VendTek Systems Announces Granting of Options
02 10월 2012 - 7:15AM
PR Newswire (Canada)
TSX Venture Exchange: VSI VANCOUVER, Oct. 3, 2012 /CNW/ - VendTek
Systems Inc. (the "Company"), a developer and licensor of software
for the global prepaid and financial services markets, today
announced that it has issued an aggregate of 1,950,000 options to
certain members of management pursuant to the Company's Incentive
Stock Option Plan, subject to approval of the TSX Venture Exchange.
Each option permits the holder to acquire a common share of the
Company for $0.10. One-quarter of the options granted to each
individual vest on each of June 30, 2013, December 31, 2013,
December 31, 2014 and December 31, 2015. The options expire
five years from the date of grant. About VendTek VendTek is
headquartered in Vancouver, British Columbia, Canada, and 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, its division, Now Prepay and its subsidiaries
are using e-Fresh™ software to build electronic, prepaid services
networks, which enable consumers to purchase prepaid services via
point-of-sale terminals (POS) and self-serve terminals connected to
a central e-Fresh™ server. This system creates significant value
through improved efficiencies compared to the traditional
distribution paradigm. e-Fresh™ reduces shrinkage and inventory
requirements while improving consumer access to prepaid services by
completely eliminating physical cards and vouchers. 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: For more information contact Samantha
White at 604-805-4653 or1-800-806-4958 or
investment@vendteksystems.com.
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