre-paid and financial services markets announces that Nurez  Khimji, the Company's Chief Financial Officer and Corporate Secretary,  has resigned. 

 Mr. Khimji will continue to work with the Company through a transition  period which will end no later than June 15, 2012.  The Company has  commenced a search for his replacement and will provide an update to  the market when a replacement has been determined. 

 Senior management and the Company's Audit Committee will monitor and  provide oversight of financial matters until a replacement has been  found. The Company would like to thank Mr. Khimji for his service to  the Company. 

 About VendTek 

 VendTek develops and licenses automated transaction system software and  supporting technologies. VendTek's customers, subsidiaries and its Now  Prepay division use e-Fresh™ 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  server. This system creates significant value through improved  efficiencies compared to a traditional distribution model. e-Fresh™  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 Canada, United States,  Asia, the Middle East and Africa. For further information please visit  the Company's websites www.vendteksystems.com and www.nowprepay.com. 

 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. 

VendTek Systems Inc.


CONTACT:  Samantha White at 604-805-4653 or 1-800-806-4958or [e-mail]. 


    

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