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

To: Blaine K who wrote (10246)	4/16/2000 8:29:00 PM
From: ecommerceman	Respond to of 11417

Another good RB post... By: adjida Reply To: 182570 by Mr.Tibbs Sunday, 16 Apr 2000 at 8:05 PM EDT Post # of 182669 Mr. Tibbs - Please refer to this which was posted by Mossguy as respects how Phillips will be using Wave. Please note that this is not WaveXpress!! mossguy NAB Day #5, PM and FINAL REPORT: A good day for WAVX and WaveXpress. It hasn't been formally announced yet, but WAVX and one of its new partners, Philips Electronics, won the "Editor's Choice" product award for their internet streaming product demostrated at the Philips booth here. The judges were the editors of the official NAB conference magazine, issued daily. So this will give WAVX a nice PR boost among content companies and others. To clarify, this has nothing to do with WaveXpress--this is an internet/software based solution to e-commerce that WAVX has been quietly moving forwar on with Philips. It does not use EMBASSY. Rather, it uses WAVX own network and servers to process credit card transactions for content providers. I went by the booth, got briefed and watched a demo. The product will be formally launched this summer, with Philips as a partner. As you may recall, while WAVX is concentrating on the hardware/EMBASSY solution as the best method of security/metering and e-commerce, it does want to be a full-service provider, so this is its internet/software product that will be available now, for content companies that are already moving in this area and who don't mid slightly less security than EMBASSY. WAVX and Philips are launching in computer products, but the goal is to eventually move to consumer elctronics, where Philips is a dominant player, according to the WAVX briefer of our group. The briefer called traffic to the demo "crazy," as in very busy. The product is MPEG-4 based player, open standard, Level 5 security standards (the highest for software). Look for more PR on this coming.