20 June 2008 - "Digital recording on to flash memory has become a standard in portable electronic products,” said Robert Putnam, senior vice president of e.Digital Corporation. Putnam initiated and oversees e.Digital’s IP monetization efforts. “e.Digital created and patented important intellectual property in the use and utilization of flash memory in portable electronics products that we believe is being widely used in cell phones, cameras, camcorders, PDA’s and other popular devices without our consent."

“We consider our Flash-R patent portfolio essential to many consumer electronic products and believe the numbers of companies infringing our portfolio are large with annual sales of what we believe are infringing products in the many billions of dollars,” continued Putnam.

14 Aug 2008 - “We believe the five patents that comprise our Flash-R™ patent portfolio are fundamental to the use of flash memory in many of today’s popular consumer electronic products that total in the billions of dollars in annual sales,” Putnam continued.

25 Sep 2008 - "We are very pleased to have entered into what we believe will be the first of many Flash-R patent portfolio licensing agreements,” said Robert Putnam, senior vice president of e.Digital Corporation.

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I believe many more licensing and settlement agreements will be announced within 6 months. The first is always the toughest, but now that EDIG has reached that milestone, I believe we’ll see a snowball effect kicking in. Looking at the P company, they had 2 licensees in 2005, 12 in 2006, 20 in 2007 and 15 so far in 2008. That kind of track record is what I see happening with EDIG. All aboard!