• F3 shall lend the Company an additional CAD$50,000 pursuant to a secured promissory note, with a maturity date of January 31, 2015 and an annual interest rate of 1.0%, which will be secured by a security interest pursuant to a general security agreement.
The agreement has been approved by the Board of Directors and executed today by both parties. This transaction is subject to approval by the TSX-V. The Company intends to expend the proceeds of the private placement for general corporate and working capital purposes.

About VendTek

VendTek develops and licenses automated transaction system software and supporting technologies. VendTek's customers, subsidiaries and its Now Prepay division use e-Fresh™ software to build electronic, prepaid services networks that enable consumers to purchase prepaid products and services via POS and self-serve terminals connected to a central server. This system creates significant value through improved efficiencies compared to a traditional distribution model. e-Fresh™ reduces shrinkage and inventory requirements for vendors while improving consumer access to prepaid products and services by completely eliminating physical cards and vouchers. VendTek has deployed its software around the world including Canada, United States, Asia, the Middle East and Africa. For further information please visit the Company's websites www.vendteksystems.com and www.nowprepay.com.

About F3

F3 Capital Partners Ltd. is the private equity branch of F3 Investments, an advisory and investment management firm focused on providing comprehensive investment solutions to institutional investors as well as ultra-high net worth individuals with complex investment portfolios. F3 Investments currently manages or advises over CAD 900 million in public and private equity, credit and fixed income strategies. Felipe Ayres and Filipe Durand founded F3 Investments in 2012. The company has offices in São Paulo, Brazil, and in Calgary, Canada.

For more information please contact Samantha White at 604-805-4653 or 1-800-806-4958 or investment@vendteksystems.com.
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