VENDTEK INTRODUCES LEADING TECHNOLOGY AND ANNOUNCES NOW PREPAY HAS DEPLOYED 3500 e-Fresh POS TERMINAL CLIENTS IN CANADA

April 8, 2004 - VendTek Systems Inc. (TSX-V: VSI) ("VendTek" or "The Company"), a leading provider of software for prepaid service distribution, is pleased to announce that it has deployed what the company believes to be the first IP based POS terminals in operation in Canada selling prepaid services and at the same time announced its wholly owned subsidiary Now Prepay Corp. has reached 3500 e-Fresh POS terminal clients in Canada.

VendTek has begun to deploy IP based solutions that enable POS terminals located in retail sites with full time internet connections, to process transactions faster than compared to a telephone dial up method and at a lower cost. The use of a high-speed internet connection to connect with the Now Prepay transaction host server allows transactions to complete in less than 10 seconds. The resulting faster transaction is improving the customer experience and improving the ability for a merchant to sell more products consecutively during peak sales times. VendTek continues to provide innovative solutions, which are being commercialized in Canada by its subsidiary Now Prepay. The new technologies being introduced by VendTek are helping to continually grow the Now Prepay network. VendTek is also marketing this technology in other countries.

"The ongoing growth and success of Now Prepay is allowing us to offer our customers the best possible value. Our ability to quickly develop and commercialize new technologies is part of our value program and ensures that our customers are getting the best possible service. We have maintained focus on our business plan. We announced 3000 terminals less than two months ago and our rate of growth is continuing to increase. We continue to generate growing recurring revenues from these terminals and expand our customer base. The additional commercial relationships we are developing will soon allow even faster growth and improved financial performance." said Paul Brock, President of VendTek Systems Inc.

The POS terminals have been deployed in a wide range of retail sites throughout Canada including several major retail chains. The Company has demonstrated continued growth in revenues with the ongoing deployment of terminals. The Now Prepay POS terminal clients and server create recurring transaction revenues from the sale of prepaid services. Now Prepay began selling services through POS terminals in December 2002.

For more information, or to receive news and updates as they become available, please contact Investor Relations at 1-800-806-4958 or 604-940-2239 or investment@vendteksys.com.

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

VendTek Systems Inc. develops, markets, and sells e-Fresh, which is a suite of software applications use to electronically distribute prepaid telecommunication products and financial services. Commercialization of
e-Fresh under license is VendTek's strategy to create sustainable and recurring revenues.

VendTek's customers and its subsidiaries, Now Prepay Corp. and VendTek Systems Technologies (Beijing), 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 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 since it is completely electronic and eliminates physical cards and vouchers.

This release contains forward-looking statements within the meaning of the "safe harbor'' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The Company assumes no obligation to update any forward-looking information contained in this news release.

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