Auto Data Network Provides Update on Progress of Spin-off Strategy.

NEW YORK & TUNBRIDGE WELLS, UK -- Please replace the release with the following corrected version due to multiple revisions.

The corrected release reads:

AUTO DATA NETWORK PROVIDES UPDATE ON PROGRESS OF SPIN-OFF STRATEGY

Auto Data Network Inc. (OTC Pink Sheets: ADNW), a provider of software and real-time data services to the worldwide automotive industry today reported progress on executing the Company's strategy of spinning-off its software and services business into two separate entities, and provide guidance on revenues and earnings for these businesses.

Auto Dealer Management

The Company's dealer management business, Auto Dealer Management ("ADM"), is in the process of merging with a London AIM listed company. ADM is projected to generate revenue of approximately $53 million in the current fiscal year (ending February 28, 2006), with net earnings of approximately $5.4 million. This projection excludes further acquisitions and the Company's equity interest in DCS Automotive. The entity currently owns a one third equity interest in DCS Automotive. DCS is currently the premier DMS provider in France, Germany and Switzerland; number three in the United Kingdom and number five in Spain, with over 8,000 dealership clients. Other key benefits of DCS Automotive are its strong management team, highly regarded product line, its extensive list of satisfied customers, and existing partnership with SAP and joint ventures with leading automobile software companies (including Sime Darby in the Far East).

Overseeing ADM will be a new management team comprising of highly experienced professionals from the automotive and software industries. ADM will further the original strategy of growing the Company's existing business through synergistic acquisitions of profitable dealer management systems providers, with the objective of developing a comprehensive software and service solution and solid client base.

Aftersoft Group

The Company's after-markets software business, Aftersoft Group ("ASG"), provides a broad range of ERP supply chain management solutions to parts manufacturers, distributors and retailers. It is presently comprised of two branded subsidiaries: Car Parts (currently number two in the United States) and MAM (currently number one in Europe). ASG intends to consolidate these two brands into one. ASG is projected to generate revenue of approximately $42 million and net earnings of approximately $5.6 million in the current fiscal year (ending February 28, 2006).

In line with Auto Data Network's growth strategy, ASG has identified several acquisition targets, both in the United States and Europe, which it believes could double its business over the next 36 months. The projected revenues and earnings do not include additional acquisitions. ASG expects to gain listing before the end of June through a merger with an existing public entity, after which it plans to aggressively pursue market share, through cross selling and acquisition.

Stock

Following the merger of ADM and ASG into separate public entities, Auto Data Network Inc. intends to complete the spin-off of its holdings in the form of a tax-free stock dividend, to be effective following approval from the Company's Board of Directors and Shareholders. The spin-off transactions are expected to be completed in the fall. Upon the completion of the spin-offs, shareholders of record in Auto Data Network Inc. (as of a predetermined date to be announced) will receive shares in each of the two new entities (ADM and ASG) pro-rata to their own percentage holdings in Auto Data Network Inc., as well as maintain shares in Auto Data Network, Inc.

Chris Glover, chairman of Auto Data Network Inc, said, "The transactions is expected to accelerate growth for these businesses. Both are profitable companies; however, we believe that separating them into two independent entities will enable them to pursue independent, different strategies that are more conducive to each company's market and operating dynamics. ADM and ASG are, in separate ways, seeking to gain market share within their respective segments of the automotive industry. Both serve commercial customers in diverse and competitive markets and have decentralized operations. These companies are good candidates for changing competitive positions and, at some point, acquiring larger positions in their respective industries."

Glover continued, "Although these businesses served markets that overlapped to some extent, there are a number of solid business reasons for the transaction. Each company will have a distinct capital structure, which best serves its needs. Leading the way, there will be independent focused management teams in place at both companies to address the best ways to improve and grow their respective businesses. Through different growth strategies, distinct capital structures and focused management teams, ADM and ASG will each offer a compelling value to the market, exciting revenue and profit growth opportunities, and a rewarding environment for employees. As two separate companies, these businesses are better positioned to enhance shareholder value and better serve their customers."

Glover concluded, "With regards to our Auto Data Network after the spin out of these two divisions, the company will be left with its Orbit data business, which is an extremely exciting opportunity in itself. We intend to further develop Orbit to its full potential."

In regards to the status of its auditor's registration with the PCAOB, the Company noted that the hearing scheduled with the PCAOB for April 25 was postponed further until May 25.

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.

More information is available on Auto Dealer Management at www.autodealermanagement.com and Aftersoft Group at www.aftersoftgroup.com.

This press release contains forward-looking statements 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).