Authentidate ( ADAT) shares are on the move, with volume almost five times higher than normal.More than 760,000 shares have traded today, while the three-month average is around 160,000 shares. Authentidate is a New Jersey-based company that provides health information exchange solutions. This means that physicians can use their software for workflow management, making their medical records electronic. They also have solutions in patient discharge and telehealth devices. There are a few recent developments that might be playing a role in Authentidate's activity. * In December, they raised $3.4M of capital. They issued 3.4M common shares, along with 3.4M 90-day warrants at a $1 strike. This volume requires sellers, and it's very likely the warrants are now being exercised. * As of the last quarterly call, we learned that their Liberty contract for Inscrybe solutions is back again. Liberty's contract significantly impacts their financial results and had ended. In the past, it was a customized solution, however now it's the standard software. * Authentidate's 2010 fiscal year began July 1, 2009. This means that we are now in the second half of fiscal 2010. From their January Investor Presentation file (http://www.authentidate.com/index.php/content/view/60/131/), you can see this on Page 14: "Initial sales for the telehealth and hospital discharge solutions are expected in the second half of fiscal 2010." * Telehealth devices have been around for a while - Bosch has been in the market for 10 years, and now we're seeing more competition. Intel ( INTC) and GE ( GE) are in the market. Intel and GE recently pushed their partnership from just the United States into the United Kingdom.