Ottawa, Canada, May 2, 2008 - Precidia Technologies Inc., a global leader in the design and manufacture of Internet Protocol (IP) payment and networking software and devices, announced today that it has certified the POSLynx220™ payment router with National Bankcard Services (NBS), a leading provider of transaction processing solutions for petroleum/convenience store chains and national retailers. This certification allows payment transactions from Gilbarco fuel dispensers to be routed to the NBS host via broadband networks.

Ideal for remote fueling sites, this solution facilitates migration from a dial-based infrastructure to fast, cost effective transaction processing over broadband networks. The POSLynx220 features 2 serial and 2 dial ports, one of which can be used to connect Gilbarco Gasboy™ or GSite™ fuel dispensers to a broadband network, where transactions can be routed directly to the NBS host. Benefits of this solution for merchants include the cost savings of eliminating a dedicated dial line, as well as a dramatic reduction in transaction authorization times. Beyond these key advantages, the POSLynx220 can be leveraged to deliver additional value to unmanned remote fueling sites, using its multiple ports to link transactions to video surveillance systems, helping merchants to easily identify misuse of fuel cards.

"For our c-store/petroleum customers, the POSLynx220 is the ideal tool to connect and manage payment and other store equipment", said Rob Little of NBS. "The cost savings, reduced transaction times and ability to network multiple devices make the POSLynx220 a solid investment for these merchants".

"With its strong reputation in the convenience store/petroleum industry, certification by NBS is important for Precidia", said Deepak Wanner, President of Precidia Technologies. "NBS is well positioned to demonstrate to merchants how the POSLynx220 can improve their operations by networking existing equipment. The POSLynx220 can be used in a wide range of c-store applications, from networking Ruby™ terminals to monitoring fuel tanks, and our partners are key in bringing these solutions to the merchants that need them", 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