The RDM QCX performs MICR and Image testing in a single device. Toronto Stock Exchange Symbol: RC WATERLOO, ON, Sept. 30, 2011 /PRNewswire/ - RDM Corporation (TSX: RC), the world leader in MICR and Image Quality Control testing, today introduced the RDM QCX system. The RDM QCX transforms check testing into a simple, one-click procedure that simultaneously analyzes MICR documents optically and magnetically, and performs image readiness tests on the front and back images of the check. The RDM QCX product improves productivity of the image testing process by combining a number of separate tests into one piece of hardware, reducing cycle time and increasing test accuracy. The RDM QCX offers comprehensive tools and reporting as well as extensive options that make document testing easy for the beginner, and detailed enough for an experienced professional. The QCX software, with enhanced hardware precision, leaves no room for subjectivity as it analyzes strictly according to the various country standards, ensuring that check printers and banks will get the same "pass or fail" results. Electronic Check Truncation and Check 21 require financial documents to be in compliance with the exact image readiness and MICR standards. The RDM QCX uses patent-pending technologies to perform MICR (E13B/CMC7) and Image testing in a single pass. "Tests that once took 15 to 20 minutes and numerous machines to perform, now take less than five minutes with just one device, the RDM QCX," said Mr. Bill Faulkner, MICR Sales Director at RDM. "With the push of a button, the RDM QCX conducts the complete test and generates detailed reports for all performed tests." 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 more information, visit RDM's website at www.rdmcorp.com SOURCE RDM Corporation
Shares of Radio Center Group (NYSE:RC) have taken a tremendous swing upward. The stock is trading at $10.89 as of 2:40 p.m. ET, 25.5% above Tuesday's closing price of $8.68. Volume is at 17,697, 22.1 times the daily average of 800.