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| VendTek develops and licenses software for the
global prepaid and financial services markets. Our software
product is called eFresh™ and it provides electronic distribution
infrastructure to retailers and retail distributors, allowing
them to sell products and services more efficiently; electronically.
The innovative eFresh™ system eliminates the need for
traditional plastic card and voucher systems when selling prepaid
products and services thereby reducing inventory investment,
theft and other related costs. At the same time, eFresh™
enables retailers to expand their product offering. For consumers,
it provides a secure, convenient means of purchasing prepaid
services at point-of-sale terminals and self-serve kiosks connected
to a central eFresh server. |
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eFresh can do more than just sell prepaid
services, the software can also provide activation and reloading
of gift cards and prepaid credit cards. Distribution of prepaid
gaming, entertainment products and utilities products are all
suitable for distribution using eFresh™. The market for
these applications is growing worldwide. To learn more about
eFresh™ visit our Products
page. |
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VendTek's division, Now Prepay, is using
the eFresh™ software in Canada and generating millions
of dollars of revenues for VendTek. It is also proving
the commercial viability of the eFresh™ solution and
giving VendTek a development ground for the software. The
network of more than 15,000 retail
sites in Canada demonstrates the potential of VendTek's software.
If you
would like to learn more about Now Prepay visit www.nowprepay.com.
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We license our software to our customers
(partners) on a revenue sharing (fee per transaction basis)
so that we are fully vested in our customers business and ready
to help make each installation successful. This partnership
approach and our Canadian based operation are a winning combination
that is also helping our investors build sustainable value with
a long term success formula. To learn more about our company
from an investor perspective please visit our Investors
page. |
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