ADP Claims Solutions Group's Autosource Performs 7 Millionth Transaction

    SAN RAMON, Calif.--Aug. 14, 2001--The Automatic Data Processing (ADP) Claims Solutions Group, a leading provider of information services for the automotive insurance claims industry, passed a major milestone last week with the 7 millionth transaction executed by its industry-leading Autosource(R) total loss valuation service.
    "The growing number of new clients indicates to us that our hard work and continued commitment to Autosource are making a difference," said Gary Nixon, senior vice president of ADP's automotive claims services. "Transactions are up by over 20 percent, resulting in record numbers of up to 6,700 inquiries a day. It shows that clients trust the Autosource database to provide them with the accuracy they require."
    "Autosource generates vehicle values based on the most extensive information available in the marketplace today," said Hinda Chalew, vice president of product management for ADP's automotive claims services. "By tapping market information from all available sources, and refreshing the database daily, Autosource offers users data with superior integrity and delivery methods in order to deliver precise market values. This milestone of seven million transactions confirms that Autosource is providing a critical service to the insurance industry."
    As the fastest-growing total loss valuation and service provider, Autosource offers valuation, market search and other information services through a variety of electronic and toll-free call-in/fax-in methods.
    The Autosource database is the world's largest database of "for sale" vehicle valuation information, with more than 90 million vehicles entered annually. The database information is continuously gathered and updated from private-party advertisements in more than 6,100 publications and web sites nationwide and ADP's electronic dealer inventory program, which collects information from more than 10,300 dealerships. The result is a database updated with more than 2 million vehicles per week.
    ADP Claims Solutions Group, a wholly owned subsidiary of Automatic Data Processing Inc. , is a leading provider of integrated business solutions for clients in the property and casualty, general health, collision repair and automotive recycling industries. ADP, with more than $6 billion in revenues and more than 500,000 clients, is one of the largest independent computing services firms in the world.
    ADP Claims Solutions Group is headquartered at 2010 Crow Canyon Place, San Ramon, California 94583; 925/866-1100. The company's Web site can be found at http://www.csg.adp.com.