Authentidate Sports Edition Names Jay Rosenstein President and CEO
NEW YORK, NY
Jan. 4, 2002
AuthentidateSE (Authentidate Sports Edition), a subsidiary of Authentidate Holding Corporation (Nasdaq: ADAT), today announced that Jay Rosenstein, who has held executive positions in the sports industry for three decades, has been named President and CEO.
Rosenstein, 53, is perhaps best known for his seven years as vice president of programming for CBS Sports, during which time he was responsible for the acquisition, scheduling and administration of all network sports properties, including the 1992 and 1994 Olympic Winter Games. During his 15 years at CBS, he was also vice president of business development for CBS/Broadcast International, a vice president of the CBS/Broadcast group, and director of press relations for CBS Sports.
He was, most recently, vice president of programming for WeMedia Sports, which produced 12 hours of television coverage of the 2000 Paralympic Games from Sydney, Australia, and delivered the most ambitious live Webcast ever attempted for a sports event.
Under his guidance, Authentidate SE is expected to continue to increase market share in the growing field of sports memorabilia authentication. The company provides a service to memorabilia manufacturers by offering independent, third-party oversight for athlete/celebrity signings, and a product for consumers - a laminated certificate of authenticity which can be transferred and re-registered when the item is sold. The certificate includes a digital photograph of the celebrity signing the actual piece of merchandise that the consumer owns, along with a registration number on file in the secure Authentidate SE database.
"This segment of the sports industry needs to gain credibility and grow with integrity," Rosenstein said. "I look forward to the opportunity to help build the most respected and recognized organization that will contribute to that effort."
Stated John T. Botti, President and CEO of Authentidate Holding Corporation, "The $1.1 billion sports memorabilia field has suffered in recent years from well-publicized actions by the FBI in breaking cases involving fraud. Authentidate saw this as an opportunity to offer third party oversight for companies in the memorabilia business, as well as to provide consumers with a greater level of confidence in their acquisitions. Given Jay’s leadership in the world of sports, he is the perfect choice to expand this business and take it to the next level."
Jay Rosenstein has also run his own consulting company, JrosensteinMedia LLC; headed the sports and events group at Young and Rubicam's Cohn & Wolfe public relations subsidiary; and served as a vice president of Ohlmeyer Communications in 1987.
"Consumers of autographed memorabilia need the confidence to know that what they purchase is legitimate," noted Rosenstein. "Authentidate SE has recognized this need and has the technical expertise to deliver it. Through our company’s resources, we expect to make Authentidate SE the symbol of trust and security for manufacturers, distributors and consumers."
Authentidate SE is headquartered at 360 Fifth Avenue in New York City following the September 11 damage to its offices at 2 World
About Authentidate Holding Corporation
Authentidate Holding Corp. is the parent company of four businesses: Authentidate™ Inc., DocSTAR, DJS Marketing Group/Computer Professionals International and Trac Medical Solutions, Inc. Authentidate, Inc. has patent-pending status for its innovative technology that can verify the authenticity of digital data with virtual certainty. DocSTAR is a complete solution for storing and retrieving paper files electronically. DJS Marketing Group/Computer Professionals International performs computer integration services and markets computer products. Trac Medical is a developer of solutions that utilize the Internet and Authentidate technology to improve speed, accuracy and security in processing medical forms.
This release contains forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Although the company believes the expectations contained in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, factors detailed in the Company’s Securities and Exchange Commission filings. |
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