Navigation Links
Authentidate Holding Corp. Successfully Defends Against Class Action Lawsuits
Date:3/26/2009

BERKELEY HEIGHTS, N.J., March 26 /PRNewswire-FirstCall/ -- Authentidate Holding Corp. (Nasdaq: ADAT), a worldwide provider of secure Health Information Exchange and workflow management services, today announced that the United States District Court for the Southern District of New York dismissed with prejudice shareholder class actions filed between June and August 2005 against the Company and certain current and former directors and former officers. The Company has no information as to whether plaintiffs intend to appeal this decision.

"We are pleased that the Court has dismissed this action in favor of Authentidate," stated Ben Benjamin, President of Authentidate Holding Corp. "Authentidate's Board of Directors and management team will continue to concentrate their time and resources on developing the Company's business."

About Authentidate Holding Corp.

Authentidate Holding Corp. is a worldwide provider of secure Health Information Exchange and workflow management services. The Company's software and web-based services enable healthcare organizations and other enterprises to increase revenues, improve productivity and reduce costs by eliminating paper and manual work steps from clinical, administrative and other processes and enhancing compliance with regulatory requirements. The web-based services are delivered as Software as a Service (Saas) to customers. These solutions incorporate rules-based electronic forms, intelligent routing, transaction management, electronic signatures, identity credentialing, content authentication and automated audit trails. Both web and fax based communications are integrated into automated and trusted workflow solutions. The Company has offices in the United States and Germany. In the United States, Authentidate offers its patent pending content authentication technology in the form of the United States Postal Service(R) Electronic Postmark(R) (EPM).

For more information, visit the Company's website at www.authentidate.com.

This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Act of 1934. When used in this release, the words "believe," "anticipate," "think," "intend," "plan," "will be," "expect," and similar expressions identify such forward-looking statements. Such statements regarding future events and/or the future financial performance of the Company are subject to certain risks and uncertainties, which could cause actual events or the actual future results of the Company to differ materially from any forward-looking statement. Such risks and uncertainties include, among other things, the availability of any needed financing, the Company's ability to implement its business plan for various applications of its technologies, related decisions by the USPS, the impact of competition, the management of growth, and the other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. In light of the significant risks and uncertainties inherent in the forward-looking statements included herein, the inclusion of such statements should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.

Authentidate is a registered trademark of Authentidate Holding Corp. Inscrybe is a trademark of Authentidate Holding Corp. All other trade names are the property of their respective owners.

    Investor Contacts:
    Todd Fromer / Garth Russell
    KCSA Strategic Communications
    212-896-1215 / 212-896-1250
    tfromer@kcsa.com / grussell@kcsa.com


'/>"/>
SOURCE Authentidate Holding Corp.
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Authentidate Holding Corp. to Report Fourth Quarter and Fiscal 2007 Year End Results on Thursday, September 13, 2007
2. Hays AG Integrates Authentidate(R) Signature Solution for Electronic Invoicing
3. Advanced Home Care Extends Its Use of Authentidates Inscrybe(TM) Healthcare Platform
4. Wheelchair Professionals Selects Authentidates Inscrybe Healthcare Platform to Streamline Mobility Order Processing
5. Leading Provider United Seating & Mobility Implements Authentidates Inscrybe Healthcare Platform to Standardize and Streamline Administrative Processes
6. Authentidate Holding Corp. Announces Results From Annual Meeting of Stockholders
7. Authentidate and EncounterCare Form ExpressMD Solutions Joint Venture to Provide Telehealth Vital Signs Monitoring Systems Designed to Improve Chronic Illness Care for Patients
8. WILLCARE Chooses Authentidates Inscrybe(TM) Healthcare Service to Streamline Operations and Enhance Business Growth
9. Authentidate Announces Termination of Merger Agreement With Parascript, LLC
10. Authentidate Holding Corp. to Report Second Quarter Fiscal 2009 Results on Thursday, February 12, 2009
11. Authentidate Holding Corp. Reports Fiscal 2009 Second Quarter Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/3/2016)... ... ... to address a patient’s condition before it worsens will ultimately lower the cost of healthcare—and ... right thing, at the right time, at the right dose with the right patient … ... FAAFP, from Group Practice Forum. “Even if the cost of the treatment might be a ...
(Date:5/3/2016)... ... , ... LunchSkins is changing the future of ocean plastic pollution ... away plastic baggies. The mission-driven bags give back to global leaders in the fight ... mission is all about reducing global plastic waste and we’ve teamed up with ...
(Date:5/3/2016)... ... May 03, 2016 , ... Dave Newberry, broker/owner of ... Care Center (PICC) annual fundraiser luncheon on Friday, May 20. “We have raised ... smallest victims of drug abuse,” said Newberry. , PICC is a local Kent, WA, ...
(Date:5/3/2016)... ... May 03, 2016 , ... ... rulemaking (NPRM) issued by the Office of the National Coordinator for Health IT ... and take action when necessary, including suspending and terminating certifications issued to Complete ...
(Date:5/2/2016)... , ... May 02, 2016 , ... It has just ... the keynote speaker for five events throughout the month of May. , Uldrich is ... of national news outlets. He also frequently appears on the Science Channel’s FutureScape and ...
Breaking Medicine News(10 mins):
(Date:5/2/2016)... , May 2, 2016 ... reach USD 11.1 billion by 2024, according to ... Inc. Major drivers of the sonography market include ... and government recommendations for periodic ultrasound screenings of ... (Logo: http://photos.prnewswire.com/prnh/20150105/723757 ) High ...
(Date:4/29/2016)... , April 29, 2016 ... Directeur Financier Sanofi, leader ... publie ses résultats pour le premier ... Groupe, Jérôme Contamine, commente les résultats ... les perspectives pour le reste de ...
(Date:4/28/2016)... NEW YORK , April 28, 2016 /PRNewswire/ ... will notably complement the company,s valve repair and ... the move also places Abbott more firmly into ... one of the fastest growing device areas, with ... to its recent report,  Advanced Remote Patient ...
Breaking Medicine Technology: