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

To: Semyon Kuretsky who wrote (5660)	2/23/1999 7:16:00 AM
From: Captain Jack	Read Replies (1) \| Respond to of 11417

news: biz.yahoo.com Tuesday February 23, 6:31 am Eastern Time Company Press Release Wave Systems Joins TRUSTe Privacy Seal Program Wave Demonstrates Ongoing Commitment to Customer Privacy and Security SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 23, 1999--Wave Systems Corp., (OTC BB:WAVX - news; wave.com), a company that facilitates secure transactions on the desktop, today announced that it has become a licensee of the TRUSTe privacy seal program. Wave's TRUSTe license marks the latest in a series of announcements demonstrating the progression of the company's trusted-client technology -- a vehicle that enables secure and safe e-commerce transactions. As part of its licensing commitment, Wave will adhere to TRUSTe's principles of fair information practices and disclosure -- an initiative to help assure that consumers are empowered to make informed choices about their privacy. TRUSTe's privacy seal, or ''trustmark,'' will be prominently displayed on Wave's home page. The seal will offer a direct link to Wave's privacy statement, which provides customers with details of the company's privacy and security policies. ''One of the primary inhibitors to the broad acceptance of e-commerce is consumers' concern about the privacy of personally identifiable information,'' stated Steven Sprague, president and COO of Wave. ''As a TRUST licensee, developer of the 'trusted client' system, and an underwriter of Georgetown University's study on Internet Privacy, Wave is committed to consumer privacy.'' ''The TRUSTe privacy seal program is designed to increase consumers' confidence in online transactions by giving them control over their personal information,'' said Susan Scott, executive director of TRUSTe. ''By becoming a TRUSTe licensee, Wave is making it easy for its customers to locate and understand information regarding Wave's online privacy and security policies.'' Today's announcement follows recent agreements that deliver on Wave's strategy to develop applications for its trusted-client technology. Introduced by HP and Wave Systems last October, the trusted-client system is an open, programmable hardware- and software-based device that creates a fully exportable, secure and trusted environment within the PC. Wave's EMBASSY E-Commerce System is the first implementation of trusted-client technology and will be included on motherboard, peripheral and set-top box chip sets. Information on Wave's ''trusted client'' and EMBASSY system are available at wave.com 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. Wave's core EMBASSY technology is an inexpensive, proprietary 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, 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 TRUSTe TRUSTe, the Internet industry's privacy seal program, is a non-profit organization dedicated to building global trust and confidence in the Internet through a third-party oversight ''seal'' program. TRUSTe assures users that sites are indeed doing what they claim through periodic site reviews and provides consumers with a dispute resolution mechanism. Sites that have successfully met TRUSTe guidelines are able to display a ''trustmark'' seal to inform users of their participation in the program. Currently, according to Media Metrix, 88 percent of all U.S. Web users visit a TRUSTe-licensed site each month. In addition, TRUSTe-licensed sites account for 25 percent of total Web traffic and time spent on the Web. Visit www.truste.org for a complete listing of licensees. Safe Harbor for Forward-Looking Statements Except for the statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to fund operations, the loss of market share, changes in consumer buying habits and other factors over which Wave Systems Corp. has little or no control. Contact: Wave Systems Corp. Kent W. Kappen, 408/261-9510 kkappen@wavesys.com or Jaffoni & Collins for Wave Systems David Collins/Kathy Holmes, 212/835-8500 (Investors) WAVX@jcir.com or Fleishman-Hillard for Wave Systems Aaron Feigin, 415/356-1033 (Media) feigina@fleishman.com CJ

To: Semyon Kuretsky who wrote (5660)	2/23/1999 7:56:00 AM
From: SlateColt	Read Replies (1) \| Respond to of 11417

Semyon. This is our license to print money. EOM

To: Semyon Kuretsky who wrote (5660)	2/23/1999 6:07:00 PM
From: Marc Bejarano	Read Replies (1) \| Respond to of 11417

Here is something to think about: go2net.newsalert.com very interesting... i didn't realize that SMSC was getting into the pc chipset business. this would allow them to imbed the embassy technology somewhere closer to the heart of the pc. the current solution as far as i know it is to put the embassy in the i/o chip. it is my understanding that this chip is connected to the rest of the system via the ISA bus. though we know that the meter (at least in the old wavemeter form) supports high-speed decryption of 100Mb/s (roughly 12MB/s), i have always wondered how we could get that data to the CPU/RAM, etc if our device was hanging off of the i/o chip in its current incarnation. ISA doesn't provide nearly enough bandwidth and DMA transfers require a separate channel for each device. if SMSC incorporates the embassy into a full-fledged chipset, the meter can hang off of the pci bus where we have unlimited DMA through bus-mastering and 133MB/s of bandwidth. or maybe they can introduce the embassy-bus? ;) i would love for steven to clarify just where SMSC is planning on putting the embassy. all we have heard so far is that it will be integrated into the I/O chip. how? marc ps: for some interesting reading, check out mp3.com . i wonder if Jim Griffin has ever heard of the wave meter? pps: the 100Mb/s number comes from Message 2917946 gosh... that seems like years ago....