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ohdagagain
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Nice cheap NASDAQ stock that is well undervalued.

VectorVest Stock Analysis of Wave System as of 4/13/2006


This report has five major sections.
Capital Appreciation Analysis
Dividend Analysis
Price-Volume Data
Sales / Market Capitalization Information
Summary



The ticker symbol for Wave System is WAVX. WAVX is traded on the NASDAQ - (O)

Business: WAVE SYSTEMS CORP -CL A, (WAVX) owns and markets the Wave System, which performs e-commerce buying transactions in a range of consumer electronic devices, including computers, personal digital assistants, and interactive televisions, for the use of electronic content and services.
Business Sector: WAVX has been assigned to the Software Business Sector. VectorVest classifies stocks into over 200 Industry Groups and 40 Business Sectors.
Industry Group: WAVX has been assigned to the Software (Security) Industry Group. VectorVest classifies stocks into over 200 Industry Groups and 40 Business Sectors.

Capital Appreciation Analysis Back to top

Value: Value is a measure of a stock's current worth. WAVX has a current Value of $1.35 per share. Therefore, it is undervalued compared to its Price of $0.63 per share. Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates. Value increases when earnings, earnings growth rate and profitability increase, and when interest and inflation rates decrease. VectorVest advocates the purchase of undervalued stocks. At some point in time, a stock's Price and Value always will converge.

RV (Relative Value): RV is an indicator of long-term price appreciation potential. WAVX has an RV of 1.52, which is excellent on a scale of 0.00 to 2.00. This indicator is far superior to a simple comparison of Price and Value because it is computed from an analysis of projected price appreciation three years out, AAA Corporate Bond Rates, and risk. RV solves the riddle of whether it is preferable to buy High growth, High P/E stocks, or Low growth, Low P/E stocks. VectorVest favors the purchase of stocks with RV ratings above 1.00.

RS (Relative Safety): RS is an indicator of risk. WAVX has an RS rating of 0.76, which is poor on a scale of 0.00 to 2.00. RS is computed from an analysis of the consistency and predictability of a company's financial performance, debt to equity ratio, sales volume, business longevity, price volatility and other factors. A stock with an RS rating greater than 1.00 is safer and more predictable than the average stock in the VectorVest database. VectorVest favors the purchase of stocks of companies with consistent, predictable financial performance.

RT (Relative Timing): RT is a fast, smart, accurate indicator of a stock's price trend. WAVX has a Relative Timing rating of 0.90, which is fair on a scale of 0.00 to 2.00. RT is computed from an analysis of the direction, magnitude, and dynamics of a stock's price movements over one day, one week, one quarter and one year time periods. Once a stock's price has established a strong trend, it is expected to continue in that trend for the short-term. If a trend dissipates, RT will gravitate toward 1.00. RT will explode from bottoms, dive from tops, and reflect changes in price momentum. VectorVest favors the purchase of stocks with RT ratings above 1.00.

VST (VST-Vector): VST is the master indicator for ranking every stock in the VectorVest database. WAVX has a VST rating of 1.07, which is fair on a scale of 0.00 to 2.00. VST is computed from the square root of a weighted sum of the squares of RV, RS, and RT. Stocks with the highest VST ratings have the best combinations of Value, Safety and Timing. These are the stocks to own for above average, long-term capital appreciation. VectorVest advocates the purchase of safe, undervalued stocks rising in price.

Recommendation (REC): VectorVest gives a Buy, Sell, Hold recommendation on every stock, every day. WAVX has a Hold recommendation. REC reflects the cumulative effect of all the VectorVest parameters working together. These parameters are designed to help investors buy safe, undervalued stocks rising in price. They also help investors avoid or sell risky, overvalued stocks falling in price. VectorVest recommends that investors buy high VST-Vector, Buy-rated stocks in rising markets.

Stop (Stop-Price): Stop is an indicator of when to sell a long position or cover a short position. WAVX has a Stop of $0.61 per share. This is $0.02 below WAVX's current closing Price. A stock's Stop is computed from a 13 week moving average of its closing prices, and is fine-tuned according to the stock's fundamentals. High RV, high RS stocks have lower Stops, and low RV, low RS stocks have higher Stops. In the VectorVest system, a stock gets a 'B' or 'H' recommendation if its Price is above its Stop and an 'S' recommendation if its Price is below its Stop.

GRT (Earnings Growth Rate): GRT reflects a company's one to three year forecasted earnings growth rate in percent per year. WAVX has a forecasted Earnings Growth Rate of 32.00%, which VectorVest considers to be excellent. GRT is computed from historical, current and forecasted earnings data. It is updated each week for every stock in the VectorVest database. GRT often foretells a stock's future price trend. If a stock's GRT trend is upward, the stock's price will likely rise. If GRT is trending downward, the stock's Price will probably fall. VectorVest favors the purchase of stocks whose GRT is rising and is greater than the sum of current inflation and interest rates, (9.74%).

EPS (Earnings per Share): EPS stands for leading 12 months Earnings Per Share. WAVX has a forecasted EPS of $0.06 per share. VectorVest determines this forecast from a combination of recent earnings performance and traditional fiscal and/or calendar year earnings forecasts.

P/E (Price to Earnings Ratio): P/E is a popular measure of stock valuation which shows the dollars required to buy one dollar of earnings. WAVX has a P/E of 10.50. This ratio may be deemed to be high or low depending upon your frame of reference. The average P/E of all the stocks in the VectorVest database is 28.63. P/E is computed daily using the formula: P/E = Price/EPS.

EY (Earnings Yield): EY reflects earnings per share as a percent of Price. EY is related to P/E via the formula, EY = 100 / (P/E), and may be used in place of P/E as a measure of valuation. EY has the advantages that it is always determinate and can reflect negative earnings. WAVX has an EY of 10.07 percent. This is above the current average of 3.50% for all the stocks in the VectorVest database. EY equals 100 x (EPS/Price).

GPE (Growth to P/E Ratio): GPE is another popular measure of stock valuation. It compares earnings growth rate to P/E ratio. WAVX has a GPE rating of 3.23. High growth stocks are believed to be able to justify high P/E ratios. A stock is commonly considered to be undervalued when GPE is greater than 1.00 and overvalued when GPE is below 1.00. Unfortunately, this rule of thumb does not take into account the effect of interest rates on P/E ratios. The operative GPE ratio of 1.00 is valid when and only when interest rates equal 10%. With long-term interest rates currently at 6.14%, the operative GPE ratio is 0.38. Therefore, WAVX may be considered to be undervalued.

Dividend Analysis Back to top

DIV (Dividend): VectorVest reports annual, regular, cash dividends as indicated by the most recent payments. Special distributions, one-time payments, stock dividends, etc., are not generally included in DIV. WAVX does not pay a dividend.

DY (Dividend Yield): DY reflects dividend per share as a percent of Price. WAVX does not pay a dividend, so it does not have a Dividend Yield rating. . DY equals 100 x (DIV/Price). It is useful to compare DY with EY. If DY is not significantly lower than EY, the dividend payment may be in jeopardy.

DS (Dividend Safety): DS is an indicator of the assurance that regular cash dividends will be declared and paid at current or at higher rates for the foreseeable future. WAVX does not pay a dividend, so it does not have a Dividend Safety rating . Stocks with DS values above 75 typically have RS values well above 1.00 and EY levels that are much higher than DY.


DG (Dividend Growth Rate): Dividend Growth is a subtle yet important indicator of a company's financial performance. It also provides some insight into the board's outlook on the company's ability to increase earnings. WAVX does not pay a dividend, so it does not have a Dividend Growth rating .

YSG (YSG-Vector): YSG is an indicator which combines DIV, DY and DG into a single value, and allows direct comparison of all dividend-paying stocks in the database. WAVX does not pay a dividend, so it does not have a YSG rating . Stocks with the highest YSG values have the best combinations of Dividend Yield, Safety and Growth. These are the stocks to buy for above average current income and long-term growth.

Price-Volume Data Back to top

Price: WAVX closed on 4/13/2006 at $0.63 per share

Open: WAVX opened trading at a price of $0.64 per share on 4/13/2006.

High: WAVX traded at a High price of $0.65 per share on 4/13/2006.

Low: WAVX traded at a Low price of $0.62 per share on 4/13/2006

Close: WAVX closed trading at price $0.63 per share on 4/13/2006. (Close is also called Price in the VectorVest system)

Range: Range reflects the difference between the High and Low prices for the day. WAVX traded with a range of $0.03 per share on 4/13/2006.

$Change: WAVX closed up 0.01 from the prior day's closing Price.

%PRC: WAVX's Price changed 1.61% from the prior day's closing price.

Volume: WAVX traded 400,526 shares on 4/13/2006.

AvgVol: AvgVol is the 50 day moving average of daily volume as computed by VectorVest. WAVX has an AvgVol of 994,700 shares traded per day.

%Vol: %Vol reflects the percent change in today's trading volume as compared to the AvgVol. %Vol equals ((Volume - AvgVol) / AvgVol ) * 100. WAVX had a %Vol of -59.73% on 4/13/2006

CI (Comfort Index): CI is an indicator which reflects a stock's ability to resist severe and/or lengthy price declines. WAVX has a CI rating of 0.50, which is poor on a scale of 0.00 to 2.00. CI is quite different from RS in that it is based solely upon a stock's long-term price history. VectorVest advocates the purchase of high CI stocks.

Sales / Market Capitalization Information Back to top

Sales: WAVX has annual sales of $1,000,000.00

Sales Growth: Sales Growth is the Sales Growth Rate in percent over the last 12 months. WAVX has a Sales Growth of 221.00% per year. This is excellent. Sales Growth is updated each week for every stock. It is often useful to compare Sales Growth to Earnings Growth to gain an insight into a company's operations.

Sales Per Share (SPS): WAVX has annual sales of $0.01 per share. SPS can be used as a measure of valuation when comparing stocks within an Industry Group.

Price to Sales Ratio (P/S): WAVX has a P/S of 57.77. This ratio is also used as a measure of valuation. Here, too, it is useful when comparing stocks within an Industry Group.

Shares: WAVX has 93,000,000.00 shares of stock outstanding.

Market Capitalization: WAVX has a Market Capitalization of $58,000,000.00. Market Capitalization is calculated by multiplying price times shares outstanding.

Summary Back to top

WAVX is undervalued compared to its Price of $0.63 per share, has somewhat below average safety, and is currently rated a Hold.

The basic strategy of VectorVest is to buy Low risk, High reward stocks. We suggest that Prudent investors buy enough High Relative Value, High Relative Safety stocks to keep the overall RV and RS ratings of their portfolios above 1.00. As you do this, you'll find that your risk will go down and your investment performance will improve.

Graphs


Stock Graph for WAVE SYSTEMS CORP -CL A Industry Graph for Software (Security)

--------------------
Damn, if he wasn't right.

Posts: 391 | From: Tallinn, Estonia | Registered: Aug 2004  |  IP: Logged | Report this post to a Moderator
ohdagagain
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Anyone care to give an opinion on this one?

--------------------
Damn, if he wasn't right.

Posts: 391 | From: Tallinn, Estonia | Registered: Aug 2004  |  IP: Logged | Report this post to a Moderator
ohdagagain
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Wave Systems Corp. to Present at RedChip Small-Cap Conference in Hollywood, Florida, April 28, 2006
Tuesday April 18, 11:16 am ET


Industries Covered: Homeland Security, VOIP, Business Services, Alternative Energy, Computer Hardware, Natural Resources and Others


ORLANDO, FL--(MARKET WIRE)--Apr 18, 2006 -- RedChip Visibility, a division of RedChip Companies, announced that Wave Systems Corp. will be a presenting company at the RedChip Small Cap Investor Conference at the Hard Rock Hotel & Casino in Hollywood, Florida on April 28, 2006.
The Conference will feature 26 companies representing the following industries: Homeland Security, VOIP, Business Services, Alternative Energy, Computer Hardware, Natural Resources, and others. This is the first investor conference to be video streamed live. Investors all over the world will be able to see and hear presenters at the conference in real time on www.redchip.com. Additionally, Ray Dirks will give a keynote speaker presentation to attendees on his experiences exposing the Equity Funding Corporation scandal.

Those who would like to attend encouraged to visit www.redchip.com/visibility/conferenceMain.asp or call 1-800-Red-Chip.

About Wave Systems

Wave Systems Corp., (NasdaqNM:WAVX - News) headquartered in Lee, Massachusetts, is setting a new standard and revolutionizing hardware security. Consumers and businesses are demanding a computing environment that is more trusting, private, safe, and secure. Wave is a leader in delivering "Trusted Computing" (Trusted Platform Module, or TPM) applications and services with advanced products, infrastructure, and solutions across multiple trusted platforms from a variety of vendors.

About RedChip

RedChip has a long history of bringing research on selected small-cap companies to analysts and portfolio managers. RedChip Visibility(TM) provides small-cap companies access to both professional and individual small-cap investors by holding conferences throughout the United States, producing online corporate visibility programs, and writing company sponsored research.


Contact:
Contact:
RedChip Companies
1-800-REDCHIP
http://www.redchip.com
susan.payton*redchip.com

I think if this breaks .66 it should do well. I am trying to get in at .64 It was there earlier this morning and hope it comes back down to it.

--------------------
Damn, if he wasn't right.

Posts: 391 | From: Tallinn, Estonia | Registered: Aug 2004  |  IP: Logged | Report this post to a Moderator
ohdagagain
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Vector vest rates it a buy now, not sure if anyone cares, but just to put it out there.
Good luck and happy trading.

VectorVest Stock Analysis of Wave System as of 4/20/2006


This report has five major sections.
Capital Appreciation Analysis
Dividend Analysis
Price-Volume Data
Sales / Market Capitalization Information
Summary



The ticker symbol for Wave System is WAVX. WAVX is traded on the NASDAQ - (O)

Business: WAVE SYSTEMS CORP -CL A, (WAVX) owns and markets the Wave System, which performs e-commerce buying transactions in a range of consumer electronic devices, including computers, personal digital assistants, and interactive televisions, for the use of electronic content and services.
Business Sector: WAVX has been assigned to the Software Business Sector. VectorVest classifies stocks into over 200 Industry Groups and 40 Business Sectors.
Industry Group: WAVX has been assigned to the Software (Security) Industry Group. VectorVest classifies stocks into over 200 Industry Groups and 40 Business Sectors.

Capital Appreciation Analysis Back to top

Value: Value is a measure of a stock's current worth. WAVX has a current Value of $1.38 per share. Therefore, it is undervalued compared to its Price of $0.70 per share. Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates. Value increases when earnings, earnings growth rate and profitability increase, and when interest and inflation rates decrease. VectorVest advocates the purchase of undervalued stocks. At some point in time, a stock's Price and Value always will converge.

RV (Relative Value): RV is an indicator of long-term price appreciation potential. WAVX has an RV of 1.51, which is excellent on a scale of 0.00 to 2.00. This indicator is far superior to a simple comparison of Price and Value because it is computed from an analysis of projected price appreciation three years out, AAA Corporate Bond Rates, and risk. RV solves the riddle of whether it is preferable to buy High growth, High P/E stocks, or Low growth, Low P/E stocks. VectorVest favors the purchase of stocks with RV ratings above 1.00.

RS (Relative Safety): RS is an indicator of risk. WAVX has an RS rating of 0.77, which is poor on a scale of 0.00 to 2.00. RS is computed from an analysis of the consistency and predictability of a company's financial performance, debt to equity ratio, sales volume, business longevity, price volatility and other factors. A stock with an RS rating greater than 1.00 is safer and more predictable than the average stock in the VectorVest database. VectorVest favors the purchase of stocks of companies with consistent, predictable financial performance.

RT (Relative Timing): RT is a fast, smart, accurate indicator of a stock's price trend. WAVX has a Relative Timing rating of 1.23, which is good on a scale of 0.00 to 2.00. RT is computed from an analysis of the direction, magnitude, and dynamics of a stock's price movements over one day, one week, one quarter and one year time periods. Once a stock's price has established a strong trend, it is expected to continue in that trend for the short-term. If a trend dissipates, RT will gravitate toward 1.00. RT will explode from bottoms, dive from tops, and reflect changes in price momentum. VectorVest favors the purchase of stocks with RT ratings above 1.00.

VST (VST-Vector): VST is the master indicator for ranking every stock in the VectorVest database. WAVX has a VST rating of 1.19, which is good on a scale of 0.00 to 2.00. VST is computed from the square root of a weighted sum of the squares of RV, RS, and RT. Stocks with the highest VST ratings have the best combinations of Value, Safety and Timing. These are the stocks to own for above average, long-term capital appreciation. VectorVest advocates the purchase of safe, undervalued stocks rising in price.

Recommendation (REC): VectorVest gives a Buy, Sell, Hold recommendation on every stock, every day. WAVX has a Buy recommendation. REC reflects the cumulative effect of all the VectorVest parameters working together. These parameters are designed to help investors buy safe, undervalued stocks rising in price. They also help investors avoid or sell risky, overvalued stocks falling in price. VectorVest recommends that investors buy high VST-Vector, Buy-rated stocks in rising markets.

Stop (Stop-Price): Stop is an indicator of when to sell a long position or cover a short position. WAVX has a Stop of $0.63 per share. This is $0.07 below WAVX's current closing Price. A stock's Stop is computed from a 13 week moving average of its closing prices, and is fine-tuned according to the stock's fundamentals. High RV, high RS stocks have lower Stops, and low RV, low RS stocks have higher Stops. In the VectorVest system, a stock gets a 'B' or 'H' recommendation if its Price is above its Stop and an 'S' recommendation if its Price is below its Stop.

GRT (Earnings Growth Rate): GRT reflects a company's one to three year forecasted earnings growth rate in percent per year. WAVX has a forecasted Earnings Growth Rate of 32.00%, which VectorVest considers to be excellent. GRT is computed from historical, current and forecasted earnings data. It is updated each week for every stock in the VectorVest database. GRT often foretells a stock's future price trend. If a stock's GRT trend is upward, the stock's price will likely rise. If GRT is trending downward, the stock's Price will probably fall. VectorVest favors the purchase of stocks whose GRT is rising and is greater than the sum of current inflation and interest rates, (9.74%).

EPS (Earnings per Share): EPS stands for leading 12 months Earnings Per Share. WAVX has a forecasted EPS of $0.06 per share. VectorVest determines this forecast from a combination of recent earnings performance and traditional fiscal and/or calendar year earnings forecasts.

P/E (Price to Earnings Ratio): P/E is a popular measure of stock valuation which shows the dollars required to buy one dollar of earnings. WAVX has a P/E of 11.67. This ratio may be deemed to be high or low depending upon your frame of reference. The average P/E of all the stocks in the VectorVest database is 28.61. P/E is computed daily using the formula: P/E = Price/EPS.

EY (Earnings Yield): EY reflects earnings per share as a percent of Price. EY is related to P/E via the formula, EY = 100 / (P/E), and may be used in place of P/E as a measure of valuation. EY has the advantages that it is always determinate and can reflect negative earnings. WAVX has an EY of 9.20 percent. This is above the current average of 3.48% for all the stocks in the VectorVest database. EY equals 100 x (EPS/Price).

GPE (Growth to P/E Ratio): GPE is another popular measure of stock valuation. It compares earnings growth rate to P/E ratio. WAVX has a GPE rating of 2.95. High growth stocks are believed to be able to justify high P/E ratios. A stock is commonly considered to be undervalued when GPE is greater than 1.00 and overvalued when GPE is below 1.00. Unfortunately, this rule of thumb does not take into account the effect of interest rates on P/E ratios. The operative GPE ratio of 1.00 is valid when and only when interest rates equal 10%. With long-term interest rates currently at 6.14%, the operative GPE ratio is 0.38. Therefore, WAVX may be considered to be undervalued.

Dividend Analysis Back to top

DIV (Dividend): VectorVest reports annual, regular, cash dividends as indicated by the most recent payments. Special distributions, one-time payments, stock dividends, etc., are not generally included in DIV. WAVX does not pay a dividend.

DY (Dividend Yield): DY reflects dividend per share as a percent of Price. WAVX does not pay a dividend, so it does not have a Dividend Yield rating. . DY equals 100 x (DIV/Price). It is useful to compare DY with EY. If DY is not significantly lower than EY, the dividend payment may be in jeopardy.

DS (Dividend Safety): DS is an indicator of the assurance that regular cash dividends will be declared and paid at current or at higher rates for the foreseeable future. WAVX does not pay a dividend, so it does not have a Dividend Safety rating . Stocks with DS values above 75 typically have RS values well above 1.00 and EY levels that are much higher than DY.


DG (Dividend Growth Rate): Dividend Growth is a subtle yet important indicator of a company's financial performance. It also provides some insight into the board's outlook on the company's ability to increase earnings. WAVX does not pay a dividend, so it does not have a Dividend Growth rating .

YSG (YSG-Vector): YSG is an indicator which combines DIV, DY and DG into a single value, and allows direct comparison of all dividend-paying stocks in the database. WAVX does not pay a dividend, so it does not have a YSG rating . Stocks with the highest YSG values have the best combinations of Dividend Yield, Safety and Growth. These are the stocks to buy for above average current income and long-term growth.

Price-Volume Data Back to top

Price: WAVX closed on 4/20/2006 at $0.70 per share

Open: WAVX opened trading at a price of $0.68 per share on 4/20/2006.

High: WAVX traded at a High price of $0.70 per share on 4/20/2006.

Low: WAVX traded at a Low price of $0.66 per share on 4/20/2006

Close: WAVX closed trading at price $0.70 per share on 4/20/2006. (Close is also called Price in the VectorVest system)

Range: Range reflects the difference between the High and Low prices for the day. WAVX traded with a range of $0.04 per share on 4/20/2006.

$Change: WAVX closed up 0.02 from the prior day's closing Price.

%PRC: WAVX's Price changed 3.09% from the prior day's closing price.

Volume: WAVX traded 419,845 shares on 4/20/2006.

AvgVol: AvgVol is the 50 day moving average of daily volume as computed by VectorVest. WAVX has an AvgVol of 995,000 shares traded per day.

%Vol: %Vol reflects the percent change in today's trading volume as compared to the AvgVol. %Vol equals ((Volume - AvgVol) / AvgVol ) * 100. WAVX had a %Vol of -57.80% on 4/20/2006

CI (Comfort Index): CI is an indicator which reflects a stock's ability to resist severe and/or lengthy price declines. WAVX has a CI rating of 0.54, which is poor on a scale of 0.00 to 2.00. CI is quite different from RS in that it is based solely upon a stock's long-term price history. VectorVest advocates the purchase of high CI stocks.

Sales / Market Capitalization Information Back to top

Sales: WAVX has annual sales of $1,000,000.00

Sales Growth: Sales Growth is the Sales Growth Rate in percent over the last 12 months. WAVX has a Sales Growth of 221.00% per year. This is excellent. Sales Growth is updated each week for every stock. It is often useful to compare Sales Growth to Earnings Growth to gain an insight into a company's operations.

Sales Per Share (SPS): WAVX has annual sales of $0.01 per share. SPS can be used as a measure of valuation when comparing stocks within an Industry Group.

Price to Sales Ratio (P/S): WAVX has a P/S of 64.18. This ratio is also used as a measure of valuation. Here, too, it is useful when comparing stocks within an Industry Group.

Shares: WAVX has 93,000,000.00 shares of stock outstanding.

Market Capitalization: WAVX has a Market Capitalization of $65,000,000.00. Market Capitalization is calculated by multiplying price times shares outstanding.

Summary Back to top

WAVX is undervalued compared to its Price of $0.70 per share, has somewhat below average safety, and is currently rated a Buy.

The basic strategy of VectorVest is to buy Low risk, High reward stocks. We suggest that Prudent investors buy enough High Relative Value, High Relative Safety stocks to keep the overall RV and RS ratings of their portfolios above 1.00. As you do this, you'll find that your risk will go down and your investment performance will improve.

--------------------
Damn, if he wasn't right.

Posts: 391 | From: Tallinn, Estonia | Registered: Aug 2004  |  IP: Logged | Report this post to a Moderator
ohdagagain
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Wave Completes Licensing with Intel for EMBASSY(R) Trust Suite Software with New Intel Desktop Motherboards
Tuesday September 5, 6:42 am ET


LEE, Mass.--(BUSINESS WIRE)--Sept. 5, 2006--Wave Systems Corp. (NASDAQ:WAVX - News, www.wave.com - News) today announced the execution of an amendment to its Software License and Distribution Agreement with Intel®. The amendment permits Intel® to ship the next version of Wave's EMBASSY® Trust Suite with Intel's new Intel® P965 Express Chipset-based Intel® Desktop Boards for trusted personal computers. Wave's EMBASSY® Trust Suite (ETS) 5.1 is a new and simplified collection of practical, easy-to-use applications which leverage the Trusted Platform Module (TPM) hardware security chip. Wave's ETS is combined with the TPM and bundled with Intel® Desktop Boards DQ965WC, DQ965CO and DQ965GF to provide a final layer of security. Upon the commencement of Intel's shipment of products under this new amendment, the number of Intel Desktop Boards on which Wave's products are shipped will increase to 15. The agreement does not provide for guaranteed minimum or maximum shipped quantities or royalties.
ADVERTISEMENT


Wave's ETS software is a trusted applications and services software security suite designed to be compliant with Trusted Computing Group (TCG) specifications. The computer industry has shipped tens of millions of PCs embedded with TPMs, the Trusted Computing Group-defined, next-generation security chip hardware. Wave has designed its security applications to work with all commercially available TPMs, including the version 1.2 chip.

"Wave's solutions are designed to leverage the TPM for stronger, standards-based network access, authentication, data protection and password management solutions that business users can leverage immediately for security and management," said Brian Berger, executive vice president, marketing and sales, Wave Systems. "We are pleased to have completed this amendment to include Wave's 4th generation of EMBASSY solutions on Intel's products. The ETS 5.1 is a new simplified set of applications that will be bundled with desktop boards based on the Intel P965 Express Chipset family that complements Intel® vPro(TM) technology."

For more information about Wave's trusted applications and services, please go to: http://www.wave.com/products/ets.html. For more information about the new Intel desktop boards visit: http://intel.com/design/motherbd/.

Wave is a member of The Trusted Computing Group (www.TrustedComputingGroup.org), an industry organization dedicated to embedding trust and security more broadly into computing platforms and devices.

About Wave Systems

Consumers and businesses are demanding a computing environment that is more trusted, private, safe and secure. Wave is a leader in delivering trusted computing applications and services with advanced products, infrastructure and solutions across multiple trusted platforms from a variety of vendors. Wave holds a portfolio of significant fundamental patents in security and e-commerce applications and employs some of the world's leading security systems architects and engineers. For more information about Wave, visit http://www.wave.com.

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 ability to forge partnerships required for deployment, changes in consumer and corporate buying habits, chip development and production, the rapid pace of change in the technology industry and other factors over which Wave Systems Corp. has little or no control. Wave Systems assumes no obligation to publicly update or revise any forward-looking statements.

All brands are the property of their respective owners


Contact:
Wave Systems Corp.
Michael Wheeler, 413-243-7026
mwheeler*wavesys.com
or
Media:
Schwartz Communications
Michael Schultz/Katie Potter, 781-684-0770
wave*schwartz-pr.com
or
Investor Relations:
Jaffoni & Collins
David Collins/Ratula Roy, 212-835-8500
wavx*jcir.com

--------------------
Damn, if he wasn't right.

Posts: 391 | From: Tallinn, Estonia | Registered: Aug 2004  |  IP: Logged | Report this post to a Moderator
   

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