Press Release Source: e.Digital Corporation On Wednesday March 16, 2011, 9:15 am
SAN DIEGO, CA--(Marketwire - 03/16/11) - e.Digital Corporation (OTC.BB:EDIG - News), a leading innovator of dedicated portable entertainment systems and patented flash memory-related technology, announced today that it has entered into a new eVU sales and services agreement with Alitalia. The agreement covers new eVU sales and on-going content integration and repair services. The Company also recently received a follow on order from Alitalia for more eVU portable in-flight entertainment devices. Alitalia provides eVU players exclusively to their Premium Class passengers.
In 2009, Alitalia and Air One merged, and as a result, launched the new Alitalia. Alitalia now operates more than 2,200 flights per week to 79 destinations around the world. Alitalia is a member of the SkyTeam international alliance which includes several leading airlines in Europe and worldwide -- Delta, Air France, KLM, Korean Air, Czech Airlines, Aero Mexico, Aeroflot -- with a network serving 898 destinations in 169 countries.
"We're excited to continue our long term relationship with Alitalia by supplying them with our 'best in class' eVU portable entertainment system and services," said Fred Falk, president and CEO of e.Digital. "Most if not all of the eVU players Alitalia originally purchased four years ago, are still in service as a result of the eVU being a 'purpose built' device, making it easy to repair and refurbish. We look forward to working with Alitalia for many more years to come."
About e.Digital Corporation: e.Digital is a leading innovator of dedicated portable in-flight entertainment systems. More than 30 airlines have made dedicated portable systems powered by e.Digital technology their in-flight entertainment choice. e.Digital also owns and is monetizing its Flash-R™ portfolio of flash memory-related patents. e.Digital was the first company to develop, patent, and productize fundamental technology that opened the door to the widespread use of flash memory in many of today's popular electronic products. For more information about e.Digital, please visit: www.edigital.com.
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.
