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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology -- Ignore unavailable to you. Want to Upgrade?

To: JimC1997 who wrote (10283)	1/28/2000 3:34:00 PM
From: RKHIII	Respond to of 18366

Jim: I promise I won't say a word, but I'll suuuurrrre be thinking it! LOL Great post! :) RK

To: JimC1997 who wrote (10283)	1/28/2000 6:13:00 PM
From: christopher j. neptune/king of	Respond to of 18366

jim keep the faith.. just a lesson in life. 17 is modest.. i see bigger and better things.. cnep

To: JimC1997 who wrote (10283)	1/29/2000 4:05:00 PM
From: PartyTime	Read Replies (1) \| Respond to of 18366

A FOLLOW-UP WITH RESPECT TO EDIG'S TECHNOLOGY [NOTE: I strongly recommend investors review On24's recent interview with CEO Fred Falk ( www.on24.com ) In this interview, twice Mr. Falk alludes to eDigital's desire to have its technology involved in automobile manufacturing, an incredibly huge future market.] Below are excerpts from eDigital President/CEO Fred Falk and VP Robert Putnam's correspondence to Michael D. Porcelain of Adviser.com: "...First, we would like to clarify e.Digital's business model. It is incorrect to label the company as "The Next Walkman". We have the first pure software flash file management system. We are also a company that offers an engineering partnership for the world's leading electronics companies to link portable digital devices to PCs and the Internet. Our engineering services range from the licensing of e.Digital's patented MicroOS? file management system to custom software and hardware development, design and manufacturing services..." "...It would be more correct to say that the company is involved in the file management of flash-memory-based portable devices. Our patented MicroOS technology allows portable products to connect to PC's and the Internet, to download data and manage that data on the portable device and record, play, insert, edit, and/or delete the data/voice/music using simple commands. "While it is true that most recent attention on the company focuses on its involvement in the portable Internet music player market, the fact is that the company's current revenue stream comes from licensing its technology for use in portable voice recorders for heavy dictation users. Customer Lanier Worldwide, Inc., a $1.6 billion subsidiary of Harris Corp., accounts for most of our revenue, and is focused on portable voice recorder applications for business use in the medical and legal markets..." [PARTYTIME NOTE: Lanier renewed its business contract with eDigital.] "...The paragraph in your article detailing the Company's agreement with Intel incorrectly states that "Intel was supposedly designing and making prototypes?", when in fact e.Digital is designing the prototypes, with input from Intel and its customers. The involvement of recently-introduced new technology and additional OEM's have affected the timing of delivery, but at Intel's request, the Company cannot release further details. The two companies enjoy very close professional relations, and look forward to exploiting future business opportunities together..." "...e.Digital and Lucent first began working together more than a year ago. In February 1999, e.Digital announced that it had been commissioned by Lucent to create a second-generation prototype digital music player. An April 21, 1999 announcement originating from Lucent makes reference to the fact that it contracted e.Digital to create a hardware and software reference design for a secure, portable Internet music player featuring Lucent's EPAC music compression software, and based on e.Digital's MicroOS? Audio and a DSP from Texas Instruments. The two companies enjoy a close professional relationship in a fiercely competitive new industry, and continue a co-marketing arrangement to promote the music player design to a number of potential licensees..." "...The Company owns rights to all its patents created in full or in part by Mr. Norris, and in addition, the Company retains the rights to Mr. Norris' future developments and patents relating to our current product lines..." "...In early 1997 the Company began focusing on the business of providing OEM technology, intellectual property, design services, R&D, and manufacturing services for name-brand customers. This has resulted in diminished losses, and has brought us contracts and relationships positioning e.Digital as an important player in the emerging portable, digital future..." "...The portable voice and music applications for our technology are best described as hand-held devices where cost, power, and memory are at a premium, and connection to a PC and the Internet are necessary. Palmtop computers could benefit from adding our MicroOS to manage files on flash memory, but MicroOS certainly is not intended to replace the Palm OS or Windows CE, both of which need to support multiple applications such as word processors, spreadsheets, and calendar functions, and are based on Pentium-type processors. MicroOS is used in flash-memory-based hand-held products whose main processor is a DSP or low-powered microprocessor. Our dealings with current and prospective customers indicate that business applications are rapidly developing around such tools, especially relating to dictation and voice-to-text and text-to-voice features..." [PARTYTIME NOTE: Unfortunately, the copy from which I derived my exerpts is undated. However, for verification of the above or to learn what's been updated since these remarks were made, please contact: Wendy Ravenel (858) 679-1504, or visit our web site at www.edig.com. (858)679-1504 PHONE (858)486-3922 FAX Note new area code (858) as of June 1999 edig.com investor@edig.com