...somewhat canned responses to my questions. Canned can be good. My general feeling is if we can 50% of these pending products/projects we will be doing just fine.
my email:
Hello all,
Been a while since I have emailed in and since we haven't heard much about any progress that may be happening, I am getting the feeling things are not progressing as previously stated. For one the Treo is no where to be found: This link disturbs me:
For what I remembered the Treo was scheduled to be available in March.
Question #1: is, how close are we to getting the Treo in the hand of the consumers?
Question #2: how many revenue baring products for EDIG will be available by the end of 2001. There has been expectations to have products on the shelves by Christmas 99 and Christmas 00. Now with content becoming available should I as a shareholder expect a product/products available for Christmas 01?
Question #3: What is EDIG's long term plan to re-apply for a Nasdaq listing?
Question #4: How is the relationship with Dataplay progressing? Do we have Engineers working with Dataplay, Samsung, and Toshiba Engineers?
Question #5: Are there any plans to hire additional Engineers in 2001 / 2002?
Robert, I do have other questions, but I think I could spend a fair amount of time chewing on the results of the questions that I asked.
Thanks,
Nick ----------------------------------------------------
EDIG's response:
Hi, Nick,
With the next generation of consumer electronics product just beginning to come out, we believe we have positioned e.Digital in the mainstream of opportunity with our technology, standards support, product platforms, OEM partners and customers, and business model. With the assistance of Fleishman Hillard, we are coordinating our efforts with our OEM customers and their public relations staffs in preparing and disseminating announcements and information. While the exact timeframes of announcements and product availability are mainly controlled by our OEM customers, we expect developments based on our HDD-based portable digital jukebox platform, DataPlay-enabled devices and other platforms to be announced. Specifically, based on current information provided by our OEM customers and OEM licensees, we anticipate availability of consumer products based on our HDD-based digital jukebox platform in retail distribution channels this quarter.
Samsung, Toshiba and other OEM customers are expected to market DataPlay-based, e.Digital-enabled devices later this year when DataPlay's optical storage technology is scheduled to become widely available. We expect more information regarding these developments to be forthcoming.
We have dedicated strategic engineering resources to the development and implementation of new product platforms that include digital video for portable devices, automotive and home stereo designs, cellular phone accessories, and set-top boxes. We are working with multiple OEMs on specific applications of these MicroOS- and MicroCAM-powered platforms for inclusion in a variety of branded products.
We currently meet or exceed the Nasdaq listing criteria save for the minimum bid price. We expect to address this requirement through the introduction and market acceptance of our OEM's e.Digital-enabled products, further announcements from new and current OEM customers and partners and expected increasing revenue. We continue to hire engineers and related talent based on our current and expected business. Please e-mail me or call me on my direct line at 858.679.3168 if I can be of further assistance.
Best regards,
Robert Putnam Senior Vice President
e.Digital Corporation 13114 Evening Creek Dr. S. San Diego, CA 92128 http://www.edig.com
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