ADP 2008 Annual Report Download - page 6

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Please find page 6 of the 2008 ADP annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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ADP’ s services are provided under written price quotations or service agreements having varying terms and conditions. No one price
quotation or service agreement is material to ADP. Discounts, rebates and promotions offered by ADP to clients are not material.
Systems Development and Programming
During the fiscal years ended June 30, 2008, 2007 and 2006, ADP invested $611 million, $609 million and $551 million, respectively, from
continuing operations, in systems development and programming, migration to new computing technologies and the development of new
products and maintenance of our existing technologies, including purchases of new software and software licenses.
Product Development
ADP continually upgrades, enhances and expands its existing products and services. Generally, no new product or service has a significant
effect on ADP’ s revenues or negatively impacts its existing products and services, and ADP’ s products and services have significant remaining
life cycles.
Licenses
ADP is the licensee under a number of agreements for computer programs and databases. ADP’ s business is not dependent upon a single
license or group of licenses. Third-party licenses, patents, trademarks and franchises are not material to ADP’ s business as a whole.
Number of Employees
ADP employed approximately 47,000 persons as of June 30, 2008.
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