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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?

To: Caxton Rhodes who wrote (9396)	11/9/1999 12:36:00 PM
From: Wooly	Respond to of 11417

WaveXpress to Demonstrate DTV-Based E-Commerce System at Comdex; Demos By Appointment; Information Available in Wave Systems Booth Business Wire - November 08, 1999 15:41 PRINCETON, N.J.--(BUSINESS WIRE)--Nov. 8, 1999--WaveXpress today announced that it will be demonstrating its system for using digital television (DTV) broadcasts to distribute digital content to consumers with properly equipped PCs at the Comdex trade show in Las Vegas, November 15-19. Appointments for demonstrations are available by contacting WaveXpress at 609-720-4811 or via e-mail at info@wavexpress.com Showgoers can obtain information on the floor from Wave Systems Corp. (Nasdaq: WAVX), at Las Vegas Convention Center booth No.L548. Wave Systems is co-founder of WaveXpress, along with Princeton-based Sarnoff Corporation. "We're well on the way to rolling out the WaveXpress system," said Bruce Campelia, the president of WaveXpress. "We've completed successful preliminary testing with a live broadcast feed, and we're now moving forward to our alpha test and commercial launch. "WaveXpress opens an avenue to e-commerce through the airwaves. Our demo will show how content and service providers deliver information services, software, games, and Internet content in a secure e-commerce structure within DTV broadcasts." WaveXpress will provide secure data broadcast architecture, infrastructure and content services to broadcasters and content providers. The content can be advertising-supported or pay-per-use, and the system also provides for product sales using e-commerce ordering methods. The information is carried in unused bandwidth in DTV broadcasts at speed from 10 to 300 times as fast as a dial-up connection. Users receive the transmissions through DTV tuner cards plugged into their PCs, while a standard modem on a phone line carries back billing and other transactions. The system is based on secure metering and transaction technology developed by Wave Systems, and on DTV technology from Sarnoff. The Fantastic Corporation provides network operation software. More information on Wave Express is available by contacting David Goldberg via e-mail at dgoldberg@wavexpress.com or by phone at 609-720-4813. Or visit the www.wavexpress.com web site. About Wave Systems Corp. Founded in 1988, the mission of Wave Systems Corp. is to create the world's best technologies and services to secure and sell digital information. With the recently completed acquisition of N*Able Technologies, Wave now has a comprehensive line of trusted client co-processor systems. Wave's technology is an inexpensive, open standards, hardware and software-based 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, Wave's trusted client technology 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 Sarnoff Corporation Sarnoff Corporation creates and commercializes electronic, biomedical and information technology. Founded in 1942 as RCA Laboratories, Sarnoff is now a wholly-owned, for-profit subsidiary of SRI International. The company's innovations include the development of color television and the liquid-crystal display, a leadership role in creating the technology for digital and HDTV in the U.S., and key contributions to the MPEG standards. Sarnoff works with industry and government clients to develop and improve specific technologies that will help change the world. The company has founded fourteen new companies to bring its technologies to market. More information is available at www.sarnoff.com. CONTACT: Tom Lento 609/734-3178