BeaconEquity.com announces the publication of an article covering e.Digital’s recently announced licensing and settlement agreement with Olympus, and the company’s expected settling of additional patent infringement suits.
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In the article the author writes:
“e.Digital Corp. (OTCBB: EDIG), a leading innovator of dedicated portable entertainment systems, recently announced it has entered into a licensing and settlement agreement with Olympus to license e.Digital’s patented rights. Under the terms of the confidential agreement, Olympus has gained rights to e.Digital’s Flash-R™ patented technology for both domestic and international markets. e.Digital received a one-time licensing fee from Olympus.”
e.Digital expects settlements in its remaining patient infringement cases:
“Since filing its first patents, the company has been successful in its suits, which claim patent infringement against eight defendants since the company initially brought suit against several defendants in September of 2007. e.Digital has been successful in settling with most of the defendants, with additional settlements expected for the remaining cases.”
To read the entire article visit http://www.beaconequity.com/m
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Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
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