Re: Edig motion for amended complaint...
in response to
by
posted on
Feb 17, 2010 10:31AM
I like that we are only in month 4 of the round of 19 new suits and investors have expectations for more results in this time frame, as do I. This is a result of a very early agreement and a flurry of pacer filings and DM stepping up the process.
Compared to round one of the Magnificent 7, where the first settlement took 7 months and brought EDIG record revenues and first time profitability, DM appears well ahead of that schedule.
Whether they score more here in Q4 or not, more settlements are coming to EDIG.
e.Digital filed the infringement action against Canon, Kyocera, Nokia, Pentax, Panasonic, Ikegami, HTC, Coby Electronics, DXG, Roland, Leica Camera, Marantz, Imation, Summit Global (DBA Polaroid), Sakar, TEAC (DBA Tascam), VTech, Wolverine Data, and Samson Technologies (DBA Zoom).
"e.Digital’s ground-breaking inventions opened the door to the widespread use of flash memory in many of today’s popular electronic products,” said Fred Falk, president and CEO of e.Digital Corporation. “The strength of our fundamental intellectual property has been validated through a successful first round of licensing and settlement agreements. Our strategy is to leverage the knowledge and experience gained from the initial enforcement actions to streamline, accelerate and maximize our patent licensing efforts. Our patents are essential to many consumer electronic products and their use is growing in importance due to the proliferation of flash memory.”
“e.Digital has innovated and productized several new technologies since its inception in 1988 including the genesis of today’s Jabra telephony products, the first portable recording device to utilize flash memory, the first portable music device to incorporate voice recognition and multi-codec/DRM support, and the first dedicated portable in flight entertainment system,” concluded Falk. “Through our legal representatives, we remain committed to recognizing the value of our intellectual property, through licensing, and where and as required, through enforcing our rights through infringement litigation.”