Ottawa, Canada, January 7, 2009 - Precidia Technologies Inc., a global leader in the design and manufacture of Internet Protocol (IP) payment and networking products, announced today that Automatic Teller Machine (ATM) reseller and processor Cash Depot has certified the POSLynx220 with the ATMs it provides to customers in the convenience store industry and other retail sectors. The POSLynx220 payment router connects dial-based ATMs to Cash Depot's SSL gateway for processing over an IP network. This solution allows ATM operators to take advantage of the cost savings and efficiency of IP-based processing, without the cost of upgrading ATM equipment.

The POSLynx220 is ideal for convenience stores, and is certified with most of the transaction processors and equipment providers that supply this industry. What makes the POSLynx220 attractive to convenience stores is the ability to network multiple existing store devices with one device - all with automatic dial back-up in case of network failure. Stores can connect existing Ruby terminals, ATMs, surveillance cameras or tank monitors to a broadband IP network. In the case of ATMs and POS terminals, the POSLynx220 delivers faster transactions without the cost of a dedicated telephone line. In addition, the POSLynx220 is actively managed by the NetVu™ management server, which gives ISOs, dealers and help desks 24/7 remote access to the device for statistics and network status.

FKG Oil Company uses the POSLynx220 to connect Tidel ATMs in its MotoMart Convenience Stores to Cash Depot's SSL gateway. FKG Oil Company Systems Administrator Matt Mueller said: "By connecting ATMs in our stores to the broadband WAN, we can eliminate the monthly cost of a dedicated telephone line. With 74 stores, this will result in a significant cost savings for MotoMart. In addition, customers using the ATMs benefit from faster authorization times, enhancing the convenience of this option for our customers. The ability to remotely access device data using NetVu brings additional value, simplifying support".

Cash Depot's Director of IT says the POSLynx220 is ideal for ATM operators who wish to reduce their monthly costs. "Many convenience stores already have access to a broadband LAN/WAN, so networking the ATM eliminates the cost of a dedicated dial line", said Derald Groth. "The ability to network additional store devices and monitor them remotely 24/7 makes the POSLynx220 a cost-saving tool for merchants".

"The POSLynx220 brings value to both the ATM operator and the support organization", said Deepak Wanner. "Its versatility in connecting and monitoring a range of dial and serial-based equipment makes the POSLynx220 a valuable tool, particularly as merchants struggle through a difficult economic period", said Mr. Wanner.

For more information on Precidia's POSLynx220 and Convenience Store solutions, visit http://www.precidia.com/solutions/pc/

About Precidia Technologies
Precidia Technologies is a global leader in the design and manufacture of Internet Protocol (IP) payment and networking products. With customers in over 85 countries, Precidia offers unique products designed for simple serial networking, as well as a suite which manages the complexity of IP based payments in the retail industry. All of Precidia's products have been designed to maximize the potential of existing equipment, with deployment, monitoring, security and management tools. For more information, visit Precidia on the Web at http://www.precidia.com

About Cash Depot
Cash Depot distributes, installs, maintains and manages ATM machines along with transaction processing, at stand alone locations throughout the USA and is a master distributor for DIEBOLD. We are a Direct Processor with the PULSE network. For more information, visit Cash Depot on the web at www.cashdepotplus.com