Used by over9000 dealerships in 24 states throughout the U

The Open Dealer Exchange (ODE), a Joint Venture Between ADP and Reynolds andReynolds, Will Help Finance Sources, Dealers and Consumers Create a Faster, MoreAccurate Sales ProcessDETROIT(Business Wire)Open Dealer Exchange is a newly launched company that will provide financesources with the ability to improve operational efficiencies and enhance brandvalue by better integrating the loan origination process into the dealerstransactional, point-of-sale system. Open Dealer Exchange will facilitate thecredit processing functions within the dealers point-of-sale transactionalsystems used by automotive, truck and power sports dealers to conduct businessin the showroom, at the desk, in the F&I office and online. Historically,dealers have been relegated to separate systems, one for credit processing andanother for point-of-sale transaction processing in F&I. With Open DealerExchange, dealers will be able to combine these systems to improve the overallvehicle sales process for all stakeholders. Finance sources will benefit from more real-time information being deliveredspecific to the transaction at the point of sale. Dealers will now have theflexibility to embed the finance transactions throughout the sales cycle fromwebsites through CRM, Desking and F&I, and consumers are provided with more waysfor financial approval and ultimately a better chance of getting their choice ofvehicle. "Open Dealer Exchange will be able to provide a better salesprocess for the consumers, finance sources and dealers by acknowledging thatvehicle financing is no longer just an F&I transaction.

The vision for thiscompany will be to transform traditional finance source - dealer relationshipsto help close and fund more deals." This new company is based on the highly successful Computerized VehicleRegistration (CVR) model, which was the first ADP - Reynolds and Reynolds jointventure launched in 1992 with the three-way benefit of simplifying the vehicleregistration process for the state, the dealer and the consumer. Used by over9,000 dealerships in 24 states throughout the U.S., CVR provides the state aconsistent way to embed vehicle registrations into dealers systems, includingnon-ADP and non-R&R clients. It also gives the dealer a more efficient salesprocess and saves the consumer a trip to the local DMV. As with CVR, Open Dealer Exchange will also provide a three-way benefit, thistime by changing the finance presentation model within dealerships. Open DealerExchange will pave the way for future improvements to the sales process thatincrease dealers profitability, provide greater lending options, and create asuperior buying experience. Also similar to CVR, Reynolds and Reynolds and ADPwill remain fierce competitors. "ODE is an open platform, and will deliver integration and related services tonon-ADP and non-R&R dealer system providers, other finance sources that serveauto and truck retailers, and other portal finance source networks," addsZwolan.

About Open Dealer ExchangeOpen Dealer Exchange offers automotive, truck and power sports finance sourcesthe ability to embed their branded transactions into point-of-sale (POS) systemsused by automotive dealers to conduct business both in the showroom and online.A joint venture between Automatic Data Processing and Reynolds and Reynolds,Open Dealer Exchange exists to improve the overall vehicle finance processwithin automotive retailers throughout the United States and Canada. For moreinformation about Open Dealer Exchange, visit us at About ADPAutomatic Data Processing, Inc. (NYSE: ADP), with nearly $9 billion in revenuesand over 585,000 clients, is one of the world's largest providers of businessoutsourcing solutions. Leveraging nearly 60 years of experience, ADP offers thewidest range of HR, payroll, tax and benefits administration solutions from asingle source. ADP's easy-to-use solutions for employers provide superior valueto organizations of all types and sizes.

ADP is also a leading provider ofintegrated computing solutions to auto, truck, motorcycle, marine andrecreational vehicle dealers throughout the world. For more information aboutADP or to contact a local ADP sales office, reach us at 1-800-225-5237 or visitthe company's Web site at About Reynolds and Reynolds:Reynolds and Reynolds () is a leading provider of integratedsolutions that help automotive retailers manage change and improve theirprofitability. With 75 years of experience serving automotive retailing,Reynolds enables car companies and retailers to work together to build thelifetime value of their customers. The company's award-winning software, serviceand training solutions include a full range of retail and enterprise managementsystems; networking and support; e-business applications; Web services; learningand consulting services; CRM solutions, document and data management and leasingservices. Copyright Business Wire 2009.