VENDTEK ANNOUNCES 6000 TERMINALS DEPLOYED IN CANADA

January 27, 2005 – VendTek Systems Inc. (TSXV: VSI) (“VendTek” or “The Company"), a leading developer of software for the prepaid service distribution industry, is pleased to announce that its wholly owned subsidiary Now Prepay has deployed 6,000 POS clients in Canada.

Paul Brock, President of VendTek said, “6,000 distribution points in Canada is a great achievement for Now Prepay and Now Prepay is continuously adding new terminals to the network. The growth of the Now Prepay business has resulted in VendTek achieving positive cash flow for its total operations. Our focus and growth in the marketplace is paying off and allowing us to support our business internally. We are continuing to pursue our goal of providing software under license to generate recurring revenues which will lead to a positive bottom line while concurrently building shareholder value as we continue expanding into foreign markets.”

For further information, please contact Samantha Haynes at 604.805.4653 or 1-800-806-4958 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.