Ottawa, Canada, June 28, 2010 - Precidia Technologies Inc., a global leader in the design and manufacture of Internet Protocol (IP) payment and networking products, announced today that the TransNet payment engine application has been certified with Micro$ale POS, a simple, complete POS system for the food service industry. This certification offers users of the Micro$ale POS system an alternative to existing integrated payment options, one which features flexible processor choice, industry leading security and complete control of the payment function.

Operating on open touch screen terminals, Micro$ale POS is a full featured, yet simple POS system ideal for food service locations such as quick and full service restaurants, bars, and delis. The system delivers a wide range of features and tools, from forecasting to reservations to customizable menu programming. In order to process payments from credit, debit, gift and loyalty cards, Micro$ale must be teamed with an integrated payment application. The TransNet payment engine from Precidia Technologies meets this requirement with new features and benefits not available with competing solutions.

TransNet, which can be integrated easily with any POS application, uses a router-based model for industry-leading security and reliability. The application operates on Precidia's POSLynx220 payment router, which features SSL encryption, field tested firewalling and automatic dial back-up. The solution is PA-DSS validated, and assists the merchant in maintaining PCI compliance with default settings for passwords. The TransNet solution's flexibility, management and control features are also key to POS system developers and their customers. TransNet is pre-certified to major transaction processors, including gift and loyalty, making it easier for developers to offer flexible processor choice to their customers. Merchants can route transactions to the lowest cost processor, and can easily alter these settings as their preferences change. TransNet and POSLynx220 are actively managed by the NetVu management server, which monitors transaction activity and delivers features such as batch reports, network and suspicious transaction alerts, and transaction logs.

"We want our customers to have every option available to them when it comes to integrating payments with our system", said Ken Willis of Micro$ale POS. "TransNet is easily integrated with Micro$ale POS, and works reliably. From a developer's standpoint, TransNet relieves us of the burden of processor certifications, and PA-DSS validation hassles. From a merchant's perspective, the solution is seamless with the Micro$ale system, and affords them even greater flexibility in terms of processor choice".

Precidia President Deepak Wanner believes the solution's management server adds value for Dealers or Resellers of Micro$ale POS systems. "With NetVu, the merchant's support organization can view transaction and network data remotely 24/7, and even deploy the TransNet solution remotely. When coupled with pager, email or text message alerts for network failure or suspicious transactions, these management tools reduce the cost and resources required to support the merchant's transaction processing", said Mr. Wanner.

About Micro$ale
Micro$ale POS (www.microsale-pos.com) -- Micro$ale POS is the fastest growing restaurant POS software available on the market today. Micro$ale POS was founded in 1989 by restaurant owners for restaurant owners and with thousands of installations worldwide Micro$ale is a proven solution for any Table Service, Quick Service, Fast Casual and Pizza Service operation. Micro$ale POS is the most versatile solution available today. For more information, visit www.microsale-pos.com.

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