RDM Corporation Announces Election of Directors

WATERLOO, ON, March 6, 2014 /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 and Special Meeting of Shareholders held on March 6, 2014 in Waterloo, Ontario. The director nominees, as listed in the Management Proxy Circular dated January 15, 2014, were elected as directors of the Company at the meeting. The votes submitted for each director were as follows:

Nominee		Votes For		% For		Votes Withheld		% Withheld
Jean Noelting Randy Fowlie Scott Pagan Ken Kivenko Keith Wettlaufer Joseph Lee Matheson		6,695,452 7,822,952 7,650,452 6,126,486 7,823,152 7,818,152		84.30% 99.99% 97.79% 78.31% 99.99% 99.03%		1,228,200 700 173,200 1,697,166 500 5,500		15.70% 0.01% 2.21% 21.29% 0.01% 0.07%

In addition, at the Meeting shareholders (i) re-approved the Company's stock option plan; (ii) ratified the adoption of the shareholder rights plan previously adopted by the Board of Directors; and (iii) confirmed the by-law amendments previously adopted by the Board of Directors.

The results of the other matters 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 (www.rdmcorp.com), is a leading provider of remote deposit capture (RDC) and complex desktop remittance processing solutions designed to help clients simplify the way they do business. Four of the top ten financial institutions in the United States use RDM's payment processing solutions. RDM processes over $600 billion in payments annually and helps corporations and financial institutions increase revenue, expand market share and improve customer service for over 30,000 end-users. RDM serves 32 percent of the top 100 Fortune 500 companies including brokerage firms, big box retailers, healthcare and insurance providers, and government entities.

For over 25 years, RDM has worked with clients to provide both software and hardware solutions including web-based and mobile RDC for large corporate clients and small businesses, transactional data management, and manufactures a wide range of digital imaging scanners. RDM was recently named to the Branham300 list, which highlights the top Canadian and multinational companies servicing the Information and Communication Technology (ICT) marketplace.

SOURCE: RDM Corporation

Contacts 

Randy Fowlie
President & CEO
RDM Corporation
[phone] x340
[email protected] 

Rui Malhinha
Chief Financial Officer
RDM Corporation
[phone] x284
[email protected]