e.Digital (EDIG) Signs another Cross License and Settlement Agreement, Article Posted on BeaconEquity.com
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EMAILWIRE.COM, March 19, 2009 ) DALLAS, Texas - BeaconEquity.com announces the publication of an article covering e.Digital’s agreement with an undisclosed company for its fifth Flash-R(TM) patent portfolio license, as well as the company’s declaration it intends on fighting more patent infringement cases this year.
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http://www.beaconequity.com/mIn the article the author writes:
“e.Digital Corp. (OTCBB:
EDIG), the leading innovator of dedicated portable entertainment systems and patented flash memory products, announced it has signed an agreement with an undisclosed company for its fifth Flash-R(TM) patent portfolio license. Terms of the agreement are confidential, but include the provision that e.Digital received a one-time licensing fee and cross licensed certain patents of its proprietary technologies.”
e.Digital looking to settle more infringement case in the coming year:
“As expected by analysts familiar with the Flash Memory industry, infringements of e.Digital's patents were inevitable due to the impact the company's technology has had on the portable device market, and has been a source of additional revenue through settlements made to the company during the past year. Five of eight cases have been settled since the company filed complaints against the eight defendants in September of 2007 and March 2008, with additional cases soon to be settled this month and throughout the remainder of this year, according to a recent company press release.”
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Source:
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Jeff Bishop, (469)-252-3505
press@beaconequity.com