WAVX bluelighted with EDS/SSPX TAN news...
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REM55
Thursday January 10, 9:03 pm Eastern Time
EDS to run digital rights network for SSP
SAN FRANCISCO, Jan 10 (Reuters) - In a move that could bolster the sale of copyrighted digital content like movies and music over the Internet, services provider Electronic Data Systems Corp. (NYSE:EDS - news) (EDS) on Thursday said it will run an e-commerce network for SSP Solutions Inc. (NasdaqNM:SSPX - news).
Under the agreement, Plano, Texas-based EDS will host and manage SSP's Trusted Assurance Network, which is designed to offer digital rights management for online content providers including entertainment companies, banks and hospitals.
The SSP system uses Wave Systems Corp.'s (NasdaqNM:WAVX - news) EMBASSY microprocessor and software that encrypts content, allowing only authorized people to view it. The EMBASSY chip also enables content providers to offer micro-payment transactions, such as pay-per-view uses.
In addition to SSP outsourcing its network to EDS, EDS sells SSP products and services under a previous 10-year alliance, said Bill Holmes, vice president of marketing at SSP in Irvine, California.
``This is the commercial implementation'' of the Trusted Assurance Network, Holmes said. |
