Ottawa, Canada, December 16, 2008 - Precidia Technologies Inc., a global leader in the design and manufacture of Internet Protocol (IP) payment and networking products, announced today that Emerald Business Systems (EBS), a leading POS systems reseller, is leveraging the TransNet™ payment engine to solve the payment challenges of its retailer customers. With TransNet payment engine software, EBS customers can integrate secure payment functionality with a POS device, PC or application. TransNet has been designed as neutral middleware to meet the needs of any retail user. It works with almost any POS device or application, and can route transactions to any transaction processor.

Precidia delivers the industry's most secure, flexible and cost effective integrated payments model. Unlike competing solutions, TransNet can route transactions to multiple processors by card type or BIN range, with no extra costs or difficulty. In addition, TransNet offers management tools and capabilities not available with any other solution, including remote application updates and transaction logging. With transactions removed from the POS system and housed instead on the POSLynx220™ payment router, TransNet also offers the industry's most comprehensive approach to cardholder data security. TransNet can be integrated with an existing user interface for a familiar look and feel, or can operate with its own user-friendly Virtual Terminal (TransNet-VT).

"We have found the TransNet payment engine to be a versatile and cost effective payment solution", said Jim Janke of Emerald Business Systems. "We have a customer with several lanes using Toshiba cash registers, as well as a telephone ordering capability. With Precidia's help, we are able to implement fully integrated payments at a lower cost than competing options, by using just one POSLynx220 payment router for all lanes, with low cost serial adapters providing connectivity into the router. The customer is also using TransNet's Virtual Terminal (VT) capability on a PC, to facilitate secure, efficient telephone purchases. Precidia took the time to understand our customer's needs, and provided us with solutions that are cost effective, secure and easy to use".

Precidia President Deepak Wanner says that TransNet's versatility makes it an attractive option for retailers with multiple payment types and equipment. "This solution works with multiple devices and applications and can route to any processor's host. To make this even easier for merchants, we provide the tools to allow all of this to be managed remotely by the reseller or ISO. By putting control of the router in the hands of those closest to the merchant, the customer is better served, and the reseller or ISO can work with a wider selection of processors", said Mr. Wanner.

TransNet and POSLynx220 offer a range of additional features to the user, including simple integration of peripherals and automatic dial back-up. To learn more about TransNet and Precidia's other payment solutions, visit www.precidia.com/payments

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 Emerald Business Systems
Since 1974, Emerald Business Systems (EBS) has specialized in, and partnered with restaurant, retail, hotel and grocery operations to provide customizable point-of-sale solutions from industry leaders like MICROS, TEC and Sams4s. With our in-house service department and 24-hour a day/7-day a week on-call technicians, EBS is well prepared for the unique demands of these industries. Working from offices in both Eugene and Medford, we are able to serve our customers quickly, efficiently and effectively. For more information, visit Emerald on the web at http://www.ebs4pos.com