On January 31, 2017, Authentidate Holding Corp. terminated its employment of Thomas P. Leahey, who had served as the company's interim chief financial officer, treasurer and principal accounting officer since March 3, 2016, effective immediately. In addition, on January 31, 2017, the company determined to eliminate the position of Chief Operating Officer effective immediately.

Accordingly, the company's employment of William P. Henry, who has been serving as the company's Chief Operating Officer since January 27, 2016, terminated effective as of January 31, 2017. On January 31, 2017, the company appointed Hanif A. Roshan, who currently serves as the company's Chief Executive Officer and Chairman of the Board, as its interim Principal Accounting Officer, effective immediately. Mr. Roshan shall serve in this capacity until such time as the company appoints a new Chief Financial Officer.

Mr. Roshan has served as the company's Chief Executive Officer since August 7, 2016 and will continue in this role.