RDM Corporation Announces Election of Directors

WATERLOO, ON, March 4, 2016 /CNW/ - RDM Corporation (TSX:RC), a leading provider of specialized software and hardware products for electronic payment processing, today announced the voting results for the election of its Board of Directors at the Annual General Meeting of Shareholders held on March 3, 2016 in Waterloo, Ontario. The director nominees, as listed in the Management Proxy Circular dated January 18, 2016, were elected as directors of the Company at the meeting. The proxy votes submitted for each director were as follows:

Nominee

Votes For

% For

Votes Withheld

% Withheld

Jean Noelting

6,346,504

77.0%

1,896,501

23.0%

Henry N. Dreifus

6,417,609

77.9%

1,825,396

22.1%

Brad Favreau

8,126,909

98.6%

116,096

1.4%

Randy Fowlie

8,176,104

99.2%

66,901

0.8%

Joseph Lee Matheson

8,139,704

98.7%

103,301

1.2%

Scott Pagan

6,984,004

84.7%

1,259,001

15.3%

David J. Roberts

8,170,109

99.1%

72,896

0.8%

Keith Wettlaufer

7,550,604

91.6%

692,401

8.4%

The results of the other matter considered at the meeting are reported in the Report of Voting Results, which will be filed on SEDAR (www.sedar.com).

About RDM Corporation

RDM Corporation provides large financial institutions with Remote Deposit Capture (RDC) solutions designed to help their clients simplify the way they do business. RDM processes over $600 billion in payments annually and helps financial institutions increase revenue, expand market share and improve customer service for over 80,000 end users.

Four of the top ten financial institutions in the United States use RDM's payment processing solutions. RDM serves 31 percent of the top 100 Fortune 500 companies including brokerage firms, big-box retailers, healthcare and insurance providers, and government entities. Working with clients for over 25 years, RDM provides both software and hardware solutions including web-based and mobile RDC, and manufactures a wide range of digital imaging scanners. For more information, visit www.rdmcorp.com.

SOURCE RDM Corporation

For further information: Randy Fowlie, President & CEO, RDM Corporation, (519) 746-8483 x340, rfowlie@rdmcorp.com; Rui Malhinha, Chief Financial Officer, RDM Corporation, (519) 746-8483 x284, rmalhinha@rdmcorp.com


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