Stockguru.com: Stocks to Watch for March 6, 2009 - EDIG, LIQR, HYDI, EGMI, and U
posted on
Mar 06, 2009 04:58AM
Mar 06, 2009 (M2 PRESSWIRE via COMTEX) -- UBCI | Quote | Chart | News | PowerRating -- Our Stocks to Watch today include : e.Digital Corp. (OTCBB: EDIG), Liquor Group Wholesale, Inc. (OTCBB: LIQR), Hydromer Inc. (OTCBB: HYDI), Electronic Game Card Inc. (OTCBB: EGMI), and ubroadcast, Inc. (OTCBB: UBCI)
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e.Digital is a leading innovator of dedicated portable entertainment systems. e.Digital also owns and is pursuing the monetization of its Flash-R(TM) portfolio of flash memory-related patents. e.Digital was the first company to employ and patent important aspects of the use of removable flash memory in portable recording devices.
EDIG News Yesterday, e.Digital announced its fourth Flash-R(TM) patent portfolio license and settlement agreement. Under the terms of the confidential agreement, e.Digital received a one-time licensing fee. e.Digital's Flash-R patent portfolio covers certain aspects of the use of flash memory, addressing today's large and growing portable electronic products market. The Company unveiled the first portable recorder with removable flash memory in 1993 and believes its patent portfolio to be essential to many consumer electronics products that utilize flash memory including cell phones, digital cameras, camcorders, PDAs, and other popular devices. In September 2007 and March 2008, the Company filed its first Flash-R portfolio patent infringement litigation against eight defendants. "We're pleased to have favorably licensed and settled half of the pending cases during the last six months," remarked Robert Putnam, senior vice president of e.Digital Corporation. "We expect further legal and licensing activity this quarter, and in our next fiscal year commencing April 1, 2009."