(SAN DIEGO, CA, – April 12, 2017) – e.Digital Corporation (OTCQB: EDIG), an intellectual property licensing and product development company, today announced that the United States Patent and Trademark Office (USPTO) has granted the Company U.S. Patent 9,622,055.
“This newly granted patent furthers the significance of our Nunchi® patent portfolio and we expect it to strengthen our position when defending our patents against infringement,” said Fred Falk, president and CEO of e.Digital Corporation. “This is the ninth patent granted into the foundational Nunchi patent portfolio that we believe is poised to play a key role in the future of mobile communications and the Internet of Things. Over the last thirty days, we have entered into multiple licensing arrangements and we expect to continue to generate revenue through our patent monetization activities. We are also excited about the recent merger between our law firm, Handal & Associates, and Greenspoon Marder. Greenspoon Marder is a nationally recognized firm with over 200 lawyers nationwide. Accordingly, eDigital expects to benefit from the firm’s increased resources and access to a nationwide network of attorneys.”
The Nunchi patent portfolio includes foundational technologies for mobile and fixed devices, cloud computing and adaptive computing which enable devices to function introspectively, adaptively, and anticipatorily, providing new classes of user experiences, new revenue models and adding value to communications. In some applications, these technologies gather sensor and user data from enabled devices. Processing then interprets surroundings, activities, conditions and the social situation of the user, and acts on that intelligence. The greatest impact of Nunchi technology is realized when all of the layers of local sensor data, historic data, group interaction and world information are integrated together to deliver greater levels of social, business, lifestyle, personal safety, and market intelligence functionality.
Nunchi technologies enable applications in the areas of health, wellness, emergency response, security monitoring, personal safety, social and professional networking, user diaries, communication screening and time management. The Nunchi technology also supports enhanced levels of privacy protection by reacting to user individualities to deliver enhanced privacy and security.
About e.Digital Corporation: For almost 30 years, eDigital’s ideas and inventions have impacted the evolution of consumer products. Today, eDigital innovations, including the Nunchi® portfolio, empower many portable consumer electronic products. For more information about eDigital, please visit: www.edigital.com.
Safe Harbor statement under the Private Securities Litigation Reform of 1995: This press release includes forward-looking information and statements. Except for historical information contained in this release, statements in this release may constitute forward-looking statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future events that are based on management’s belief, as well as assumptions made by, and information currently available to, management. While the Company believes that expectations are based upon reasonable assumptions, there can be no assurances that goals and strategy will be realized. Numerous factors, including risks and uncertainties, may affect actual results and may cause results to differ materially from those expressed in forward-looking statements made by the Company or on its behalf. Some of these factors include the substantial uncertainties inherent in pursuing patent enforcement activities including, but not limited to the risks and costs of litigation and support activities, the timing and amount of settlements/licenses if any, the acceptance of existing and future products and technologies, the difficulty of commercializing and protecting new technology such as the Company’s Nunchi, microSignet, Synap and other technologies, the impact of competitive products, technologies and pricing, general business and economic conditions, and other factors detailed in the Company’s Annual Report on Form 10-K and other periodic reports filed with the SEC. Except as required by law, the Company specifically disclaims any obligation to update or revise any forward-looking statement whether as a result of new information, future developments or otherwise.
CONTACT: e.Digital Corporation: Investor Relations, (858) 674-6924 ext. 6707, firstname.lastname@example.org
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