NEW YORK and TUNBRIDGE WELLS, U.K. — Auto Data Network Inc. (ADN), a provider of software and real-time data services to the global automotive industry, held a conference call Wednesday to announce several recent company developments.

Among the items discussed during the conference call, the company announced plans to split its aftermarket software business and its DMS business into two separate entities. (In August of 2004, ADN acquired California-based CarParts Technologies, Inc.)

The two businesses serve very distinct client bases, necessitating the split, according to the company. ADN management said it believes the existing organic growth and acquisition opportunities of these individual businesses could support public market valuations reflective of their growth potential and provide current ADN shareholders with significant upside potential relative to its current valuation.

The company also announced 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, an indicator that a company was not in compliance with required SEC filings. The company said this was the result of its independent auditor’s lack of registration with the PCAOB. When informed of this oversight, the auditor immediately applied for registration and is currently waiting for a decision from the PCAOB on its application. ADN 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.

For more information about Auto Data Network, visit: www.autodatanetwork.com.

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