Authentidate Broadens Its Market Reach With the Launch of Inscrybe(TM), a Fast, Flexible and Efficient Information Exchange Platform for the Healthcare Industry
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Mon, 16 Oct 2006 13:12:00 GMT |
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Authentidate Holding Corp. |
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Designed to protect all information passed through its network with the strongest content and process integrity capabilities available today, all transaction activity going across the Inscrybe network is subject to strict process controls, facilitating compliance with industry regulations. Inscrybe Healthcare is designed to offer seamless interoperability with existing in-house or other external healthcare systems. Finally, as is the case with Authentidate's earlier applications, Inscrybe provides process integrity and content authentication capabilities whether an information system is fax-based, electronic or both. "We are making strides in penetrating a vast and complex compliance-driven market. By working with our existing customers, we have enhanced our value proposition for HMEs, and we are now expanding our addressable base of customers to other segments of the healthcare sector," said Suren Pai, President and Chief Executive Officer of Authentidate. He added, "Inscrybe is a powerful, highly configurable, enterprise-class platform that brings together for our customers an integrated suite of capabilities to support their interactions with a variety of industry participants. It positions us to rapidly bring to market new services that will be offered as modular additions to Inscrybe Healthcare." At the Annual Meeting of the National Association for Home Care and Hospice, the company also announced the launch of a new digital Plan of Care service module for the Inscrybe Healthcare platform to enable Home Health Agencies to exchange and authenticate Medicare-required documentation with physicians, incorporating digital signature and trusted third-party verification capabilities. Jakes Srinivasan, Vice President of Corporate Development for Authentidate said, "The Company's other applications, including forms such as certificates of medical necessity, prior authorizations, physician credentialing and electronic claims attachments will be available as Inscrybe Healthcare service modules." He added, "We plan to introduce additional service modules for Inscrybe Healthcare in coming months." About Authentidate Holding Corp. Authentidate Holding Corp. is a worldwide provider of secure enterprise workflow management solutions that incorporate its proprietary and patent pending content authentication technology in the form of the USPS Electronic Postmark(TM) (EPM) and electronic signing solutions. Authentidate also provides secure document management solutions, and enterprise network security products and services. 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. Inscrybe, Inscrybe Healthcare, CareCert, CareFax and MDKeyBank are trademarks or registered trademarks of Authentidate Holding Corp. All other trade names are the property of their respective owners. Authentidate Holding Corp.
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