March 14, 2007 09:00 ET

ADP Completes Acquisition of Intuit's Fully Outsourced Payroll Business

Acquisition Expands ADP's Presence in the Small Business Space Delivering Fully Outsourced Payroll Solutions

ROSELAND, NJ -- (MARKET WIRE) -- March 14, 2007 --ADP® Employer Services (ES), a division of Automatic Data Processing, Inc. (NYSE: ADP), a leader in outsourced payroll, HR and benefits administration solutions, today announced it has completed the acquisition of Intuit Inc.'s fully outsourced payroll business. With the close of the transaction, Intuit will begin transitioning up to 25,000 of its Premier customers and a portion of the company's Complete Payroll customers to ADP.

"This acquisition complements ADP's growth strategy and expands its presence in the small business space," said Alan Sheiness, President, ADP Small Business Services. "We are delighted to provide these new clients with our simple, cost-effective fully outsourced payroll solutions. These clients join the nearly 400,000 other small businesses that already demonstrate their trust in ADP every payday."

ADP Small Business Services is dedicated to providing payroll and related products and services for businesses with fewer than 50 employees. With more than 55 years of proven experience, ADP's range of affordable solutions and responsive client service is a best-in-class choice for Intuit's fully outsourced customers. The easy-to-use, affordable ADP solutions handle the calculation and administrative work of payroll and compliance so business owners can focus on their core business. For more information on ADP Small Business Services, please visit:

About ADP:

Automatic Data Processing, Inc. (NYSE: ADP), with nearly $9 billion in revenues and more than 570,000 clients worldwide, is one of the largest providers of a broad range of premier, mission-critical, cost-effective transaction processing and information-based business solutions. Employer Services (ES), a division of ADP, offers the widest range of HR, payroll, and benefits administration solutions from a single source, to meet the extensive business needs of employers worldwide. Built with more than 50 years of industry experience, ADP ES' cost-effective, easy-to-use solutions provide superior value to companies of all sizes. Approximately 540,000 companies rely on ADP ES for unparalleled service and compliance expertise, allowing them to focus on other core activities. For more information about ADP ES or to contact a local ADP sales office, reach us at 1.800.225.5237 or visit the company's Web site at

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