VENDTEK ANNOUNCES ANOTHER MILESTONE ACHIEVEMENT
FOR DEPLOYMENT OF POS TERMINALS

October 2, 2003 - VendTek Systems Inc. (TSX-V: VSI) ("VendTek" or "The Company"), a leading provider of software for prepaid service distribution, is pleased to announce that its wholly owned subsidiary Now Prepay Corp. has reached the 1500 e-Fresh POS terminal deployment milestone in Canada.

This is a significant milestone in the growth of the Now Prepay business.
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 due to the ongoing deployment of terminals. The Now Prepay POS terminals and server create recurring transaction revenues from the sale and electronic distribution of prepaid services. Now Prepay began selling services through POS terminals in December 2002.

"This is a great milestone for Now Prepay and VendTek. This milestone shows there is a continued demand for our services and the Now Prepay branded POS terminals in the marketplace. VendTek has evolved into an entirely new business. Our business model is proving successful from the top line revenues, to the caliber of customers we're attracting." said Paul Brock, President of VendTek Systems Inc. "With our unique strategy and ongoing deployment we are planning to be the number one prepaid network in Canada."

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.