Addressing e.Digital`s efforts to monetize its flash memory-related patent portfolio, Blakeley remarked, ``With the assistance of IP veteran, Pat Nunally, and other outside groups and firms, we are identifying potential licensees in the cell phone, PDA/Pocket PC, portable A/V recorder, digital camera, camcorder, and other portable device industries. Pat and other outside groups and firms are also assisting us expedite the processing of our patent portfolio, derive a valuation of our intellectual property in products we believe are utilizing our patents, and prepare the foundational documentation, materials and agreements in order to pursue licensing agreements and the potential revenues they could generate.``

Speculation only!!