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ADP Acquires the Argus Group for On-demand Communications

Wednesday, May 08, 2002

Press release from the issuing company

NEW YORK--May 7, 2002--ADP Investor Communication Services, a division of Automatic Data Processing, announced today the acquisition of the Argus Group. The acquisition formalizes the relationship and synergy developed between the organizations after a sales and marketing agreement was established last year. Baltimore-based Argus Group is a national provider of on-demand communications for the financial services and health care industries. The Argus Group unifies documents in an Internet-based, intelligent content management system allowing clients to view, modify, and select the material from electronic libraries for on-demand printing and fulfillment. After receiving these selections, the Argus Group electronically customizes and personalizes the communications. Many of the largest 401(k) providers rely on Argus to provide their clients with customized literature. Steve Wigler, president of the Argus Group says, "Our strategy is to be the highest quality provider of on-demand communications services. Joining with ADP strengthens our ability to deliver large-scale on-demand services through ADP's World Class production centers. With ADP, we will broaden the services we provide for our clients, and our staff is pleased to belong to a large organization that is dedicated to associate satisfaction." Uniting Argus Group's unique methods of creating highly personalized communications with ADP's dynamic production and distribution capabilities supports ADP's single source solution within the financial services community. "A smooth, efficient and logical workflow naturally emerges when creative and production functions are joined," says Gerard Scavelli, senior vice president, ADP Investor Communication Services. "We continue to extend and strengthen the range of our talent and resources as our clients seek to be competitive in servicing their customers."




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