Ottawa, Canada, April 29, 2008 - Precidia Technologies Inc., a global leader in the design and manufacture of Internet Protocol (IP) access products, announced today that Mitel is now offering Precidia products directly to all Mitel authorized resellers in the United States. These products, which include Precidia's popular serial IP adapters such as the iPocket232, Ether232Duo and Ether232Plus, easily and cost effectively integrate legacy and ethernet-based applications with Mitel's PBX systems.

As a long-standing Mitel partner, Precidia has been providing its popular Mitel-verified serial adapters to hundreds of PBX resellers via direct and channel sales. Precidia's serial IP adapters, which feature both serial RS232 and ethernet ports, are deployed with Mitel systems in two unique applications. For customers with IP-based PBX systems, the Precidia device can help integrate serial-based applications such as Property Management Systems (PMS) with the newer communications platforms. Those with legacy PBX systems can use a Precidia adapter to integrate newer ethernet-based applications, extending the functional life of Mitel PBX systems.

Precidia president Deepak Wanner believes this development will help resellers solve their PBX integration challenges more easily: "We have strong demand from U.S. Mitel resellers, and hope to grow into the European market with our RoHS compliant product line," said Mr. Wanner. "Our agreement with Mitel will help make this solution more easily available to their resellers."

For more information on Precidia's Mitel compatible products, visit www.precidia.com/partners/Mitel.html. To order the iPocket232, Ether232Duo or Ether232Plus from Mitel DataNet, contact datanet@mitel.com or 1-888-339-5263 #52211.

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