eDigital Announces License Agreement With Myfox

 

SAN DIEGO, CA— March 09, 2016 – e.Digital Corporation (OTCQB: EDIG), a long standing source of innovation and future-defining patented technologies, today announced that it has entered into a royalty bearing license agreement and a settlement agreement with Myfox, Inc. (Myfox). Under the terms of the confidential agreements, Myfox has obtained a license to the Company’s Nunchi® patent portfolio.

Nunchi technology gathers information based on physical sensors, actions in an environment, as well as historical data, and acts on this information to perform operations or communicate. Applications based on Nunchi technology may include the use of the cloud, communication networks, sensors, algorithms, as well as databases, to understand and respond to the needs of people.

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