Ottawa, Canada, May 10, 2011 - Precidia Technologies Inc., a global leader in the design and manufacture of Internet Protocol (IP) payment and networking products, announced today that it has provided a serial connectivity solution for energy management to Thomas Jefferson University and Hospital (Jefferson), an academic health center located in Philadelphia. The university has connected over 55 serial-based dataloggers, communicating with more than 360 meters throughout its campus to an Ethernet network using Precidia's serial networking adapters. This solution allows staff to monitor and manage energy usage in real-time from a network PC.

Jefferson spans 10 million square feet of property, including several hospitals and various university facilities. Managing energy usage in such a facility can be daunting, particularly when the dataloggers and recorders that record energy usage are serial based devices. These devices, while reliable, cannot be accessed from any network, making them difficult to manage remotely. Precidia's serial networking devices are designed to solve this problem. These adapters feature an Ethernet interface, as well as one or two RS232 ports, allowing RS232 based dataloggers to easily connect to the University's existing LAN.

"The Precidia solution has allowed us to more effectively manage and monitor the dataloggers that record metering data throughout our campus", said Randolph Haines, Energy Manager at Thomas Jefferson University. "Not only can we view meter data from any network PC, but the data is presented in real-time, ensuring we can pinpoint system problems and respond quickly. The solution was easy to implement and has resulted in optimal energy usage for the University".

"Precidia's serial networking adapters provide a low cost energy management solution that delivers cost savings, while reducing the footprint of large facilities such as universities and hospitals", said Deepak Wanner. "We're pleased to see organizations like Thomas Jefferson University take a leadership role in energy conservation using our solution".

To learn more about Precidia's serial networking adapters for energy management and other applications, visit www.precidia.com/serial_connect/

About Thomas Jefferson University
Thomas Jefferson University, an academic health center, was founded as Jefferson Medical College in 1824. Jefferson Medical College has awarded more than 26,000 medical degrees and has more living graduates than any other medical school in the nation. Thomas Jefferson University and Thomas Jefferson University Hospitals are partners in providing excellent clinical and compassionate care for our patients in the Philadelphia region, educating the health professionals of tomorrow in a variety of disciplines and discovering new knowledge that will define the future of clinical care. Visit Thomas Jefferson University on the web at http://www.jefferson.edu

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