VendTek announces retention of leading investor relations firm

TSX Venture Exchange: VSI

VANCOUVER , Dec. 21 /CNW/ - VendTek Systems Inc. (TSX-V:VSI) ("VendTek" or the "Company"), announced today that is has retained The Equicom Group Inc. ("Equicom") to provide strategic investor relations and communications services.

Equicom provides strategic communications services to approximately 100 public companies across a diverse range of industries. Under the terms of the agreement, VendTek will pay Equicom a project fee of $25,000 for select strategic communication services. The initial contract term is three months and commences immediately.

Neither Equicom nor any of its principals have an ownership interest, directly or indirectly, in VendTek or its securities, nor has the Company granted Equicom or its principals any rights to acquire any such interests. Equicom is a wholly-owned subsidiary of TMX Group Inc.

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, its division, Now Prepay and its subsidiaries are using e-Fresh(TM) software to build electronic, prepaid services networks, which enable consumers to purchase prepaid 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 the traditional distribution paradigm. e-Fresh(TM) reduces shrinkage and inventory requirements while improving consumer access to prepaid services by completely eliminating physical cards and vouchers. For further information please visit the Company's websites www.vendteksystems.com and www.nowprepay.com.

About Equicom Group

Equicom, a wholly-owned subsidiary of TMX Group Inc., is a leading Canadian provider of investor relations and strategic corporate communications services. With proven expertise in developing and executing highly effective strategic communications programs, and an extensive network of investment community contacts, Equicom specializes in helping clients achieve their capital markets objectives. Equicom offers a comprehensive suite of services including: investor relations, media relations, annual report production, multimedia and web design, web casting, live event management and corporate branding. Equicom is headquartered in Toronto , with offices in Montreal and Calgary . For further information, please visit www.equicomgroup.com.

    
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For further information: Samantha White at [phone] or via email [email protected]