WATERLOO, ON, May 9 /PRNewswire-FirstCall/ -- RDM Corporation (TSX: RC), a leading developer of specialized software and hardware products for electronic payment processing, announced today a Notice of Intention to make a Normal Course Issuer Bid (the "Bid") has been filed with and accepted by the Toronto Stock Exchange (the "TSX"). Pursuant to the Bid, RDM may purchase of up to 1,074,391 common shares, representing approximately 5 per cent of the issued and outstanding common shares as of May 1, 2008. The purchases may commence on May 13, 2008 and will terminate on May 12, 2009, or on such earlier date that RDM completes its permitted purchases pursuant to the Notice or provides notice of termination of the Bid. All purchases will be made through the facilities of the TSX at prevailing market prices in accordance with regulatory requirements. Subject to any block purchases made in accordance with TSX rules, RDM will be subject to a daily repurchase restriction of 8,168 common shares. RDM will cancel any common shares purchased pursuant to the normal course issuer bid.
RDM's Board of Directors believes the Company's common shares are currently an attractive investment and that normal course purchases at recent market prices represent an attractive investment and a desirable use of its available funds. As at May 1, 2008, the Company had 21,487,826 issued and outstanding common shares.
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 http://www.rdmcorp.com/.
RDM Corporation
CONTACT: Douglas Newman, President & CEO, RDM Corporation, (519) 746-8483, (519) 746-3317 fax, dnewman@rdmcorp.com; James Merwin, Chief Financial Officer, RDM Corporation, (519) 746-8483, (519) 746-3317 fax, jmerwin@rdmcorp.com
Many organizations make
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Corporate raider Carl
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Many organizations make
the faulty assumption
that SOA is a panacea
that can, and should be,
applied to every
situation. The reality is
that service orientation
is not the right answer
for every scenario. The
expense of service
orientation cannot always
be recouped and, in some
c 
The need for a way to
more effectively manage
and reduce the complexity
of end points has never
been greater. While
virtualization
technologies offer a
breakthrough approach to
reduce the complexities
of managing end points,
there are different ways
organizations are
leveraging t
Payless Car Rental has
launched an iPhone and
iPod Touch optimized
website. Payless Car
Rental is a car rental
agency that built a
customized version of its
website for the iPhone
and iPod Touch. The
homepage of Payless'
iPhone interface also
features a 'Call to Book'
button that
Corporate raider Carl
Icahn started his proxy
fight for control of
Yahoo this morning,
beginning with the
classic Icahn opening,
the letter of reproach to
the Yahoo board telling
them they have acted
'irrationally and lost
the faith of shareholders
and Microsoft.'
