VendTek Systems Inc. deploys 6,000 POS clients in Canada

Thursday 27 January 2005 15:03 CET | News

VendTek Systems Inc., a leading developer of software for the prepaid service distribution industry, has deployed 6,000 POS clients in Canada through its wholly owned subsidiary Now Prepay.

Paul Brock, President of VendTek said, “6,000 distribution points in Canada is a great achievement for Now Prepay and Now Prepay is continuously adding new terminals to the network. The growth of the Now Prepay business has resulted in VendTek achieving positive cash flow for its total operations. Our focus and growth in the marketplace is paying off and allowing us to support our business internally. We are continuing to pursue our goal of providing software under license to generate recurring revenues which will lead to a positive bottom line while concurrently building shareholder value as we continue expanding into foreign markets.”

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Categories: Payments & Commerce | Payments General
Countries: World
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