Ottawa, Canada, October 24, 2000 - Precidia President Deepak Wanner will present an investment profile to venture capitalists at the 4th Annual Ottawa Venture Capital Fair on Thursday, October 26th, at 2:00 ET at the Chateau Laurier in Ottawa. The presentation will provide potential investors with a summary of Precidia's unique value proposition and development strategy.

About Ottawa Economic Development Corporation
The Ottawa Economic Development Corporation is pleased to bring you the 4th Annual Ottawa Venture Capital Fair. The Ottawa Venture Capital Fair is an excellent opportunity to discover some of the potentially explosive growth firms on the rise in Ottawa. The fair will feature concise investment presentations from the CEO's of approximately 25 investor-ready advanced technology companies with opportunities for networking with the companies, Canadian Venture Capitalists and other industry participants.

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.