Ottawa, Canada, January 20, 2009 - Precidia Technologies Inc., a global leader in the design and manufacture of Internet Protocol (IP) payment and networking products, announced today that Retail Data Systems (RDS), the largest provider of Point-of-Sale(POS) hardware and software in North America, has concluded an agreement with Precidia Technologies to offer the TransNet™ payment engine to RDS customers. This unique payment engine application leverages a payment router to deliver secure, flexible credit, debit, gift and loyalty payments to any certified payment processor, using any POS device or PC.

Retail Data Systems has already deployed the TransNet solution in several quick service restaurants (QSR) using existing NEC cash registers and POS systems. For these customers, TransNet delivers fast, cost effective and secure card payments to the processor of their choice. Housed on the secure, firewalled POSLynx220 payment router, TransNet is a payment application that handles transactions from card swipe to authorization by a processor. TransNet's unique features set this solution apart in today's payments industry. Unlike competing options, TransNet offers merchants and dealers the flexibility to route transactions to any processor, without any hidden fees or difficulty. In addition, its router-based design delivers a higher level of security than competing options, by safeguarding the payment application on a firewalled, SSL encrypted router rather than a vulnerable PC or POS device. Finally, this solution delivers management and monitoring tools that make 24/7 remote support of the merchant simple and cost effective, including network monitoring, transaction logs and reporting.

John Wilkerson of RDS Ohio Valley saw additional benefits in TransNet when he recommended it to customers: "What attracted me to the POSLynx220 and TransNet was the ease of configuration and the fact that it can also act as a firewall for the location, further protecting our systems", said Wilkerson. "Reliability is also key when addressing the QSR market. The POSLynx220 has automatic dial backup and will even notify someone if the unit goes offline due to network failure. Supportability is another critical benefit to this solution. The remote diagnostics are terrific and a platform change does not require a hardware exchange or onsite visit. In addition, the solution's web-based reporting has helped us troubleshoot a few issues that would have otherwise taken hours to figure out."

Precidia President Deepak Wanner agrees that Retail Data System's QSR customers are ideal for the TransNet solution, which integrates easily with both PC-based POS systems, and ECRs."The solution's reliability and security features deliver peace of mind when convenience is critical. TransNet is not only PA-DSS validated, but assists the merchant in maintaining PCI compliance with appropriate default settings. In addition, the ability to route to multiple processors of the operator's choice means they have more control of their costs", said Mr. Wanner.

TransNet is used in a variety of retail payment applications, and integrates easily with ECRs, PC Systems, IP/Dial payment terminals, POS applications and even e-commerce websites. For more information on Precidia's Payment solutions, visit www.precidia.com/payments.

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

About Retail Data Systems
Retail Data Systems is the largest provider of Point Of Sale Hardware and Software, in North America. Founded in 1950, RDS now operates over 25 offices serving customers across the nation providing complete Point Of Sale technology. Our team of over 400 professionals assure our customers of the best 24/7/365 service available. Our list of industry leading POS hardware and software products provide a variety of solutions for companies large and small. For more information, visit Retail Data Systems on the web at http://www.rdspos.com