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- VENDTEK EXPANDS ITS BOARD OF DIRECTORS

November 14, 2006 -VendTek Systems Inc. (TSX-V: VSI) a leading provider of software for prepaid service distribution, is pleased to announce the appointment of Mr. Martin Parent to its Board of Directors.

Mr. Parent is a graduate of the , BBA and a graduate of the MBA program at the University of British Columbia. Mr. Parent is a senior executive with over 15 years experience in the consumer packaged goods and Wireless Telecom industries. Since 2003 he has worked for Cadbury Adams, the largest Confectionery organization in Canada which markets and sells gum, chocolate and candy products, and a division of Cadbury Schweppes PLC. In 2005 he was appointed Vice-President, Marketing Total Confectionery and Seasonal.

Prior to Cadbury Adams, Mr. Parent was with Microcell Solutions, a wireless communications company that launched the first Canadian branded PCS service called FIDO. FIDO was recognized as the #1 Brand in the PCS category until purchased by Rogers Communications in 2004. From 2002 -2003 he was Vice-President, Fido Sales & Distribution where he was responsible and accountable for the achievement of a National Business Plan across all channels of distribution and all user segments, through a team of 600 individuals.

Doug Buchanan, president of VendTek Systems said "We are very pleased to have Mr. Parent join our board of directors. VendTek intends to continue the trend of strong growth demonstrated over the past four years and with plans for expansion in the near future the Company will benefit from the expertise that Mr. Parent can offer the company; we look forward to his contributions."

"I am enthusiastic about the opportunity to contribute as a board member to the future growth, future successes and new avenues of development at VendTek Systems." Said Martin Parent.

For further information, please contact Samantha Haynes at 604.805.4653 or 1-800-806-4958 or shaynes@vendteksys.com


About VendTek and Now Prepay
( www.vendteksys.com / www.nowprepay.com)

VendTek Systems Inc. develops and licenses eFresh™ software and related technologies, which provides electronic distribution of prepaid telecommunication and financial services. VendTek is commercializing the eFresh™ software under license to create sustainable and recurring revenues. VendTek's customers and its subsidiaries, Now Prepay Corp. (in Canada) and VendTek Systems Technologies (in China), are using eFresh™ software to build electronic, prepaid services networks, which enable consumers to purchase prepaid services via POS and self-serve terminals connected to a central eFresh™ server. This system creates significant value through improved efficiencies compared to the traditional distribution paradigm. eFresh™ reduces shrinkage and inventory requirements while improving consumer access to prepaid services since it is completely electronic and eliminates physical cards and vouchers.

 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
 
TSXV-VSI 1-800-806-4958 1-604-805-4653
© 2006 VendTek Systems Inc. All rights reserved.