Newport Digital Technologies, Inc., a technology solutions driven company organized to focus on serving the fastest-emerging businesses in the technology space, announced today after the closing bell that it has implemented the licensing agreement with Microsoft Corp. to develop applications for its Windows Mobile platform. The Company has also progressed with their distribution agreement previously announced with Ingram Micro, Inc. (NYSE: IM), which will serve as its initial primary sales channel partner.

Newport Digital Technologies, Inc. (NPDT), in conjunction with leading Taiwan-based R&D technology incubators, the Institute for Information Industry (III) and the Industrial Technology Research Institute (ITRI), is commercializing a number of leading-edge Radio Frequency Identification (RFID) technologies. The first product is the N37B Ruggedized Handheld RFID reader and computing device that was unveiled this week at the Voluntary Interindustry Commerce Solutions Association (VICS) conference hosted by the University of Arkansas

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Several patents previously held by Microsoft (MSFT) are expected to change hands. Microsoft acquired the patents from Silicon Graphics and subsequently sold them to Allied Security Trust (AST) at a private auction. AST is expected to resell the patents to Open Invention Network (OIN). The patents purportedly relate to Linux open source technology, which is the reason for the interest in them.

OIN consists of member companies such as RedHat (RHAT), International Business Machines (IBM), Phillips and Novell (NOVL), which use open source technology in their products. OIM licenses the patents but typically does not resell them.

AST is in the business of acquiring patents from owners, licensing the technology back to them and ultimately selling off the patents. The member firms include big names in the technology space, such as Motorola (MOT), Cisco Systems (CSCO), Sun Microsystems (JAVA), Hewlett Packard Co.

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A recent press release from International Business Machine (IBM) disclosed that the company won a deal from Implanet in the medical devices segment. Implanet, a manufacturer of implantable medical devices, selected IBM sensor technology to keep track of its product movement throughout its supply chain. This new sensor technology from IBM will take the help of BeepNTrack technology to monitor the movement of products.   This new technology will help Implanet to reduce cost incurred as a result of human error, keep track of inventory and help the company replenish out-of-stock products, at the same time alerting the company about any problem in its supply chain. Previously, Implanet was unable to track the product once it left its manufacturing facility, but now, with the use of BeepN'Track service based on Radio Frequency Identification (RFID) tags, the company will be able to keep track of them.   The usage ...

Today, Newport Digital Technologies, Inc. announced that its trading symbol has changed from IFDG to NPDT. Newport Digital Technologies, Inc. Chairman, Richard Damion, stated, “We are pleased to have completed the stock symbol change to NPDT. The entire team at Newport Digital is working to bring exciting business-to-business technology solutions to market with our strategic partners.”

The company also recently changed its corporate name to Newport Digital Technologies, Inc., reflecting the company’s commitment to bring world-class technology solutions to five of the fastest-emerging businesses in the technology space, including end-to-end RFID (radio-frequency identification), WiMax, eLearning, Digital Signage/LED Lighting and Security & Surveillance solutions.

“Our further goal is to build our business, our reputation, and our shareholder basis to the point where our Company may qualify for listing on the American or the NASDAQ stock exchange,” Mr. Damion concluded.

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