CERTPOINT - RAYMOND JAMES FINANCIAL INC. CHOOSES VUEPOINT TO PROVIDE CENTRAL LEARNING PORTAL

Roslyn Heights, NY- May 31, 2005 - Vuepoint, a global training solutions provider, today announced its selection by Raymond James Financial Inc. to provide a central learning portal through their Vuepoint Learning System (VLS).

Raymond James Financial employs more than 5,200 financial advisors serving 1.3 million accounts in 2,200 locations throughout the United States, Canada and overseas through its three wholly owned broker/dealers: Raymond James & Associates, Raymond James Financial Services and Raymond James Ltd. Vuepoint’s solutions will allow Raymond James to automate and streamline processes related to educational delivery, design and operations.

Prior to selecting Vuepoint, Raymond James used several education software applications and databases to provide and track learning events and content. Utilizing the VLS, Raymond James will now have the ability to centralize all educational resources including processes, data and technology.

“We are delighted to assist another financial services firm, as well as another industry leader, in ensuring consistent customer retail experiences via a consistently trained sales force. The size and scope of Raymond James, as well as the nature of their geographically dispersed retail operation, make them a perfect fit for Vuepoint’s solutions.”

In addition, the VLS will allow Raymond James to deliver information about products and services to broker/dealers more rapidly, as well as provide a platform for various certification needs. The VLS system will also provide automated reporting, enhanced online evaluation tools and the ability to track instructor-led training.

Notes to Editors

Vuepoint provides comprehensive knowledge transfer solutions that allow global enterprises to rapidly deliver revenue-generating product and service knowledge throughout sales, marketing and customer support channels. Vuepoint combines patented, award-winning technology, methodologies and services to help increase sales and market share for blue-chip clients including AOL Time-Warner, Black & Decker, The Hartford, Toyota, and Whirlpool. Founded in 1996, privately held Vuepoint serves more than 500,000 users in 35 countries. Vuepoint has won numerous awards, received top-ranked service and solutions ratings from industry analysts, and maintains the best financial stability ratings from leading financial institutions and information providers. Please visit www.vuepoint.com.

Raymond James Financial (NYSE-RJF) is a Florida-based diversified holding company providing financial services to individuals, corporations and municipalities through its subsidiary companies. Its three wholly owned broker/dealers, Raymond James & Associates, Raymond James Financial Services and Raymond James Ltd. have more than 5,200 financial advisors serving 1.3 million accounts in 2,200 locations throughout the United States, Canada and overseas. In addition, total client assets are currently over $109 billion, of which approximately $22 billion are managed by the firm’s asset management subsidiaries.