AuthentiDate Announces Decision to Replace Auditors.SCHENECTADY, N.Y. -- AuthentiDate Holding Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ADAT (Alesis Digital Audio Tape) A digital audio recording technology from Alesis, LLC, Cumberland, RI (www.alesis.com). In 1992, Alesis introduced the first 8-track digital tape recording system. ) announced that it has dismissed PricewaterhouseCoopers LLP LLP - Lower Layer Protocol as its independent registered public accounting firm. The Company stated in a filing with the Securities and Exchange Commission that it has had no disagreement with PricewaterhouseCoopers over the last two fiscal years on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure. The Company said that it has begun the process of selecting a new auditing firm and believes that the process will be completed in a timely manner so as not to impact the Company's reporting of financial results. The Company stated that it will report its financial results for the quarter ended March 31, 2005 in a timely fashion and following its customary procedure, will host a conference call with investors after the results are released. About AuthentiDate Holding Corp. AuthentiDate Holding Corp. (AHC AHC Appalachian Hardwood Center AHC American Heritage Center (University of Wyoming, Laramie, WY) AHC American Horse Council AHC Association for History and Computing AHC Australian Heritage Commission AHC Assault Helicopter Company ) is a worldwide provider of content authentication technology, a growing sector of the security software market. The Company provides secure document management solutions, enterprise network security products and services, and enterprise workflow management solutions that incorporate its proprietary authentication technology. AuthentiDate's offerings include the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Postal Service postal service, arrangements made by a government for the transmission of letters, packages, and periodicals, and for related services. Early courier systems for government use were organized in the Persian Empire under Cyrus, in the Roman Empire, and in medieval Electronic Postmark Service (USPS (1) (Uninterruptible Switching Power Supply) A power supply for a computer that contains its own battery and uninterruptible power supply (UPS) circuitry. See power supply and UPS. EPM EPM equine protozoal myeloencephalitis. ), electronic signing solutions, electronic forms processing solutions, document imaging software, and professional services related to the above. 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. |
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