Precidia: New TransNet Version Expands POS System Support and Achieves PA-DSS

Version 2.11 supports more POS systems, achieves early PA-DSS
validation and introduces e-commerce capability.

Ottawa, Canada, June 17, 2009 - Precidia Technologies Inc., a global
leader in the design and manufacture of Internet Protocol (IP) payment
and networking products, announced today that Version 2.11 of its
TransNet payment engine software on the POSLynx220 has been released.
This latest version expands support for the hospitality industry's
most popular POS systems, and is among the first such applications to
receive PA-DSS (Payment Application Data Security Standards)
validation. In addition, version 2.11 introduces TransNet's e-commerce
capability, which allows businesses to avoid gateway fees and meet
security mandates when accepting transactions online.

TransNet is payment engine software that resides on a secure router or
terminal. Integrating easily with any ECR, POS System, PC, payment
terminal or application, TransNet is a full featured payment
application that easily and cost effectively routes credit, debit,
gift or loyalty transactions to any processor. TransNet also features
the industry's most comprehensive approach to cardholder data
security, with its secure POSLynx220 hardware platform acting as a
'fortress' for cardholder data. The POSLynx220 features SSL encryption
and field tested firewalling. Version 2.11 of TransNet on the
POSLynx220 has received PA-DSS validation from the PCI Council, making
it among the first such applications to be validated as meeting these
stringent cardholder data security standards.

This latest version of the TransNet solution is the most comprehensive
to date, with support for multiple POS systems, including Maitre'D and
PixelPoint, ECR models from Sharp and TEC, as well as open source POS
systems such as OpenBravo. It also includes a growing list of
pre-certified transaction processors, including gift and loyalty.
Developers can look to this version of TransNet to integrate payment
functionality with an application or website, helping them to simplify
or avoid cardholder data security compliance requirements and
processor certifications. TransNet's new e-commerce functionality
allows businesses to eliminate costly gateway fees and meet the
necessary cardholder data security compliance requirements for
businesses accepting transactions online.

"TransNet is gaining traction in the payment industry, leading to more
certifications and support for processors, equipment and
applications", said Deepak Wanner, President of Precidia Technologies
Inc. "TransNet is increasingly being viewed as the industry's best
integrated payments alternative, and this latest version offers all
the features and functionality of previous versions, while including a
new e-commerce capability that developers can take advantage of".

TransNet is used in a variety of retail payment applications, and
integrates easily with ECRs, PC Systems, IP/Dial payment terminals,
POS applications and 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

Media Contact
Precidia Technologies
Tracy King
Marketing Communications Manager
tking@precidia.com

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