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GoldenSource Strengthens EDM Offering with CDS INC.’s Canadian Entitlements Data

Collaboration will incorporate GoldenSource securities master product with CDS INC.’s corporate actions and entitlements data to empower clients with a single, coherent and integrated reference data management solution

NEW YORK — April 11, 2006 — GoldenSource Corporation, a global software provider of Enterprise Data Management (EDM) solutions to the securities and financial services industry, and CDS INC., the premier supplier of Canadian equity and debt entitlements information and a subsidiary of The Canadian Depository for Securities Limited, today announced a collaboration to integrate CDS INC.’s corporate actions and entitlements data with GoldenSource Securities & Products software. The new offering will support global efforts to improve straight-through processing of entitlements information, streamlining back office operations and providing financial institutions with major cost and operational efficiencies.

Designed to deliver an integrated, comprehensive data management solution to the Canadian securities trading market, this collaboration broadens the GoldenSource Securities & Products offering to financial institutions with Canadian operations or interests. Additionally, it extends CDS INC.’s capabilities to deliver improved, timely, accurate and consistent corporate actions and distribution entitlement information. By using SWIFT ISO 15022 message standards, information can be directly fed into additional systems, removing the need for manual intervention and greatly improving straight-through processing rates.

“Our goal is to leverage the strengths and reliability of our real-time infrastructure by selecting leaders such as GoldenSource who understand real-time data and can provide a complementary, high-quality data management platform” said Ian Gilhooley, Chief Operating Officer, CDS INC. “We are combining our efforts and expertise in entitlements, including corporate actions and distribution events, to develop a quick-to-market practical solution for the speedy publishing of Canadian market information to consuming applications in the time-critical area of corporate actions and entitlements via the SWIFT network or file transfer protocol.”

“By combining the flexibility and adaptability of GoldenSource’s industry leading data management capabilities with the breadth and depth of CDS data, we are providing institutions with a robust solution based on SWIFT messaging technology,” said Paul Kennedy, VP Product Management at GoldenSource Corporation. “Our association with CDS helps us to deliver an integrated reference data platform that reduces implementation time and complexity, while delivering accurate, timely reference data on the full range of Canadian debt and equity securities across an enterprise. This is the foundation to achieving an effective enterprise data management strategy.”