Auto Data Network Announces 2,000,000 Share Repurchase Program

NEW YORK and TUNBRIDGE WELLS, England--Feb. 2, 20054, 2005--Auto Data Network Inc. (OTC Pink Sheets: ADNW), a provider of software and real-time data services to the worldwide automotive industry, today announced that its Board of Directors has authorized a stock repurchase program of up to two million shares over a two year period. The timing of the repurchase, which will be funded from available working capital, and the exact number of shares of common stock to be purchased in the open market will depend upon various factors, including market conditions.

Chris Glover, Auto Data Network's Chairman, stated, "We have consistently delivered revenue growth and net profitability over the last two and a half years, which has yet to be reflected in the company's current market value. We are confident in the company's strategy to continue its growth momentum and consider the current valuation a sound investment."

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 whilst 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 dealerships profit from 12% of their overall revenue. The second most profitable area is vehicle finance and insurance this area contributes 35% of profits from 2% of revenues.

This press release contains forward-looking statements, including the foregoing statements regarding, without limitation, anticipated repurchases of the company's common stock and the company's prospects for growth, 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).