Replies to post #6175 on e.Digital Corporation (fka EDIG)

[moxa1]

SAN DIEGO--(BUSINESS WIRE)--Sept. 5, 2001--e.Digital Corp.
(OTCBB:EDIG), a global provider of comprehensive digital product
development and designs, today announced a digital audio and music
player/recorder incorporating IBM's Microdrive(TM) removable hard disk
media.
Based on e.Digital's new MicroOS(TM) 2.0 operating system, the
ultra-portable product supports VoiceNav(TM), e.Digital's natural
speech-recognition user interface for performing navigation and
playback functions. e.Digital's new compact product features digital
music and voice recording and playback.
Steve Ferguson, vice president of sales & marketing, said, "Our
base model will come with a 340 MB IBM Microdrive with 512 MB- and 1
GB-capacity Microdrives as optional media. Consumers can store and
organize up to 20 hours of high-quality digital music and/or
studio-quality voice recordings on a 1 GB capacity Microdrive.
"This player fits the product niche between hard disk drive-based
players and Flash memory card-based players. It is one of the first
truly ultra-portable products using large capacity removable spinning
media. A built-in buffer memory prevents audible skipping even during
workouts and sporting activities. The product also supports SanDisk's
CompactFlash(TM) removable media."
Jim Collier, chief operating officer, stated, "Our exclusive
MicroOS 2.0 upgraded operating system enhances file management
capabilities and features more sophisticated power management to
support our revolutionary VoiceNav speech recognition interface. Users
can navigate through directories and playlists using natural speech
commands. We believe our unique features, ingenious speech interface,
and generous storage capacity make the e.Digital Microdrive
player/recorder particularly attractive."
Fred Falk, president and CEO, added, "This Microdrive-based
product utilizing a Texas Instruments' 54X DSP, appeals to OEM
customers and consumers. While we license and support OEMs, we will
respond to customer demand for our technology through various
distribution channels. Production is already under way in Asia for OEM
customers to meet demand for our MicroOS-based product in time for the
holiday selling season. Our focus on offering complete end-to-end
product development, delivery, and support significantly enhances our
per-product revenue as well as our business of licensing our
technology platforms to OEMs and other manufacturers for use in their
branded products.
"We continue working with OEM partners and customers to
incorporate new technologies and new storage media, including embedded
miniature hard disk drives, Microdrives, Flash memory cards, and
DataPlay digital media, into products, some of which are scheduled for
consumer availability in time for the holiday selling season.
"With Fleishman-Hillard, we are coordinating a technology media
relations program that will put these products in front of editors,
hosts, readers, and audiences. Further announcements are scheduled
that will detail price and availability of this and other Powered by
e.Digital products."
About e.Digital
e.Digital Corp. offers an engineering partnership for the world's
leading electronics companies to link portable digital devices to PCs
and the Internet. e.Digital develops and markets to consumer
electronics manufacturers complete end-to-end solutions for delivery
and management of open and secure digital media with a focus on music
players/recorders and portable digital voice recorders. Engineering
services range from the licensing of e.Digital's patented MicroOS(TM)
file management system to custom software and hardware development,
industrial design and manufacturing services. For more information on
the company, visit www.edig.com.
Safe Harbor statement under the Private Securities Litigation
Reform of 1995: This document contains forward-looking statements
relating to future performance, technology and product development
that may affect future results and the future viability of the
company. Actual results could be affected or differ materially from
those projected in the forward-looking statements as a result of risks
and uncertainties, including future products and results,
technological shifts, potential technical difficulties that could
delay new products, competition, general economic factors, and
conditions in the markets in which the company operates, pricing
pressures, the uncertainty of market acceptance of new products and
services by OEMs and end-user customers, and other factors identified
and discussed in the company's most recent filings with the Securities
and Exchange Commission. These forward-looking statements are based on
information and management's expectations as of the date hereof.
Future results may differ materially from the company's current
expectations.
Note: e.Digital and MicroOS are trademarks or registered
trademarks of e.Digital Corp. All other company, product, and service
names are the property of their respective owners.
--30--js/sd* ts/sd
CONTACT: e.Digital Corp., San Diego
Robert Putnam, 858/679-1504
[e-mail]
or
Fleishman-Hillard (Media Relations for e.Digital)
Bridget Stachowski, 619/237-7717
[e-mail]


TodINDUSTRY KEYWORD: COMPUTERS/ELECTRONICS TELECOMMUNICATIONS
HARDWARE SOFTWARE ELECTRONIC GAMES/MULTIMEDIA
SOURCE: e.Digital Corp.
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(c) 2001 Business Wire

[chwdrhed]

chief32...I don't think anyone knows the answer. I certainly don't. Barring some sort of clarification from either Hy-tek or Edig we'll probably have to just wait and see. Frankly I don't understand why Edig investors aren't owed some kind of explanation for the extended delay. I don't think you parade the Tréo at the SHM and then say nothing almost a year later when it doesn't materialize.