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newelong

08/21/03 12:27 PM

#43427 RE: CDR #43426

CDR ...

The following are from the 8-14-03 webcast and a matter of public record. If you find these statements to be wrong, please let me know. Also, as I`m curious by nature, what is that you don`t like here ??

"Sales of the Odyssey 1000 are picking up, especially in Europe"

"The royalties range from several dollars on the flash-based designs up to several hundred dollars on the audio-video platform."

"The Softeq/HP/Disney product accounts for $500,000 in revenue for our current quarter, and we expect product extensions, upgrades and follow-up orders." "Also, Disney is planning major press events in early October announcing the MP3-based wireless system."

"Our IFE project remains on schedule, and we are working on announcements with several premier partners for release during the World Airline Entertainment Conference in early September." "The IFE product is being developed, as far as the industrial design, and will be manufactured by Digitalway, our partner.


ECLIPSE by Fujitsu Ten Project: "Initially the product specifications required compatibility with one particular head unit. In accordance with ECLIPSE by Fujitsu Ten`s revised and expanded specifications, the product platform is now fully operational with all available ECLIPSE by Fujitsu Ten head units. This extensive compatibility opens the door for significantly expanded orders. We anticipate that through ECLIPSE by Fujitsu Ten`s relationship with majority owner Toyota and through their position as an OEM provider to major car manufacturers [and that`s plural], the opportunity to provide original equipment is likely."

TIA

NEWe.LONG