Ontario – Ottawa – Kanata
Corporation
www.precidia.com
Ontario
Ottawa
Kanata
Corporation
active
Precidia Technologies, Inc. is a global leader in the design and manufacture of Internet Protocol (IP) payment and networking software and hardware for a wide range of industries, including retail and restaurants. 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. Precidia€™s IP payment solutions integrate transaction processing using existing point of sale devices, including credit/debit payment terminals, personal computer systems, ECRs, POS Systems, ATM and ruby terminals for the convenience stores/petroleum, grocery, hospitality, restaurant, and retail markets. The company operates through distributors as well as partnerships with service/software providers. Precidia Technologies, Inc. was founded in 1999 and is based in Ottawa, Canada.
Country of Ownership: Canada
Year Established: 1999
Exporting: Yes
Primary Industry (NAICS): 334110 - Computer and Peripheral Equipment Manufacturing
Alternate Industries (NAICS): 541510 - Computer Systems Design and Related Services
Primary Business Activity: Manufacturer / Processor / Producer
Number of Employees: 50
Services:
Netvu, Transnet
Products:
Ether232plus, Etherdial, Poslynx220, Ipocket232, Ether232duo
Technology:
Precidia's advanced IP technology seamlessly migrates retail
payment terminals and other equipment onto more sophisticated IP
networks. Precidia's unique product line consists of cost-
effective access devices, both wired and wireless, and chip
technology.
Sector:
Success Stories: Chapters, Canada€™s largest book retailer, was
looking for a cost-effective solution that would
allow them to lower communications costs. They
already used an IP network that offered a lower
rate than the existing Datapacâ„¢ network.
Precidia€™s POS positioned product - <b>the
Ether3201 </b>– met the exacting standards
expected by Chapters. The initial field trials
held during the busy holiday season proved the
solution was not only cost-effective, but simple
to install and easy to maintain. In January 2001,
Chapters announced the installation of Precidia€™s
devices in all 77 of their flagship stores.
Testimonial: "Precidia's solution has allowed Chapters to
realize substantial cost savings," said Tony
D'Alessandro, Director of Systems Development,
Chapters Inc. "By bringing our transactions onto
one IP network, we have eliminated the need for a
separate data line. The solution is transparent
to our existing network, and not only performed
smoothly in the first months after installation,
but continued to operate flawlessly in the peak
retail months of November and December."
Lax Leo
Mclauglin Robert
Stewart John
Wanner Deepak
Wudwud Pat
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