VANCOUVER - April 22, 2015 - VendTek Systems Inc. (VSI - TSX Venture) (the "Company"), announced today that it intends to complete a consolidation (the "Consolidation") of its common shares (the "Common Shares") on the basis of (1) post-Consolidation Common Share for every ten (10) pre-Consolidation Common Shares. The Company's articles of incorporation authorize the board of directors to approve certain changes to the Company's capital structure, including the Consolidation. As such, shareholder approval is not required. The Consolidation is subject to TSX Venture Exchange (the "TSXV") approval. The Company anticipates that its post-Consolidation Common Shares will begin trading on the TSXV on or about April 24, 2015. Following the Consolidation, the Company will have approximately 7,264,583 Common Shares outstanding. The Company's outstanding options, warrants and debentures will be adjusted on the same basis (10:1), with proportionate adjustments being made to exercise and conversion prices. No fractional Common Shares will be issued and no cash will be paid in lieu of fractional post-Consolidation Common Shares. The number of post-Consolidation Common Shares to be received by a shareholder will be rounded down to the nearest whole Common Share. A letter of transmittal will be mailed to shareholders advising that: (i) the Consolidation has taken effect; and (ii) shareholders should surrender their existing share certificates (representing pre-Consolidation Common Shares) for replacement share certificates (representing post-Consolidation Common Shares). Until surrendered, each existing share certificate will be deemed, for all purposes, to represent the number of Common Shares to which the holder thereof is entitled as a result of the Consolidation. About VendTek VendTek develops and licenses automated transaction system software and supporting technologies. VendTek's customers and its subsidiaries 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 website www.vendteksystems.com

Forward-looking Statements

This press release contains statements which are not current statements or historical facts and are "forward-looking information" within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, contained in this press release constitute forward-looking information. Examples of forward-looking information in this news release include, but are not limited to, statements with respect to the TSXV's approval of the Consolidation and the anticipated timing of the effective time of the Consolidation. Although the forward-looking information in this press release reflects the Company's current beliefs on the date of this press release based upon information currently available to management and based upon what management believes to be reasonable assumptions, the Company cannot be certain that actual results, performance, achievements, prospects and opportunities, either expressed or implied, will be consistent with such forward-looking information. By its very nature, forward-looking information necessarily involves significant known and unknown risks, assumptions, uncertainties and contingencies that may cause the Company's actual results, assumptions, performance, achievements, prospects and opportunities in future periods to differ materially from those expressed or implied by such forward-looking information. There may be other factors that cause results, assumptions, performance, achievements, prospects or opportunities in future periods not to be as anticipated, estimated or intended. Accordingly, all such factors should be considered carefully when making decisions with respect to the Company, and prospective investors should not place undue reliance on forward-looking information. The Company assumes no obligation to update or revise forward-looking information to reflect changes in assumptions, changes in circumstances or any other events affecting such forward-looking information, except as required by applicable law. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For more information or to receive the complete statements please contact Samantha White at 604-805-4653 or 1-800-806-4958 or investment@vendteksystems.com.

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