e.Digital Corp. reported unaudited consolidated earnings results for the second quarter and six months ended September 30, 2009. The company reported revenues for the second quarter totaled $1.5 million, compared to revenues of $1.8 million for fiscal second quarter of fiscal 2009. Revenues included $1.25 million in licensing fees from the Company's Flash-R(TM) patent portfolio. Income before provision for income taxes for the second quarter was $554,000 compared to net income before income taxes of $235,000 for the comparable period for the prior year. The $319,000 improvement was the result of reduced operating and other expenses that offset a slight decline in revenues and related gross profit. Net income attributable to common stockholders for the second quarter was $292,000 or $0.00 per share, compared to a net loss attributable to common stockholders of $72,000 or $(0.00) per share for the same period last year. The company reported operating income was $59,000 against $400,000 for the same period a year ago. Revenues for the first six months of fiscal 2010 were $1.7 million, compared to $2.2 million for the same six months in fiscal 2009. The 19% reduction in revenues included reduced product revenues and patent license revenues and increased service revenues. Net loss attributable to common stockholders for the first six months of fiscal 2010 was $320,000 or $(0.00) per share, an improvement compared to the net loss attributable to common stockholders of $743,000 or $(0.00) per share for the same period last year. Loss before provision for income taxes for the six months was $15,000 compared to net loss before income taxes of $434,000 for the comparable period for the prior year. The company reported operating income was $4,000 against operating loss of $171,000 for the same period a year ago.

e.Digital Corp. announced that it has entered into a cross licensing and settlement agreement with Samsung Electronics Co Ltd. (Samsung). Under the terms of the confidential agreement, Samsung obtained a license and release on e.Digital's foreign and domestic patent rights, including the Company's Flash-R(TM) patent portfolio, and e.Digital obtained a license and release on certain Samsung patents. e.Digital also received a one-time licensing fee.

e.Digital Corp., Annual General Meeting, Nov 19, 2009, at 14:00 Pacific Daylight. Location: 16770 West Bernardo Drive, San Diego, CA 92127, United States. Agenda: To elect directors of the company to serve as directors until the annual meeting of stockholders to be held in 2010, and until such directors' successor has been duly elected and qualified or until such directors have otherwise ceased to serve as directors; to ratify the appointment of SingerLewak LLP as independent accountants for the Company for the fiscal year ending March 31, 2010; and to transact such other business as may properly come before the meeting or any postponements or adjournments thereof.