SOURCE: ADP

October 10, 2006 16:01 ET

ADP Expands Pre-Employment Services Suite With Acquisition of VirtualEdge

Complete Suite of Pre-Employment Services Now Includes Essential Professional Recruiting and Vendor Management Tools

ROSELAND, NJ -- (MARKET WIRE) -- October 10, 2006 -- ADP® Employer Services (ES), a division of Automatic Data Processing, Inc. (NYSE: ADP), a leading provider of outsourced payroll, benefits and HR services, today completed the acquisition of VirtualEdge Corporation, an innovator in the field of recruiting and talent lifecycle management solutions for HR organizations. The acquisition of VirtualEdge significantly expands ADP's Pre-Employment Services suite by providing expert professional recruiting solutions for mid-market, large and global organizations.

"After a thorough review of the marketplace, we believe VirtualEdge offers a unique solution that fits perfectly with ADP's product strategy. The products and services offered by VirtualEdge are among the best in the industry. They have created an application that is modular and flexible, and is easily adapted to fit the hiring needs of our client base. We are particularly excited about VirtualEdge's ability to deliver hiring solutions for our larger clients including those in ADP's ES International and Comprehensive Outsourcing Services (COS) markets. Additionally, by the end of this calendar year we plan to integrate VirtualEdge into ADP's Enterprise HR solution, serving large ADP National Accounts clients with 1,000 or more employees, and ADP GlobalView products, which serve ADP multi-national and international clients," said Campbell Langdon, Division President, ADP Tax, Retirement and Pre-Employment Services.

The acquisition of VirtualEdge is a major step in ADP's commitment to the pre-employment marketplace. This acquisition, coupled with ADP's recent formation of the Pre-Employment Services group focusing solely on the resource hiring needs of our clients, positions ADP with the tools to help our clients find and hire the best talent for their organization. The new recruiting and vendor management tools will be fully integrated with ADP's Screening and Selection Services and Tax Credit Services offerings as well as ADP payroll, third party payroll and in-house payroll/HR systems.

"The combination of VirtualEdge's professional recruiting and data management expertise with ADP's trusted HR outsourcing solutions will provide a powerful solution for employers," said Diane Smith, Chief Executive Officer, VirtualEdge Corporation. "We plan to continue our tradition of providing expert services to our customers. We have differentiated ourselves by providing a product truly engineered for the recruiter and hiring manager. As we become a part of ADP, we see a natural synergy that will deliver improved efficiencies and benefits to our customers, and extend the reach of our services to ADP's vast client base."

For more information on ADP Pre-Employment Services, visit www.nas.adp.com and click on the Pre-Employment Services tab.

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 www.ADP.com.

About VirtualEdge:

VirtualEdge was founded in 1998, offering expertise in professional and high volume recruiting practices for over 100 customers in 80 countries and 20 languages. VirtualEdge built its market-leading reputation on an expert approach to solving recruiting issues for employers, a high-touch implementation methodology, easy integrations to pre-employment screening tools and payroll/HR systems, and operating on a single code platform with combined high volume and professional recruiting systems. For more information about VirtualEdge, visit www.virtualedge.com.

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