RPM Technologies

RPM Technologies

July 31, 2012 12:32 ET

RPM Technologies Finalizes Its Acquisition of Winfund

TORONTO, ONTARIO--(Marketwire - July 31, 2012) - RPM Technologies, a Canadian software development company specializing in financial services solutions, has finalized its acquisition of all shares of Winfund Software Corp., including 100% of Winfund's assets and operations, from Mackenzie Financial Corporation (Mackenzie Investments), a subsidiary of IGM Financial Inc. (TSX:IGM). Financial details of the transaction have not been disclosed.

"I am very pleased to announce that RPM's acquisition of Winfund is finalized today," said Dave Poppleton, President & CEO of RPM Technologies. "Through this transaction, RPM continues to expand upon our solutions for the wealth management industry and our commitment to the market. I am excited by the roadmap of solutions that we can offer our mutual clients and to the industry. I would like to take this opportunity to welcome all Winfund clients to the RPM family."

RPM plans to maintain Winfund operations in their current state. Winfund's staff will continue to serve Winfund's clients and day‐to‐day operations will be "business as usual."

About RPM Technologies: RPM Technologies is a privately held Canadian company focused on investing in and building software solutions for the Canadian financial services marketplace. RPM has been providing system solutions to the investment industry for over 15 years. Its staff of more than 100 business and technical experts provides services to financial institutions in Canada. RPM is considered an industry leader in investment distribution and product recordkeeping systems. RPM's enterprise platforms are implemented within all sectors of the wealth management market, including Dealers (IIROC and MFDA), Banks and Investment Funds.

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