The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

ADP Dealer Services Acquires CTSoft Corporation

Move Enhances ADP's Front-end Solutions in Canadian Automotive Retail Market

TORONTO, March 26 -- In a move to reinforce its expanding product offering in Canada, the Dealer Services Group of Automatic Data Processing, Inc. today announced its acquisition of CTSoft Corporation, based in Montreal, Canada.

Founded in 1996, CTSoft sells, installs and supports a line of bilingual (French and English) automotive dealers' front-end software solutions. The company's principal product, "CTWizard," is a dealership-proven solution that assists dealers in running their retail businesses more effectively and provides a strong return on their technology investment. This software program gives dealers the ability to better manage a wide variety of showroom functions, among them: finance and insurance; vehicle inventory control; price quoting; customer follow-up; prospect tracking; and manufacturer incentive programs. This powerful solution is deployed in a terminal services environment, which reduces the overall dealership's hardware costs since there is no longer a need for the client desktop to operate expensive PC workstations. The company currently provides services to more than 220 dealer locations in Canada and employs 16 people. All 16 employees have joined ADP Dealer Services, Canada.

In announcing the acquisition, Dean Anton, Vice President and General Manager of ADP Dealer Services Canada, said CTSoft will provide ADP's next generation front-end solution for the entire Canadian market. Anton further commented that "CTSoft has been a successful participant in ADP's API (Application Program Interface) program for more than two years, and we've established tight interfaces for CTWizard with both our w.e.b.Suite2000(TM) and w.e.b.Suite1000(TM) (Alliance) dealership management system platforms. Our goal is to help clients sell cars more profitably and with this acquisition, we are poised to become the pre-eminent front-end solution provider to the automotive market in Canada."

CTSoft founder, Patrick Helie, is also enthusiastic about the acquisition.

"We've developed a remarkable partnership with ADP during the past few years -- one that has contributed significantly to our extraordinarily high customer satisfaction ratings. I look forward to helping ADP Dealer Services expand its Canadian presence by leveraging the CTWizard solution through ADP's Canadian dealer channels."

About ADP Dealer Services

ADP Dealer Services provides integrated computing solutions to more than 16,000 automotive and truck dealers throughout the United States, Canada and Europe. ADP Dealer Services is the third largest business unit of Automatic Data Processing, Inc. . With over $7 billion in revenues and approximately 500,000 clients ADP is one of the largest independent computing services firms in the world. More information on ADP Dealer Services is available on the Internet at http://www.dealersuite.com/ . ADP is a registered trademark of ADP of North America, Inc.