e.Digital Corporation (fka EDIG)

[acrazjo]

Response from RP about what to expect this month and this summer.

From: [e-mail] (Robert Putnam)
To: xxxxxxxxx



We are focused on OEM projects that we expect will yield successful products
with ongoing revenues. New video and wireless business opportunites are
expected to be an important part of our business. We are also successfully
selling our branded Odyssey 1000 and, along with Digitalway (our
manufacturing partner on this product), we are negotiating manufacturing and
delivery terms with several companies on versions of our Odyssey 1000.

We are scheduled to complete and deliver on three major contracts
(Softeq/HP, Eclipse by Fujitsu Ten and IFE) this summer, with the Softeq/HP
product being delivered this month. Revenues derived from these three
contracts are expected to be realized in this quarter and the September
quarter. All three of these contracts are scheduled to initially total over
$1 million each with further revenue on each of these products expected. We
anticipate further news releases regarding the completion of these contracts
as well as new business developments and new marketing initiatives of our
Odyssey 1000.

> Revenues for the quarter ended March 31 were improved over the December
> quarter revenues with the June quarter expected to be improved over March
> 31. Since March 31 was our fiscal year end, our annual financial report
> (Form 10K) is scheduled to be released on time in late June. Please call
> me at your convenience if you would like to discuss this further, Joe.
>
Best regards,

Robert Putnam
Senior Vice President

e.Digital Corporation
13114 Evening Creek Dr. S.
San Diego, CA 92128
http://www.edig.com