e.Digital Corporation (fka EDIG)

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Entertainment and Consumer Electronic Storage Demands Increase, According to New Peripheral Research Report
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SANTA BARBARA, Calif.--(BUSINESS WIRE)--July 20, 2001--The entertainment and consumer electronic storage markets are forecast to expand dramatically by 2004, according to a new report by Peripheral Research Corp. of Santa Barbara, Calif. The worldwide forecasts for handheld computers, digital still and motion cameras, GPS, set-top box, and cell phone markets will double between 2000 and 2004.

Some portion of all of these markets will use a form of semiconductor, optical or magnetic memory to store the data being recorded or held.

Of the approximate 800 million camera and consumer electronic devices to be shipped in 2004, about 5 percent will use some form of magnetic disk storage, and over 10 percent will be equipped with Flash Memory products. Many of the MP-3 products will contain the new DataPlay 500 MB optical drive.

"These are relatively new and embryonic markets, which will take storage and storage products to new levels," stated Tom Coughlin, co-author of the report. "We feel that up to 50 percent of the disk drive products could go into non-conventional storage markets by the 2005-2010 time frame," stated Dennis Waid of Peripheral Research Corp.

This new report covers handheld computers, digital still cameras, camcorders, music players, GPS systems, set-top boxes, industrial networks and digital cell phones. It is available from Peripheral Research Corp.

For more information and a copy of the summary, contact Peripheral Research Corp., 351 Hitchcock Way, B-200, Santa Barbara, Calif. 93105.