SAN DIEGO, CA--(MARKET WIRE)--Sep 25, 2008 -- e.Digital Corporation (OTC BB:EDIG.OB - News), a leading technology innovator of dedicated portable entertainment systems and patented flash memory-related technology announced today that a major electronics manufacturer has purchased the first license for its Flash-R(TM) patent portfolio. Under the terms of the confidential licensing and settlement agreement, e.Digital is receiving a one-time licensing fee and cross-license rights to certain patents covering multimedia-related products.
cross-license rights to certain patents covering multimedia-related products.
What would edigital get from this and how would it benefit us?
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