Article: Auto Data Network Reports Revenue of $16 Million and EPS of $0.05 For First Quarter of Fiscal 2005; First Quarter Revenue Increases 57 Percent Over Fourth Quarter.

NEW YORK -- Auto Data Network, Inc. (OTCBB: ADNW), a provider of software and real-time data services to the worldwide automotive industry, today announced financial results for its first fiscal quarter ended May 31, 2004. The Company reported revenues of $16.1 million for the first quarter of its 2005 fiscal year, an increase of $12.8 million or 384 percent compared to revenues of $3.3 million for the corresponding quarter in fiscal year 2004 and an increase of $5.8 million or 57 percent compared to the fourth quarter of fiscal 2004 revenue of $10.2 million.

ADN reported net income for the first quarter of $1.1 million or $0.05 per share compared to net income ...

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