Auto Data Network Appoints Nick Palmer CEO; Former Ford Veteran to Lead Auto Data Network Growth

NEW YORK & TUNBRIDGE WELLS, UK--Jan. 1, 20044, 2004--Auto Data Network Inc. ("ADN") (OTCBB: ADNW), a provider of software and real-time data services to the automotive industry, today announced the appointment of Nick Palmer as the Company's chief executive officer. Christopher R. Glover, the Company's founder and chairman will pass his role as CEO to Mr. Palmer.

Nick Palmer joins ADN from Ford Motor Company where he has spent the last 19-years in a series of senior management positions in both Europe and North America. Mr. Palmer's experience covers a wide spectrum within the automobile industry spanning from dealership management to OEM operations, from Managing Director of Ford Poland to Global Brand Manager for the TH!NK Group - Ford's environmental program in the U.S. Mr. Palmer's leadership expertise is fortified by hands-on experience including the development of dealership sales strategies and IT systems. He has also worked as a systems analysts for Ford developing automobile sales analysis and reporting systems. He graduated North Staffordshire University in 1984 with a Bachelor of Arts degree in business studies and marketing.

Commenting on Mr. Palmer's appointment, Mr. Glover said, "Nick's proven track record as an innovative leader, implementing initiatives throughout the world, will prove invaluable to our company as we expand our service offering beyond our current markets into North America and across Europe. His addition to Auto Data's management team reinforces its extensive background in all facets of the automotive and software industries." Chris Glover continued, "Nick is one of the few people in the auto industry who has both OEM and dealer experience. These skill-sets, combined with his IT experience, made Nick the ideal candidate to lead ADN."

Mr. Palmer added, "The retail automotive software sector represents a $15 billion worldwide market, but remains served by a relatively fragmented software community in many markets. The opportunity for Auto Data to develop both organically and by acquisition is significant. The company's management team has adhered to its plan and succeeded at delivering profitable results from its inception. I am looking forward to the challenge of building on this successful foundation and being able to positively contribute to the advancement of Auto Data's business model."

About Auto Data Network

Auto Data Network is a group of established companies, which provide software products and services to the automotive industry. The Company's main customer base is the auto dealership marketplace. This marketplace consists of approximately 78,000 dealers in North America and 92,000 dealers in Europe. The Company estimates that this represents a $15 billion market for software and services specifically for auto dealerships. The Company supplies a suite of software solutions and services that enable dealerships to run their businesses more efficiently while achieving considerable cost savings. The majority of the Company's current solutions are focused on serving the aftermarket and finance areas of dealerships. These areas are of particular importance as the aftermarket business is responsible for 48% of a dealership's profit from only 12% of their overall revenue. The second most profitable area is vehicle finance and insurance, which contributes 35% of a dealership's profit from 2% of its revenues.