Authentidate Receives Information Technology Equipment Schedule 70 Contract From the U.S. General Services Administration (GSA)

Authentidate logo

BERKELEY HEIGHTS, N.J., June 23, 2014 (GLOBE NEWSWIRE) -- Authentidate Holding Corp. (Nasdaq:ADAT), a provider of secure web-based software applications and telehealth products and services for healthcare organizations, today announced it has been awarded an Information Technology Equipment Schedule 70 contract by the U.S. General Services Administration (GSA), the procurement arm of the Federal government.

The GSA establishes long-term, government-wide contracts with commercial vendors to streamline and standardize the process of procuring products and services for the entire Federal government. Authentidate's inclusion as a GSA Schedule 70 vendor enables all government agencies to purchase Inscrybe Discharge and Inscrybe Referral and Order Management services and solutions from the company, including all of the hospitals owned by the Veterans Administration (VA), the Department of Defense (DoD) and any other government-owned hospital or healthcare facility.

The GSA Schedule 70 award is the culmination of a rigorous process in which the GSA carefully evaluates companies to determine their proficiency and suitability for providing products and/or services to the Federal government. Authentidate's GSA contract number is GS-02F-180AA.

"In awarding Authentidate a GSA Schedule 70 contract, the Federal government is recognizing the company as a qualified vendor that is fully authorized to conduct business directly with Federal government agencies," said Ben Benjamin, Chief Executive Officer at Authentidate. "This award significantly increases the addressable market for our Inscrybe solutions, as it qualifies us to offer our efficient and cost-effective solutions to hospitals and healthcare facilities owned by the Veterans Administration (VA), the Department of Defense (DoD) and any other government agencies. Our GSA Schedule 70 contract allows government agencies to purchase our solutions to assist them in streamlining and automating critical systems and processes and ultimately enhancing the delivery of health care services to our veterans, active military personnel, their families, and other patients served by our government healthcare providers."

For more information about Authentidate's Inscrybe Discharge and Inscrybe Referral and Order Management services and solutions, please visit the company's website at www.authentidate.com

About Authentidate Holding Corp.

Authentidate Holding Corp. is a provider of secure web-based software applications and telehealth products and services that enable healthcare organizations to coordinate care for patients and enhance related administrative and clinical workflows. Authentidate's products and services enable healthcare organizations to increase revenues, reduce costs and enhance patient care by eliminating paper and manual work steps from clinical and administrative processes. Authentidate's telehealth solutions combine patient vital signs monitoring with a web application that streamlines patient care management. Delivered as Software as a Service (SaaS), customers only require an Internet connection and web browser to access our web-based applications thereby utilizing previous investments in systems and technology. The company's healthcare customers and users include leading homecare companies, health systems, physician groups and governmental entities. These organizations utilize the company's products and services to coordinate care for patients outside of acute-care.

For more information, visit the company website 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, 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, Inscrybe and InscrybeMD are registered trademarks of Authentidate Holding Corp. All other trade names are the property of their respective owners.

CONTACT: Media Contacts: Peter Seltzberg, Hayden IR, peter@haydenir.com (646) 415-8972 Brett Maas, Hayden IR, Brett@haydenir.com (646) 536-7331

Source:Authentidate Holding Corp.