Auto Data Network Appoints vFinance Investments Inc As Financial Advisor

    TUNBRIDGE WELLS, UK--March 18, 2002--Auto Data Network Inc (OTCBB : ADNW) today announced the appointment of vFinance (OTCBB : VFIN), a rapidly growing financial services firm, as corporate finance advisor to the company.
    Auto Data Network's CEO Chris Glover commented "We are extremely pleased to be working with vFinance and SBIE2 - Capital Limited. As our financial advisor they will be handling our financing requirements and will help in executing our growth strategy. We believe this group's knowledge of the technology sector and the capital markets will be an invaluable resource for the Company".

About Auto Data Network

    Auto Data Network comprises a group of established, automotive companies providing real time data and transactional services to manufacturers, retailers and consumers thereby enabling industry-wide revenue generation, communication and information collection. Services are integrated onto a single transaction platform and data network. The platform propositions are integrated as a communications channel that allows all automotive sector participants to transact within a single environment, in which transactional data is added and modified on the network. This process creates a unique source of "Intelligent Information(TM)" that can be accessed by subscribing companies to analyze and react to changes in market conditions. For more information please see our website at www.autodatanetwork.com

About vFinance

    vFinance, Inc. (OTCBB:VFIN) is a financial services company that provides personalized investment banking and brokerage services to more than 8,000 corporate and private clients worldwide. Hong Kong based SOFTBANK Corp recently became a major shareholder of the company via its investment banking division, SBI E2 -Capital Limited. vFinance, with offices in New York, Houston, Boca Raton and 17 other cities, has approximately $600 million currently under management. http://vfinance.com/, the company's website is also the primary destination on the Internet for companies seeking capital, as well as institutional and high net-worth investors seeking dynamic high-growth companies. Each year, the site hosts more than one million investors and CEO's from over 50 countries. This huge audience creates a perpetual, global deal stream for vFinance's bricks-and-mortar financial service units.

This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of risks and uncertainties impacting the Company's business including increased competition; the ability of the Company to expand its operations through either acquisitions or internal growth, to attract and retain qualified professionals, and to expand commercial relationships; technological obsolescence; general economic conditions; and other risks detailed time to time in the Company's filings with the Securities and Exchange Commission (SEC).