Authentidate Holding Corp. Retains KCSA Worldwide As Financial Communications Counsel
SCHENECTADY, N.Y.
October 20, 2005
Authentidate Holding Corp. (Nasdaq: ADAT) announced today it has retained the investor relations services of KCSA Worldwide, a leading New York-based communications firm, to implement a comprehensive communications campaign.
Suren Pai, President and Chief Executive Officer of Authentidate Holding Corp., stated, "We understand the importance of proactive communications with our shareholders following the strategic shift of our business to a solutions-based model. As we continue to grow the business, we look forward to working with KCSA to effectively communicate our growth strategy and operational progress to the market."
Todd Fromer, Managing Partner of KCSA Worldwide, stated, "We are excited to work with Authentidate. The Company presents a compelling story and management has expressed a strong commitment to increase awareness among its core constituents. We look forward to providing our services in support of Authentidate's communications initiatives."
About KCSA Worldwide
KCSA Public Relations Worldwide is a leading public and investor relations firm with practice areas in public relations, investor relations, corporate and marketing communications, and design and graphics. KCSA is the U.S. partner of European Communication Partners, a network of public relations firms in EEC countries and Canada, and the U.S. member of IR Asia-Pacific Ltd., the world's first network of independent investor relations consultancies. The firm has strategic alliances in Australia, Israel, Russia and South America.
About Authentidate Holding Corp.
Authentidate Holding Corp. (AHC) is the holding company which operates its software and services businesses in three segments: the Security Software Solutions Segment (fka Authentidate Segment, including Authentidate, Inc., Trac Medical Solutions, Inc. and Authentidate International AG), the Document Management Solutions Segment (fka Docstar Division) and the Systems Integration Segment (fka DJS). The Company is a worldwide provider of secure enterprise workflow management solutions that incorporate its proprietary and patent pending content authentication technology. Authentidate's offerings include the United States Postal Service(R) Electronic Postmark(R) Service (USPS(R) EPM(R)), electronic signing solutions, and electronic forms processing solutions. Authentidate also provides secure document management solutions, and enterprise network security products and services.
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.
SOURCE Authentidate Holding Corp.
