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Raymark Partners with Toshiba TEC to Strengthen Presence in Asia

PRESS RELEASE

MONTREAL, Canada, April 23, 2009 - Raymark, a leading global provider of advanced retail software solutions, proudly announces its partnership with Toshiba TEC, whose retail hardware division provides point-of-sale (POS) terminals and electronic cash registers to retailers. This strategic partnership strengthens Raymark’s presence in Asia, where retailers have been successfully using its software for over twelve years.

“Its longstanding global presence in the retail software industry makes Raymark an ideal partner for us,” states Daigoro Suetsugu, Toshiba TEC’s senior manager of Retail Solution Business Group, International Operations. “This collaboration will permit both our companies to offer a broader range of products and services to retailers in our Asian markets.”

“Establishing a partnership with a hardware vendor like Toshiba TEC allows us to offer our Asian customers a strong, complete retail solution that is easier to deploy and support on a local level,” says Claude Chriqui, Raymark’s CEO. “Our first joint implementation for Guess Taiwan was a great success, and we look forward to more shared implementations in the near future. Providing localized service to our international customers is just one more way Raymark is equipping them to handle the challenges of conducting business on a global scale.”“

About Toshiba TEC

TOSHIBA TEC is a global company based on its headquarters in Tokyo, Japan with about 20,000 employees worldwide. Its main business areas are Retail information systems, Office document processing systems, Auto Identification systems such as Barcode printers and RFID equipment and Ink Jet print head production.

TOSHIBA TEC has always been a leader in the retail information systems market. By offering wide-ranging products and services, TOSHIBA TEC has satisfied customers and retailers ranging from mass merchants to those running convenience stores, boutiques and restaurants.

Through original technologies and either original or partners’ solutions, TOSHIBA TEC strives to become an even friendlier partner for retailers and to realize the best possible value from the retailers’ point of view.

TOSHIBA TEC goes beyond offering mere systems and equipment to providing total solutions that meet the specific needs of each retailer. This is the TOSHIBA TEC’s sales policy. Due to sales and service capacity, as well as product development ability, TOSHIBA TEC fully satisfies the needs of retailers and achieves a 52% Japan domestic market share in product sales.

Jean-François completed a degree in Electronics and went on to complete a Masters degree in Mathematics. Having held numerous positions in Sales, Marketing, Services, R&D and Manufacturing, Jean- François’ extensive professional experience also includes the creation and management of company subsidiaries in multiple countries across Europe. Prior to joining Raymark, he held the position of VP of European Operations at Percon Inc., a US - based developer and manufacturer of bar code reading products. Jean-François began his career at Raymark in 2001 as General Manager and President of the European subsidiary based in Paris.

About Raymark

For over twenty years, Raymark has been revolutionizing the way some of the world’s most prestigious retailers manage their stores. As a global provider of advanced retail software solutions, Raymark offers retailers highly sophisticated technology tailored to their specific business requirements. Developed by retail industry specialists, Raymark’s Xpert-Series™ empowers retailers through integrated, flexible applications that streamline operations while providing the analytical tools required for enlightened decision-making. Raymark’s Xpert-Series™ is enhanced by highly-skilled Professional Services and Client C.A.R.E. teams dedicated to helping retailers obtain maximum efficiency and ROI from their investment. This combination of leading-edge technology and exceptional service ensures that Raymark clients continue to experience higher sales, increased customer loyalty and greater productivity well into the future.