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BREAKING: Loop Insights Announces Reseller Partnership And First Sale With Vend, A Global POS Company Used In 25,000 Stores Across 140 Countries

  • Announced the signing of a channel reseller partnership with global cloud-based Point-of-Sale (POS) company, Vend, as well as, the first sale to a Vend client
  • Vend is the first POS built for iOS and is now used in over 25,000 stores across 140 countries
  • Vend’s fast growth and global reach creates opportunities across the world for Loop and its technology in the retail vertical

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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.

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