InvestorsHub Logo

resqjuc

01/21/04 2:22 PM

#58867 RE: resqjuc #58865

"1. Further IFE related agreements to be finalized during the next 2 months.
2. Other business opportunities each in varying stages of development."

"EDIG has reached a licensing agreement in principle with the world’s largest OEM supplier of flashed based MP3 players. Under the agreement, this Asian OEM will manufacture consumer-branded products based on our MicroOS-enabled personal audio platform for their customers. This agreement is similar in scope to the licensing agreement we announced on September 16, 2003, with another major Asian-based OEM although it is more encompassing by calling for the incorporation of e.digital’s MicroOS-based technology with 1.8"" hard disk drive and Cornice storage elements.
"
EDIG reached an agreement in principle with an existing OEM partner on a Cornice-based version of our personal audio platform. Their e.digital powered branded product is scheduled to be unveiled at the upcoming CES.
EDIG is seeking to license core OS
EDIG is working with 2 major OEMs seeking to converge elements of 2 or more of their technology platforms into differentiated branded products
In-flight entertainment devices developed by EDIG for APS and possibly other clients