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Ready Capital Corp T.RC


Primary Symbol: RC Alternate Symbol(s):  RC.PR.C

Ready Capital Corporation is a multi-strategy real estate finance company that originates, acquires, finances and services small- to medium-sized balance commercial loans. Its segments include LMM Commercial Real Estate and Small Business Lending. The LMM Commercial Real Estate segment originates lower-to-middle-market commercial real estate (LMM) loans across the full life cycle of an LMM property including construction, bridge, stabilized and agency loan origination channels through its wholly owned subsidiary, ReadyCap Commercial, LLC. These originated loans are generally held-for-investment or placed into securitization structures. As part of this segment, it originates and services multi-family loan products under the Freddie Mac SBL program. The Small Business Lending segment acquires, originates and services owner-occupied loans guaranteed by the Small Business Administration (SBA) under its SBA Section 7(a) Program through its wholly owned subsidiary, ReadyCap Lending, LLC.


NYSE:RC - Post by User

Bullboard Posts
Post by _mvmon Jan 24, 2006 12:48pm
115 Views
Post# 10226668

Unisys Deal, this is impressive!

Unisys Deal, this is impressive! The Unisys UEC7000i series imager offers a feature rich, low cost, two-sided imager for low volume e-Check applications - TSX symbol: RC WATERLOO, ON, Jan. 24 /CNW/ - RDM Corporation (TSX: RC), the leading developer of specialized software and hardware products for electronic payment processing today announced that Unisys Corporation (NYSE:UIS) has selected the RDM EC6000/7000i series imager to offer a feature rich, low cost check electronification solution to its customers. Unisys will brand and market the product worldwide as the Unisys UEC6000/7000i. "Unisys is one of the premier technology and services providers in the world today with an unequaled reputation for the quality of its people, products, and levels of service. Their sales and service organization reaches virtually every corner of the globe," said Douglas Newman, President and CEO of RDM Corporation. "We are delighted with this new relationship with such a well known global entity as Unisys, to extend the availability and distribution of RDM's check technologies and products." Based on the success of RDM's EC6000i(R) series with its small footprint, unsurpassed connectivity, and industry leading MICR and image technology, the RDM EC7000i(TM) two-sided imager will provide a low cost, two-sided imaging solution to merchants and low volume billers who want to take advantage of the opportunities presented by Check 21. The RDM EC7000i series is equipped with a robust feature set that includes: - Capture of high-quality two-sided binary image of the check in seconds - Two memory options for image storage - Standard USB connectivity provides flexible connection to PC-based applications - The industry's highest MICR read accuracy using RDM's patented Progressive MICR Method - Optional OCR E13B MICR Assist offers maximum recognition accuracy to virtually 100% MICR read rate - Facilitates the requirement for check defacement for point-of-purchase transactions in one simple process with its optional franking acknowledgment printer - Optional internal alphanumeric OCR A & B font recognition makes it the ideal solution for bill payment applications - Optional bi-directional Magnetic Stripe Reader (MSR) "After an extensive evaluation process, the RDM EC7000 series was selected because of its superior MICR read rate and image quality", said Gary Wallen, vice president and general manager of Payment Systems for Unisys. "RDM is a market leader in the business with major installations across the United States. The addition of the Unisys UEC6000/7000i - high-quality, low-cost imaging solutions in our portfolio allows us maximum flexibility in providing our customers with a comprehensive suite of imaging products to meet the ever changing needs in the payments industry." About RDM RDM Corporation is headquartered in Waterloo, Ontario and trades on the Toronto Stock Exchange under the symbol RC. RDM is a leading developer 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. RDM's e-check offering is its innovative and proprietary Image & Transaction Management System (ITMS(R)) whereby transaction information can be remotely captured and processed electronically from distributed locations, freeing up significant customer float time and significantly reducing costs associated with returned checks. For further information, visit RDM's website at www.rdmcorp.com. About Unisys Unisys is a worldwide technology services and solutions company. Our consultants apply Unisys expertise in consulting, systems integration, outsourcing, infrastructure, and server technology to help our clients achieve secure business operations. We build more secure organizations by creating visibility into clients' business operations. Leveraging Unisys 3D Visible Enterprise, we make visible the impact of their decisions - ahead of investments, opportunities and risks. For more information, visit www.unisys.com.
Bullboard Posts