e.Digital

e.Digital Corporation (OTCQB: EDIG), a long standing source of innovation and future-defining patented technologies, today announced results for its second quarter of fiscal year 2015, ended September 30, 2014.

Recent Highlights:

Second Quarter Fiscal 2014 Financial Summary:The Company reported a net loss of $172,856 or $(0.00) per share, for the second quarter of fiscal 2015 compared to a net loss of $410,113 or $(0.00) per share for the prior year's second quarter. For the second quarter of fiscal 2015 revenues totaled $394,502 compared to $101,729 for the second quarter of the prior year. The most recent quarter included $340,034 of patent license revenues compared to $34,725 for the second quarter of the prior year. Operating expenses increased to $567,358 from $511,842 for the prior year's comparable quarter primarily due to increased patent-related legal costs.

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.

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 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.

http://money.cnn.com/news/newsfeeds/articles/marketwire/11G026204-001.htm