LAS VEGAS, April 18 /CNW/ - RDM Corporation (TSX: RC), a leading
developer of specialized software and hardware products for electronic payment
processing, announced today that ProfitStars, a division of Jack Henry &
Associates, Inc. (NASDAQ: JKHY), a leading provider of integrated technology
solutions and data processing services for financial institutions, will offer
its Back Office Conversion (BOC) solution on the newest innovation in
processing equipment, the RDM SYNERGY.
RDM SYNERGY with its integrated keypad, magstripe reader, thermal printer
and check imaging technology provides a versatile, all-in-one, compact payment
solution. ProfitStars will be utilizing RDM SYNERGY's cBridge application
providing a robust Back Office Conversion (BOC), Check 21, and Image Exchange
solution that will interface directly with ProfitStars' Enterprise Payments
"As one of the premier providers of remote deposit capture technology,
ProfitStars is excited to be the first to present this revolutionary solution.
The RDM SYNERGY powered by cBridge offers flexibility and convenience,
enabling merchants to easily electronify checks using our proven payment
platform," said David Foss, General Manager of ProfitStars. "RDM SYNERGY is
compatible with ProfitStars' Enterprise Payments Solution, which processes all
electronic payment transactions through a single system with a single point of
integration. ProfitStars is pleased to continue its industry leadership by
offering innovative solutions like this to meet the needs of customers of all
RDM SYNERGY boasts a wide variety of optional features, such as franking
acknowledgment and Optical Character Recognition MICR Assist. This is in
addition to its array of standard features which include the industry's
leading MICR read rate provided by RDM's proprietary single pass, progressive
MICR method. All of these benefits combined make the RDM SYNERGY one of the
most versatile products in the industry today. Powered by cBridge technology,
RDM SYNERGY provides a comprehensive payment application that can be easily
integrated to a wide variety of payment platforms.
"We are pleased to be teaming up with ProfitStars by facilitating the
offering of a powerful back office eCheck solution to the merchant community,"
said Tom Kettell, Vice President of Marketing for RDM Corporation. "The
introduction of NACHA's new Back Office Conversion (BOC) rule opens up a whole
new market for eCheck electronification in top tier merchants. The RDM SYNERGY
payment terminal, powered by RDM cBridge application technology, is just
another example of RDM's commitment to provide the most comprehensive payment
solutions to the market and bring maximum efficiencies and reduced costs to
top tier merchants."
ProfitStars is a leading provider of best-of-breed payment processing
services, including Remote Deposit Capture (Check 21 check imaging) and
Automated Clearing House (ACH) transactions. With a proven track record of
providing industry-leading technology, expertise and service, ProfitStars'
solutions ultimately improve the profitability and performance of businesses
and financial institutions.
ProfitStars, a division of Jack Henry & Associates (NASDAQ: JKHY),
provides best-of-breed solutions that improve the performance of financial
institutions of all asset sizes and charters, and diverse corporate entities.
These solutions facilitate revenue and growth, risk mitigation and control,
and cost control; and complement virtually any core information processing
platform. Additional information is available at www.manageforperformance.com
or by calling 877-827-7101.
About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc. is a leading provider of integrated
technology solutions and data processing services for financial institutions.
Jack Henry markets and supports its systems throughout the United States, and
has more than 8,700 customers nationwide. For additional information on Jack
Henry, visit the company's Web site at www.jackhenry.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 developer 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. RDM's Image & Transaction Management System (ITMS(R)) is
an industry leading e-check processing solution whereby transaction
information can be remotely captured and processed electronically from
distributed locations, freeing up significant customer float time and
significantly reducing costs associated with returned checks. For further
information, visit RDM's website at www.rdmcorp.com.
For further information:
For further information: Tom Kettell, Vice President, Marketing, RDM
Corporation, (952) 906-3996, (952) 516-5660 fax, firstname.lastname@example.org; James
Merwin, Chief Financial Officer, RDM Corporation, (519) 746-8483, (519)
746-3317 fax, email@example.com