RDM announces industry's first low cost check scanner that includes an integrated receipt printer & magnetic stripe reader

    Toronto Stock Exchange Symbol: RC

    WATERLOO, ON, April 21 /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 the
release of its new EC7500i(TM) series which features the industry's first low
cost check scanner with an integrated receipt printer with magstripe.
    "RDM continues to demonstrate product leadership with the release of a
new variant of our successful EC7000i(R) series scanner," said Douglas Newman,
President & CEO of RDM Corporation. "The new EC7500i series will include
virtually all of the functionality currently available in the EC7000i(R), such
as a franking acknowledgment printer facilitating the requirements for risk
mitigation which is fundamental to FFIEC compliance. An optimized design will
enable RDM to offer the EC7500i at an even more competitive price point than
previous scanner models."
    The EC7500i series is the perfect choice for both PC-based remote deposit
capture and retail POS applications seeking to take advantage of a low cost
and highly configurable check scanner. With options such as magstripe and a
new integrated receipt printer, both remote deposit capture and retail POS
solutions will be able to benefit from the small footprint which saves
valuable real estate on the merchant countertop, saves the merchant money by
reducing the need for an extra receipt printer and is easy for the merchant to
install due to its simplified connectivity.
    The EC7500i series of check scanners features a standard USB port for
flexible connection to PC-based applications, in addition to a wide variety of
optional features, such as configurable options for check defacement, double
or single sided imaging as well as magstripe and receipt printer. The EC7500i
series utilizes RDM's proprietary Progressive MICR Method, delivering the
industry's highest MICR read accuracy, which results in lower administrative
returns due to MICR misreads and rejects.

    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
and. 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.

For further information:

For further information: Douglas Newman, President and CEO, RDM
Corporation, (519) 746-8483 x340 Phone, (519) 746-3317 fax,
dnewman@rdmcorp.com; James Merwin, CFO, RDM Corporation, (519) 746-8483 x284
Phone, (519) 746-3317 fax, jmerwin@rdmcorp.com

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