[an error occurred while processing this directive]Precidia Technologies teams up with Cisco Systems Canada 

Joint marketing relationship to combine strengths for IP based offering to Canadian retailers

Ottawa, Canada, August 8, 2001 - Precidia Technologies Inc. announced today a business relationship with Cisco Systems Canada to market solutions to help Canadian retailers reduce networking costs and increase the functionality of their existing Point of Sale (POS) equipment.

The solution combines the strength of Cisco's network router technology with Precidia's access devices targeted to the retail payments industry. By coupling products from both companies, merchants may recognize savings in their current communications costs, while harnessing the benefits of new and exciting services for customer retention and loyalty.

For more information, visit Precidia on the Web at http://www.precidia.com

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