Less than two hours ago, e.Digital Corp. announced that a major electronics manufacturer purchased the first license for its Flash-R(TM) patent portfolio. As terms of the agreement, the company will be receiving a one-time licensing fee and cross-license rights to certain patents encompassing multimedia-related products.

The Flash-R patent portfolio encompasses particular aspects of flash memory use. E.Digital revealed the very first portable recorder with removable flash memory in 1993 and believes its patent portfolio is essential to numerous electronics products that use flash memory. The company filed its first Flash-R portfolio patent infringement litigation against eight defendants in September 2007 and March 2008.

“We are very pleased to have entered into what we believe will be the first of many Flash-R patent portfolio licensing agreements,” stated Robert Putnam, senior vice president of e.Digital Corporation.

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