VANCOUVER - February 11, 2009 - VendTek Systems Inc. (VSI - TSX Venture) (the "Company") today reports that preliminary investigations by management of the Company indicate that the Company's inventory on its quarterly financial statements ending January 31, 2007, April 30, 2007 and July 31, 2007, its October 31, 2007 annual financial statements (and on subsequent quarterly financial statements) may be overstated by approximately $1.5 million to $2 million. The Company has consulted with its current and former auditors regarding this potential overstatement. The Audit Committee of the Company is currently working with management and its outside advisors to confirm that an overstatement has occurred and, if so, to determine the remaining impact of any overstatement on the Company's balance sheet and the implications, if any, on the Company's Statements of Operations and Deficits and Statements of Cash Flows for the periods ended, January 31, 2007, April 30, 2007 and July 31, 2007, October 31, 2007, January 31, 2008, April 30, 2008 and July 31, 2008. The Company cautions that it may have to restate its annual financial statement for the period ending October 31, 2007, some or all of its quarterly financial statements for the year ended October 31, 2007 and its financial statements and for the first 3 quarters of this year. Due to the potential for restatement, the Company cautions that its previously filed financial statements should not be relied upon until the Company can confirm their accuracy or restated financials are filed. As a result of this process, the Company may not (although this is still to be determined) be able to file its audited financial statements for the year ended October 31, 2008 by the end of February, 2009 as it is required to under securities laws. The Company will provide an update on its ongoing investigation as well as its ability to file its 2008 financial statements within the required timeline on or before February 20, 2009.

Doug Buchanan, President of the Company stated "that the Company is very aware of the concern that all stakeholders have regarding the uncertainly created by the potential for restatement of financial statements in today's business climate. While this uncertainty is unfortunate, we are committed to accurate financial reporting."

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, and its subsidiaries are using e-Fresh™ 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™ server. This system creates significant value through improved efficiencies compared to the traditional distribution paradigm. e-Fresh™ 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.vendteksys.com and www.nowprepay.com.

Forward-Looking Information

This news release contains forward-looking statements that are subject to risks and uncertainties that may cause actual results or events to differ materially from the results or events predicted in this release, including those comments predicting the level of inventory overstatement and its material impact on the financial statements. Although we believe that the forward-looking statements contained herein are reasonable, we can give no assurance that our expectations are correct and that the results, performance or achievements expressed in, or implied by, forward-looking statements within this disclosure will occur. All forward-looking statements are expressly qualified in their entirety by this cautionary statement.

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