Ottawa, Canada, November 18, 2009 - Precidia Technologies Inc., a global leader in the design and manufacture of Internet Protocol (IP) payment and networking products, announced today that Luihn Food Systems, a franchisee of Yum Brands Inc.(NYSE:YUM) with over 85 quick service restaurants, has selected Precidia's TransNet payment engine to integrate credit and debit card processing with PAR Exalt POS systems. This solution allows these restaurants to easily route debit and credit card transactions to any processor using existing systems, with full security, and a suite of management tools that help prevent theft and fraud.

With 85 locations in the Southeastern U.S., Luihn Food Systems operates restaurants with several popular QSR brands, including KFC, A&W, Pizza Hut, Taco Bell, and Long John Silver's. The company turned to Precidia for a payment solution that would integrate easily with their PAR Exalt POS system. Though the existing system performs reliably, it does not offer fully integrated debit and credit payments. In order to accept card payments, a stand-alone payment terminal is required, bringing extra equipment at the POS, training on multiple devices, and inefficient double entry. By deploying the TransNet payment engine software, PAR Exalt users like Luihn Food Systems can achieve fully integrated payments. Housed on the secure POSLynx220 payment router, the TransNet solution routes transactions via broadband IP to any certified processor. Transaction logs and statistics can be viewed by the restaurant operator from a standard web browser using MerchantVu, assisting with settlement and other administrative tasks.

TransNet offers the industry's most comprehensive approach to security and theft prevention. The NetVu management server features settings designed to prevent fraud and theft, including near real-time alerts for purchases and refunds over a certain dollar amount. To address cardholder data security, this PCI PA-DSS validated solution offers field-tested firewalling, SSL encryption and settings designed to assist merchants in achieving and maintaining PCI DSS compliance. The solution also boasts unparalleled reliability and flexibility, with automatic dial back-up, and the ability to route to multiple processors simultaneously

"Managing risk at multiple high-volume restaurant locations can be challenging for IT staff", said Lauren Bain, Director of Information Technology for Luihn Food Systems. "It was important to be able to monitor and manage transactions from a remote location, to prevent theft or fraud. With the MerchantVu store level management suite, we can now view transaction activity at each of our locations by lane or by date. We can also leverage NetVu to block certain card numbers or receive alerts of abnormal transaction activity", said Ms. Bain

Precidia President Deepak Wanner notes the range of management features available to franchisees and their customers using TransNet: "There are two levels of management and monitoring: NetVu for IT/Support staff, and MerchantVu for restaurant operators", said Mr. Wanner. "While NetVu offers network and device status, as well as fraud and theft prevention alerts for all locations, MerchantVu provides a store-level glimpse at transaction activity at each check-out. This assists store operators in tracking down transactions and gaining a better understanding of their business".

TransNet is used in a variety of retail payment applications, and integrates easily with ECRs, POS Systems, IP/Dial payment terminals, POS applications and e-commerce websites. For more information on Precidia's 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