RDM Corporation and BLM Technologies Announce Master Value Added Reseller Relationship

Oct 18, 2010, 08:00 ET from RDM Corporation

Toronto Stock Exchange Symbol: RC

WATERLOO, ON, Oct. 18 /PRNewswire/ - RDM Corporation (TSX: RC), a leading developer of specialized software and hardware products for electronic payment processing announced today that BLM Technologies, a leading provider of innovative and cost effective solutions for financial institutions, has signed an agreement with RDM to become a Master Value Added Reseller authorized to sell the RDM Connect™ auto feed multi feature Remote Deposit Capture check scanner.

"RDM and BLM Technologies are both pioneers in our respective fields of remote deposit capture solutions and value added services and share many mutually satisfied customers," said Doug Fisher, Vice President of Sales of RDM. "By signing this strategic agreement, RDM and BLM are able to offer our customers the RDM Connect™ scanner, a product that has been proven to exceed the needs of our customers combined with valued added services and fulfillment programs that financial institutions are demanding."

"Providing leading edge products and services is paramount to the continued success of our business," said Ron Meinhardt, President of BLM. "We are pleased to be able to partner with RDM in the rollout and distribution of what we perceive to be a market leading technology solution regarding check image capture."

RDM Connect is an affordable compact check scanner that offers all of the features and sophistication of an expensive large batch check scanner. Its feature-rich design enhances workflow by offering functionality that supports the processing of single documents, or several documents. With its duplex imaging features for both identification cards, such as a driver's license, and paper documents combined with E13b MICR, OCR reading, physical endorsement and franking acknowledgement printers, RDM Connect is ideally suited to support remote deposit capture, branch capture, walk-in bill payment and check cashing solutions.

RDM Connect's flexible feature set offers financial institutions and independent software vendors the ability to provide their customers with products and solutions that will improve their customers' daily productivity, reduce risk and help assure compliance with the FFIEC guidelines.  The auto feed functionality combined with the ability to accept single or multiple documents will save customers money because no firmware or component upgrades are required.

About BLM Technologies
BLM Technologies has been a leading provider of end-to-end branch technology solutions for financial institutions for more than 25 years. As one of the largest distributors of banking equipment in the United States, BLM is an independent resource offering unbiased analysis of hardware and service options. Our customers in financial institutions rely on us to provide them with the comprehensive information needed to make informed decisions about technology investments. BLM offers comprehensive, customized, and scalable solutions to support your banking and technology management objectives. For more information, visit www.blmtechnologies.com.

About RDM Corporation
RDM Corporation is headquartered in Waterloo, Ontario and trades on the Toronto Stock Exchange under the symbol RC. RDM is a leading provider of specialized software and hardware products for electronic payment processing. RDM has pioneered electronic check conversion systems and web based image and transaction management services for banks, retailers, payment processors and government agencies as well as print quality control and image quality systems for a variety of global customers. For more information, visit RDM's website at href="http://www.rdmcorp.com/">www.RDMCorp.com

SOURCE RDM Corporation