e.Digital Corporation (fka EDIG)

[Tenderloin]

Digital Mind Corp. and MultiChannel Labs Announce Strategic Partnership Agreement; Digital Mind To Manufacture the DMC Xclef 500 80 GB Portable Music Player and Storage Device

CARLSBAD, Calif.--(BUSINESS WIRE)--April 26, 2004--Digital Mind Corp. (DMC) today announced that it will manufacture, distribute and provide support for the DMC Xclef 500 portable music player and storage device in the United States under special agreement with MultiChannel Labs (MCL), one of the leading MP3 makers in Korea. The Xclef HD-500 has been available from MCL in Europe, and has received critical acclaim for its sleek design, high end technical features, superb quality and performance.


"We are very pleased to have Digital Mind as a strategic partner, and also expect that our partnership with Digital Mind will guarantee business success of our products in the U.S.," stated Jong-Su Kim, president and CEO of MultiChannel Labs. "Digital Mind's technical, operations and marketing expertise will allow U.S. consumers to purchase locally manufactured products which incorporate the technical excellence of MCL's designs and functionalities."

"The DMC Xclef 500 is one of the most sophisticated, full-featured, portable storage/music players available anywhere," said Jim Collier, Digital Mind's president and CEO. "Its massive 40GB and 80GB storage capacities, 20+ hour battery life, studio-quality direct encoding, voice recording, FM Radio (and FM recording), PC and Mac compatibility without special software, and world class quality make this the "must have" device for tech savvy users. With 80GB of storage, the Xclef 500 is capable of storing up to 20,000 music files, or can be used to backup the entire hard drive on a laptop computer. Since it is recognized as a USB mass storage device, files can be moved easily between PCs and Macs. Its intuitive user interface allows the user to start navigating through files and playlists almost immediately. We are also very proud that it is now manufactured and fully supported in the U.S."

Prices start at $349, and a full list of specifications and reviews can be found at the Digital Mind Web site at www.digmind.com.

About Digital Mind Corp.

DMC is a value-added innovator dedicated to bringing advanced technology products to technically demanding consumers. DMC is partnered with a number of design centers developing a wide range of technically advanced products that will be made available to sophisticated users. Visit our Web site at www.digmind.com.

About MultiChannel Labs

MultiChannel Labs is a leader in our expanding information society. We are focused on convergence of technical expertise on advanced hardware and software, information integration and exchange, and human resources excellence. We offer the very latest technology innovations and stylish world class designs to the global market. We will enhance our business partnership with Digital Mind by releasing the cutting-edge Multimedia technology to U.S. customers. Visit our Web site at ehttp://www.xclef.com.

Contacts


Digital Mind Corp., Carlsbad
James Collier, 760-603-9100