Vendtek Introduces Micro- Payment Application

Vancouver, British Columbia CANADA, March 12, 2008 (www.AllPayNews.com) - VendTek Systems Inc. (VSI - TSX Venture), ("VendTek" or "The Company"), a leading provider of automated transaction systems software, is pleased to announce that it has developed a new application for the electronic delivery of PINs for prepaid mobile phones via short message service (SMS). This allows for the distribution of PINs directly to the mobile phone.

In some countries, point of sale (POS) terminals are too expensive for merchants to use and are not widely deployed. However, many merchants already own mobile phones. With eFresh SMS(TM), PIN distribution can be completed using SMS text messaging with a mobile phone. This allows for the extension of the eFresh(TM) network into many rural and developing areas. According to International Telecommunications Union, developing countries now account for 56% of all mobile users, and for 79% of usage growth.

eFresh SMS(TM) is a fully integrated solution using all of the eFresh(TM) functionality. It can operate along with POS, ATM, PC, and Web based distribution points. A merchant can request a PIN by simply sending a SMS message to the eFresh(TM) server. The entire transaction can be completed in real time instantly.

"We are committed to being at the forefront of prepaid transaction processing technology. While we are very encouraged by the market opportunity in North America, the international opportunities for electronic prepaid mobile phone distribution are even greater. eFresh SMS(TM) processes mobile to mobile transactions. We believe that this new micro-payment application will accelerate the adoption of electronic distribution of PINs particularly in developing countries," said Doug Buchanan, President and Chief Executive Officer of VendTek Systems Inc.
For more information please contact Samantha Haynes at 1-800-806-4958 or 604-805-4653 or via e-mail shaynes@vendteksys.com.

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 and its division, Now Prepay Corp. 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 website www.vendteksys.com

This release contains forward-looking statements within the meaning of the "safe harbor'' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The Company assumes no obligation to update any forward-looking information contained in this news release.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Source: VendTek Systems Inc. (TSX-V VSI) www.vendteksys.com