Arcadia Capital Advisors announced that it has sent a letter to the Chairman of Rimage Corporation’s Board of Directors renewing the investment firm’s demand for Rimage to issue a special dividend to shareholders.

Arcadia Capital Advisors announced that it has sent a letter to Rimage’s Board of Directors demanding that the company immediately issue an $85 million special dividend to shareholders.

Arcadia Capital Advisors announced that it has no confidence in Rimage Corporation’s current business strategy and expressed those concerns in an open letter to Rimage shareholders.