e.Digital Corporation (fka EDIG)

[Tenderloin]

NAD Electronics and Digital 5 Introduce Next Generation Entertainment Networking Device
Wednesday September 8, 10:10 am ET
Enables NAD Connected Device to Stream Digital Content Throughout the Connected Home


LAWRENCEVILLE, N.J., Sept. 8 /PRNewswire/ -- Digital 5, Inc., a leading provider of software for streaming of multimedia content, today announced that its AV software will enable the new connected AV device by NAD Electronics, a leading manufacturer of home theatre devices and hi-fi components.



With the Digital 5 client software integrated into NAD's new NetCap Network Receiver, customers are able to access digital entertainment, as well as live Internet streaming, to play on the big screen television and surround sound audio of their Home Theatre. The device is fully compliant with industry standards such as UPnP, HTTP, RTP, NMPR, DLNA, 802.11g.

Embedded with Digital 5 AV software, the NAD NetCap can stream WMA, MP3, AAC, LPCM audio files and industry video formats such as MPEG1, MPEG2, MPEG4, and can render digital photo files in formats such as JPEG, TIFF, PSD, PICT and BMP.

Additionally, the NAD NetCap will provide the consumer with the ability to remotely auto upgrade the device firmware and software synchronization, thereby allowing the device to incrementally provide new services and functionality which will continue to add more value and enhance the NetCap's capabilities.

"The emergence of media networking continues to be the most exciting part of the home networking market," according to Mike Wolf, Principal Consumer Connectivity and Content Analyst with In-Stat/MDR. "We expect Microsoft's Media Center Extender technology to accelerate this trend going forward into 2005."

Digital 5's AV software is complete embedded software, which can run on a number of industry codec ICs. This software can be implemented in many connected consumer devices as a stand alone for an AV media device, or embedded as a modular solution into another AV component. The Digital 5 AV platform offers a modular architecture, which allows the flexibility to be easily ported to multiple codec chips in the market today while supporting multiple industry standard DRM solutions such as Windows Media DRM, DTCP/IP and others.

"With Digital 5 software and the NAD NetCap's superior sonic and visual performance, enjoyment of digital entertainment content located on local PCs and over the Internet is now available from the comfort of the Home Theatre. This is a natural extension of functionality to our NAD AV Components," says Greg Stidsen, Director of Product Development for NAD ELECTRONICS. "NAD is pleased to work with Digital 5 to help us accelerate our vision of bringing new entertainment options to our customers."

"We continue to enhance our core technology offering in distributing digital entertainment content across the networked home," says Mike Harris, president of Digital 5. "We value working closely with NAD to expand our presence in the high-performance audio and video marketplace."

Digital 5 networking technology currently powers several classes of connected consumer electronics devices from leading electronics companies such as Gateway. This is the first application of this technology in a product primarily intended for the Home Theatre enthusiast, and to be marketed through CEDIA's custom installation retail channel. Digital 5 incorporates Universal Plug and Play (UPnP) technology as well as advanced Quality of Service and advanced DRM and Security features.

About Digital 5, Inc.

Digital 5, Inc. (Digital 5) is a leading provider of software enabling both wireless and wired sharing of multimedia content among networked consumer electronics (CE) devices. Digital 5's software technology is used to enable new products for existing CE categories, such as DVD Players, televisions, and stereo systems, giving them the capability to access media content over a home network and the Internet. These products allow consumers to enjoy their music, digital pictures, or video in the comfort of their various home entertainment locations. With headquarters in Lawrenceville, New Jersey and operations in California and India, Digital 5 can be contacted on the World Wide Web at http://www.digital5.com.