ADP Claims Services Group's Autosource Achieves Milestone With 10 Millionth Transaction

Demonstrates Insurers Trust Autosource's Repeatable Methodology to Determine Fair Market Value

SAN RAMON, Calif., Feb. 18 -- ADP Claims Services Group, a leading provider of information services for the insurance, collision repair and automotive recycling industries, announced today the 10 millionth total loss valuation transaction executed by Autosource(R), the world's largest database of "for sale" vehicle valuation information.

The 10 millionth transaction was processed by Hanover Insurance in Worcester, Mass., by appraiser Bob Nichols on a 1995 Mercury Tracer. The first transaction processed by Autosource was in 1994 on a 1980 BMW 633 by an independent adjuster in Portland, Ore.

"This landmark valuation transaction demonstrates that our Autosource clients trust the database to provide the most accurate valuations available in the industry," said Brian Grainger, Autosource director of product services for ADP Claims Services Group. "ADP Claims Services Group continues its commitment to maintain the largest vehicle valuation database and to deliver repeatable methodology that insurers can trust to help them calculate consistent vehicle valuations that are fair and accurate."

The Autosource database is the world's largest database of "for sale" vehicle valuation information, with more than 110 million vehicle records entered annually. It is updated daily with real-world market information gathered from private-party advertisements in more than 3,300 publications and web sites nationwide and ADP's electronic dealer inventory program, which collects information from more than 11,700 dealerships. The result is a database updated with more than 2 million vehicles per week.

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.

About ADP Claims Services Group

ADP Claims Services 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, collision repair and automotive recycling industries. ADP, with $7 billion in revenues and over 500,000 clients, is one of the largest independent computing services firms in the world.