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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

Post by trytomakeabuckon Jul 17, 2013 9:36am
304 Views
Post# 21612421

VendTek to Provide Kitchen Food Fair with Now Prepay

VendTek to Provide Kitchen Food Fair with Now Prepay

2013-07-17 09:53 AT - News Release

 

Mr. Doug Buchanan reports

VENDTEK SYSTEMS ANNOUNCES DISTRIBUTION AGREEMENT WITH KITCHEN FOOD FAIR

VendTek Systems Inc. has signed a multiyear agreement with Kitchen Food Fair of Ontario to provide its Now Prepay full suite of products: wireless, long-distance, gift cards and financial products.

Now Prepay's telecom products include prepaid wireless for all of the major carriers and a selection of regional carriers. Now Prepay will also provide gift cards, financial gift cards, and other prepaid financial products that can be activated on site. Gift Cards and Financial Gift Cards are some of the fastest growing prepaid categories, as consumers no longer have to shop in multiple stores for the perfect gift.

Kitchen Food Fair is one of the fastest growing franchise companies in Canada and it has 69 stores throughout the Greater Toronto Area and other parts of Ontario.

VendTek offers all of the retailers support with implementing the suite of products and ongoing support at their individual store as well as head office and this is one of the many reasons that VendTek has differentiated itself from other companies.

Solomon Kim, founder and President of Kitchen Food Fair said, "I believe our relationship with VendTek will be mutually beneficial to both our firms going forward. Their services coupled with our presence will help both our companies as well as our loyal customers."

"We are proud to be working with Kitchen Food Fair. They have been growing successfully by offering their customers convenience, quality, and an ideal mix of products and services. We believe we are an excellent fit for them. Our product category will help them provide important services to their customers", said Doug Buchanan, President and CEO of VendTek.

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