Auto Data Network Announces Plans to Divide DMS and after Market Businesses into Separate Entities

NEW YORK & TUNBRIDGE WELLS, U.K.--Feb. 2, 20054, 2005--Auto Data Network Inc. (Pink Sheets:ADNW), a provider of software and real-time data services to the worldwide automotive industry held a conference call yesterday, February 23, 2004, to present recent company developments. During the conference call, which was hosted by Auto Data's CEO, Nick Palmer, the Company's chairman, Chris Glover, and its chief financial officer, Lee Cole, the Company apprised shareholders of its share trading status, potential strategic initiatives, and the status of its proposed acquisition of DCS Automotive. The follow are excerpts from the conference call:

ADN's Share Trading Status

The Company announced that its common shares were delisted from trading on the OTC Bulletin Board and placed on the OTC Pink Sheets. This followed a period of approximately two and a half months during which an "e" was affixed to its stock trading symbol, which indicates that a company is not in compliance with required SEC filings. Management indicated that the issue was the results of its independent auditor's lack of registration with the PCAOB. The Company's independent auditor, when informed of this oversight, immediately applied for registration and is currently waiting for a decision from the PCAOB on its application. Company management indicated that when and if its independent auditors become registered with the PCAOB, it expects its shares to be promptly reinstated for trading on the OTC Bulletin Board.

Potential Strategic Initiative

ADN announced that it has determined that its aftermarket software business and its DMS business serve very distinct client bases and, as a result, it plans to separate the two businesses. ADN management believes that the existing organic growth and acquisition opportunities of these individual businesses could support public market valuations reflective of their growth potential and provide current ADNW shareholders with significant upside potential relative to its current valuation.

ADN management further reinsured shareholders that it and its financial advisors spent considerable time analyzing the strategies to validate the proposed initiatives. As these strategies unfold, the Company intends to keep shareholders abreast of developments in the forthcoming weeks through the issuance of press releases and conducting publicly accessible conference calls.

A recording of the call will be available through the Company's website at www.autodatanetwork.com.

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.