biomedman's Profile
biomedman's Posts
Not only do they have to win..........but as you said, "win big" as in multimillion $$ settlement. And then there is the appeal process. Patriot won in court but settlement was only a million. That reulted in a share price drop to under 3 cents..........
Plus the process took two years!
Biomedman
long since 99
I can't recall a time when we've seen 1.8M shares traded by 1pm and then none for 2 1/2 hours. Either manipulation or something's up..........
Biomedman
long since 99
News for 'EDIG' - (Handal & Associates Files Infringement Suits Against
Smartphone Makers)
SAN DIEGO, CA, Apr 02, 2013 (Marketwired via COMTEX) -- Handal & Associates
announced today that it has filed new patent infringement lawsuits on behalf of
its client, e.Digital Corporation (OTCQB: EDIG).
Another series of suits have been filed by Handal & Associates on behalf of its
client, e.Digital, Corporation. The cases target smartphone manufacturers and
resellers including RIM, Motorola, Apple, Huawei and ZTE. The complaints allege
that products made by the Defendants infringe e.Digital's patents covering the
use of flash memory technologies. The asserted patents are part of e.Digital's
Flash-R(TM) patent portfolio. All of the cases have been filed in the United
States District Court for the Southern District of California.
The suits allege infringement of multiple claims across several patents covering
a broad spectrum of products. Notably, the suits seek infringement damages
against smartphones and tablets for features related to, among other things,
flash memory integrity testing, noise suppression technology and file management
functionalities.
"We have examined hundreds of products to determine whether they infringe
e.Digital's patents. We have found that several products utilize core
technologies that belong to and are patented by e.Digital," said Anton Handal,
counsel for e.Digital. "The Flash-R patent portfolio is rich in technologies and
teachings that are central to the functionality of many current consumer
electronics products. Among these is the noise cancellation claims of the '108
patent, which, generally speaking, teach the use of two microphones in handheld
devices to reduce background noise. We are also seeing the use of file editing
functionalities in these products that are embodied in the '170 patent," he
added. "In addition, we are seeing many flash-based devices utilizing a memory
integrity technology that was originally patented by e.Digital. Determining
memory integrity is very important technology in today's highly-integrated
consumer electronics products," Handal stated.
Handal & Associates is a boutique law firm with a practice weighted towards
intellectual property and commercial transactions. Located in San Diego, it
represents clients from around the world.
Contact:
www.handal-law.com
619-544-6400
News for 'EDIG' - (e.Digital Corporation Retains IPmetrics for Monetization of
Nunchi(R) Patent Portfolio)
SAN DIEGO, CA, Mar 27, 2013 (MARKETWIRE via COMTEX) -- e.Digital Corporation
(OTCQB: EDIG), the owner of a comprehensive technology portfolio relating to
context and interpersonal awareness technologies, announced today that it has
retained IPmetrics Intellectual Property Consulting to manage the valuation and
monetization of the Nunchi patent portfolio.
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(TM) 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(TM) 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.
Dish, did you see the Bid size of 392,000 at .13...........that's the largest bid size I've seen in the last few months. Bid raised to .135 and size dropped significantly.
biomedman
PS: For those who saw my comment on PTSC M&A boondoggle with their cash from IP...........I did not mean to imply that "M&A is necessarily bad". PTSC, and EDIG both have problems without the expertise to evaluate good acquisitions. Therefore, I would recommend they stay away from trying to buy companies. Given good solid diligence and a good strategic fit, cash spent on an acquisition could be good for share price and ROI.