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Authentidate Buys Back Shares of its Common Stock
Date:4/6/2009

Company acquires 547,000 shares of its common stock in buyback

Certain Authentidate board members and management team members purchase approximately one million shares of company's common stock

BERKELEY HEIGHTS, N.J., April 6 /PRNewswire-FirstCall/ -- Authentidate Holding Corp. (Nasdaq: ADAT), a worldwide provider of secure Health Information Exchange and workflow management services, today announced that the company acquired 547,000 shares of its common stock from a large shareholder at a purchase price of $0.27 per share, representing a moderate discount to the 30-day trailing average closing price on the day, in a private transaction on March 31, 2009.

In addition, Ben Benjamin, President of Authentidate, Bill Marshall, CFO of Authentidate, and certain members of the company's board of directors, purchased an additional 990,000 shares from the same large investor, at a purchase price of $0.275 per share.

In total, the purchases represent approximately 4% of the company's common stock outstanding as of the filing of its most recent 10-Q with the SEC on February 10, 2009.

"The share purchases that were completed last week by the company and certain members of the board of directors and members of the management team underscores our confidence in the company's business model," said Mr. Benjamin. "We have made significant progress in identifying and addressing the needs of several large markets within the healthcare industry since I took over the role of president at Authentidate a little more than a year ago. Looking toward the year ahead, we are excited about the company's prospects as we move forward with these programs."

About Authentidate Holding Corp.

Authentidate Holding Corp. is a worldwide provider of secure Health Inform
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SOURCE Authentidate Holding Corp.
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