Third of today's releases: (in it's entirety, much to my shame)
Wave Systems Becomes Newest Principal Member of The Smart Card Forum
May 11, 1999 8:03 AM EDT
Innovator of E-commerce, Content Distribution and Security Services Finds Membership Privileges Beneficial
WASHINGTON, May 11 /PRNewswire/ -- The Smart Card Forum (SCF), a multi-industry organization working to accelerate the widespread acceptance and application of smart card technology, announced today that Wave Systems Corporation (OTC Bulletin Board: WAVX) (http://www.wave.com) has joined as the Forum's newest Principal Member. Wave Systems is a leading provider of e-commerce, content distribution and security services, that together with smart card applications, provide a new and emerging model for the digital economy.
"This is a very exciting time for smart card applications, thanks to companies like Wave and the solutions they provide. Their solutions will facilitate the large-scale adoption of smart cards we are certain to see in the future," said SCF President and CEO Donna Farmer. "The benefits offered by the Forum are unmatched in the industry, with the vast amount of information that is available to Wave Systems and our other members from our research findings and workgroup meetings, as well as the Smart Card Forum Educational Institute. With the technology expertise that Wave brings to our members, and the membership privileges given to them, we look forward to a mutually complementary relationship."
Additionally, Ms. Farmer noted that Lark Allen, executive vice president of strategy and business development for Wave Systems, will be speaking at the Forum's "Enabling Privacy in a Virtual World" symposium on privacy being held on Thursday, May 20 in Washington, DC.
As a Principal Member, Wave is entitled to privileged access to the Smart Card Forum Consumer Research, other Forum sponsored research and documents, along with attendance at the Technical Working Group sessions, Smart Card Forum Educational Institute programs, and the Annual Meeting.
"Wave's distributed, trusted client approach to e-commerce will have a significant effect on many industries, and we regard our membership in The Smart Card Forum as an important way for us to reach complementary markets and gain industry support for this new e-commerce solution. Wave's EMBASSY trusted client architecture provides a secure open systems processing platform which any smart card applications developer can use to deploy applications services," said Steven Sprague, president of Wave. "Our partnerships with leading security, smart card and content providers are key to the market success of our solution, and we look forward to working closely with the Forum."
The Smart Card Privacy Symposium
The Smart Card Forum Privacy Symposium will be held at the Monarch Hotel, 2401 M St., NW, Washington, DC, and is open to members and non-members alike. The event will address privacy issues from a multi-disciplined perspective and is intended to objectively examine key issues regarding privacy and security on the Internet. The use of smart cards as a technology that may be applied to enable privacy is central to the theme. Members are entitled to special discounted attendance. The fee for non-members is $395. Attendees may register online at www.smartcardforum.org or by calling (202) 530-5306. Registration and continental breakfast will start at 7:30 a.m. on the day of the event and the program will begin at 8:00 a.m. and end with a reception for attendees from 6:00 p.m. to 8:00 p.m.
About Wave Systems Corp.
Founded in 1988, the mission of Wave Systems Corporation is to create content distribution and secure services based on a new distributed trust model for e-commerce. Wave's core EMBASSY technology is based on an open, standards-based hardware and software device that enables secure transaction processing and distributed information metering in users' PCs. Embedded in PC hardware and peripherals, set-top boxes and other devices, EMBASSY is the foundation for client-based security applications and a new distribution and purchasing model for content and services. This low-cost, secure "system within a system" will enable the personal computer to assume an important new role in the evolving digital economy. By moving secure transactions to the desktop, Wave provides intrinsic value to the electronic commerce process, benefiting PC users, application developers, and hardware manufacturers. For more information, please visit Wave's corporate web site at wave.com
About The Smart Card Forum
The Smart Card Forum is a non-profit, multi-industry organization of nearly 200 members working to accelerate the widespread acceptance of multiple application smart card technology by bringing together, in an open forum, leading users and technologists from both the public and private sectors. The Smart Card Forum is the leading organization for education and awareness of topical issues associated with the use and adoption of smart card systems. The Smart Card Forum also operates the Smart Card Forum Educational Institute, the industry-leading course dedicated to providing smart card education that has set the standard in the industry. The curriculum is based on leading edge educational models and methodologies utilizing experienced instructors who are experts in the smart card industry. For more information about The Smart Card Forum, log on to the organization's Web site at www.smartcardforum.org. SOURCE Wave Systems Corporation
© PR Newswire. All rights reserved.
Click Here |
