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ADP Acquires Tax Incentives Business of Mintax, Inc.


Acquisition Provides Additional Tax Credit & Economic Incentives Services for ADP Clients

ROSELAND, New Jersey -- August 31, 2006 -- ADP Employer Services, a leading provider of outsourced payroll, benefits and HR services, today announced the acquisition of the tax incentives business of Mintax, Inc. based in East Brunswick, New Jersey. The acquisition expands ADP’s existing portfolio of tax incentive services and reinforces ADP’s commitment to serving the needs of the market. Mintax’s talent pool and strong presence in the Northeast United States complement ADP’s overall expertise and geographic reach.

“ADP is pleased to bring Mintax’s products and services into ADP’s line of integrated business solutions,” said Campbell Langdon, President, ADP Tax, Retirement and Pre-Employment Services. “The acquisition of Mintax’s tax incentives business will be exceptionally valuable to ADP payroll clients; however it will also be of significant value to those using other payroll solutions. These tax credit and economic incentive programs, supported by federal, state and local governments, can significantly reduce clients’ operating costs.”

With a large team of tax and economic incentive specialists, a commitment to service excellence and a comprehensive suite of tax incentive solutions, Mintax has provided customized turnkey tax solutions to thousands of companies for more than 25 years.

“This acquisition represents a significant win for our clients, as it will enable us to provide an increasingly broad portfolio of products and services backed by the world class service and resources of a financially strong Fortune 500 company,” said Phil Schepel, President, Mintax, Inc.

ADP’s Tax Credit Services are currently offered to organizations with 50 or more employees. Employers can take advantage of a complete tax solution or choose to pursue individual credits and incentives based upon their needs.

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. ADP® 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

For more information about ADP Tax Credit Services call 1.800.327.4021 or visit us at

About Mintax, Inc.

With a large team of tax experts, Mintax, Inc. has been a leader in securing tax credit and economic incentives for corporate clients for over 25 years. Mintax offers customized turnkey tax solutions for companies looking to take full advantage of the many tax credits and incentives that are available via federal, state and local programs.

Mintax has assisted thousands of companies in the areas of State Tax Incentives and Credits, Economic Development Services, Location Advisory Services, Research and Development Incentives, Federal Hiring Credits, Sales and Use Incentives and Recoveries, Training Grant Programs, the Purchase and Sale of Tax Credits and NOLs and State Specific Grant Programs.


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