UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM lO-KSB
ANNUAL REPORT UNDER SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the .fiscal year ended March 31, 1997:
Commission file number 0-20734
NORRIS COMMUNICATIONS, INC.
(Name of small business issuer)
Prior to the late fiscal 1995 launch of the Company's first
information storage and retrieval technology product, a personal digital recoxder, ASMD's contract manufacturing services accounted for substantially all of the Company's revenues. In January 1996,due to the startup of the manufacturing of the Company's proprietary Flashback recorder in the facility, the Company scaled back outside contract manufacturing services.
Existing OEM Consumer Products
The Company has developed a line of consumer products, including the Flashback®, the Flashback VoiceLink™, SoundClips®, and bundles of these products as the Flashback Mobile Office™ family all based on the Company's proprietary Flashback technology. The technology developed for the Flashback product line integrates a sophisticated micro-processor
based control system, digital signal processing ("DSP'.'), sophisticated digital/analog and analog/digital conversion along with advanced data compression and non-volatile storage media (Flash memory) to produce a no-moving-parts recording scheme with advanced features and capabilities. The Company's unique patent-pending approach eliminates the need for a high powered CPU thereby reducing cost and improving efficiency of Flash memory utilization.