Free
Message: interesting volume, perhaps news later today?
FOR IMMEDIATE RELEASE e.DIGITAL FILES PATENT INFRINGEMENT LAWSUITS AGAINST ISMART ALARM, IBABY, MIVATEK, AND MYFOX (SAN DIEGO, CA, – December 17, 2015) – e.Digital Corporation (OTCQB: EDIG), a long standing source of innovation and future-defining patented technologies, today announced that it has filed several new patent infringement lawsuits against companies in the “connected” security camera industry, asserting infringement of five patents that are part of the Company’s Nunchi® patent portfolio. e.Digital believes the products named in the complaints infringe key aspects of its Nunchi patents, covering the use of devices to monitor remote locations and communicate information. The list of defendants includes: iSmart Alarm, Inc., iBaby Labs, Inc., MivaTek International, Inc., and MyFox, Inc. The complaints were filed on behalf of the Company by Handal & Associates, in the United States District Court for the Northern District of California. Nunchi technology gathers information based on physical sensors, actions in an environment, as well as historical data, and acts on this information to perform operations or communicate. Applications based on Nunchi technology may include the use of the cloud, communication networks, sensors, algorithms, as well as databases, to understand and respond to the needs of people. “The connected home industry is increasingly becoming more reliant on the collection of data from remote sensors,” commented Fred Falk, president and CEO of e.Digital. “We believe the recent Markman ruling favorably construed important terms in our patents, enhancing our ability to enforce infringement against these defendants and others. We will defend our intellectual properties vigorously and aggressively as we continue to pioneer new technologies.” About e.Digital Corporation: For more than 25 years, e.Digital's ideas and inventions have impacted the evolution of consumer products. Today, e.Digital innovations, including its Flash-R™ portfolio of flash memory-related patents, and Nunchi® portfolio, are essential to many portable consumer electronic products. For more information about e.Digital, please visit: www.edigital.com. Safe Harbor statement under the Private Securities Litigation Reform of 1995: This press release includes forward-looking information and statements. Except for historical information contained in this release, statements in this release may constitute forward-looking statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future events that are based on management's belief, as well as assumptions made by, and information currently available to, management. While the Company believes that expectations are based upon reasonable assumptions, there can be no assurances that goals and strategy will be realized. Numerous factors, including risks and uncertainties, may affect actual results and may cause results to differ materially from those expressed in forward-looking statements made by the Company or on its behalf. Some of these factors include the substantial uncertainties inherent in pursuing patent enforcement activities including, but not limited to the risks and costs of litigation and support activities, the timing and amount of settlements/licenses if any, the acceptance of existing and future products and technologies, the difficulty of commercializing and protecting new technology such as the Company's Nunchi, microSignet and other technologies, the impact of competitive products, technologies and pricing, general business and economic conditions, and other factors detailed in the Company's Annual Report on Form 10-K and other periodic reports filed with the SEC. Except as required by law, the Company specifically disclaims any obligation to update or revise any forward-looking statement whether as a result of new information, future developments or otherwise. CONTACT: e.Digital Corporation: Investor Relations, (858) 304-3016 ext. 205, ir@edigital.com This message was intended for: livinginhvn@aol.com You were added to the system November 15, 2002. For more information click here. Update your preferences Unsubscribe | Unsubscribe via email
Share
New Message
Please login to post a reply