VendTek Systems announces resignation of Chief Financial Officer
23 Abril 2012 - 7:30AM
PR Newswire (Canada)
TSX Venture Exchange: VSI VANCOUVER, April 23, 2012 /CNW/ - VendTek
Systems Inc (the "Company" or VendTek"), a developer and licensor
of software for the global pre-paid and financial services markets
announces that Nurez Khimji, the Company's Chief Financial Officer
and Corporate Secretary, has resigned. Mr. Khimji will continue to
work with the Company through a transition period which will end no
later than June 15, 2012. The Company has commenced a
search for his replacement and will provide an update to the market
when a replacement has been determined. Senior management and the
Company's Audit Committee will monitor and provide oversight of
financial matters until a replacement has been found. The
Company would like to thank Mr. Khimji for his service to the
Company. 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. 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.
VendTek Systems Inc. CONTACT: Samantha White at 604-805-4653 or
1-800-806-4958or investment@vendteksystems.com.
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