Toshiba 460CDT Memory Initialization Problem

I have an old Toshiba laptop (model 460CDT) and I'm trying to upgrade the memory. It originally had 32MB RAM and I installed a 64MB module. The problem is that when the computer starts it goes through a Memory Initialization. It counts the memory up to 64MB and then reboots. This is a brand new RAM from 4AllMemory.com so I doubt the RAM is faulty though I suppose it could be. Unfortunately I can't get past the Memory Initialization to test it.

If I take the RAM out then there is no problem... the computer boots in all it's 32MB glory.

I've installed the latest BIOS. Does anyone have a suggestion on either what's wrong? I can't find a way to disable or skip the Initialization. Also, if the computer had 32MB of RAM and I just installed another 64MB why is it stopping at 64MB and not at 94MB?

Please help! Thanks!