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Message: 5 Weeks to the end of the fiscal year

Re: 5 Weeks to the end of the fiscal year

posted on Feb 25, 2009 03:19PM

LL.

Feb 10th, 2009

“We’re pleased with the progress we’ve made this fiscal year in monetizing our fundamental flash memory-related intellectual property (IP),” remarked Fred Falk, president and CEO of e.Digital. “Per our recently announced shift in strategy, we are aggressively pursuing eVU business opportunities and partnerships beyond in flight entertainment (IFE).”

We are quoting an increasing number of eVU proposals and have scheduled meetings with current and prospective customers at IFE and non-IFE trade shows later this quarter,” continued Falk. “While eVU business has been extremely slow this fiscal year due to airline economics, we expect eVU results to improve in fiscal 2010.”

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