http://www.edigital.com/news.htm

Being a ptsc shareholder, these following excerpts may be of particular interest regarding EDIG's current business.

Regarding the company’s efforts to monetize its flash memory-based patent portfolio, Blakeley said, “IP veteran Pat Nunally, management, and outside law firms have intensified patent due diligence and the evaluation of the licensing potential of e.Digital’s patent portfolio to companies in the cell phone, PDA/Pocket PC, portable A/V recorder, digital camera, camcorder, and other portable device industries. With the rapid proliferation of flash memory in portable devices we see significant licensing opportunities to monetize our important patent portfolio. We look forward to providing more information about this and other business developments this quarter.”

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Flash Memory Patent Portfolio

Because our flash memory-related patent portfolio covers hundreds of companies and thousands of products and extends our rights under the patents until 2015, the law firms we have contacted are being very thorough in their searches for prior art and their due diligence of our patent portfolio.

Under the direction of veteran intellectual property (IP) consultant, Pat Nunally, and with the assistance of outside law firms, we have assembled the first comprehensive list of potential licensees of our flash memory-based patent portfolio. To date, we have identified 174 companies with 1,372 products that appear to employ our patent portfolio.