SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) February 13, 2004
AUTHENTIDATE HOLDING CORP.
(Exact name of Registrant as specified in charter)
Delaware | 0-20190 | 14-1673067 |
(State or other jurisdic- | (Commission | (IRS Employer |
tion of incorporation) | File Number) | Identification No.) |
2165 Technology Drive, Schenectady, New York | 12308 |
(Address of principal executive offices) | (Zip Code) |
| |
Registrant's telephone number, including area code (518) 346-7799
(Former name or former address, if changed since last report.)
Item 5. Other Events and Required FD Disclosure.
On February 13, 2004, Authentidate Holding Corp. (the “Company”) issued a press release announcing that its subsidiary, Trac Medical Solutions, Inc., has entered into a nine-year agreement with an affiliate of the American Association for Homecare (the “Association”) and bConnected Software, Inc. providing for the delivery of a software-based solution for the processing of Electronic Certificates of Medical Necessity (e-CMNs™) and other electronic health care forms. The e-CMN solution will incorporate the current CareCert™ technology, a software-based processing engine and applications from bConnected Software and the use of the USPS Electronic Postmark®. In a related transaction, Trac Medical Solutions entered into a software development and license agreement with bConnected Software providing for the terms and conditions for the development by bConnected of software to be integrated with Trac Medical’s current CareCert technology to provide certain of the functionality to be delivered pursuant to the agreement with the Association.
The agreements, which became effective as of February 12, 2004, provide that: (a) the Association will license to Trac Medical its logos and trademarks in connection with Trac Medical’s marketing efforts; (b) Trac Medical will develop and commercialize an enterprise edition of its CareCert solution; and (c) bConnected will develop software for the enterprise version of CareCert for Trac Medical.
The Company stated that the license fee for the e-CMN service will be between $36 and $50 per location per month and that the transaction fees will be between $1.80 and $3.00 per transaction. Certain of the revenues derived from these agreements will be shared with the Association and bConnected Software. The agreements became effective on February 12, 2004.
The press release is attached to this Report on Form 8-K as Exhibit 99.1
Item 7. Financial Statements, Pro Forma Financial Statements and Exhibits.
Listed below are the exhibits filed as a part of this report.
(c) | Exhibits |
| | |
| 99.1 | Press Release |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: February 17, 2004 | AUTHENTIDATE HOLDING CORP. |
| (Registrant) |
| |
| By: /s/ Dennis H. Bunt |
| Dennis H. Bunt |
| Chief Financial Officer |
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