VENDTEK SYSTEMS ANNOUNCES HIRING OF COO

TSX Venture Exchange: VSI

VANCOUVER, April 12 /CNW/ - VendTek Systems Inc. (TSXV: VSI) (the "Company"), a developer and licensor of software for the global prepaid and financial services markets, is pleased to announce that the Company has appointed Mr. Francois Chevallier as its new Chief Operating Officer effective April 18th, 2011.

Prior to joining VendTek, Mr. Chevallier was the Vice-President of Service and Distribution Systems with Rogers Communications.  He has experience in business development, strategic planning, integration of corporate acquisitions, IT management and marketing.

Mr. Chevallier spent ten years leading various marketing, strategy, operations and business development groups. Most notably, he started the Futureshop.ca and Rogersplus.ca websites, developed and led a Business Intelligence program, created and grew a photo finishing business and led the integration of companies acquired by Rogers.

Mr. Doug Buchanan, President and Chief Executive Officer of VendTek, says that in addition to Mr. Chevallier's experience, the Company was particularly impressed by his strong leadership skills, focus on accountability and common sense.

"After a thorough search process, we are excited to add Francois to our organization," continued Mr. Buchanan.  "His experience in telecommunications - particularly wireless and business development means he understands our customers and the facets of our supply chain."

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.


SOURCE VendTek Systems Inc.

For further information:

Samantha White at 604-805-4653 or 1-800-806-4958 or investment@vendteksystems.com

Profil de l'entreprise

VendTek Systems Inc.

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.