Ottawa, Canada, October 7th, 2002 - Precidia Technologies Inc. announced today the successful completion of an extensive pilot project with the National Oceanic and Atmospheric Administration (NOAA) utilizing Precidia's IP232 modem devices. The project, involving various sites in the North-Eastern U.S., is designed to collect temperature data in real-time. It is part of a U.S. Senate directive to improve the timeliness and accuracy of temperature forecasts.

Precidia's IP232 modem devices are connecting NOAA's existing weather sensor equipment to the Internet using dial-up Point-to-Point Protocol (PPP) connections. Data is then aggregated in a central location, enhancing weather forecasting. Using Precidia's IP232 modems, NOAA has decreased data collection intervals as well as the overall communications costs in collecting real-time data. Long distance charges have been eliminated and the host infrastructure simplified, since NOAA no longer has to maintain banks of modems.

This project involves five different NOAA laboratories including the Forecast Systems, Aeronomy and Environmental Technology Laboratories in Boulder, Colorado, the National Severe Storms Laboratory in Norman, Oklahoma and the Air Resources Laboratory in Research Triangle Park, NC. "The aim of the project was to seamlessly integrate our serial-based weather instruments onto an existing IP network. Accessing high-resolution weather data in real-time was of paramount concern," said Al Wissman, ASOS Maintenance Manager for the National Weather Service.

"By customizing our product to the needs of NOAA, Precidia was able to help this Federal department meet the challenges of conforming to the Senate directive. Until now, getting real-time data from remote sites in a cost effective manner was a cumbersome task. Costly network structures and limited capabilities of the equipment were a bottleneck, which the IP232 has removed", said Deepak Wanner, President of Precidia Technologies Inc. "It is a great opportunity for us to build awareness in the meteorological market working with a leading organization. Opening a path to collect better real-time data will allow forecasters to do their job better, and this will help us all."

More accurate temperature forecasts is an important planning element of the U.S. Weather Research Program (USWRP) as well as the North American Observing System (NAOS) programs. In the future, there are plans to use the IP232 in several other sites in the United States.

About National Oceanic and Atmospheric Administration (NOAA)
NOAA's National Weather Service is the primary source of weather data, forecasts and warnings for the United States and its territories. NWS operates the most advanced weather and flood warning and forecast system in the world, helping to protect lives and property and enhance the national economy. For more information, visit NOAA on the Web at http://www.nws.noaa.gov.

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.