Ottawa, Canada, July 16, 2003 - Precidia Technologies, the leader in IP enabling technologies, today announced that it has teamed with DSI (Dynamic Solutions International), a leading Value Added Reseller (VAR) that provides card issuance and storage management solutions to industries including financial payments. The alliance couples Precidia's Ether232 with DSI's industry leading CardWizard® system, that allows financial institutions and private label card issuers to produce personalized ATM, debit and credit cards on-the-spot.

Using the Ether232Plus™ Remote Access product, RS232-based CardWizard® instant card issuance and repinning devices are directly connected to a financial institution's Ethernet LAN, allowing branch staff to access the devices easily on the network.

"This solution has strengthened our offering to financial institutions and other card issuers", said Ron Zanotti, vice-president of sales and marketing for DSI. "Our customers appreciate the added flexibility, reliability and cost savings associated with network access to the instant card issuance devices, reducing the need for network connection via a PC."

Precidia president Deepak Wanner says the solution has even broader applications for any instant-issue card provider. "Card customization, a growing trend in bank, loyalty and gift cards, requires scaleable and robust solutions. By network enabling the CardWizard® devices, multiple users can quickly generate customer cards from their own workstations", said Mr. Wanner. "The Ether232 is the external networking adapter that makes this all possible, while offering the additional benefits of cost savings as well as unique management features like SNMP and remote configuration."

About DSI (Dynamic Solutions International)
Founded in 1973 and headquartered in Englewood, Colorado, DSI provides leading edge card issuance and storage management solutions. Providing complete card personalization, instant-issuance and PIN solutions to card issuers, including hardware and software, DSI features the unique CardWizard® application to financial and retail markets.

About Precidia Technologies
Precidia Technologies Inc. is a global leader in the design and manufacture of IP access devices for a wide range of industries, including retail payments and building automation. With customers in over 75 countries, Precidia's unique product line of wired and wireless access devices seamlessly migrate stand-alone serial and dial equipment onto more sophisticated IP networks. For more information, visit Precidia on the Web at http://www.precidia.com.