Rand A Technology Corporation Announces New Date for Special Meeting of Shareholders to Approve Arrangement with Ampersand Ventures

    MISSISSAUGA, ON, Sept. 28 /CNW/ - Rand A Technology Corporation
(TSX:RND), operating as RAND Worldwide(R) ("Rand" or the "Company"), announced
today that the special meeting of Rand shareholders to approve its proposed
arrangement with certain funds managed by Ampersand Ventures will take place
on Tuesday, October 30, 2007.
    As previously announced, Rand has entered into a definitive agreement
pursuant to which certain funds managed by Ampersand Ventures will acquire,
through 2144258 Ontario Inc., all of the issued and outstanding common shares
of Rand for a cash purchase price of C$2.10 per common share, subject to,
among other things, approval by Rand shareholders. The special meeting had
initially been set for October 15, 2007. The Company has revised the meeting
date to allow sufficient time for the parties to prepare the meeting materials
to be sent to Rand shareholders and to satisfy certain closing conditions. The
change of meeting date will not materially impact the overall timeline for
closing of the transaction, which is expected to occur in early November 2007.
    The special meeting of Rand Shareholders will take place at 11:00 a.m.
(Toronto time) on Tuesday, October 30, 2007 at the Westin Harbour Castle, One
Harbour Square, Toronto, Ontario. The record date for the meeting has not
changed - Rand shareholders of record at the close of business on
September 14, 2007 will be entitled to attend and vote at the special meeting.
Rand expects that the management information circular and form of proxy in
connection with the proposed arrangement with Ampersand will be mailed to
shareholders in the first week of October 2007.


    RAND Worldwide is one of the world's leading providers of professional
services and technology to the engineering community; targeting organizations
in the manufacturing, building, infrastructure and media and entertainment
industries. RAND Worldwide enables its clients to improve their
competitiveness, productivity and profitability by enhancing key aspects of
their 3D Design, Data Management and Collaboration capabilities. With more
than 20 years of industry experience, RAND Worldwide delivers knowledge,
expertise and design processes to clients through proven technical support,
training and consulting services. RAND Worldwide employs 448 people in more
than 50 sales and client service centers. For more information please visit


    This news release may contain forward-looking statements based on
management's current projections, beliefs and opinions at the date of this
news release. The future results of the Company may differ materially from
those expressed in the forward-looking statements contained in this news
release due to risks and uncertainties including, but not limited to, Rand's
ability to close the transaction in the time period anticipated, if at all,
which is dependent upon the parties' ability to comply with the closing
conditions, some of which are beyond the control of Rand. Reference should
also be made to the Company's Management's Discussion and Analysis and Annual
Information Form and other continuous disclosure documents filed from time to
time with Canadian securities regulatory authorities, for a detailed
description of material factors and assumptions on these and other risks and
uncertainties which affect the Company's business and operations. Rand does
not undertake any responsibility to update or release any revisions to
forward-looking statements to reflect events, circumstances or the occurrence
of unanticipated events, or if management's projections, beliefs or opinions
change after the date of this press release.

For further information:

For further information: REGARDING THE ARRANGEMENT CONTACT: Peter Gimon,
Chief Financial Officer, RAND Worldwide, Tel: (905) 625-2000, Fax: (905)
625-8535; Dave Mason, Investor Relations, The Equicom Group Inc., Tel: (416)
815-0700 ext. 237

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