| Wednesday October
3, 2007 -In the News
The Globe and Mail reports in its Wednesday, Oct. 3,
edition that VendTek Systems edged ahead four cents
Tuesday on the TSX Venture Exchange to finish at 89
cents. The Globe's Allan Robinson writes in the Eye
On Equities column that VendTek Systems stock has a
one-year trading range of 30 cents to $1.10. VendTek
Systems develops and licenses automated transaction
systems software, and supporting technologies for retailers.
VendTek Systems has signed its third United States distribution
contract this year, says Jennings Capital analyst Ron
Shuttleworth. By the end of 2008, the U.S. market could
represent one-quarter of its total business as measured
by terminal endpoints, says Mr. Shuttleworth. He boosted
his share price target to $2.40 from $1.80.
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