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Message: There was a cash settlement

There was a cash settlement

posted on Dec 02, 2008 11:05AM

Confirmed via this email response and bolded where appropriate...

Yes, we are pleased to have entered into the second licensing agreement of our fundamental flash-memory related intellectual property. Our strategy is to utilize our growing IP-related revenues and intellectual property assets to fund and expand our eVU™ dedicated portable entertainment system business into the medical industry and other segments of the travel and leisure industry.

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