SAN DIEGO, CA--(Marketwire - Mar 27, 2013) - e.Digital Corporation (
The Nunchi patent portfolio consists of U.S. patents 8,306,514; 8,311,522; 8,311,523; 8,311,524; 8,315,618 and 8,315,619, as well as additional continuations. The portfolio covers important aspects of integrating cloud-based servers, existing communication networks and relational databases, to both understand and anticipate the needs of people.
"We see the Nunchi patent technology being at the core of many interesting and powerful services and devices targeting consumers in the near future," said Daryl Martin, Managing Principal at IPmetrics. "From our perspective, this portfolio makes it possible for innovative companies to lead their industries in the coming wave of interconnected and interactive sensor-based products and services."
e.Digital has a 24-year track record of innovation and significant investment in a robust intellectual property asset base. The Company's accomplishments include: the technology of in-ear communications first marketed as the industry-leading Jabra line; employing removable flash memory in portable digital media recorders; and, working closely with OEMs and corporate clients, including Hewlett-Packard/Disney, Bang & Olufsen, Gateway, Lanier Healthcare, Toshiba, Intel, and Lucent, to design and develop highly specialized technological solutions. For nearly a decade, e.Digital's technology platform has powered portable in-flight entertainment (IFE) systems used by airlines throughout the world.
"As we transition to a new and expanded phase of portfolio monetization, we are very excited to be represented by such an experienced and capable team," said e.Digital president and CEO Fred Falk. "While we have demonstrated success in obtaining significant licenses for our Flash-R™ patent portfolio, we believe the Nunchi portfolio presents substantial opportunities as well. Our strategy is to license companies whose wide range of products and strategic directions are most benefited by the critical rights in the Nunchi portfolio. We look forward to working with IPmetrics in this new aspect of e.Digital's patent portfolio monetization effort."
About e.Digital Corporation: For more than 20 years, e.Digital's ideas and inventions have impacted the evolution of consumer products. Today, e.Digital innovations, including its Flash-R™ portfolio of flash memory-related patents, are essential to many portable consumer electronic products. The Company pioneered dedicated portable in-flight entertainment systems and more than 30 airlines have made e.Digital powered products their in-flight entertainment choice. For more information about e.Digital, please visit: www.edigital.com .
About IPmetrics LLC: Founded in 2000, IPmetrics is a U.S. based firm specializing in the valuation and monetization of intellectual property and intangible assets, as well as the provision of expert services related to the calculation of economic damages in litigation. The firm's valuation experts bring specialized knowledge across a wide variety of industries and assets, with a proven track record in helping clients unlock the value of their intellectual property portfolios via licensing, sale and/or joint venture. Please visit www.ipmetrics.net for more information.
Safe Harbor statement under the Private Securities Litigation Reform of 1995: All statements made in this document, other than statements of historical fact, are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act. You should not place undue reliance on these statements. We base these statements on particular assumptions that we have made in light of our industry experience, the stage of product and market development, expected future developments and other factors that we believe are appropriate under the circumstances. These forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the businesses of the Company and the industries and markets in which the Company operates. Actual outcomes and results may differ materially from what is expressed or implied by the forward-looking statements. More information about potential factors that could affect the Company can be found in its most recent Form 10-K, Form 10-Q and other reports and statements filed with the Securities and Exchange Commission ("SEC"). e.Digital Corporation disclaims any intent or obligation to update these or any forward-looking statements, except as otherwise specifically stated by it.
