Automated Data Processing

Stock Symbol: ADP

Automated Data Processing Description:
Today, more than ever, new technologies and processes are shaping the way virtually every industry does business. At ADP, we continue to develop innovative products and services to help our customers save valuable time... make the most of their employees and resources... and boost their bottom line. This solutions-oriented approach has helped us become the world's leading provider of computerized transaction processing, data communications and information services.

Automated Data Processing Financial Summary:
ADP provides a range of payroll, human resources, benefits administration, time and attendance and tax filing and reporting services to employers. ADP also provides brokerage, auto dealer and insurance claim services. For the FY ended 6/30/05, revenues rose 10% to $8.50B. Net income rose 13% to $1.06B. Results reflect increased employer and brokerage services revenues and an increase in gross profit margins.

Automated Data Processing Business Summary:
Automatic Data Processing, Inc. (ADP), together with its subsidiaries, is a provider of computerized transaction processing, data communication and information services. All of ADP's services are offered broadly across North America and Europe. Some services within the Employer Services and Brokerage Services business units are also offered in Australia and Asia, and Employer Services also provides services in South America (primarily Brazil). In November 2004, ADP Brokerage Services Group (ADP), a division of ADP acquired the United States Clearing and BrokerDealer Services units of Bank of America Corporation. The new business unit, ADP Clearing & Outsourcing Services, is a member of the New York Stock Exchange.