Authentidate Holding Corp. Retains Wolfe Axelrod Weinberger Associates LLC as Its Investor Relations Firm

BERKELEY HEIGHTS, N.J., Aug. 3 /PRNewswire-FirstCall/ -- Authentidate Holding Corp. (Nasdaq: ADAT), a worldwide provider of secure health information exchange, workflow management services and telehealth solutions, today announced that it has retained Wolfe Axelrod Weinberger Associates LLC as its investor relations firm to communicate the company's strategic goals and business developments thereby enhancing shareholder value.

Ben Benjamin, President of Authentidate, stated, "Authentidate has decided to retain Wolfe Axelrod Weinberger as our investor relations firm because of their experience supporting companies with comparable backgrounds and in markets similar to ours. We have strong product offerings in exciting markets and we feel that Wolfe Axelrod Weinberger can help deliver Authentidate's clear and consistent value proposition to investors and business prospects alike. The healthcare market is complex and often calls for partnerships or relationships that will allow us to serve our customers better and we feel that WAW is well positioned to help us achieve our goals. We expect that WAW will help us realize greater overall value for our shareholders."

About Authentidate Holding Corp.

Authentidate Holding Corp. (Nasdaq: ADAT) is a worldwide provider of secure health information exchange, workflow management services and telehealth solutions.  The company's software and web-based services enable healthcare organizations and other enterprises to increase revenues, reduce costs and enhance patient care by eliminating paper and manual work steps from clinical and administrative processes. The web-based services are delivered as Software as a Service (SaaS), and only require that customers have an Internet connection and web browser. The company's healthcare customers and users include leading homecare companies, health systems and physician groups. These organizations utilize the company's products and services to coordinate care for patients outside of acute-care.

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® Electronic Postmark® (USPS EPM®).

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

About Wolfe Axelrod Weinberger Associates LLC

Wolfe Axelrod Weinberger Associates LLC (WAW) has been representing publicly traded emerging growth companies to both Wall Street and Main Street for over 25 years.  WAW designs and implements pro-active, creative and aggressive programs that enable our clients to lower their cost of capital and capture the attention they deserve from the investment community and the media.

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 and Inscrybe are registered trademarks of Authentidate Holding Corp.  All other trade names are the property of their respective owners.

SOURCE Authentidate Holding Corp.