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veritas-twj

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veritas-twj

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Friday, 08/25/2006 4:04:23 PM

Friday, August 25, 2006 4:04:23 PM

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Auto Data Network, Inc. Announces Closing of Sale of EXP Dealer Software Ltd. to Aftersoft Group, Inc. and Record Date for Spin-Off of Stake in Aftersoft

NEW YORK and LONDON, Aug 25, 2006 (PRIMEZONE via COMTEX) -- Auto Data Network, Inc. (Pink Sheets:ADNW) and Aftersoft Group, Inc. (OTCBB:ASFG) today announced that they have closed the previously announced agreement for Aftersoft to acquire EXP Dealer Software Ltd. from Auto Data Network, Inc. EXP Dealer Software Ltd. owns and operates Auto Data Network's DMS business. The transaction closed today, August 25th, which is also the record date for the Spin-Off of Auto Data Network's stake in Aftersoft Group, Inc. to its shareholders, which is subject to receipt of all necessary approvals for the Spin-Off.

DIVERSIFICATION IS RULE #1 -- YOU ALONE ARE RESPONSIBLE FOR YOUR INVESTMENT DECISIONS -- ALWAYS CONDUCT YOUR OWN DUE DILIGENCE -- NEVER INVEST MORE THAN YOU CAN AFFORD TO LOSE -- HOPE IS NOT AN INVESTMENT STRATEGY -- PATIENCE !!!

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