VENDTEK'S SUBSIDIARY NOW PREPAY ENTERS INTO AGREEMENT WITH IMPERIAL OIL

October 9, 2003 - VendTek Systems Inc. (TSX-V: VSI) ("VendTek" or "The Company"), a leading provider of automated transaction technology, is pleased to announce that its subsidiary Now Prepay Corp. ("Now Prepay") has entered into an agreement with Imperial Oil ("Imperial") to place e-FreshÔ POS terminals in their Esso service stations.

Imperial Oil is one of Canada's largest corporations and has been a leading member of the petroleum industry for more than a century. Imperial distributes its more than 700 products through a Canada-wide network of about 2,100 Esso-branded service stations, about 295 commercial bulk plants and 30 distribution terminals.

Now Prepay President, Doug Buchanan commented, "This is an incredible opportunity for Now Prepay. The exposure at Esso service stations adds tremendous value to the Now Prepay brand and enables us to increase distribution by more than 100% from all current terminals we have operating. The significance of our agreement with Imperial Oil will be measured in dollars and a huge visibility increase for Now Prepay and VendTek. Imperial Oil chose our terminals and software for its user friendliness and capabilities that it can provide to a growing base of operations."

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.

About Imperial Oil www.imperialoil.com

Imperial Oil is one of the largest producers of crude oil in Canada and a major producer of natural gas. The company is the largest refiner and marketer of petroleum products -- sold primarily under the Esso brand -- and a major producer of petrochemicals. Imperial Oil shares (IMO) are listed on the Toronto Stock Exchange and are admitted to unlisted trading on the American Stock Exchange. Imperial Oil is an affiliate of Exxon Mobil Corporation, which owns 69.6 percent of its shares.

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.