RDM Corporation Reports Earnings

RDM’s latest quarter reflects total revenues of $7.9 million,
an increase of 34% from the same quarter of 2006. Also, the company’s
Digital Imaging segment grew by $2.7 million to $6.5 million of revenues,
transaction volumes for the Image & Transaction Management System
averaged 1,271,000 items per week compared to 618,000 per week in
Q206, and net earnings were $587,000 or $0.03 per share, compared to
$0.01 per share last Q2. RDM’s Operating activities generated $1.3
million of the cash flow in the quarter, compared to $1.8 million in Q2
2006. Cash increased $1.1 million during the quarter to $10.1 million.

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NCR’s Q1 ATM-Related Business Rises 20%

NCR reported that first quarter revenue for its ATM business was $312 million, a 20% gain compared to one-year ago. The ATM segment was driven by strong revenue growth in Europe and Asia which outpaced a revenue decline in the Americas region and led to the year-over-year revenue increase. ATM operating income of $28 million improved from $13 million reported in the first quarter of 2006. Higher revenue significantly outpaced the cost of operating two manufacturing facilities in Europe as NCR initiated its manufacturing realignment in the first quarter of 2007. In January, NCR announced its intention to separate into two independent, publicly traded companies through the spin off of the company’s Teradata Data Warehousing business to NCR’s shareholders. NCR incurred approximately $46 million of costs associated with the realignment of its manufacturing facilities. For complete details on NCR’s current and past performance, visit CardData ([www.carddata.com][1])

NCR ATM REVENUE HISTORICAL
1Q/06: $259 million
2Q/06: $343 million
3Q/06: $349 million
4Q/06: $472 million
1Q/07: $312 million
Source: CardData (www.carddata.com)

[1]: http://www.carddata.com

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VASCO Earnings Nearly Double in 1Q/07

VASCO data security has released reports reflecting that revenues for
the first quarter of 2007 increased 93% to $26.4 million from $13.7
million in the first quarter of 2006. Gross profit was $17.5 million for
the first quarter of 2007 and compares to gross profit of $9.5 million
in the first quarter of 2006. Net cash balances, total cash and cash
equivalents less bank borrowings, at March 31, 2007 totaled $16.8
million compared to $12.6 million at December 31, 2006. A total of
619 new accounts sold in the first quarter 2007, including 94 banks
and 525 Enterprise Security customers. VASCO incurred revenue
growth of 35% to 45% for the full-year 2007 over full-year 2006.
The company is a supplier of authentication and e-signature solutions
and services. Specializing in Internet security, VASCO has a customer
base of over 4,800 companies in more than 100 countries, including
close to 750 international financial institutions.

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CrossCheck Acquires Merchant Payment Center

CA-based CrossCheck, has purchased the check residual stream from Merchant Payment Center, a payment provider headquartered in North Hollywood, California. Merchant Payment Center provides credit and debit card processing, and check approval and guarantee services to merchants throughout the country. Merchant Payment Center and CrossCheck became partners in 2003. CrossCheck processes and approves billions of dollars worth of check transactions annually for retail and dealer outlets throughout the U.S.

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ADS Signs a Multi-Year Renewal With Goodyear

Alliance Data has announced that Goodyear has signed a multi-year
renewal agreement to sponsor the company’s “Air Miles Reward
Program”. The loyalty program offers reward miles at more than 100
leading brand-name sponsors representing thousands of retailers with
service locations across Canada. The points can be redeemed for
more than 800 different rewards. Alliance manages over 120 million
customer relations throughout North America. Goodyear reported
2006 net sales of $20.3 billion.

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Duane Reade to Deploy Coinstar Centers in NYC

NY-based Duane Reade has planned installations of more than 140 Coinstar Centers in the metropolitan New York City area this year. Duane Reade has installed Coinstar Centers in its drug stores to offer consumers a convenient way to turn their loose change into cash or a voucher that can be used towards in-store purchases. In addition, consumers can choose to place the full value of their change onto a gift card or eCertificate from a variety of retailers including Amazon.com, iTunes, Circuit City, Starbucks and more. Duane Reade is the largest drug store chain in the metropolitan New York City area. Coinstar provides self-service coin counting, electronic payment solutions, money transfer, entertainment services and self-service DVD rental.

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nCircle Announces Alliance With RSA

nCircle has announced its alliance with RCA for the contribution to
a portfolio of products and services to comply with card industry
security standards. Among the standards is the requirement to conduct
quarterly scans of externally facing payment network to verify
compliance, which nCircle’s Certified PCI Scan Service automated
security protection provides for merchants. PCI requires merchants that
accept credit and debit cards over the Internet to increase card data
protection on their internal and external payment networks. nCircle
Certified
PCI Scan Service is an automated network security scanning and reporting
service for compliance with the PCI Data Security Standard v1.1. This
partnership is designed to enable merchants to manage credit card
information, secure data, access data and provide PCI education and
services to ensure compliance.

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Infusion Software CRM v5.0 is Released

On-demand “active” CRM” and marketing automation software provider Infusion Software has released Version 5.0 of “Infusion CRM”. Version 5.0 includes Conversion Tracking, allowing users to insert a pay-per-click conversion code to the success page of e-commerce shopping carts inside Infusion CRM; Round Robin Sales Team Assignment Logic for creating a “round robin” for distributing contacts; and the Expiring Credit Card Trigger. Infusion Software flagship product, Infusion CRM, is a web-based software program that centralizes, organizes and automates the sales, marketing and customer service processes in a small business.

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Banamex & Diebold Introduce ATM Solution

Using Diebold’s “Opteva” ATMs, Banamex has introduced advanced ATM
service allowing users to make cardless transactions, deposit money and
pay bills anytime of day. The solution will operate on Diebold’s “Agilis”
open software platform. The Opteva ATMs also offer streamlined
installation, maintenance, upgrades, full deposit, automation options,
advanced function dispenser and enhanced security. Banamex has over
5,800 ATMs throughout Mexico. Diebold is present in 90 countries and
reported revenue of $2.9 billion in 2006.

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House Hearing Tackles Credit Card Practices

The U.S. House Financial Services Committee held a hearing yesterday on “Credit Card Practices: Current Consumer and Regulatory Issues.” However, no credit card issuers testified. Among those present were Edward Yingling, President and CEO, American Bankers Association who said credit cards provide more services at little or no cost, and with lower interest rates than ever before. However, Yingling noted that the increased complexity of credit cards causes confusion and sometimes results in a difficult financial situation. But, the industry is taking these concerns very seriously and working to address them. Yesterday was the first in a two-part series of hearings on credit card practices. The second is scheduled for the first week in June wherein federal and state regulators plan to discuss the anticipated revision to the regulations governing disclosure for credit cards by the Federal Reserve.

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Nordstrom Launches a Fashion Reward Program

Seattle-based Nordstrom has launched a new rewards program that blends the Company’s current points system with more benefits based on customers’ spending levels using any Nordstrom credit or debit card. The new “Nordstrom Fashion Rewards” offers the points program customers, but will also feature new rewards such as complimentary in-store services and access to red carpet events. The program will offer three new levels of cumulative benefits to “Rewards” customers who qualify. Unique to the Nordstrom program, “Rewards” participants can move to higher levels based on their Nordstrom spendings each quarter versus waiting a full year. The program was developed after extensive customer research, which included input from stores, a peer group study and focus groups. Nordstrom also surveyed its customers to determine which additional benefits would motivate them to strengthen their relationship with the Company.

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Merchant Link’s TransactionVault Okayed

MD-based Merchant Link’s “TransactionVault” has been validated by Visa USA as a “Payment Application Best Practice” “TransactionVault” is an innovative security solution that safeguards consumers’ payment card and personal information by moving data from a merchant’s POS system to Merchant Link’s monitored, secure and fully Payment Card Industry compliant environment. The validation, part of Visa’s ongoing Cardholder Information Security Program, applies to the MICROS RES 3000 version 3.2 Service Pack 7 Hot Fix 5. In November 2006, MICROS Systems partnered with Merchant Link to launch TransactionVault as part of its “Restaurant Enterprise Series” point-of-sale solution. Visa established certified PABPs to assist in the creation of secure payment applications that help ensure merchant compliance with Payment Card Industry Data Security Standards. Merchant Link provides solutions to the integrated point-of-sale industry, including high-end technical support and data transport services.

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