AuthentiDate Holding Corp. Announces New Contract to Implement TracMed's CareCert Electronic Forms Solution.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 its healthcare solutions division, Trac Medical Solutions (TracMed), has entered into a master service agreement with Lincare Holdings Inc., a leading provider of oxygen and other respiratory therapy respiratory therapy Medical profession concerned with assisting the respiratory function of individuals who have severe lung disorders. Practices include suctioning to clear secretions from the airway, use of aerosol mists (sometimes medicated) or gases to ease breathing, services delivered to patients in the home. Under this agreement, Lincare will implement TracMed's CareCertES(TM), a Web-based solution that automates and speeds the process of securing and authenticating electronic healthcare forms. With more than 700 locations in 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. , Lincare is the second largest provider of home medical equipment. The top five home medical equipment suppliers, including Lincare, have chosen TracMed as their provider of choice for electronic healthcare forms. While financial terms weren't disclosed, TracMed will generate revenue through monthly license and transaction fees, which will largely be impacted by physician adoption. A fully HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, compliant electronic solution, CareCert is the home medical equipment industry standard for processing electronic Certificates of Medical Necessity (eCMNs) and Written Orders. Electronic files created through CareCert are sealed with the United States Electronic Postmark(R) (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. (R)), which brings legal trust and security to each transaction. CareCert offers healthcare providers a secure, speedy and efficient solution to process forms online. "We continue to make strides in providing the healthcare community with a fast, efficient and easy to use alternative to paper forms processing," said Jeffrey Frankel Jeffrey Alexander Frankel (born November 5, 1952 in San Francisco, California) is a Professor of Economics at Harvard University's Kennedy School of Government. A member of the Council of Economic Advisors under President Bill Clinton, Frankel is a noted international , president, TracMed. "Our team is actively working with Lincare and other providers on the rollout of our CareCert solution." Additional information about TracMed's CareCert technology and the eCMN solution is available at www.tracmed.com. About Lincare Lincare, headquartered in Clearwater, Florida Clearwater is a city located in central Pinellas County, Florida, USA, nearly due west of Tampa. As of the 2000 census, the city had a total population of 108,787; however, according to the 2005 U.S. Census Bureau's estimates, the city's population fell slightly to 108,687. , is one of the nation's largest providers of oxygen and other respiratory therapy services to patients in the home. The Company provides services and equipment to over 520,000 customers in 47 states. 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 the holding company of five business units: DocStar, AuthentiDate International AG, AuthentiDate, Inc., DJS Marketing Group/Computer Professionals International and Trac Medical Solutions, Inc. DocStar sells proprietary document imaging software that includes the AuthentiDate technology. AuthentiDate and AuthentiDate AG provide the authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC. (2) Verifying the identity of a user logging into a network. of digital data through its proprietary and patent pending technology. AuthentiDate intends to establish itself as the authority on "content security" as it is a growing sector of the electronic network security infrastructure market. DJS delivers professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. centered around technology systems integration projects, staff augmentation, out-tasking, outsourcing services and resells computer related products. Trac Medical offers an electronic form processing solution and utilizes the AuthentiDate technology to prove the authenticity of the content represented in completed healthcare forms. 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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