Ottawa, Canada, May 29, 2007 - Precidia Technologies Inc., a global leader in the design and manufacture of Internet Protocol (IP) payment and networking devices, announced today that the iPocket232 has been selected by leading industrial data collection and management provider Hayton Systems. The solution provided by the iPocket232 tracks assets nation-wide for key customers including Verizon Communications. The iPocket232 works with Hayton System's complete handheld mobile scanning package, providing the reliable network connectivity required to transmit status data on company assets from any location nationwide, directly to corporate head office.

Hayton Systems customizes a Handheld Products (HHP) handheld computer with its software and a modem. Customers like Verizon depend on Hayton Systems' solution to track assets such as power supplies and circuit cards via transactions carried out on the HHP handheld device. With the iPocket232 embedded in the device, users have two options for mobile connectivity: internet and dial, depending on what type of service is available to them. These mobile transactions, which include installs, removals, modifications and movements between locations, are carried by the iPocket232 over an Ethernet network for real-time updates to a central office database.

"Incorporating the iPocket232 into our solution has added reliable incremental functionality for users", said Bruce Hayton, president of Hayton Systems. "Our customers want up to the minute data about their assets from thousands of locations nationwide. The ability to transmit this data to the corporate network means fewer dropped connections and no busy signals, enhancing the reliability of the solution for the customer", said Mr. Hayton.

Precidia president Deepak Wanner points to Hayton Systems as an example of using internet technology to improve customer solutions: "Hayton Systems has designed a mobile solution that is ideal for a wide range of industries, including industrial", said Mr. Wanner. "By integrating networking capability into this solution, customers have a greater range of options available to them with respect to the transmission of asset tracking data to a central office".

To learn more about the iPocket232, which can be purchased with NetVu™ for an additional level of remote management, visit www.precidia.com.

About Hayton Systems
Hayton Systems has provided high quality data collection and management applications and hardware to industrial environments since 1992. The allocation and assignment of tools to individuals, teams, work orders or projects can be accurately controlled with our Tool Tracking software. The management of assets such as furniture, equipment, and electronics, can be accomplished through the use of our Asset Tracking software. Find out more about our solutions at http://www.haytonsystems.com/.

About Precidia Technologies
Precidia Technologies 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 80 countries, Precidia’s unique product line of wired and wireless access devices and NetVu™ network configuration management seamlessly migrates stand-alone dial and serial equipment onto more sophisticated IP networks. For more information, visit Precidia on the Web at http://www.precidia.com.