VENDTEK DISSOLVES VOLUNTARY POOL

September 30, 2003 -VendTek Systems Inc. (TSX-V: VSI) ("VendTek" or "The Company"), a leading provider of software for prepaid service distribution, announces that the TSX-V has advised that it had no objections to the Company arranging for the dissolution of the voluntary pooling agreement dated May 28, 1999, entered into between the Company and various principals of the Company. The dissolution of the agreement will result in the release of the remaining 1,000,000 common shares out of the 2,000,000 shares originally pooled by the principals following the release of the shares from regulatory escrow under Local Policy 3-07.

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. engineers, markets and sells e-Fresh, which is an electronic distribution software for prepaid telecommunication 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.

For more information, or to receive news and updates as they become available, please contact Samantha Haynes at 604.940.2239.

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.