TORONTO, Aug. 13 /CNW/ - TD Waterhouse Discount Brokerage, a division of
TD Waterhouse Canada Inc., and Canada's largest discount broker, has launched
a new telephone voice identification system, making it the first discount
brokerage firm in Canada to use the leading-edge biometric technology.
    Biometric technology uses a person's unique characteristics, for
instance, fingerprint, facial features or retinal patterns to verify their
identity. The TD Waterhouse Voice Print System allows clients to create a
unique voiceprint, which is converted into a mathematical representation of
their voice, then stored on file and used to verify their identity. Recording
the voiceprint takes only a couple of minutes.
    "In fast moving markets, clients want speed and security, and TD
Waterhouse Voice Print System offers both," said John See, President, TD
Waterhouse Discount Brokerage. "Already the industry leader, TD Waterhouse
Discount Brokerage is committed to continuing to enhance the client
experience."
    In addition to offering among the most competitive rates in the
marketplace, TD Waterhouse Discount Brokerage provides self-directed investors
with leading-edge research, data, and support in order to make the most of
their online investing experience. Clients also have access to wealth planning
tools, specialized trading platforms, and to education at Investor Centres
across Canada. TD Waterhouse Discount Brokerage is also is the only discount
brokerage in Canada with dedicated investment representatives available 24/7,
providing service in English, French, Cantonese and Mandarin.

    About TD Bank Financial Group

    The Toronto-Dominion Bank and its subsidiaries are collectively known as
TD Bank Financial Group. TD Bank Financial Group is the seventh largest bank
in North America by branches and serves approximately 17 million customers in
four key businesses operating in a number of locations in key financial
centres around the globe: Canadian Personal and Commercial Banking, including
TD Canada Trust; Wealth Management, including TD Waterhouse and an investment
in TD Ameritrade; U.S. Personal and Commercial Banking through TD Banknorth
and Commerce; and Wholesale Banking, including TD Securities. TD Bank
Financial Group also ranks among the world's leading on-line financial
services firms, with more than 5.5 million on-line customers. TD Bank
Financial Group had CDN$503.6 billion in assets as of April 30, 2008. The
Toronto-Dominion Bank trades on the Toronto and New York Stock Exchanges under
the symbol "TD", as well as on the Tokyo Stock Exchange.

For further information: Barbara Timmins, TD Bank Financial Group, (416)
307-6498