RDM 3Q/07

Ontario-based RDM Corporation posted revenues of $7.5 million in the three month period ended September 30th, an increase of 3.5% from the year ago quarter. Net earnings were $636,000 in the quarter, positively impacted by the recognition of $666,000 of federal investment tax credits as a reduction to R&D expense. Overall, total revenue for the past twelve months were $33.9 million, up 39% over the prior year. Annual gross profit hit $13.5 million, up from $10.0 million in 2006. RDM’s Electronic Payments Solutions, however, saw revenue plummet from $5.5 million in 2006 to $3.2 million in 2007. RDM provides software and hardware for electronic payment processing and provides banks and agencies with web-based image and transaction management services.
For complete details on RDM’s latest results visit CardData (www.carddata.com).

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Cash Systems’ JV Introduces powercash

Cash Systems has implemented “powercash” at Fantasy Springs Resort Casino, a first product of the Company’s joint venture with Bally Technologies and Scotch Twist. Casino patrons enroll in the casino player’s club program with the Company’s cashclub functionality and access funds from their desired credit, debit or checking accounts while sitting at the gaming device. Players will be able to request funds from the designated financial account, transfer those funds into their player’s club account and then transfer down to the gaming device the amount of money that they want to use. Cash Systems is a provider of cash-access and related services to the retail and gaming industries.

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Cyber Monday Online Spending to Top $700MM

Today is projected to be the heaviest online spending day on record with sales expected to top $700 million. Top retailers have plugged into the action by running special promotions such as Wal-Mart’s “Cyber Week” and Macy’s “web-busters.” comScore says e-commerce spending on “Thanksgiving Day” rose 29% to $272 million and “Black Friday” increased 22% to $531 million. The digital measurement service predicts “Cyber Monday” e-shopping this year will jump 16% from $608 million in 2006. comScore says more than $9.3 billion has been spent online during the season-to-date, 17% gain over last year. Meanwhile, Macy’s “web-busters” promotion is today offering free shipping on orders of $75 or more. The retailer is also featuring one-day-only “web-busters” plus nearly 80 other handpicked specials in all merchandise categories. Walmart today kicks-off “Cyber Monday” with five days of online specials offering significant savings. The giant retailer has nearly tripled the number of online specials this year since last year and is introducing a “daily featured item” each day this week. According to Forrester Research, online payments are predicted to top $33 billion this season, a 21% increase over the holidays in 2006. According to a Shop.org survey, conducted this weekend by BIGresearch, 72.0 million consumers plan to shop online from home or at work tomorrow, up from 60.7 million in 2006 and 59.0 million in 2005.

HOLIDAY E-SALES
2006 2007
Thanksgiving Day $210MM $272MM
Black Friday $430MM $531MM
Cyber Monday $608MM $701MM
Source: comScore

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Chevron Gift Card Offers a Marine Promotion

Chevron Global Marketing has rolled out a holiday gift card incentive for customers purchasing a $50 Chevron gift card. With this purchase, the customer is given the option to choose one of three toy cars among The Chevron Cars Family to donate to the U.S. Marine Corps Reserve Toys for Tots Program. The toy cars will be donated to disadvantaged children this year as part of the annual tradition.

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70% of Consumers Prefer Restaurant Gift Cards

Pizza Hut has released the results of a national online survey it commissioned that shows 70% of consumers rated restaurants as the top place they prefer to receive gift cards. This choice rated higher than department stores (59%), clothing stores (49%) and electronic stores (38%). The survey also indicated that 72 % of consumers view gift cards are as convenient. Easy (65%), practical (64%) and useful (63%) also ranked high as attributes of gift cards. For casual dining restaurants, consumers want to receive an average of nearly $40 on a gift card. Consumers responded that the top amounts to receive on a casual dining gift card included $21-25 (36%) and $41-50 (33%) while 95% of consumers said that gift cards are good gifts for any occasion.

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Target Launches a Short-Term REDcard Promo

Target has launched a holiday promotion for users of its “REDcard.” The “Wow or Never” program features 20 exclusive gifts, plus Target cardholders will have the chance to win prizes associated with each gift, ranging from an African safari to a new Maserati. For example, an “Authentic Autographed NASCAR Collage” for $129 is available with a prize to win of a trip for two to the big race in Daytona. The prize includes trackside seats in the owner’s pit box, a “Garage Tour” on “Nextel Cup Race” day and two customized Target pit-crew fire suits. Cardholders will automatically be entered to win prizes when they purchase one of the exclusive qualifying products. Qualifying items will only be available in Target stores through December 1st and only while supplies last.

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CPNI & PROSA

CPNI Inc and PROSA electronic transaction provider have signed
agreements to provide Mexican financial organizations with payment
processing solutions. The processing solution will be implemented for
CPNI’s “Phone Authorized Transfer” (PAT) mobile payment, which
allows users to conduct payments, transfers and access to bank accounts
via their mobile phone. Furthermore, “PAT” provides payment message
routing allowing remote payments and transfers to both companies and
individuals. The “PAT” solution is composed of “PATsend”, allowing
money transfers to individuals, “PATbuy”, allowing retail transactions with
participating merchants, and “PATbank”, making available various banking
services through the mobile phone. For these transactions, customers need to
provide the recipient or merchant phone number, the account number to
which the funds are to be transferred and the transaction amount. PROSA
processes over 1.3 billion electronic transactions per year throughout
Latin America while Canadian-based CPNI provides banks with secure mobile
payment solutions around the world.

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Burger King Launches a Prepaid Card Promo

Burger King has launched the “Fill Every Appetite on Your List” promotion for its “BK Crown Card” offering consumers the opportunity to win American Express-branded prepaid cards worth $50,000 or a year of free air travel courtesy of Orbitz awarded as $10,000 worth of airfare. “BK Crown Cards” can be loaded with $5 to $100 and then reloaded and reused. The cards can be purchased and reloaded at participating BURGER KING restaurants and online at www.bkcrowncard.com. A total of five American Express branded prepaid cards worth $50,000 and 30 travel awards from Orbitz will be given away during the “Fill Every Appetite on Your List” promotion. “BK Crown Cards” are also available for purchase in select retailers through a distribution agreement with InComm, including CVS, Office Depot, and Schnucks Markets. However, the “Holiday BK Crown Card Game” is only available with cards purchased at participating BURGER KING restaurants.

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FIRST DATA & TIM HORTON’S

For its prepaid cash card, “Quickpay Tim Card”, Tim Horton’s has
partnered with First Data to conduct transaction processing and card
production. The solution offers connectivity through First Data’s
“Datawire” transport network to provide point-of-sale using Internet
connections. First Data has operations in 38 countries, serving over
5 million merchant locations, 1,900 card issuers and offers debit
acceptance at 2.1 million ATMs and retail POS. First Data’s
“Datawire” Network has transported billions of transactions through
nearly 100,000 locations while Tim Hortons has 3,110 restaurants
throughout the United States and Canada.

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Trustcash Integrates with Castle Comm

Internet payment system provider Trustcash Holdings has integrated with Castle Communications. Castle develops interactive web based applications designed to build traffic, increase webmaster productivity and automate routine webmaster tasks. Their flagship product “Partnersoft” is an affiliate tracking software packages on the market. Trustcash has developed a business based on the sale of a stored value card (both virtual and physical) that can be used by consumers to make secure and anonymous purchases on the internet without disclosing their credit card or personal information.

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TUXEDO & MONTISE

Tuxedo Money Solutions and Montise have partnered to provide Tuxedo
“eccount” customers with a management solution through their mobile
phones. This development extends account management service to those
without internet connections to ensure funds available in response to the
recent growth in mobile financial services. The solution provides mobile
money management from wherever the customer is using their phone,
which appeals to all customer demographics. Tuxedo Prepaid provides
25 million merchants with payment capabilities plus service at over 1.3
million ATM’s. The company’s “eccount Cards” is available in over
35,000 locations throughout the country.

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