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VENDTEK SYSTEMS INC V.VSI

"VendTek Systems Inc develops, markets, and licenses automated transaction system software and supporting technologies. Its software product, eFresh provides electronic distribution infrastructure to service providers, retailers and retail distributors."


TSXV:VSI - Post by User

Bullboard Posts
Post by Gladys7on Apr 12, 2011 10:46am
266 Views
Post# 18418721

New COO

New COO
April 12, 2011
For Immediate Release
Contact:
Samantha White
swhite@vendteksystems.com

VENDTEK SYSTEMS ANNOUNCES HIRING OF NEW COO

VANCOUVER - April 12, 2011 - VendTek Systems Inc. (VSI - TSX Venture) (the "Company"), a developer and licensor of software for the global prepaid and financial services markets, is pleased to announce that the Company has appointed Mr. Francois Chevallier as its new Chief Operating Officer effective April 18th, 2011.


Prior to joining VendTek, Mr. Chevallier was the Vice-President of Service and Distribution Systems with Rogers Communications.He has experience in business development, strategic planning, integration of corporate acquisitions, IT management and marketing.

Mr. Chevallier spent ten years leading various marketing, strategy, operations and business development groups. Most notably, he started the Futureshop.ca and Rogersplus.ca websites, developed and led a Business Intelligence program, created and grew a photo finishing business and led the integration of companies acquired by Rogers.


Mr. Doug Buchanan, President and Chief Executive Officer of VendTek, says that in addition to Mr. Chevallier's experience, the Company was particularly impressed by his strong leadership skills, focus on accountability and common sense.


"After a thorough search process, we are excited to add Francois to our organization," continued Mr. Buchanan. "His experience in telecommunications - particularly wireless and business development means he understands our customers and the facets of our supply chain."

For more information please contact Samantha White at 604-805-4653 or 1-800-806-4958 or investment@vendteksystems.com.

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