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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (22043)	4/11/2000 11:35:00 AM
From: Joe Copia	Read Replies (1) \| Respond to of 25711

large news EDIG: Tuesday April 11, 10:03 am Eastern Time Company Press Release e.Digital Announces Agreement to Support IBM's EMMS Copyright Management Technology e.Digital's Portable Internet Music Player Designs on Display in IBM Booth at NAB Annual Meeting in Las Vegas April 10-13 SAN DIEGO--(BUSINESS WIRE)--April 11, 2000-- e.Digital Corp. (OTCBB:EDIG - news) Tuesday announced that it has licensed EMMS (Electronic Music Management System), a copyright management solution for electronic music distribution, from IBM (NYSE:IBM - news) for use in e.Digital's portable Internet music player designs. e.Digital's multi-codec design including support for EMMS can be incorporated into a variety of products including portable digital music players, home and automotive stereos, and functionally-enhanced wireless phones. Fred Falk, e.Digital president and chief executive officer, said, ``We share IBM's goals to supply Internet music to the general population, while protecting the artists and record labels that create the content. IBM's EMMS solution provides for secure distribution and piracy protection for downloadable music content.' He continued, ``This agreement enhances our flexible designs and offers our licensees and OEM customers a leading portable music player with unmatched security features.' Two of e.Digital's portable Internet music player designs will be on display in the IBM booth (No. L3337) at the National Association of Broadcasters (NAB) Annual Meeting this week in Las Vegas. This marks the debut of the e.Digital/Maycom music player design incorporating IBM's EMMS content protection. e.Digital has also incorporated IBM's 340MB Microdrive into a portable Internet music player design, allowing storage of approximately 5 1/2 hours of CD-quality digital music. The NAB Annual Meeting will be attended by approximately 63,000 broadcast industry professionals and is not open to the public. e.Digital's Internet audio player platform provides a broad range of functionality along with a flexible design enabled by their patented MicroOS(TM) file management system. The company has developed a menu of options to provide a quick time-to-market for manufacturers, licensees, or private-labelers interested in marketing devices capable of playing music downloaded from the Internet. About EMMS EMMS combines an open architecture, scalability, and security features. Major components of the EMMS architecture include a content mastering system, tools for hosting music content and promotional materials, and tools for online music retailers supporting the sale of digital music to consumers. The system features a clearinghouse that tracks the sale of digital music content and manages access and usage privileges as designated by the music owner. About IBM IBM is the world's largest information technology company, with 80 years of leadership in helping businesses innovate. IBM is helping media and entertainment companies worldwide take advantage of the business opportunities made possible by digital technology. IBM offers a comprehensive portfolio of solutions, networking an service offerings that is transforming the traditional creative and business processes of media and entertainment companies and positioning them to leverage their intellectual assets into new commercial opportunities. For more information on IBM strategy for the media and entertainment industry, contact www.ibm.com/solutions/media. About e.Digital e.Digital Corp. offers an engineering partnership for the world's leading electronics companies to link portable digital devices to PCs and the Internet. e.Digital develops and markets to consumer electronics manufacturers complete end-to-end solutions for delivery and management of open and secure digital media with a focus on music players/recorders and portable digital voice recorders. Engineering services range from the licensing of e.Digital's patented MicroOS(TM) file management system to custom software and hardware development, industrial design and manufacturing services. For more information on the company, visit www.edig.com. Safe Harbor statement under the Private Securities Litigation Reform of 1995: This document contains forward-looking statements relating to future performance, technology and product development that may impact on future results and the future viability of the company. Actual results could be affected or differ materially from those projected in the forward-looking statements as a result of risk factors such as: future products and results; technological shifts; potential technical difficulties that could delay new products; competition; general economic conditions in the markets in which the company operates; the ability of the company, its customers, and suppliers to solve latent Year 2000 compliance issues; pricing pressures; and the uncertainty of market acceptance of new products by OEM's and end-user customers. Note: e.Digital and MicroOS are trademarks of e.Digital Corp. IBM and EMMS are trademarks or registered trademarks of IBM Corp. All other company, product, and service names are the property of their respective owners. Contact: e.Digital Corp., San Diego Robert Putnam or Wendy Ravenel, 858/679-1504 robert@edig.com or wendy@edig.com or The MWW Group Matt Messinger, 201/964-2377 mmessing@mww.com