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Non-Tech : Automatic Data Processing (ADP)

ADP 257.15

-1.2%

3:59 PM EST

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To: JakeStraw who wrote (8)	5/7/2003 8:30:46 AM
From: JakeStraw	Read Replies (1) of 70

ADP Signs Outsourcing Deal with ETrade Tuesday May 6, 8:29 am ET biz.yahoo.com NEW YORK (Reuters) - Automatic Data Processing Inc. (NYSE:ADP) on Tuesday said it signed an agreement with ETrade Inc. (NYSE:ET) to convert the online brokerage's back office books and records system to ADP. ADP, the largest U.S. payroll company, said the contract with E*Trade is for 10 years. It did not disclose details on the value of the pact.

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