VendTek Systems Inc. (TSX-V: VSI) - TSX Venture Exchange
 
News Releases

December 6, 2002 - VENDTEK COMPLETES PRIVATE PLACEMENT
Vancouver, B.C., December 6, 2002 - VendTek Systems Inc. (TSX-V: VSI) (the "Company"), a leading provider of automated transaction technology, is pleased to announce that it has completed the private placement announced on November 26, 2002.

November 26, 2002 - VENDTEK ARRANGES PRIVATE PLACEMENT
Vancouver, B.C., November 26, 2002 - VendTek Systems Inc. (TSX-V: VSI) (the "Company"), a leading provider of automated transaction technology, is pleased to announce that it has arranged an investment in the company.

November 14, 2002 - VENDTEK RESTRUCTURES BOARD OF DIRECTORS
Vancouver, B.C., November 14, 2002 - VendTek Systems Inc. (TSX-V: VSI) (the "Company"), a leading provider of automated transaction technology, is pleased to announce that a strategic reevaluation of the compositional make up of its Board of Directors is under way. The resulting changes will include the departure of 2 directors and the addition of 4 new directors.

September 27, 2002 - VENDTEK ANNOUNCES Q3 2002 FINANCIAL RESULTS
Vancouver, B.C., September 27, 2002 - VendTek Systems Inc. (TSX-V: VSI) today announces financial results for the nine months ended July 31, 2002 (2002). Revenues are $1,042,000 in 2002 compared to $4,209,000 in 2001. Net loss for 2002 increased $173,000 to $777,000, a total loss of $0.06 per share, compared to net loss of $604,000 or $0.07 loss per share in 2001.

September 23, 2002 - VENDTEK GRANTS NEW STOCK OPTIONS AND AMENDS EXISTING OPTIONS
Vancouver, B.C., September 23, 2002 - VendTek Systems Inc. (TSX-V: VSI) announces the granting of an aggregate of 200,000 incentive stock options to a director and an employee of the Company. The options shall have a term of five years, with an exercise price of $0.20 per share.

August 28, 2002 - VENDTEK TO CLOSE SECOND TRANCHE OF PRIVATE PLACEMENT UNDER REVISED TERMS
Vancouver, B.C., August 28, 2002 - Further to VendTek Systems Inc.'s news releases of July 22, 2002 and August 8, 2002, the Company announces that the $500,000 second tranche of its financing will consist of up to 4,166,667 units, at a price of $0.12 per unit.

August 8, 2002 - VENDTEK COMPLETES FIRST TRANCHE OF THE PRIVATE PLACEMENT
Vancouver, B.C., August 8, 2002 - VendTek Systems Inc. (TSXVE: VSI) announces that it has closed a $500,000 first tranche of its non-brokered private placement of up to 10,000,000 common shares at a price of $0.10 per share (the "Offering").

July 22, 2002 - VENDTEK ARRANGING $1,000,000 PRIVATE PLACEMENT OF COMMON SHARES
Vancouver, B.C., July 22, 2002 - VendTek Systems Inc. (TSXVE: VSI) today announces that it intends to complete a financing to raise gross proceeds of up to $1,000,000 through the issuance of up to 10,000,000 common shares (the "Shares") at a price of $0.10 per Share (the "Offering").

June 28, 2002 - VENDTEK ANNOUNCES APPOINTMENT OF DIRECTOR AND DEPARTURE OF CFO
Vancouver, B.C., June 28, 2002 - VendTek Systems Inc. (TSX-Ven: VSI) announces the earlier appointment of E. Lynn Patterson to its Board of Directors and departure of David Clark, CFO.

June 27, 2002 - VENDTEK ANNOUNCES Q2 2002 FINANCIAL RESULTS
Vancouver, B.C., June 27, 2002 - VendTek Systems Inc. (TSX-Ven: VSI) today announces financial results for the six months ended April 30, 2002 (2002). Revenues are $760,000 in 2002 compared to $3,425,000 in 2001. Net loss for 2002 declined $139,000 to $476,000 or $0.05 loss per share, compared to net loss of $616,000 or $0.07 loss per share in 2001.

June 12, 2002 - VENDTEK RECEIVES PULL TAB MACHINE ORDER FROM BC LOTTERY CORPORATION
Vancouver, B.C., June 12, 2002 - VendTek Systems Inc. (TSX-VEN: VSI) announced today that it has received an order valued at approximately $280,000 from the British Columbia Lottery Corporation for Quick-Draw™ 2000 pull tab machines. Delivery is scheduled for September 2002.

June 10, 2002 - VENDTEK ANNOUNCES TRIAL FOR E-FRESH™ SYSTEM VALUED AT $150,000
Vancouver, B.C., June 10, 2002 - VendTek Systems Inc. (TSX-VEN: VSI) today announces that it has received an order for a trial of its e-Fresh™ system with a US customer. The order is valued at $150,000.

May 7, 2002 - VSI MERGER WITH CAPITAL POOL COMPANIES COMPLETED
Vancouver, B.C., May 7, 2002 - VendTek Systems Inc. (TSX-VEN: "VSI"), Syntegra Investment Corp. (TSX-VEN: "SYG"), Emercap Ventures Inc. (TSX-VEN: "ECV") and Chinacom Technologies Inc. (TSX-VEN: "CEB") are pleased to announce that their proposed business combination by way of Plan of Arrangement has been completed. As a result, the capital pool companies have been merged into VendTek.

April 29, 2002 - VENDTEK AND ROGERS AT&T; WIRELESS ANNOUNCE DISTRIBUTION AGREEMENT FOR PREPAID AIRTIME
Vancouver, B.C., April 29, 2002 - VendTek Systems Inc. (CDNX: VSI) today announced that it has entered into an agreement with RogersÔ AT&T;Ò Wireless for the electronic distribution of Rogers AT&T; Wireless prepaid "Pay as you Go" Airtime.

April 11, 2002 - CPC SHAREHOLDERS APPROVE AMALGAMATION TRANSACTION WITH VENDTEK
Vancouver, B.C., April 11, 2002 - VendTek Systems Inc. ("VSI") {"VendTek"}, Syntegra Investment Corp. ("SYG"), Emercap Ventures Inc. ("ECV") and Chinacom Technologies Inc. ("CEB"), announce an update on their proposed business combination as outlined in their news release dated November 19, 2001.

April 11, 2002 - VENDTEK ANNOUNCES DISTRIBUTION AGREEMENT FOR TELUS'S TALK & SURF™ PRODUCT
Vancouver, B.C., April 11, 2002 - VendTek Systems Inc. (VSI: CDNX) today announces that it has entered into an Agreement with TELUS Communications Inc., a subsidiary of TELUS Corporation (T: T; NYSE: TU), for the electronic distribution of TELUS's Talk & Surf™ product.

April 8, 2002 - VENDTEK ANNOUNCES DISTRIBUTION AGREEMENT FOR PREPAID ELECTRONIC PRODUCTS WITH TANGARINE CONCEPTS CORPORATION OF ONTARIO, CANADA
Vancouver, B.C., April 8, 2002 - VendTek Systems Inc. (VSI: CDNX) today announces that it has entered into a Distribution Agreement with Tangarine Concepts Corporation of St. Catherines, Ontario, Canada, for the distribution of prepaid electronic products and services through Tangarine's retail network of Point of Sale (POS) terminals.

March 28, 2002 - VENDTEK ANNOUNCES Q1 2002 FINANCIAL RESULTS
Vancouver, B.C., March 28, 2002 - VendTek Systems Inc. (VSI: CDNX) announces Q1 2002 revenues of $366,000 compared to $1,720,000 in Q1 2001. Net loss for Q1 2002 declined $60,000 to $227,000 or $0.02 loss per share, compared to net loss of $288,000 or $0.03 loss per share in Q1 2001.

March 20, 2002 - VENDTEK ANNOUNCES E-FRESH (YI TONG) PILOT IN WORLD'S LARGEST WIRELESS PHONE MARKET
Vancouver, B.C., March 20, 2002 - VendTek Systems Inc. (VSI: CDNX) today announces that it has launched a Pilot of e-Fresh™ self-serve kiosks for the distribution of prepaid wireless phone time in Beijing, China.

February 28, 2002 - VENDTEK ANNOUNCES 2001 YEAR END RESULTS
Vancouver, B.C., February 28, 2002 - VendTek Systems Inc. (VSI: CDNX) today announced its results for the year ended October 31, 2001.

February 14, 2002 - VENDTEK ANNOUNCES COMPLETION OF PREFERRED SHARES ACQUISITION
Vancouver, B.C., February 14, 2002 - VendTek Systems Inc. (VSI: CDNX) announces that effective January 29, 2002 it has completed the purchase of all the issued and outstanding preferred shares, together with all right, title and interest to unpaid past, present and future dividends thereon, of its wholly controlled subsidiary, now wholly owned subsidiary, VendTek Industries Inc., through the issuance of 992,425 common shares of the Company, at a fair value of $0.275 per share or $272,916 in total.

January 28, 2002 - VENDTEK ANNOUNCES MONEY TRANSFER PROJECT TRIAL FOR A MAJOR INTERNATIONAL FINANCIAL SERVICES GROUP
Vancouver, B.C., January 28, 2002 - VendTek Systems Inc. (VSI: CDNX) today announces that it has developed a trial of a self-serve, money transfer project, for a major international financial services group.

January 17, 2002 - UPDATE ON CPC ACQUISITIONS
Vancouver, B.C., January 17, 2002: VendTek Systems Inc. ("VSI") {"VendTek"}, and Syntegra Investment Corp. ("SYG"), Emercap Ventures Inc. ("ECV") and Chinacom Technolgies Inc. ("CEB"), the capital pool companies ("CPCs"), announce an update on their proposed business combination as outlined in their news release dated November 19, 2001.

January 16, 2002 - VENDTEK ANNOUCES APPOINTMENT OF DIRECTORS.
Vancouver, B.C., January 16, 2002 - VendTek Systems Inc. (VSI: CDNX) announces the appointment of two new directors to its Board.

January 4, 2002 - VENDTEK SYSTEMS ANNOUNCES DISTRIBUTION TECHNOLOGY RELATIONSHIP WITH BOSTON COMMUNICATIONS GROUP, INC
Vancouver, British Columbia, January 4, 2002 - VendTek Systems Inc. (CDNX: VSI) today announced it has entered into a distribution technology relationship with Boston Communications Group, Inc. (bcgi) a wireless industry leader in real-time transaction processing for delivering prepaid wireless, enhanced voice, mobile commerce and other billing and payment services.

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