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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology

EDIG 0.0001000

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Mar 20 5:00 PM EST

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To: Savant who wrote (1373)	10/22/1998 9:59:00 AM
From: Scott R	Read Replies (2) of 18366

All, Information from NCII in regards to the latest happenings... Scott Subject: Re: NCII There is little movement of the stock because we continue to eat through the remaining shares from the June 1996 pre-paid warrant financing done by prior management. This group is close to selling off the last of their converted shares; when they are out, I believe the pressure will come off of the stock and we will start to see a rise in our share price. Our Intel contract is being performed to the satisfaction of all involved; we are still expecting to conclude the development portion of the contract in 1st calendar quarter 1999. We continue to make progress on our Audio MicroOS, the hardware and software development effort to digitize, compress and transfer audio files via CD's or over the Internet with the blessing of the recording industry. We are working with substantial yet to be announced companies in this effort. We expect to be able to announce more about this on-going development in the near future. Most of our efforts continue to be centered on getting Lanier's first medical dication device, Cquence Mobile, ready for manufacturing. Tooling is well underway, a reputable contract manufacturer selected and we are only 2-3 months away from shipping our first product to Lanier. When we are 3 months into full shipments to Lanier, we expect to be in the black and recording earnings for the first time in many years. Thank you for your e-mail and for following the Company.

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