ADP Securities Industry Software Introduces Posse -- New Productivity Oriented Software for Sales Executives --.

JERSEY CITY, N.J.--(BUSINESS WIRE)--April 30, 1998--The Securities Industry Software (SIS) division of ADP Brokerage Services Group (ADP BSG), a subsidiary of Automatic Data Processing, Inc., announced its new desktop solution, POSSE(SM). POSSE is a cutting-edge productivity tool that allows sales executives to simultaneously track customer accounts, portfolios and contact information through one integrated interface.

"POSSE empowers sales executives to easily access and manage sales and customer information," explained Ted Carl, senior vice president and general manager of ADP/SIS. POSSE's graphical interface allows for quick navigation through one global menu to ADP/SIS Advantage(SM), RELATE(SM) Contact Management System, Order Management System, Brokerage Accounting System Inquiry, Online Offering System(SM) Advantage, Portfolio Management Subsystem and Commission and Bond Calculator. By integrating multiple sales tools with the ADP/SIS securities processing system, POSSE provides real-time account information that saves brokers time and improves customer service.

ADP/SIS POSSE product offerings, combined with the ADP/SIS securities processing system, provides clients with access to real-time customer information, trading and processing, direct order flow to exchanges, third-party execution points and other trading areas through:

-- Advantage - an advanced client server data distribution system that uses relational database formats to deliver client information throughout the firm;

-- Brokerage Accounting System (BAS) Inquiry - provides a view of real-time trade date information of customer's balances and positions;

-- Commission and Bond Calculator - allows for easy calculations of "what if" scenarios;

-- Online Offering System (OLOS(SM) Advantage - provides real-time information on selection, quantity, price and yield for fixed income instruments;

-- Order Management System (OMS) - a real-time order entry system that directs and manages order flow;

-- Portfolio Management Subsystem - an integrated tax lot accounting system and online portfolio inquiry system;

-- RELATE Contact Management System - provides for sales process automation, lead generation, telemarketing, and customer support.

"Leveraging our 15 years of software development experience, ADP/SIS will give smaller firms the same power, leading-edge technology, such as Internet capabilities and Year 2000 readiness, in securities processing as is available to larger firms," Mr. Carl added. ADP/SIS is a Wheat Ridge, Colorado-based division of ADP BSG. ADP/SIS offers real-time integrated securities processing systems that can be implemented into an in-house or service bureau environment. ADP/SIS provides its services to a growing base of clients including major regional firms such as McDonald & Co. and J.B. Oxford & Company.

ADP Brokerage Services Group brings to financial intermediaries advanced, integrated solutions for securities processing, market information and investor communication services backed by Year 2000 readiness and world class customer service. ADP continually uses technological advancements to develop innovative products that meet the long-term business needs of its clients. As the leading outsource vendor, ADP BSG is leveraging its position to provide competitive, cost-effective services to its over 3,800 clients worldwide. Automatic Data Processing, Inc. (NYSE:AUD), with over $4 billion in annual revenues and more than 400,000 clients, is one of the largest independent computing services firms in the world. For more information about ADP, please visit our web sites at www.adp.com and www.adpsis.com.

CONTACT: ADP

Arlene Driscoll, 201/714-8019

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Vicki Miles Weiner, 212/605-3140

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