First American Payment Systems Partners with RDM



    
    First American to Resell RDM's Suite of Remote Deposit Capture products

    Toronto Stock Exchange Symbol: RC
    

    WATERLOO, ON, Jan. 27 /CNW/ - RDM Corporation (TSX: RC), a leading
developer of specialized software and hardware products for electronic payment
processing and Remote Deposit Capture (RDC) solutions, announced today that
First American Payment Systems L.P. has agreed to sell RDM's suite of RDC
products including the ITMS Simply Deposit(TM) and WebClient products. First
American Payment Systems currently provides payment processing services to
over 100,000 merchants in the United States and is ranked as one of the
country's top privately-owned payment solution providers.
    Simply Deposit(TM) is an RDC solution designed specifically for small
business. It is easy to use, requiring little to no end user training. The
ITMS WebClient is a feature rich RDC solution that is ideal for corporate and
business environments that have many points of remote or distributed capture
locations, as well as those who have large central processing centers. The
Simply Deposit(TM) and the WebClient products save the end user the time and
transportation expenses associated with physically depositing checks at the
bank and provide faster availability of funds for the depositor. Both the
Simply Deposit(TM) and WebClient products are bank agnostic so that businesses
are not required to change their existing banking relationships.
    "We are very pleased to welcome First American as a reseller of the ITMS
suite of Remote Deposit Capture products," said Douglas Newman, President and
CEO of RDM Corporation. "The market opportunity for RDC solutions among small
to medium sized businesses remains largely untapped and we believe First
American Payment Systems is very well positioned to access this market
opportunity."
    "Introducing new and advanced products to better equip our sales agents
is imperative in the Electronic Payments Industry," said Neil L. Randel, Chief
Executive Officer and Chairman of the Board, First American Payment Systems.
"The newest addition to our full line of in-house products and services is
RDM's web-based Remote Deposit Capture system. RDM technology is another great
addition to First American, that we believe will add value for everyone."

    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 further information, visit RDM's
website at www.rdmcorp.com

    About First American

    First American Payment Systems, L.P. is a rapidly growing merchant
acquirer that provides comprehensive electronic transaction processing
services for more than 100,000 merchants throughout the United States. In
addition to credit, debit and EBT card processing, First American also offers
a complete line of proprietary products and services including Secur-Chex(R)
check services, FirstAdvantage(R) gift cards, FirstPay.Net(TM) e-commerce
solutions, FirstFund(R) ACH software, Govolution(R) government e-payments,
national ATM sales, and Merimac Capital(R) point-of-sale equipment and ATM
leasing. For more information, visit www.first-american.net.

    This news release contains forward-looking statements. Forward-looking
statements are based on estimates and assumptions made by RDM in light of its
experience and its perception of historical trends, current conditions and
expected future developments, as well as other factors that RDM believes are
appropriate in the circumstances. Many factors could cause RDM's actual
results, performance or achievements to differ materially from those expressed
or implied by forward-looking statements. Risk factors relating to RDM are
discussed in the Risks and Uncertainties section of RDM's Annual Information
Form and year-end Management's Discussion and Analysis. These factors should
be considered carefully, and readers should not place undue reliance on RDM's
forward-looking statements. RDM has no intention and undertakes no obligation
to update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.





For further information:

For further information: Douglas Newman, President and CEO, RDM
Corporation, (519) 746-8483 ext. 340 phone, (519) 746-3317 fax,
dnewman@rdmcorp.com; James Merwin, CFO, RDM Corporation, (519) 746-8483 ext.
284 phone, (519) 746-3317 fax, jmerwin@rdmcorp.com


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