Raymond James, Leading Financial Services Company, Selects Toogood Financial Systems Inc. for Modeling, Portfolio Management and Reporting Solution

Toronto, ON - February 23, 2006: Raymond James Ltd., a leader in full service financial services, signed a multi-year agreement with Toogood Financial Systems Inc., a premier provider of investment and reporting software solutions to the financial marketplace, for investment management, performance measurement, reconciliation and client reporting services.

"As a leading North American full service investment firm, Raymond James is committed to providing our investment professionals with the quality tools and support they require to deliver premium service levels to help their clients reach their financial goals," says Julian Smith, SVP, Private Client Group of Raymond James. "Toogood offers the flexibility for our FA's to provide customized advice to meet their specific needs. It is an innovative and functionally rich portfolio management solution that can grow to meet our needs as we build our platform of excellence."

"We are very pleased Raymond James selected Toogood as their investment management solution" stated Raymond Oh, President of Toogood Financial Systems. "Realizing that Raymond James conducted a thorough analysis prior to selecting Toogood, it is a testament that our continued commitment to delivering and servicing the needs of our clients will lead to success for both Toogood, Raymond James and for all of our clients."

About Raymond James Ltd.

Raymond James Ltd. is the Canadian arm of Raymond James Financial, Inc. one of North America's leading full service investment dealers. Raymond James was established in 1962 on the principle of always putting the needs of clients first. Today, this principle remains the foundation on which we continue to build our company. This is underscored by the fact that more than one million individuals and families across North America entrust us with more than $175 billion in client assets under administration.

About Toogood Financial Systems Inc.

Toogood Financial Systems Inc. is a provider of fully integrated investment management application and related services to the investment services marketplace. With highly skilled professionals providing client services and application development, Toogood delivers a flexible and customizable system to meet the needs of each and every client.

For more information, please visit Toogood's web site at www.toogood.com