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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 t
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SOURCE Authentidate Holding Corp.
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