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

To: Jon Scott who wrote (13444)	3/22/1999 11:30:00 AM
From: Joe Copia	Read Replies (2) \| Respond to of 25711

EDIG news: Monday March 22, 11:03 am Eastern Time Company Press Release e.Digital Corp. Expands Services to Provide DSP Solutions for Internet Compatible Portable Devices Adds DSP Expertise to Support Growing List of OEM Customers SAN DIEGO--(BUSINESS WIRE)--March 22, 1999--e.Digital Corp. (OTC:EDIG - news) reported today that it is expanding its engineering services to include the implementation of DSP solutions. The company announced that it has hired Kevin Bostenero, a senior digital signal processing (DSP) engineer, to head its expanding services for OEM customers. Fred Falk, president and chief executive officer of e.Digital, stated, ''This addition to our engineering team expands the services we can offer our customers which include Lucent Technologies (NYSE:LU - news), Intel Corporation (Nasdaq:INTC - news) and Lanier Worldwide Inc. We also expect to announce new opportunities as a result of our expanded capabilities. Kevin will be the architect of custom DSP solutions specialized to the needs of our customers whose designs are calling for more sophisticated portable devices to process voice, text, images and music.'' Falk continued, ''Whereas large electronic design firms like Cadence (NYSE:CDN - news) offer a broad range of software, consulting and design services, we focus on software, design and engineering services for portable digital devices. The appropriate DSP technology is a critical component of these devices. We are now able to provide DSP software and solutions perfectly complementing our patented operating system software and digital engineering services. Designing and incorporating custom DSP solutions expands e.Digital's business and provides us an important competitive edge.'' Bostenero's past experience includes positions at Stellcom Technologies, Megatek Corp., and Cubic Corp., with project-based experience at Scientific Atlanta Signal Processing Systems, Loral Telemetry and Instrumentation, NCR, Optigraphics and Unisys. He holds a Bachelor of Science degree in computer science from San Diego State University. Bostenero said, ''I am very excited about the opportunities at e.Digital. I expect to make significant contributions to the breadth of their services by developing application-specific DSP solutions for their customers.'' e.Digital Corp. offers an engineering partnership for the world's leading electronics companies to link portable digital devices to PC's and the Internet. Engineering services range from the licensing of e.Digital's patented MicroOS(TM) file management system to custom product development and manufacturing services. For more information on the company visit www.edig.com. Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements relating to future revenues and product development that may impact on future results and the future viability of the company. Actual results could differ materially from those projected in the forward-looking statements as a result of risk factors such as future products and results, technological shifts, using contract manufacturers, potential technical difficulties that could delay new products, competition, pricing pressures and the uncertainty of market acceptance of new products by distributors, OEMs and end-user customers. Note to Editors: Company names mentioned herein are the trademarks or registered trademarks of their respective owners. Contact: e.Digital Corp. Robert Putnam, 619-679-1504