(SAN DIEGO, CA, October 28, 2004) – e.Digital Corporation (OTC: EDIG), a leading innovator of proprietary digital technology platforms, today announced it expects to report over $2 million in revenue for the second quarter of fiscal 2005, ended September 30, 2004. The company also announced it has received over $1 million in orders in the first month of its third fiscal quarter ending December 31, 2004 with further orders expected. e.Digital has received over $500,000 in deposits to date on the orders.

From a conversation with Putnam in the latter part of November, I was able to ascertain that the initial $1M in orders was not just for IFE but included other business as well.

From the Press release dated 11/15/04

The company also announced it has received an IFE order totaling more than $1.2 million from APS, a wholly owned subsidiary of Wencor (APS/Wencor). With this order, e.Digital currently has over $2.2 million in total booked orders with further orders expected this quarter

Although they aren`t as specific in this second PR, I think the treatment of that order will be the same. ie 600k in deposits.

(SAN DIEGO, CA, December 22, 2004) – e.Digital Corporation (OTC: EDIG), a leading innovator of proprietary digital technology platforms, today announced it expects revenues and advance payments, on purchase orders for products scheduled to ship next quarter, of over $2.2 million for the quarter ending December 31, 2004 with further business growth expected in the fourth quarter ending March 31, 2005.

The confusing part in this last release is the reference to revenues and advanced payments scheduled to ship next Q but lumps that in with a reference to the 2.2M booked in this Q. (wording referencing 11/15 PR) I suppose Putnam`s claim that the final #`s for this Q are subject to the interpretation of the auditor may be accurate. It seems that the actual revenues allowed by the auditors may be significantly less than the 2.2M that appear to be the companies most receint guidance.