(SAN DIEGO, CA, – October 12, 2016) – e.Digital Corporation (OTCQB: EDIG),
a long standing source of innovation and future-defining patented technologies, today announced the appointment of Don Springer as an independent director of the Company. Mr. Springer replaces Eric Polis, a director since 2008, who has resigned to devote more time to his personal business interests. Mr. Springer also replaces Mr. Polis on the Compensation Committee. The Company’s Chief Financial Officer, MarDee Haring-Layton, was appointed as Corporate Secretary. The Board will continue to have five directors, four of whom are indepe ndent directors.
“Don is an experienced international executive and has built a successful business providing companies, their board of directors, and executives, with valuable knowledge and direction as a result of his extensive career,” said Fred Falk, president and CEO of eDigital. “We are excited that he has joined our Board, outside of his business, and we look forward to benefitting from his judgement and expertise. We appreciate Eric’s eight years of service on our Board and the valuable advice he brought to eDigital. I offer my profound thanks to Eric for his service to the Company.”
Since 2004, Mr. Springer has been the co-founder and Chairman of The Colton Group, a board directorship and executive advisory firm providing actionable growth strategies to ignite and accelerate growth of emerging businesses, global companies, and social enterprises. Mr. Springer has extensive growth experience from building an $800M global enterprise, to multiple venture-backed start-ups. He has Fortune 200 experience as President of a Ford Motor Co. technology subsidiary, CEO of a Microsoft VAR, EVP of an EDS venture, and an early career at Texas Instruments. Mr. Springer has served on the boards of domestic and international technology and service companies, as well as international boards while living in Europe. He holds a B.A. in Philosophy from the University of North Texas.
“eDigital is positioning itself to take advantage of multiple strategic opportunities. I look forward to adding value with the Company in their future success,” said Mr. Springer.
About e.Digital Corporation:
For more than 27 years, eDigital's ideas and inventions have impacted the evolution of consumer products. Today, eDigital innovations, including its Flash-R™ portfolio of flash memory-related patents, and Nunchi
portfolio, are essential to many portable consumer electronic products. For more information about eDigital, please visit:
www.edigital.com
