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ADP/SIS Enhances POSSE Broker Desktop Application with Consolidated Portfolio Reporting

Wheat Ridge, Colorado - June 28, 2004 - ADP/Securities Industry Software (ADP/SIS), a division of Automatic Data Processing, Inc.'s (NYSE: ADP) Brokerage Services Group, announced the availability of version 4.9 of POSSESM, its premier broker desktop application. New consolidated portfolio reporting in POSSE 4.9 gives financial advisors a real-time, aggregated view of a client's assets held across numerous accounts at the firm as well as the ability to provide presentation-quality reports. The release also features a new bulk reporting capability that financial advisors can use to quickly generate a variety of portfolio reports for any number of accounts.

Financial advisors will be able to improve their service to clients through an increased understanding of the client's overall investment diversification. For example, a client's IRA, margin, trust, and 401K account holdings can be consolidated and reported on by security classification or industry sector, giving the financial advisor and client the information required to make an informed decision.

Paul Fahey, Vice President & Branch Manager with D. A. Davidson & Co. said, "With POSSE 4.9 our financial advisors have immediate, real-time, access to their clients' portfolios and can combine a client's accounts into one consolidated report. This provides an excellent advantage in managing our clients' assets."

Kevin Schmidt, Retail Sales Manager with City Securities Corporation commented, "POSSE gives us an efficient way to look at detailed client portfolios. It's easy to use and with 24x7 access to accounts, we are able to effectively meet our daily transaction needs. The bulk reporting and links functions in POSSE 4.9 are great new tools. We are pleased with ADP/SIS's quarterly updates to POSSE and excited about future enhancements."

David Swift, General Manager of ADP/SIS said, "The addition of consolidated portfolio reporting in this POSSE release will help our clients extend their competitiveness and increase their service levels to their clients. Financial advisors now have the ability to analyze all their clients' accounts and investments, allowing them to create comprehensive financial plans. This release delivers the foundation of our wealth management strategy."

POSSE is ADP/SIS's browser-based desktop application designed with the productivity needs of the sales professional in mind: quick, real-time access to client and product information including contact management capability, portfolio charts and reports, real-time tax lot accounting, sales and commission calculation tools, real-time market data, and easy order entry. POSSE is fully integrated with ADP/SIS's order entry, fixed income offering, and back office accounting applications.

As a leading provider of securities and information processing software solutions, ADP/SIS specializes in serving discount and electronic-based retail brokerages, as well as correspondent clearing, day trading, regional broker dealers, banks and institutional firms.