Ottawa, Canada, June 6, 2006 - Precidia Technologies Inc., a global leader in the design and manufacture of Internet Protocol (IP) access devices, announced today that it has been chosen by Netifice Communications Inc. to provide network connectivity to serial equipment as part of Shell Oil Products U.S. (NYSE:RDS.A, RDS.B) 'CoolBand' initiative. This innovative program consolidates a wide range of convenience store/petroleum equipment, from payment processing such as Ruby™ terminals, to tank monitors and video surveillance, onto a single broadband network infrastructure, replacing a VSAT connection.

Precidia's compact, plug and play iPocket232 connects existing serial devices to the Netifice broadband IP network via Ethernet. This customized iPocket232 works seamlessly on any broadband network. By connecting POS equipment to a broadband WAN, rather than VSAT, transaction authorization speeds are improved. Moreover, for many site operators the overall cost of networking can be reduced by implementing a single multi-application solution.

"Precidia's technology adds value to this project by giving store operators the ability to leverage their existing equipment, avoiding the replacement and retraining costs associated with other options", said Greg Davis, senior vice president, marketing and product management for Netifice. "For store operators that are looking to save money by combining numerous applications onto a single network, the iPocket232, used in conjunction with Netifice's broadband VPN service, is an ideal solution."

Precidia president Deepak Wanner believes this industry leading initiative gives Shell a unique competitive advantage. "CoolBand's complete, end-to-end managed solution delivers IP connectivity at a reasonable cost. We're pleased that the iPocket232 can play a significant role in this program, helping operators avoid equipment replacement and retraining costs throughout the transition to broadband", said Mr. Wanner.

Precidia is working with Netifice to offer this broadband connectivity option to operators of 10,000 retail site locations under both Shell and non-Shell banners. The iPocket232 was customized to the needs of Shell's operators, and selected by Netifice to meet Shell's high security and reliability standards. Convenience store and petroleum operators can learn more about the iPocket232 by visiting Precidia's website at www.precidia.com.

About Netifice Communications, Inc.
Netifice Communications is a global provider of flexible IP VPN solutions that enable businesses to lower costs, increase scalability and expand the deployment of enterprise applications and communication systems. Netifice customizes its clients' IP VPNs using the widest selection of access, security and communication options, combined with advanced systems for managing and monitoring their IP VPN. Customers can easily deploy expansive networks so that their corporate headquarters, regional offices, remote workers, and retail outlets can communicate with each other as if they were in the same location. Netifice is recognized by customers for delivering the highest quality service and support with industry-leading Service Level Agreements that guarantee site-to-site performance and reliability. For more information go to www.netifice.com or call 1-877-NETIFICE.

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.