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MP3.com to Provide College Radio Program to e.Digital Customers; e.Digital Consumers Will Be Able to Download Hot New Music & Bands Directly to Their Portable Digital Audio Players

Business Wire, Sept 24, 2002

Business Editors and High-Tech Writers

SAN DIEGO--(BUSINESS WIRE)--Sept. 24, 2002

e.Digital Corp. (OTCBB:EDIG) today announced a joint marketing partnership with MP3.com to provide an exclusive version of the best new music from "The Download," MP3.com's nationally syndicated college radio program, on e.Digital's soon-to-be-launched music Web site.

Songs from The Download also will be bundled with select e.Digital portable audio players. The initiative expands the services offered and provided through e.Digital's Broadband Entertainment Business Unit.

Visitors to e.Digital's new music Web site will be able to stream or download a special version of MP3.com's two-hour college radio program.

"This partnership symbolizes the convergence of the entertainment experience with hardware at the consumer level," said Bryan Jones, vice president of Broadband Entertainment for e.Digital. "MP3.com's college radio program features a variety of great music, from independent artists to top name bands. Through e.Digital's partnership with MP3.com, our customers will be able to download music from the Web directly to their players. When consumers buy a product from e.Digital, they're not just getting a portable MP3 player, they're getting an entire digital audio listening experience," Jones continued.

Stacy Clark, general manager of MP3.com, said, "College campuses are a hotbed for emerging artists, and college students represent a large number of music enthusiasts who are plugged into the independent music scene. By offering this custom version of our college radio program on e.Digital's Web site and players, our artists have additional access to an expanding audience of hip, digitally-savvy music lovers."

The Download

Hosted by Tom Perry, former DJ on WHFS in Washington, D.C. and 91X in San Diego, "The Download" is MP3.com's nationally-syndicated college radio show. Each show features two hours of the best new music from the Internet, consisting of up-and-coming digital artists as well as many high profile artists. Recent programs have included tracks from the well-known group Jimmy Eat World as well as songs from emerging bands EBO, Jucifer, and Brendan Benson. "The Download" airs each week on more than 40 college stations across the U.S. and Canada in major markets including New York; Chicago; Washington, D.C.; San Francisco; and Milwaukee. MP3.com will be providing eDigital with an exclusive version of "The Download to be featured on eDigital's Web site and players.

About MP3.com Inc.

MP3.com Inc. is home to one of the largest collections of digital music on the Internet. A favorite of music fans and emerging artists alike, MP3.com features streaming and downloadable music from more than 230,000 artists and over 1.5 million songs and audio files. In addition, the site provides a wide range of unique products and services including on-demand music subscription services, comprehensive genre/artist charts, and a premium artist service (PAS) to showcase and promote artists. Along with RollingStone.com, EMusic.com and MP4.com, MP3.com is part of the music and media group of Vivendi Universal Net USA Group, Inc. -- the U.S. arm of VUNet, Vivendi Universal's Paris-based Internet and technology unit.

About e.Digital

e.Digital Corp. designs, licenses, brands, manufactures, and sells digital audio products and technologies. The company's trademarked digital audio players include the MXP(TM) 100, Treo(TM) 15 and Treo 10, Odyssey(TM) 100, Odyssey 200, and Odyssey 300. The company also offers an engineering partnership for the world's leading electronics companies to link portable digital devices to PCs and the Internet. e.Digital develops and markets to consumer electronics manufacturers complete end-to-end solutions for delivery and management of open and secure digital media with a focus on music, voice and video players/recorders, and automotive infotainment and telematics systems. Other applications for e.Digital's technology include portable digital music players and voice recorders; desktop, laptop, and handheld computers; PC peripherals; cellular phone peripherals; e-books; video games; digital cameras; and digital video recorders. Engineering services range from the licensing of e.Digital's patented MicroOS(TM) file management system to custom software and hardware development, industrial design, and manufacturing services. For more information on the company, visit www.edig.com. To shop at the e.Digital online store, visit www.edigital-store.com.

Safe Harbor statement under the Private Securities Litigation Reform of 1995: All statements made in this document, other than statements of historical fact, are forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the businesses of the company and the industries and markets in which the company operates. Those statements are not guarantees of future performance and involve risks, uncertainties and assumptions that will be difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied by those forward-looking statements. Factors that may affect the company's businesses, financial condition and operating results include future products and results, technological shifts, potential technical difficulties that could delay new products and services, competition, pricing pressures, the uncertainty of market acceptance of new products and services by OEM's and end-user customers, effects of changes in the economy, consumer spending, the ability of the company to maintain relationships with strategic partners and suppliers, the ability of the company to timely and successfully develop, maintain and protect its technology and product and service offerings and execute operationally, the ability of the company to attract corporate financing and the ability of the company to attract and retain qualified personnel. These factors may also include, but are not limited to, general market conditions, the company's ability to develop new products to meet market demand, the company's ability to maintain cost controls, the mix of products and services the company's customers require and the effects of natural disasters, international conflicts and other events beyond the company's control. More information about potential factors that could affect the company can be found in its most recent Form 10-K, Form 10-Q and other reports and statements filed by e.Digital with the Securities and Exchange Commission ("SEC"). e.Digital disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated by it.

 

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