Auto Data Network Releases Corporate Profile.Business Editors TUNBRIDGE WELLS Tunbridge Wells: see Royal Tunbridge Wells, England. , U.K.--(BUSINESS WIRE)--April 24, 2003 Auto Data Network Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ADNW.OB), a provider of real time data serving the automotive sector, today announced the release of its corporate profile. For a copy of the corporate profile, please contact Sue Allwork, email: sallwork@autodatanetwork.com or telephone: 01144 1892 511 566. Additionally, an electronic copy of the corporate profile is available on the company's website at www.autodatanetwork.com. To download the Auto Data Network corporate profile, please visit; http://www.autodatanetwork.com/investor/information.htm Auto Data Network comprises a group of established, automotive companies providing real time data and transactional services to manufacturers, retailers and consumers thereby enabling industry-wide revenue generation, communication and information collection. Services are integrated onto a single transaction platform and data network. The platform propositions are integrated as a communications channel Also called a "circuit" or "line," it is a pathway over which data are transferred between remote devices. It may refer to the entire physical medium, such as a telephone line, optical fiber, coaxial cable or twisted wire pair, or, it may refer to one of several carrier frequencies that allows all automotive sector participants to transact An earlier e-commerce system for the Web from Open Market that included order capture and secure order fulfillment using credit cards, ecash and other payment systems. It included customer service and subscription administration capabilities as well as an integrated database for reporting within a single environment, in which transactional data is added and modified on the network. This process creates a unique source of "Intelligent Information (TM)" that can be accessed by subscribing companies to analyze and react to changes in market conditions. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. as defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. ; general economic conditions; and other risks detailed time to time in the Company's filings with the Securities and Exchange Commission (SEC). |
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