VendTek Systems Announces Distribution Agreement with Hasty Market Corporation
VendTek Systems Announces Distribution Agreement with Hasty Market Corporation
Vancouver, British Columbia CANADA, June 24, 2013 /FSC/ - VendTek Systems Inc. (VSI - TSX Venture), ("VendTek" or the "Company"), a global transaction processing company, is pleased to announce that it has signed a multi-year agreement with Ontario based Hasty Market Corporation ("Hasty Market") to provide its full suite of prepaid products: wireless, long distance, gift cards and financial products.
Hasty Market's customers will be able to purchase all of these products from any of the more than 200 locations throughout Ontario. 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.
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.
Steve Tennant Vice President and General Manager of Hasty Market said, "Hasty Market customers are looking for gift cards and phone cards every day in our stores. We are very happy with Now Prepay's service and to add Now Prepay products to meet our customers? needs."
"Hasty Markets have been a destination convenience store for decades. Each Hasty Market brings to its area a strong focus on customer service and a sense of community. Now Prepay's mix of products will help Hasty Markets serve their customers? needs even better. We're extremely happy that they've chosen us to supply this important category of product offerings. " said Doug Buchanan, President and CEO of VendTek
For more information please contact Samantha White at 604-805-4653 or 1-800-806-4958 or investment@vendteksystems.com.
About Hasty Market
Hasty Market (http://www.hastymarketcorp.com) is a successful chain of food stores with over 200 locations throughout Ontario, Canada. As a recognized company for variety, quality and convenience, we have been serving local communities with efficiency and effectiveness since 1981. With locations spanning across Ontario and stores ranging between 1500 to 5000 square feet, we are committed to serving each community with our many available products and services.
Hasty Market is a Canadian owned and operated corporation, with the head office situated in Oakville, Ontario. This central location enables us to contribute and be a part of the various communities as well as maintain a close relationship with the stores and their clients.
At Hasty Market, customer service and convenience is our top priority. It is essential for each of our stores to be community oriented, with the customer's interest in mind. With this initiative, the needs of the local customer are met with a unique combination of products and services at each individual store.
About VendTek
VendTek develops and licenses automated transaction system software and supporting technologies. VendTek's customers, subsidiaries and it?s Now Prepay division use e-Fresh(tm) software to build electronic, prepaid services networks that enable consumers to purchase prepaid products and services via POS and self-serve terminals connected to a central server. This system creates significant value through improved efficiencies compared to a traditional distribution model. E-Fresh(tm) reduces shrinkage and inventory requirements for vendors while improving consumer access to prepaid products and services by completely eliminating physical cards and vouchers. VendTek has deployed its software around the world including Canada, United States, Asia, the Middle East and Africa. 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.
To view the press release as a PDF file, please click on the following link:
http://www.usetdas.com/pr/vendtek06242013.pdf
Source: VendTek Systems Inc. (TSX-V VSI) www.vendteksys.com
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