VendTek Systems Inc., a leading provider of software
for prepaid service distribution, is pleased to announce that transactions
on the Company’s network in the United States have begun.
VendTek announced an agreement in December with The Brennes-Jones Group
Inc., an Independent Sales Organization that provides payment processing
throughout the United States and Puerto Rico. VendTek and Brennes-Jones
have begun the rollout of the network in the United States and transactions
“We have planned our expansion into the United States for some time and
we are extremely pleased to announce that transactions have started.
Between the Brennes-Jones Group and our license agreement with NetworkIP we
look forward to expanding throughout the U.S.” said Doug Buchanan, CEO of
VendTek Systems Inc.
VendTek develops and licenses automated transaction system software and
supporting technologies that improve the efficiency of product delivery,
reduce costs to clients and offer superior safety measures. VendTek’s
customers and its subsidiary, VendTek Systems Technologies (in China), are
using e-Fresh(TM) software to build electronic, prepaid services networks,
which enable consumers to purchase prepaid services via POS and self-serve
terminals connected to a central e-Fresh(TM) server. This system creates
significant value through improved efficiencies compared to the traditional
distribution paradigm. e-Fresh(TM) reduces shrinkage and inventory
requirements while improving consumer access to prepaid services by
completely eliminating physical cards and vouchers.