To: ecommerceman who wrote (7069 ) 5/25/1999 11:56:00 PM From: Marty Lee Respond to of 11417
To all: In due time... This is both for newcomers and a refresher course: In due time, we'll be watching movies over the Net. In the meantime, Wave Systems' technology will prevail and profit. Personal computer systems are being enabled and empowered as information-producers look to the computer industry to expand their markets. Personal computers with faster fiber network connectivity will make use of Wave Systems' vastly more efficient data distribution intelligence. The WaveMeter increases the client-side communications powers of computers. Wave Systems' digital data distribution system will unleash immense volumes of data currently held in data bases, on disks, tapes, microfilm, cassettes, and in libraries around the world. With Wave Systems' technology, the distribution of encyclopedias, technical standards, reference works, magazines, newspapers, videos, music, and software is made possible on a pay-only-for-what-you-access basis. With Wave Systems' incomparably more economical desktop device, consumers can become information-sharing publishers. Desktop publishers of any digital media can “cut out the middleman” and profit specific royalties for their works each time they are decrypted. Multi-channel digital content distribution will be dominated by smart microprocessor technology such as EMBASSY - Embedded Application Security Systems. Wave Systems Corporation's smartcard-like microprocessors will reside in PC's and other devices owned by consumers such as modems, TV tuner cards, set-top boxes, etc. Integrating a micro-controller, onboard ROM and RAM, a cryptographic module, a real-time clock and a host interface system, the microprocessors will provide for both security and privacy needs while transferring transaction processing functions to the consumer's desktop, independent of a central server. Such smart microprocessors will eliminate the need for consumers to enter passwords, security codes or credit card information for each transaction. Processing transactions locally at the consumer's desktop through smart microprocessors makes the distribution process more economically scalable to large numbers of consumers, avoiding the higher transaction handling costs inherent in server-based/software-only solution systems. With stored currency EMBASSY's client-side processing system allows for micro-transactions down to a fraction of a cent and provides the packaging of content for free trial use, sale, subscription, rental, pay-per-view/use or other pricing options. Putting the point of purchase on the client-side uses sever capacity to maximum efficiency and provides consumers with detailed transaction logs with which to conveniently record and track their own purchasing status and power. There is only one company which has developed such a smart microprocessor and which is well ahead and on its way toward making this architectural shift come about through OEM's such as Hewlett Packard, IBM, and Sun Micosystems to name a few. The company is the most actively talked about at Web investor sites such as Raging Bull and Silicon Investors: Wave Systems Corporation. WAVX. wavesys.com If all this reads like it came off of Wave's Web Site, that's because it did... Sincerely, Marty