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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology
EDIG 0.00010000.0%Mar 20 5:00 PM EST
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To: bob who wrote (7392)8/24/1999 2:18:00 PM
From: InOverMyHead   of 18366
 
Received a response from Wendy asking about the LU/EDIG partnership & Lanier shipments. Unfortunately, there is nothing new stated here.

IOMH

Thank you for writing. e.Digital and Lucent are co-marketing the portable,
secure Internet music players design --including all its options-- to
potential licensees and negotiations are under way. We cannot disclose the
details of negotiations, but will release news as details become publicly
available.

Shipments to Lanier began in mid June 1999. This began fulfillment of
Lanier's initial purchase order, and shipments are continuing based on the
initial order. Lanier's initial purchase order of over $3 million is
expected to cover their first five months of needs based on their sales
forecasts. As we near completion of the initial order, we would expect to
receive rolling sales forecasts and, presumably, additional orders from
Lanier.

I hope this information is helpful to you.

Best regards,

Wendy Ravenel
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