VANCOUVER - March 16, 2009 -VendTek Systems Inc. (VSI - TSX Venture) ("VendTek") today confirms that as previously announced, the inventory investigations by VendTek's management and a determination of any potential restatement of its financial statements are ongoing. The British Columbia Securities Commission on March 6, 2006 issued a cease trade order with respect to VendTek's securities (the "CTO") as a result of VendTek failing to file its annual financial statements, management's discussion and analysis and CEO and CFO certificates (collectively, the "2008 Annual Financial Statements") by the filing deadline of March 2, 2009 as prescribed by National Instrument 51-102 - Continuous Disclosure Obligations. As a result of the issuance of the CTO with respect to the VendTek's securities, VendTek is no longer required to adhere to the "Alternative Information Guidelines" set out in National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults. However, VendTek will continue to update the market as more information becomes available.

For further information please contact Samantha Haynes at 604.805.4653 or 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, 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.