Ottawa, Canada, September 27, 2005 - Precidia Technologies, a leading provider of Internet Protocol (IP) access devices, today announced the launch of NetVu™, a network configuration manager that facilitates deployment and management of the POSLynx220™ multiport IP converter. Together, this IP conversion package connects existing dial and serial based point-of-sale (POS) devices to broadband networks for faster, more cost effective transactions in retail, from convenience stores to restaurants.

While the POSLynx220 provides broadband network connectivity to 4 dial or serial based point-of-sale (POS) devices, NetVu delivers a user friendly remote configuration, administration and diagnostics interface that promises installations in minutes.

Precidia recognizes that IP terminal installations are typically cumbersome and costly, requiring extensive network and equipment upgrades as well as technical expertise. The POSLynx220 with NetVu makes IP migration simple, with remote configuration, and no system upgrades required. NetVu also delivers diagnostic capabilities, quickly isolating the root of a problem, ensuring timely resolution and limited downtime for merchants.

Certified by major processors, the POSLynx220 with NetVu offers industry leading security and reliability, responding to the needs of both service providers and merchants. "Network configuration management capabilities strengthen the offering to merchants. The ability to trim deployment costs and time is critical to delivering a competitive IP migration strategy. This functionality will pave the road to IP for many merchants that were previously held back by the complexity and cost of deployment", said Jim Czekner, vice president, Information Technology for Transaction Payment Systems, a leading transaction processor.

Precidia president Deepak Wanner believes NetVu is helping to make IP less intimidating. "NetVu, when coupled with the POSLynx220, is the final step in making the transition to IP truly a winner for merchants. Now, deployment is simple, fast, and cost-efffective, while security and reliability are proven. In addition, merchants gain all of the benefits of IP, most importantly fast, low cost transactions."

For more information on the POSLynx220 and NetVu, visit http://www.precidia.com/products/netvu.html

About Precidia Technologies
Precidia Technologies Inc. is a global leader in the design and manufacture of IP access devices for a wide range of industries, including retail payments and building automation. With customers in over 75 countries, Precidia's unique product line of wired and wireless access devices seamlessly migrate stand-alone serial and dial equipment onto more sophisticated IP networks. For more information, visit Precidia on the Web at http://www.precidia.com.