Auto Data Network, Inc. (ADNW.PK)

Auto Data Network, Inc. (ADN) is a group of companies that provide software products and services to the automotive industry. The Company's primary market is automotive dealerships, of which there are approximately 78,000 in North America and 92,000 in Europe. ADN offers a suite of software products that provides an integrated solution to all operational aspects of an automotive dealership The suite of software is easily deployed and provides solutions to areas of a dealership business, such as aftermarket and finance, which generate 48% of a dealership s profits from 12% of overall revenues, and 35% of profits from 2% of revenues, respectively. In August 2004, Auto Data Network Inc. acquired California-based CarParts Technologies, Inc. a provider of e-commerce-enabled software systems to the North American automotive aftermarket supply chain.

ADNW is a provider of integrated solutions that provide Information Management Services and Software Solutions to the automotive sector. For the nine months ended 11/30/04, revenues totaled $52.2M, up from $15.1M. Net income applicable to Common increased 99% to $4M. Revenues reflect the continuing impact of the Company's acquisition program. Net income also reflects an increase in gross margins.