e.Digital Corporation (fka EDIG)

[Cassandra]

It's important to remember that the Odyssey 1000 was jointly developed with Digitalway and was the first product produced under a strategic development agreement between the 2 companies. DW did the industrial design. It would seem that DW also shares ownership of the Odyssey 1000 referemce design with e.Digital and would be finacially involved in any licensing of it. e.Digital supplied MicroOS and Digitalway's "award-winning engineering team" designed the device.

From the July 2002 PR

The Odyssey 1000 sets the standard by which all other portable entertainment products will now be judged. It is the result of our first joint project with our strategic development partner Digitalway. It combines an elegant, world class industrial design from Digitalway’s award-winning engineering team with e.Digital’s state-of-the-art, patented audio technology.

http://www.edig.com/news/releases/pr072202.html

Quotes from the 10K

In May 2002, we signed a strategic development agreement with Digitalway
Co., Ltd., ("Digitalway") of Korea. Under the agreement, we will co-develop and
market advanced digital audio players for the consumer market. The products will be branded by e.Digital and marketed in the United States and Canada. The
products will be branded by Digitalway and marketed in Asia and Europe.

In January 2003, we launched the e.Digital Odyssey(TM) 1000, a portable
hard disk drive-based digital audio player jointly designed by e.Digital and
Digitalway, and manufactured by Digitalway.

From the May 2002 PR

E.DIGITAL AND DIGITALWAY ANNOUNCE JOINT TECHNOLOGY DEVELOPMENT AND MARKETING PARTNERSHIP

Partnership to Create and Market New Digital Music and Voice Products Combining World-Class Technology, Portability, and Design

(SAN DIEGO, CA - May 22, 2002) - e.Digital Corporation (OTC: EDIG), a global provider of comprehensive digital product development and designs, and Digitalway Co., Ltd., one of the largest digital audio player manufacturers in the world, today announced a joint development and marketing partnership. The two companies are collaborating to develop and brand digital music (MP3) players and voice recorder/players for sale to end users in the United States, Europe, and Asia.

http://www.edig.com/news/releases/pr052202.html