Ottawa, Canada, December 10, 2007 - Precidia Technologies Inc., a global leader in the design and manufacture of Internet Protocol (IP) payment and networking products, announced today its selection as one of the 2008 M2M 100, a directory of the most influential providers of machine-to-machine technology published by M2M Magazine. Now in its fourth year, the M2M 100 is widely regarded as the definitive record of companies comprising the rapidly emerging machine-to-machine technology market. Precidia is one of only 38 companies that have been selected every year the list has been published.

Technology providers named to the M2M 100 are chosen from a compilation of over 300 companies gathered from various sources. Examples of the criteria used to compare companies are strength of business model and product/service portfolio, momentum and activity in the last 12 months, growth potential, and much more.

Precidia's unique approach to the Payments market has earned the company its strong reputation within the industry. Responding to a changing compliance landscape, Precidia has developed products which deliver not only fast, cost effective transactions, but also unparalleled cardholder data security. In addition, Precidia continues to offer simple serial networking products to a range of users in over 200 unique applications. In both lines of business, the popular NetVu network management server is leveraged for easier deployment and enhanced device management.

"The 2008 M2M 100 directory provides a snapshot of a burgeoning market and identifies the companies with the greatest impact on its direction," said Michael Jarosik, editor, M2M magazine. "With newfound stability among technology providers, end-to-end solutions are becoming more easily attained and implemented, delivering dramatic return on investment to end users."

"As an early player in the M2M technology space, Precidia is continually pushing the envelope, innovating to spur trends in the industry", said Deepak Wanner, president of Precidia Technologies. "Today's M2M technology adopters are looking for more than simple connectivity, for tools that will facilitate simple management and deployment of their equipment. Precidia is leading the charge with innovative solutions like NetVu", said Mr. Wanner.

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.