"The Company introduced 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."

"We are pleased to report in our first fiscal quarter of 2012 the 12th Flash-R portfolio related licensing and settlement agreement,” said Fred Falk, president and CEO of e.Digital. Hoya joins the growing list of Flash-R patent portfolio licensees, including Samsung, Olympus and other world recognized manufacturing companies."