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Message: RE: Insights

RE: Insights

posted on Feb 08, 2005 05:30AM
EDIG has clammed up. Since Atul has stepped in the only insights we get are through official company releases or 3rd party comments.

Ryan Air and Silk are the only two recent public declarations of going with the digEplayer in months, yet WENCOR buys APS and has stated they have deals about to happen.

The last official communication from EDIG management on 12-22-04 stated:

In 2005, we expect increasing orders from customers in the travel and leisure industry. We also expect to announce new customers for next-generation versions of our video/audio technology platform from both inside and outside of the travel and leisure industry. At the upcoming Consumer Electronics Show (January 6 – 9, 2005), the next generation of our video/audio technology platform is scheduled to be unveiled in private meetings by e.Digital and by a large unannounced Asian customer. Both companies are scheduled to hold meetings with certain current and prospective customers. We expect significant business from this latest version of our platform will be announced within the next two quarters. Because of this and other new business developments, we are hiring additional engineering resources to meet increasing business demand. We look forward to releasing further business updates with revenue guidance, and announcing new business developments next quarter and throughout the coming year.”

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