Note emds appears to be the name used for the ISIS II confidence test application
The version here corresponds to Confid v1.0 & v1.1
emds is the located application, which on the disk is translated to bin format as isis.bin
i.e. it boots up running this app
emds.ln (emds.lnk renamed to avoid windows treating as a shortcut)
is the file pre running through locate

Of interest is that the public symbols and relocation information is available to help
with reverse engineering should this be desired