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Strategies & Market Trends : Aardvark Adventures

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Dec 5 9:30 AM EST

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To: Bucky Katt who wrote (6245)	2/26/2009 12:18:27 AM
From: ~digs	of 7944

<EDIG.OB> E DIGITAL CORP > 0.17 (SAN DIEGO, CA, – February 10, 2009) – e.Digital Corporation, a leading technology innovator of dedicated portable entertainment systems and patented flash memory-related technology, today reported record revenues and net income for its third fiscal quarter and for the nine months ended December 31, 2008. Revenues for Q3 of fiscal 2009 were $3.9 million, a 228% increase over $1.2 million for Q3 of fiscal 2008. Net income attributable to common stockholders for Q3 of fiscal 2009 was $1.5 million or $0.01 per diluted share, compared to a net loss attributable to common stockholders of $425,000 or $(0.00) per diluted share for Q3 of last year. The $1.9 million improvement was the result of higher margin patent license revenues that offset a decline in eVU™ product and service revenues. Revenues for the first nine months of fiscal 2009 were $6.1 million, a 26% increase over $4.8 million for the same period last year. Revenues for the first nine months of fiscal 2009 included $5.25 million in licensing fees from the Company’s Flash-R™ patent portfolio. finance.yahoo.com

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