Turley Muller

Authentidate Has Significant Opportunities for Revenue Growth

Ankit- Terrific report. Very detailed, comprehensive, balanced, and thorough. You make a strong case for hockey stick growth. If ADAT services are able to get traction, that's exactly how it will go down. The network effect and power of being able to penetrate a large customer base just by capturing key contracts. We are just waiting on that adoption ramp, which has been so tough due to the reluctance of physicians/hospitals to undertake the needed healthcare IT modernization.

Some corners of the healthcare industry have implemented the next generation IT infrastructure. However, it's still a small portion of the overall industry. Yet, progress is being made, and should accelerate with all the government programs and mandates. One adoption hits a threshold, it will begin to cascade. It's all about being in the right position when it happens.