Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Dell's New Latitude Line Offers Game-Changing Features
http://www.newsfactor.com/news/Dell-Latitude-May-Be-a-Game-Changer/story.xhtml?story_id=0320011LUX34
Latitude ON and ControlVault security in Dell's new Latitude laptops could be "game-changers," providing enterprises with real mobility. In addition, 19 hours of battery power for Dell's Latitudes is "impressive by any metric," an analyst says. ControlVault calls home and Dell can wipe the laptop's data if it's reported lost.
A key to advancing mobility is Dell's new security system, ControlVault, in which a separate subprocessor and subsystem manage security, King noted. "It not only increases security on individual machines, but when a Dell laptop goes online, it calls home. When there's an alert that the laptop was lost or stolen, Dell headquarters can wipe the laptop," King said. "You may not get the laptop back, but you won't have to worry about your data."
Flash Drives: Are They Worth It?
Posted by Rob Enderle on August 14, 2008 at 2:56 pm
http://www.itbusinessedge.com/blogs/rob/?p=254
I was at the Flash Memory Summit moderating a PC design panel and after listening to several vendors and a storage analyst (who has posted on flash in enterprise storage products), I’ve concluded the answer for now is no. The problem is that they simply don’t yet provide enough advantages to overcome a massive price premium.
The power differential is between 1 and 2 watts, but given how much power the rest of a desktop or laptop uses, this is trivial. On reliability, yes, they will survive better than a hard drive if the system is dropped, but their reliability really isn’t that well known in general use.
If they are designed well, they can last between three and five years, but I’m not aware of anyone providing the necessary gas gauge-like tool that would warn you that it is wearing out. While you could use a TPM to secure the device, no one is yet doing that, which means the new secure drives out of companies like Seagate are much safer. Finally, in terms of performance, the random read performance out of these drives (compared to linear read) is horrid. This takes what otherwise would be blinding performance advantages and turns them into slight advantages on system boot and first-time application load.
Indications are that the gaps will likely close in the 2010 to 2014 timeframe which, to me, means that at least for PCs this technology is off the table as a practical alternative to hard drives until then. This is all primarily due to the fact that flash drives cost between five and 10 times as much as a similar capacity traditional hard drive.
Recall that hybrid hard drives, ready-boost drives, and Intel’s Turbo Memory have all failed to gain traction; flash is in real danger of being a non-player in PCs over the next several years unless some of these shortcomings, especially price, can be overcome.
Where they do work is in ultra-thin laptops, but I still wonder if the extra $1,000 cost of these products is really worth the bragging rights of having something that thin. The reason they do work here, though, is that the iPod drive alternatives are really slow and folks tend to actually want to work on the laptops they buy. Personally, I think a slightly thicker laptop seems to be a better alternative.
keV, nice sidestep!!!
So, I guess I just have to take your word on your DD posts. Okay!! LMAO
4X, it's great to see Wave listed on the second link! e/
keV,
prove it. Show us a link... and not the one to AtomicBobs.
orda: courtesy of New Wave and mentioned by SKS:
interesting flyer on the new E-Series sent to 50,000 Dell customers/prospects (in part):
Hardware-based encryption is built-in and always on. That
means you get outstanding protection simply and quickly,
without the long drive-encryption process required by softwarebased options.
Dell’s end-to-end hardware encryption solution is not
only one of the first in the industry, it is also one of the most comprehensive with Seagate® self-encrypting drives with Seagate Secure Technology and EMBASSY® Trusted Drive Manager. Dell’s complete solution can help you comply with governmental regulations and industry security guidelines. That means Dell can help you avoid fi nes and other financial costs associated with data breaches.
barge, re: ControlVault !!!.............
You've hit the nail on the head !!! This IS Wave!! But,
Wave is unable to do a PR explaining this FACT to the world because this is Dell's attempt to "Dell-brand" and launch a security solution on their new E-platform.
Wave has been working with Dell for the past nine months on this. Included in this solution is Dell’s new Control Point..which is an integrated set of functions including the TPM, a new biometric ‘match on chip’ finger print sensor, hardware for contactless smart card (which gets you access to your new E series), FDE drive support, and some additional functions, including the Control Vault. Wave’s ETS software is one of the key components for implementing support for many, but not all of the new security functions in Control Point. Wave’s software will ship with every platform and the ERAS server is an essential element of remote management for a number of the features of Control Point.
It is THE REASON Wave gets paid 80% more for every unit shipped.
Also as important, and I think I understand this correctly, it is backwards compatible and that represents a billion-and-a-half-dollar upgrade market. Wave is meeting with 250 Dell salespeople starting tomorrow.
Once people start to understand this, I think you are correct in that the stock will blast past a buck.
Dell’s comeback machine
http://bigtech.blogs.fortune.cnn.com/2008/08/12/dells-comeback-machine/
Another is a Broadcom (BRCM) chip that brings stronger security to the laptops by handling encryption on the hardware.
I’m at Dell’s design headquarters near Round Rock, Texas, getting a first glimpse of the company’s colorful new line of business laptops that go on sale Tuesday, and I mention that the pink looks a lot better in person than online. A Dell executive is quick to tell me why. What I’ve seen on the website, he says, is consumer pink. “This is business pink.”
Huh? Surely this must be some sort of joke. Everyone knows that buttoned-down Dell (DELL) doesn’t do business pink. It’s better known for dutifully boring machines, made to order with the latest technology from Microsoft (MSFT) and Intel (INTC), at a price a corporate bean counter could love.
But Dell is doing a few things differently as it navigates an overdue turnaround. Over the past three years its position in the PC industry has gone from dominator to underdog, as shoddy customer service, weak international distribution, and outdated designs have cost it the title of global market leader. (That isn’t all it cost, as investors will tell you; Dell has also lost nearly $35 billion in stock market value since December 2004.)
One of the clearest signs of change is this redesigned Latitude laptop, the company’s flagship model, which will be its first business laptop line to come in rainbow colors. The laptop’s core design gets updated only every four or five years, making its debut a supremely important moment. Get this right, and Dell can shore up a weak spot where rivals have taken market share, and surge ahead as corporate buyers upgrade from desktops to laptops. Get it wrong and the company can kiss its comeback goodbye. Michael Dell himself was clearly aware of the stakes a couple of weeks ago when we talked about Dell’s future –he singled out the Latitude as a strategically important product.
So when I’m invited to Texas as the first reporter to see what the team has come up with, there is an undeniable subtext: Dell has something to prove.
It’s understandable, given all the trash-talking Dell has endured lately. Once it started losing ground and its stock dipped, the detractors piled on with all the old put-downs: Dell doesn’t innovate. Dell’s marketing sucks. Dell designs machines with corporate IT departments in mind, not real people.
Back when Dell was whipping everyone in the PC industry, it was easy to shrug off the insults. Dell innovates where it matters, execs would say, in the supply chain and with its direct sales model. Now it’s easy to imagine the talk is hitting a nerve.
Why? Because in a maturing PC market, Dell’s traditional weak points have become must-win areas. In the early days of the PC market, when computers were expensive, every new Intel chip offered a major performance boost and every Microsoft operating system seemed to offer must-have features. Back then, Dell’s IT department focus, direct-sales efficiency and price leadership trumped everything else. But these days, chip and OS upgrades are no longer major events, and PCs are mainstream enough that much of the growth is in the consumer market, and consumer trends even influence business purchases. Now, design, innovative features and broad distribution matter more than price cuts, and Dell is scrambling to adjust.
For instance, Dell realized its designers can no longer craft Latitude laptops simply to satisfy IT managers. Design director Ken Musgrave tells me that as tech-savvy Gen Y’ers have entered the workforce, they’ve brought a sense of digital entitlement; they don’t want to use equipment that isn’t cutting edge and cool, and Dell’s brand doesn’t have credibility with them yet.
“They’re coming in having had a cell phone when they were 12, having had a MySpace page through high school, and they’re used to having things their way,” Musgrave explains. “They’re not making the purchase decisions yet, but they will be.”
The diminutive cherry-red laptop he sets on the table in front of me a few moments later should go a long way toward getting Dell some street cred. In development this model was code-named “Mini Cooper” I’m told, and as weight-conscious engineers put it together, they tracked each component on a spreadsheet and obsessed over how to trim excess grams to meet a weight target. (One weight-saving move was to strip the metal casing from the laptop’s flash-based storage drive.) The payoff: it tips the scales at just a kilogram - 2.2 pounds. (A full range of Latitude sizes is available.) When I ask why the fixation on a kilogram, they shrug. It was just the goal they picked, they say. To keep them focused.
I’m used to seeing this kind of design daring from Apple (AAPL) and Sony (SNE). But Dell?
“Dell’s laptops probably were stockier than average in the past, so it had more ground to make up,” says Roger Kay, CEO of consulting firm Endpoint Technologies, who was also pre-briefed on the new Latitudes. “I think these might actually beat some expectations.” They should also blunt Hewlett-Packard’s (HPQ) efforts to steal away corporate customers.
There are some surprises beneath the surface of the Latitude line as well. One is an optional Linux-based low-power mode called Dell Latitude On, which boots in two seconds. It offers more than a day’s worth of battery life for basic tasks like web surfing, Exchange e-mail, and viewing e-mail attachments, and runs on an ARM-based (ARMH) chip rather than the main Intel processor. (HP and Lenovo laptops offer similar Linux modes, but with fewer capabilities.)
Another is a Broadcom (BRCM) chip that brings stronger security to the laptops by handling encryption on the hardware. But the clincher seems so simple, it’s a wonder no one had done it before – a door on the underside of the laptop that, after you remove it by loosening one screw, offers up all the major components for quick maintenance. One engineer told me that despite all the other bells and whistles in the new Latitudes, the easy-access door is what got one Fortune 10 IT manager’s heart pounding during a recent show-and-tell.
All of which bodes well for Dell’s chances of extending its comeback with the Latitude launch. The company seems to be doing everything right – courting Gen Y, minding design, and still managing to keep IT managers happy.
Well, there are a couple of kinks to work out – and the sooner the better for the company’s revenue and buzz. I’m told during my visit that Dell Latitude On won’t be available until a few weeks after the launch, because there are a few issues to iron out still. And – darn it – Musgrave tells me that engineers are still puzzling over how to get paint to consistently stick to the Latitude’s magnesium skin. Which means we’ll have to wait for the promised range of rainbow colors.
And I was so looking forward to business pink
alea, I almost addressed that post to you... I just knew you'd pick up on that!!
NBC Cuts iPhone, PowerPC-Based Macs Out of Olympic Viewing Audience
http://www.powerpage.org/2008/08/nbc_cuts_iphone_powerpcbased_macs_out_of_olympic_viewing_audience.html
Last Friday, as the 2008 Olympic games in Beijing began, NBC marked the start of an ambitious plan to offer streaming coverage of the games to both computers and mobile devices.
However, according to Macworld UK, the network, which holds exclusive rights to coverage, will be shutting the gates on PowerPC-based Macs and iPhone handsets.
Per the article, AT&T Wireless has also struck a deal to serve as the exclusive provider of mobile video for the Olympics. The company has a republishing deal with NBC where live competition footage is available to customers of AT&T Mobile TV- a premium content service that costs an additional US$15 to US$30 per month on top of existing cell plans. But the AT&T Mobile TV service isn't available to iPhone users and is only compatible with LG Vu and Samsung Access phones at this time. Additionally, AT&T Mobile TV service is currently largely limited to major urban markets.
Deals and mergers once again stand in the way of Mac users, as NBC is currently broadcasting streaming Olympic video on its web site in Microsoft's Silverlight format (as opposed to competitor Adob'e dominant Flash media software), per an arrangement with Microsoft. At present, Silverlight doesn't work with the iPhone and Microsoft dropped support for PowerPC-based Macs with the current beta version of Silverlight, which now runs only on Intel-based Macs.
As for the iTunes Store, Olympic highlight packages are currently a no-show given the year-long feud between NBC and Apple over digital content pricing policies.
If you've found yourself cut out on your end or have discovered a workaround to seeing Olympic coverage on your iPhone or PowerPC-based Mac, let us know over in the comments or forums.
Homeland security bills move forward
http://www.washingtontechnology.com/print/23_13/33297-1.html
among others, this stood out:
H.R. 5983, Homeland Security Network Defense and Accountability Act: Sponsored by Rep. Jim Langevin (D-R.I.), this measure seeks to enhance DHS’ information security by giving the chief information officer authority to approve the development and implementation of information management resources.
Full Disk Encryption is ecologically sound
http://blogoftrust.com/full-disk-encryption-is-ecologically-sound/122
On the Blogs and Files blog I found an interesting post discussing Full Disk Encryption (FDE) on hard drives.
First, Seagate’s FDE-supporting Cheetah 15K.6 drive, using specifications developed by the Storage Workgroup of the Trusted Computing Group (TCG), will be used in enterprise-targeted drive arrays, as FDE is becoming a requirement in certain markets. In addition, all other hard drive vendors are participating in the TCG work, so TCG standard-based FDE may soon be standard on most drives.
Next, the National Security Agency in the USA considers that for certain FDE drives, if the encryption keys are deleted then the contents are also considered deleted (or at least unrecoverable).
Putting the two points together, now rather than having to consign a drive to scrap, just deleting the key information should allow the drive to be reused.
With ecological issues coming more to the fore, this sounds like an excellent opportunity for the TCG to promote a most positive benefit! Read the full story here, and also a more detailed look, with comments from vendors, on the recycling issues at the Storage Architect blog.
1260,
Sorry about the confusion... I'm looking forward to the Dell introduction this week.
1260,
I'm talking about what we get on Dell's new E-series..
.25 X 1.80% = .45
I think it's more like 50 cents
Wave Systems Corp Consolidated Balance Sheets
(Unaudited)
June 30, December 31,
2008 2007
------------- ------------
Assets
Current assets:
Cash and cash equivalents (1) $ 146,058 $ 3,714,030
Accounts receivable 940,324 1,165,385
Prepaid expenses 324,356 339,342
------------- ------------
Total current assets 1,410,738 5,218,757
Property and equipment, net 617,856 682,512
Other assets 136,274 136,587
------------- ------------
Total Assets 2,164,868 6,037,856
============= ============
Liabilities and Stockholders' Equity
(Deficit)
Current liabilities:
Accounts payable and accrued expenses 4,535,468 3,253,320
Deferred revenue 588,639 289,025
------------- ------------
Total current liabilities 5,124,107 3,542,345
Total Stockholders' Equity (Deficit) (2,959,239) 2,495,511
------------- ------------
Total Liabilities and Stockholders' Equity
(Deficit) $ 2,164,868 $ 6,037,856
============= ============
(1) Subsequent to the close of Q2 2008, Wave completed a $1.6
million shelf financing transaction in early July and announced today
an additional $821,000 shelf financing transaction to be completed
this week.
WAVE SYSTEMS CORP. AND SUBSIDIARIES
Consolidated Statements of Operations
(Unaudited)
June 30, June 30, June 30, June 30,
2008 2007 2008 2007
------------ ------------ ------------- -------------
Net revenues:
Licensing $ 1,946,100 $ 1,399,446 $ 3,621,605 $ 2,636,937
Services 39,193 10,906 62,767 60,455
------------ ------------ ------------- -------------
Total net
revenues 1,985,293 1,410,352 3,684,372 2,697,392
------------ ------------ ------------- -------------
Cost of sales:
Licensing 209,707 181,160 368,868 359,565
Services 29,869 1,459 48,183 10,209
------------ ------------ ------------- -------------
Total cost of
sales 239,576 182,619 417,051 369,774
------------ ------------ ------------- -------------
Gross profit 1,745,717 1,227,733 3,267,321 2,327,618
------------ ------------ ------------- -------------
Operating
expenses:
Selling,
general, and
administrative 4,243,656 3,720,011 8,540,746 7,385,603
Research and
development 3,145,326 2,419,595 6,398,805 4,962,455
------------ ------------ ------------- -------------
Total operating
expenses 7,388,982 6,139,606 14,939,551 12,348,058
------------ ------------ ------------- -------------
Operating loss (5,643,265) (4,911,873) (11,672,230) (10,020,440)
Other income:
Interest income 3,370 71,139 22,287 134,146
------------ ------------ ------------- -------------
Net loss $(5,639,895) $(4,840,734) $(11,649,943) $ (9,886,294)
============ ============ ============= =============
Loss per common
share - basic
and diluted $ (0.10) $ (0.11) $ (0.22) $ (0.23)
Weighted average
number of
common shares
outstanding
during the
period 53,949,513 44,930,728 52,424,014 43,594,292
Wave Q2 2008 Revenues Rise 41% to a Record $2.0 Million on Continued Growth in Software License Sales
LEE, Mass.--(BUSINESS WIRE)--August 11, 2008--
Wave Systems Corp. (NASDAQ: WAVX):
Conference call: Today, Monday, August 11, 2008 at 4:30 P.M. EDT
Webcast / Replay URL: www.wave.com
Dial-in numbers: 212-896-6169 or 415-537-1810
Wave Systems Corp. (NASDAQ: WAVX; www.wave.com) today reported results for
the second quarter (Q2) and six months ended June 30, 2008 and reviewed recent
corporate progress and developments.
Reflecting an increase in license revenues, Wave's Q2 2008 net revenues rose
41% to $1,985,000, compared to Q2 2007 net revenues of $1,410,000, and Q1 2008
net revenues of $1,699,000. The improvement in license revenues was
principally due to increased royalties from shipments of Wave software by OEM
partners as well as from initial growth in software license upgrades.
Given that Wave is in the early stages of its software upgrade and
maintenance business and consistent with the Company's revenue recognition
policies, Wave has not yet established "vendor-specific objective evidence of
the fair value of each undelivered element" for its software and services.
Accordingly, Wave's upgrade sales are being recorded as deferred revenue and
then recognized generally over a 365-day period. Reflecting this revenue
recognition practice and growth in the company's upgrade license sales
activity, deferred revenue rose $233,000 to $589,000 in Q2 2008 compared to
deferred revenue of $356,000 in Q1 2008. Gross profit for Q2 2008 rose to
$1,746,000 (87.9%) compared to $1,228,000 (87.1%) in Q2 2007.
For Q2 2008, Wave reported a net loss of $5,640,000, or $0.10 per basic and
diluted share, compared to a Q2 2007 net loss of $4,841,000, or $0.11 per
basic and diluted share. Per-share figures are based on a weighted average
number of basic shares outstanding in the second quarters of 2008 and 2007 of
53,950,000 and 44,931,000, respectively. As of June 30, 2008, Wave had cash
and cash equivalents of $146,000 and no long-term debt. Subsequent to the
close of Q2 2008, Wave completed a $1.6 million shelf financing transaction in
early July and announced today an additional $821,000 shelf financing
transaction to be completed this week.
Steven Sprague, Wave's President and CEO, commented, "During Q2 2008 we
continued to execute on our core security business, making further progress
with initial software upgrade sales, principally smaller orders to enterprises
piloting our technology, as well as the continued expansion of our installed
base of Wave EMBASSY Trust Suite via our PC OEM Bundling programs. We also saw
significant progress from both Wavexpress, with their NBC contract for online
Olympics coverage utilizing their TVTonic service, and from eSign as they
continued to make strides in expanding their customer base in the mortgage
industry for their digital signature solutions.
"Our customer base for potential software upgrades continued to expand
during the second quarter. We view these pilots and early adopters, as well as
the growing installed base of bundled software which grew to 33.8 million
units as of June 30, 2008, as our primary opportunity for future upgrade
sales.
"Importantly, during the quarter we delivered updated software for the new
Dell platforms which we believe will commence shipping later this month. As we
have previously disclosed, Wave will be entitled to a higher per-unit royalty
on this version of our software, reflecting the additional value we have
engineered into this new software release. We plan to continue to pursue new
OEM relationships in the coming quarters. Supporting our sales and marketing
efforts is costly, but we believe that market opportunity is sufficient to
warrant our efforts in this area.
"While enterprise customer behavior is difficult to predict, we are
currently working to continue our revenue growth in Q3 versus Q2, and are
working very hard to convert our expanding base of pilot customers into
larger-scale deployments. We remain optimistic about the positive responses we
are getting from our customer interactions."
Summary of recent progress/developments:
(for more details, please visit www.wave.com):
-- NBC Olympics on the Go Service www.NBCOlympics.com/onthego:
Wave's Wavexpress subsidiary was selected by NBC Universal, to
develop, host, and support a service for viewing NBC's
coverage of the 2008 Beijing Olympic Games in Microsoft's
Windows Vista Media Center. The "NBC Olympics on the Go"
service launched earlier this month and delivers a unique,
high quality full screen video experience. The service uses
Wavexpress' TVTonic Internet video service to allow Media
Center users to watch channels of NBC's coverage of Olympic
events in up-to-HD quality on the go on their laptop.
-- Wavexpress Integrates YuMe's Ad Platform: In mid July,
Wavexpress integrated YuMe's ad management platform into
TVTonic. YuMe is the first dedicated advertising network
created and optimized for broadband video. YuMe's platform is
uniquely suited for TVTonic and can dynamically deliver a
fresh package of advertisements whether a user is online or
offline.
-- Xerox Simplifies Loan Process with eSign: In mid June, Xerox
Mortgage Services added e-signature - a secure and convenient
way to complete mortgage loans without having to sign hardcopy
documents - with licensing through Wave's eSign Systems
division. Wave's e-signature capabilities build upon Xerox's
current Web-based BlitzDocs(R)Blitz technology - providing
customers with a comprehensive solution for paperless mortgage
transactions.
-- Wells Fargo Funding Authorizes Wave's eDisclosure Solution for
Mortgage Correspondents: In mid June, Wave's eSign Transaction
Management Suite (eTMS) was authorized by Wells Fargo & Co.'s
mortgage division for use by its correspondent lenders as an
eDisclosure solution. Wells Fargo's correspondents that have
received approval to deliver electronic disclosures can now
use the SmartSigning Room and SmartSignature applications to
streamline electronic mortgage disclosures and help secure
customer commitment early in the lending process.
-- Wave Introduces Trust-and-Verify Web Service: In early April,
Wave demonstrated its proof-of-concept solution for ensuring
the integrity of data protection hardware with its
Trust-and-Verify Web service, in which a server interrogates
computers seeking access to sensitive data in order to verify
the status of their Seagate full disk encryption hard drive.
Only after this verification step occurs and the level of data
protection is deemed adequate, can a PC download requested
data.
-- Wave Partners with SafeNet to Expand Enterprise Security for
Data-at-Rest: In early April, Wave completed a reseller
agreement with SafeNet, Inc., a global leader in information
security. The agreement gives Wave authority to globally
market and distribute SafeNet's ProtectDrive line of software
disk encryption products, enabling Wave to now target mobile
PCs that are currently too small to support an FDE drive.
-- Wave Demonstrates Solutions Supporting Intel's vPro
Technology: In early April, Wave demonstrated solutions that
support the next-generation Intel(R) Centrino 2 with vPro
technology platform (code named Montevina), with an integrated
Intel(R) TPM v. 1.2. By leveraging Wave's software plus the
integrated TPM, Wave demonstrated that enterprises could
immediately roll out strong authentication, including machine,
biometric and smart card authentication, as well as institute
stronger network policies, key management and data protection.
-- Wave Showcases Hardware-based Validation of Endpoint Data
Integrity for Network Access Control: In late April, Wave
announced a Network Access Control (NAC) solution that
verifies the presence and state of a full disk encryption hard
drive as a prerequisite for network access, assuring that only
computers that comply with an organization's encryption policy
are allowed on the network. Wave also showed how
standards-based, client PC security hardware can ensure the
integrity of the machines on a corporate network, thus
extending the capabilities of traditional NAC solutions.
About Wave Systems Corp.
Wave provides software to help solve critical enterprise PC security
challenges such as strong authentication, data protection, network access
control and the management of these enterprise functions. Wave is a pioneer in
hardware-based PC security and a founding member of the Trusted Computing
Group (TCG), a consortium of nearly 140 PC industry leaders that forged open
standards for hardware security. Wave's EMBASSY(R) line of client- and
server-side software leverages and manages the security functions of the TCG's
industry standard hardware security chip, the Trusted Platform Module (TPM).
TPMs are included on tens of millions of PCs and are standard equipment on
many enterprise-class PCs shipping today. Using TPMs and Wave software,
enterprises can substantially and cost-effectively strengthen their current
security solutions. For more information about Wave and its solutions, visit
http://www.wave.com.
Safe Harbor for Forward Looking Statements
(MORE TO FOLLOW)
Show Headlines
« »
( BW ) 08/11 04:47PM Wave Q2 2008 Revenues Rise 41% to a Record $2.0 -2-
Under the Private Securities Litigation Reform Act of 1995. This press
release may contain forward-looking information within the meaning of Section
21E of the Securities Exchange Act of 1934, as amended (the Exchange Act),
including all statements that are not statements of historical fact regarding
the intent, belief or current expectations of the company, its directors or
its officers with respect to, among other things: (i) the company's financing
plans; (ii) trends affecting the company's financial condition or results of
operations; (iii) the company's growth strategy and operating strategy; and
(iv) the declaration and payment of dividends. The words "may," "would,"
"will," "expect," "estimate," "anticipate," "believe," "intend" and similar
expressions and variations thereof are intended to identify forward-looking
statements. Investors are cautioned that any such forward-looking statements
are not guarantees of future performance and involve risks and uncertainties,
many of which are beyond the company's ability to control, and that actual
results may differ materially from those projected in the forward-looking
statements as a result of various factors.
All brands are the property of their respective owners.
Wave Systems Corp. and Subsidiaries
Consolidated Balance Sheets
(Unaudited)
June 30, December 31,
2008 2007
------------- ------------
Assets
Current assets:
Cash and cash equivalents (1) $ 146,058 $ 3,714,030
Accounts receivable 940,324 1,165,385
Prepaid expenses 324,356 339,342
------------- ------------
Total current assets 1,410,738 5,218,757
Property and equipment, net 617,856 682,512
Other assets 136,274 136,587
------------- ------------
Total Assets 2,164,868 6,037,856
============= ============
Liabilities and Stockholders' Equity
(Deficit)
Current liabilities:
Accounts payable and accrued expenses 4,535,468 3,253,320
Deferred revenue 588,639 289,025
------------- ------------
Total current liabilities 5,124,107 3,542,345
Total Stockholders' Equity (Deficit) (2,959,239) 2,495,511
------------- ------------
Total Liabilities and Stockholders' Equity
(Deficit) $ 2,164,868 $ 6,037,856
============= ============
(1) Subsequent to the close of Q2 2008, Wave completed a $1.6
million shelf financing transaction in early July and announced today
an additional $821,000 shelf financing transaction to be completed
this week.
WAVE SYSTEMS CORP. AND SUBSIDIARIES
Consolidated Statements of Operations
(Unaudited)
June 30, June 30, June 30, June 30,
2008 2007 2008 2007
------------ ------------ ------------- -------------
Net revenues:
Licensing $ 1,946,100 $ 1,399,446 $ 3,621,605 $ 2,636,937
Services 39,193 10,906 62,767 60,455
------------ ------------ ------------- -------------
Total net
revenues 1,985,293 1,410,352 3,684,372 2,697,392
------------ ------------ ------------- -------------
Cost of sales:
Licensing 209,707 181,160 368,868 359,565
Services 29,869 1,459 48,183 10,209
------------ ------------ ------------- -------------
Total cost of
sales 239,576 182,619 417,051 369,774
------------ ------------ ------------- -------------
Gross profit 1,745,717 1,227,733 3,267,321 2,327,618
------------ ------------ ------------- -------------
Operating
expenses:
Selling,
general, and
administrative 4,243,656 3,720,011 8,540,746 7,385,603
Research and
development 3,145,326 2,419,595 6,398,805 4,962,455
------------ ------------ ------------- -------------
Total operating
expenses 7,388,982 6,139,606 14,939,551 12,348,058
------------ ------------ ------------- -------------
Operating loss (5,643,265) (4,911,873) (11,672,230) (10,020,440)
Other income:
Interest income 3,370 71,139 22,287 134,146
------------ ------------ ------------- -------------
Net loss $(5,639,895) $(4,840,734) $(11,649,943) $ (9,886,294)
============ ============ ============= =============
Loss per common
share - basic
and diluted $ (0.10) $ (0.11) $ (0.22) $ (0.23)
Weighted average
number of
common shares
outstanding
during the
period 53,949,513 44,930,728 52,424,014 43,594,292
CONTACT: Wave Systems Corp.
Gerard T. Feeney, CFO, 413-243-1600
info@wavesys.com
or
Jaffoni & Collins, Inc.
David Collins / Ratula Roy, 212-835-8500
wavx@jcir.com
SOURCE: Wave Systems Corp.
Copyright Business Wire 2008
(END)
WAVX US9435263010 I/SOF I/XDJGI N/BW N/PREL N/CAC N/CNW N/ERN M/MMR M/TEC R/NME R/NY R/US R/USE
Wave to Complete $821,000 Stock Offering
LEE, Mass.--(BUSINESS WIRE)--August 11, 2008--
Wave Systems Corp. (NASDAQ: WAVX), a leading developer of trusted computing
solutions and services, announced that it is selling to investors 1,368,333
shares of its Class A common stock at a price of $0.60 per share, yielding
gross proceeds of approximately $821,000. Investors in the offering will also
receive three-year warrants to purchase an aggregate of 342,083 shares of
Wave's Class A Common Stock for $0.65 per share. The net proceeds of the
financing will be used to fund Wave's ongoing operations.
Security Research Associates acted as placement agent in connection with the
offering. The shares and shares underlying warrants in this offering are being
issued under a $25 million shelf registration statement declared effective by
the Securities and Exchange Commission on June 23, 2008. A prospectus
supplement related to the public offering will be filed with the Securities
and Exchange Commission.
This press release shall not constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of these securities in any
state in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.
About Security Research Associates
Security Research Associates (SRA) was founded in San Francisco in 1980 and
today offers both investment banking and institutional brokerage services. A
boutique firm by design, SRA works with a select group of portfolio managers
from around the country and focuses on technology and life science companies
in the micro and small cap arenas. For more information, visit www.sracap.com.
Wave Systems Corp. 2Q Rev $1.99M
Wave Systems Corp. To Complete $821,000 Stock Offering >WAVX
Wave to Host Q2 Webcast/Conference Call Monday, August 11th at 4:30 p.m. ET
By Business Wire
Last Updated: 08/04 12:49PM
LEE, Mass.--
Wave Systems Corp. (Nasdaq: WAVX) announced today that on Monday, August 11th at 4:30 P.M. ET it will host a webcast/conference call reviewing recent corporate and industry progress as well as Wave’s results for the second quarter ended June 30, 2008. Wave’s results will be issued after the market’s close that day.
WEBCAST/REPLAY: available at http://www.wave.com and archived for 30 days.
TELEPHONE: via 212-896-6169 or 415-537-1810. Please call five minutes in advance.
About Wave Systems
Wave provides software to help solve critical enterprise PC security challenges such as strong authentication, data protection, network access control and the management of these enterprise functions. Wave is a pioneer in hardware-based PC security and a founding member of the Trusted Computing Group (TCG), a consortium of nearly 140 PC industry leaders that forged open standards for hardware security. Wave’s EMBASSY® line of client- and server-side software leverages and manages the security functions of the TCG’s industry standard hardware security chip, the Trusted Platform Module (TPM). TPMs are included on tens of millions of PCs and are standard equipment on many enterprise-class PCs shipping today. Using TPMs and Wave software, enterprises can substantially and cost-effectively strengthen their current security solutions. For more information about Wave and its solutions, visit http://www.wave.com.
Contacts
Wave Systems Corp.
Gerard T. Feeney, CFO, 413-243-1600
info@wavesys.com
or
Jaffoni & Collins, Inc.
David Collins, Ratula Roy
212-835-8500
wavx@jcir.com
Numbers on the NBC’s Silverlight Olympic Coverage
Posted by Ryan Stewart @ 11:05 am
Tom Steinert-Threlkeld has a great rundown of the numbers behind this weekend’s Olympic coverage. The highest day of coverage was on August 10th and it saw about 3.42 million video streams with 66.7 million page views and an average time spent on the site of 15 minutes. Pretty good numbers but as the BTL piece notes, that’s only about 2% of a typical YouTube day. So it didn’t exactly take the world by storm.
But one number I thought was interesting was that according to the Wall Street Journal, 90% of people watched the TV exclusively while only 0.2% watched the online version exclusively. But a decent number, 10%, watched both TV and the online version. This is the number I’m most interested in tracking through the games because I think that’s the best example of how people are changing their viewing habits towards rich media online. Giving up TV entirely would be a little ridiculous, but if the big media companies can augment TV coverage with more detailed (or more obscure) coverage on the web, that’s a winning formula.
In general, I’ve been pretty happy with the NBC and the Silverlight Olympics experience. Though some of the criticisms are well founded, that’s more to do with failure in the actual application than it is technology.
More info at Beet.tv.
I guess you haven't seen the new Dell flyer. e/
Visit NBCOlympics.com on MSN and Watch the Summer Games You Want, When You Want
http://www.marketwatch.com/news/story/visit-nbcolympicscom-msn-watch-summer/story.aspx?guid=%7BF66E1B11-CE8B-405E-921C-81F344A74EEF%7D&dist=hppr
Watch more than 3,500 hours of live and on-demand video powered by Microsoft Silverlight technology.
Last update: 10:10 a.m. EDT Aug. 7, 2008
REDMOND, Wash., Aug 07, 2008 /PRNewswire-FirstCall via COMTEX/ --
Who: NBCOlympics.com on MSN is the exclusive U.S. online destination for
the 2008 Summer Olympics in Beijing. A number of Microsoft Corp.
teams have worked together to create a rich and immersive
experience for Olympic fans that enables them to watch the summer
games they want, when they want. MSN, Silverlight, Windows Media
Center, Zune and Xbox all provide unique options that let viewers
experience the Olympics in a way they never have before.
What: Check out NBCOlympics.com on MSN and watch more than 3,500 hours of
live and on-demand video that will let you experience the Games
like never before. Now, you can conveniently watch the games you
want, when you want whether you are at home, at work or on the go.
-- MSN. NBCOlympics.com on MSN is the best destination to catch
all the action with a 24x7 Olympics module on the MSN home
page, complete with the latest news, live medal counts,
statistics and videos that will make catching up on your
favorite event or athlete quick and easy. Now, sports fans can
keep the adrenaline pumping with non-stop action, news and
videos on MSN.
-- Silverlight. Silverlight 2 enables NBC to provide online
viewers with Olympics content in a rich, interactive viewing
experience that includes some of the highest-quality video on
the Web today. Users can view up to four events at the same
time with picture-in-picture controls, and customize the player
to capture their favorite events. In addition, dynamic overlays
will provide expert commentary, and users also will be able to
access statistics, play-by-play captioning, and athlete
profiles through Silverlight as they watch their favorite
event.
-- Windows Media Center. Olympic enthusiasts can take NBC's
coverage of Olympic events wherever they go with "NBC Olympics
on the Go," powered by Wavexpress' TVTonic Internet video, a
free service that allows sports fans to download NBC Olympics
video of their favorite sports to their laptops in
up-to-high-definition quality. Fans who are looking for the
highlights from Beijing will be able to download these videos
through "NBC Direct."
-- Xbox. During the Olympics, users will have access to a daily
wrap-up of the day's events from NBC Sports. Wrap-up content
will be priced at $1.99 under the NBC Network, with a complete
Olympic wrap-up available at the end of the Games.
-- Zune. On Aug. 8, Zune Marketplace will kick off a series of
daily 2008 Olympic Games videos from NBC Sports, giving viewers
special on-the-go access to the 2008 Beijing Olympic Games. For
approximately 99 cents -- $1.99 per episode (with post-Games
content TBD), footage will include memorable highlights from
the Opening and Closing Ceremonies, "best of" compilations,
"best match" replays and a post-Games wrap-up feature. Users
will be able to download each episode onto their Zune device
for viewing whenever and wherever they go.
-- Live Search. Live Search will provide an xRank of Olympic
athletes showing which athletes are being searched for the most
on Live Search, who is on the rise and who is declining in
search popularity. It will also provide detailed "instant
answers" on Olympics-specific search queries performed at
Live.com or via Web search on NBCOlympics.com on MSN. Queries
to try include an athlete's name or:
-- "Olympic medals"
-- Medals for < country > and/or < sport > e.g., "Medals
for USA" or "USA medals for swimming"
When: The Olympic Games begin on 08/08/08.
Where: Go to MSN.com to check out the Olympic events you want, when you
want.
Founded in 1975, Microsoft (MSFT:Microsoft Corporation
News, chart, profile, more
Last: 27.48+0.46+1.70%
11:27am 08/07/2008
Delayed quote dataAdd to portfolio
Analyst
Create alertInsider
Discuss
Financials
Sponsored by:
MSFT 27.48, +0.46, +1.7%) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Memo from Microsoft?
FW: Watch the Olympic Games on Media Center
From: Enrique Rodriguez
Sent: Wednesday, August 06, 2008 8:39 PM
To: All Employees of MS in MSUS; All Employees of MS in Puget Sound
Subject: Watch the Olympic Games on Media Center
We are pleased to announce we are launching NBC Olympics On the Go in Windows Media Center, an Internet-delivered catch-up TV service from NBC Universal powered by Wavexpress’ TVTonic platform. This free download-and-play service differentiates Windows Media Center as the platform with the highest-quality Internet-delivered Olympics experience in the USA.
Please try it out and give us your feedback! You simply launch Windows Media Center and scroll down to the Online Media strip where you will find a link to NBC Olympics On The Go in default view. Follow the simple one-time installation steps and you’re ready to go. Please note that installing from behind the corporate firewall does not reliably work, please try it at home if you encounter any issues.
Error: Olympics not available in China
Aug 7, 2008 00:03
http://asia.cnet.com/blogs/littleredblog/post.htm?id=63005622&scid=rvhm_ms
This year marks the first time video of Olympics will be easily accessible on the internet (well, relatively easy). NBCOlympics.com has events online streaming live with a little help from Microsoft Silverlight. If you want to watch, you do need to be inside the U.S. When I try to bring up the site here in China, I get an error saying that it's restricted to U.S. viewers only. Well, there's always youtube right? Didn't they just announce a new Olympics Channel? Oops! That's not available in China either? Wow...
Well, if you've really got your mind set on streaming the Olympics on your computer, there are ways around problems like these. One solution for those of us here in China is to check out PPlive, one of China's many uber-speedy P2P services, who are supposedly licensed to show the games. Oddly enough, it's only available if you have a Chinese IP address!
Alternatively, you could go browse Qik instead. I hear they have all the hot Olympic action...
On a sidenote, Facebook is still barely kicking in China, and rarely responds with anything more than "page not found" these days. It's the highest profile censorship casualty to date, though the somewhat intermittent nature of the block is keeping it relatively low key in the media.
My mistake, my apology! e/
DonDuck, you guess??
I think this was the original link. TVTonic's icon isn't up yet.
Stop guessing !!!!!!!!
Is anyone getting the soccer feed?:
http://www.nbc.com/olympicsonthego/
Olympics On The Go Has Arrived
http://on10.net/blogs/sarahintampa/Olympics-On-The-Go-Has-Arrived/
At the end of June, we told you that the Olympics were coming to Media Center. Well, now they’re here! If you haven’t already done so, you have to try out NBC Olympics On the Go on your Windows Media Center PC. This internet-driven TV service from NBC Universal is powered by TVTonic’s platform and brings you all the latest from the games in HD. Even if you don’t have a TV tuner for your Vista Home Premium or Ultimate PC, you’ll still have access to HDTV coverage from NBC, USA, and Universal TV networks for a total of 225 hours of coverage over 17 days. This includes 24 sports, the full opening ceremony, and a closing ceremony montage. What’s really cool about this service is that you can sign up to get automatic downloads of all the available coverage for any particular sport – this way, you’ll never have to miss any of your favorites. The content is downloaded and cached on your PC, so you can watch it whether you’re online or off. It even works through any Extender device! To get access to NBC Olympics On the Go, just launch Media Center launch and scroll down to the Online Media strip where you will find a link to NBC Olympics On The Go in the default view.
Tags: MCE, olympics, Windows Media Center
FDE on new Lenovo T400 & T500
http://www.thinkpadtoday.com/lenovo-thinkpad-t400-%E2%80%93-t500-a-quick-review.htm
Hard Drive choice will include 80, 160, 250, 320GB / 5400 rpm - 160GB / 7200 rpm - 200GB / 7200 rpm with Full Disk Encryption (FDE) and of course a 64GB Solid State Drive as an option.
To be perfectly honest though we cannot see many people opting for an SSD drive on a a T400 or T500 until capacities increase
oh barge!!!!!!
Home PC is Becoming the Wireless Entertainment Hub Among 18-34 Year Olds
FARMINGTON HILLS, Mich., Aug. 5 /PRNewswire/ -- A national survey of adults
indicates that we can thank 18-34 year olds for leading us out of the tangled
mess that was a wired world. According to the survey, 18-34 year olds are much
more likely to have a wireless network at home (63% of 18-34 years olds
compared to 50% on average) according to Susan Sabanos, Vice President of the
Technology Practice at Morpace Inc.
Given the freedom and mobility that comes with a wireless environment, it is
not surprising that young adults are also more likely to use their home PC as
an entertainment hub. Half regularly watch TV programs on their PC (versus 31%
on average) and 63% regularly download games, music and/or video directly to
their PC (versus 41% on average).
The survey which measures technology adoption also reveals that males, more
so than females, have higher adoption for most technologies including, HDTV,
Wi-Fi, mobile phone Internet access, work email and satellite radio.
Survey Methods
The Morpace Inc. survey was conducted on July 18 - 20 using a panel of
adults aged 18 and older. The resulting sample was weighted by age to ensure
that the demographic profile of respondents matched those of the U.S.
population. For results based on the total sample of national adults,
percentages are accurate at a 95% level of confidence with a margin of
sampling error of +/- 3 percentage points.
Update: Google-Silverlight Deal Rolling Forward
http://www.inquisitr.com/2161/google-reaches-silverlight-ad-deal-or-does-it/
Google will serve ads into Microsoft’s Silverlight 2 platform, the company has confirmed.
Google’s original announcement that DoubleClick would start powering Silverlight 2-based ads disappeared shortly after its posting this morning, leading us to question what was up with the deal. Google tells us, though, that the vanishing act was a result of a “glitch” on its web site and was unrelated to the deal itself. It was fixed just a few minutes ago.
So, it’s a go: The new partnership will launch with the monetization of 2,500 hours of Silverlight NBC Olympic content. DoubleClick’s already on-board for ad serving with Flash, RealMedia, and Windows Media, so the addition of Silverlight 2 only makes sense from Google’s perspective — though it’s probably not a positive reflection on Microsoft, with the company turning to its competitor for help on its own product.
Interactive video
http://blogs.zdnet.com/Stewart/?p=894
Watching video of the Olympics is great, but that’s not any different from television. Watching video of the Olympics, being able to instantly get information about medal standings and athletes right inside of the same application without having to open up a new tab and search is the kind of interactive experience that the web should be all about.
(Isn't this exactly what we're going to see? From titlewave's recent post: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31180527)
As we approach the Olympics we’re seeing a lot of different experiences being created around video content. I was recently quoted in a Denver Post article about Silverlight being used as part of the Democratic National Convention and when looking at the Aurora project (Techmeme discussion)I thought it would be a good time to break out a “why the < href="http://www.w3schools.com/tags/html5_video.asp">video tag is inadequate” post. It won’t be enough because we’re finally reaching a point where video is just a content type and not the entire experience.
There’s only minor value in standalone video content. Sure, YouTube is popular (and even YouTube has started enabling related videos right inside of the player) but “video in a square” is going to get less and less useful as the web involves. What’s going to be important is how people incorporate video into the overall experience. Video adds that extra real time/real life element. But being able to bring in related content and add that to the video experience is what really makes using video great. We can have that very human interaction and feel with video but then drill down into data as our video is intermingled with text, charts, and numbers.
Watching video of the Olympics is great, but that’s not any different from television. Watching video of the Olympics, being able to instantly get information about medal standings and athletes right inside of the same application without having to open up a new tab and search is the kind of interactive experience that the web should be all about. The video tag just treats video as another box on the page like a div tag or an image. That’s going to be good up to a point, but as we move around video standards and the web becomes more distributed people are going to consume the exact same video clip in different ways (desktop apps, the browser, mobile devices, offline) so the content and the format become a commodity. To really stand out and draw people into your video application you’ll have to start providing that interactive content.
That’s a core part of the RIA experience and it should be a core part of the web video experience. If this summer is any indication we’re moving in that direction and I don’t think the video tag will be able to keep up.
Mig, Mig, Mig.........
Just trying to understand if your frustration is with tvTonic or NBC?
Let's wait until Wednesday to see how seamless it is, but you very well could be right. This has been described to me as a trial by fire for both NBC and WavExpress.
It is a juggling act for Wave trying to balance precious resource expenditures for these projects and then justifying the next PP.
What's your stance on the lackluster effort of Seagate and FDE sales?? How about the lackluster effort of Dell's salesforce in getting enterprise TPM activation? Your frustration seems centered on tvTonic. Do you feel this is an opportunity squandered? Many feel we're squandering resources on this venture.
Good article: Microsoft Ready For Olympics Closeup
By Kevin McLaughlin, ChannelWeb
2:15 PM EDT Mon. Aug. 04, 2008
http://www.crn.com/software/209902757
Microsoft (NSDQ:MSFT)'s Silverlight technology will get two big doses of exposure during the month of August, as the technology delivering online multimedia for both the Beijing Olympics and the Democratic National Convention later this month in Denver.
Silverlight, a subset of the Windows Presentation Foundation (WPF) system that powers Windows Vista, is Microsoft's attempt to trump Adobe's Flash technology by offering better-looking, more advanced display and interactive functionality, as well as superior tooling support.
When the Olympic games kick off on Aug. 8, the Silverlight-powered NBCOlympics.com Website on MSN will go live with event coverage and features that go beyond the typical Web video experience, such as multiple camera angles, rewind, and picture-in-picture, according to Eric Schmidt, director of media and advertising evangelism at Microsoft.
While these types of features can be difficult to pull off in low bandwidth situations, with the current version, Silverlight 2 beta 2, Microsoft added an adaptive video streaming technology that automatically chooses the optimal bitrate and encoding based on available bandwidth, Schmidt said.
"We have the ability to serve video to lots of different PC and Mac environments that otherwise would not get the greatest experience with traditional live streaming," said Schmidt.
Microsoft and NBC chose Limelight Networks as the lead content delivery network to deliver more than 2,200 hours of Olympics games footage, including 20 simultaneous live video streams at peak times. "This will definitely be the first time that something like this has been done on this scale," Schmidt said.
Dave Meeker, user experience strategy lead at RoundArch, a Chicago-based software development firm that works with both Microsoft and Adobe, says a strong performance during the Olympics could catapult Silverlight into a genuinely competitive position with the more entrenched Flash platform.
"Silverlight lacks the ubiquity that developers need to push our software out there, but having multiple cameras all streaming into a single player is something we haven't yet been able to achieve in online video," said Meeker.
Silverlight's programming model supports Visual Basic, C# and a number of dynamic languages, including Python and Ruby, while Microsoft's Visual Studio and Expression IDEs allow .Net developers to work with Silverlight using tools they're already familiar with.
This flexibility means that Silverlight is sometimes the shortest path for companies to get a good user interface in front of their customers, says Anthony Franco, president of EffectiveUI, a Denver-based Rich Internet Application (RIA) provider.
But while Silverlight's user base will grow as a result of the Olympics, Franco believes it'll take some time before it's regarded as a true challenger to Flash. "The ubiquity and install base is the name of the game. And even with the Olympics, it's going to be difficult for Microsoft to get the ubiquity with Silverlight that Adobe has with flash, at least in the short term," he said.
At the Democratic National Convention, to be held in Denver from August 25th to 28th, Silverlight will once again be in the spotlight, as Microsoft is the "Official Software and HD Web Content Provider" for the event.
From an online standpoint, Scott Stanfield, CEO of Vertigo Software, a Richmond, Calif.-based firm that is one of the official developers of the DNC Website, expects Silverlight's features to be just as effective in the political arena as they will be at the Olympics.
"The content is going to be stunning, just really great quality. And even if you have a slow connection, the bandwidth scales to take advantage of your pipe automatically," Stanfield said.
The DNC Website isn't meant to replace televised election coverage, but instead will let visitors use Silverlight to create their own unique viewing experience from the event's official video feed, according to Stanfield.
"People ask 'Why should I watch a live event on the web if can watch on TV?' Well, it's all about being able to choose from multiple camera angles, having access to full schedule of events, and viewing past clips as video on demand," Stanfield said.
alea,
Wouldn't that depend on who is making the decision? Plus, they may have been hearing that pitch already:
NBC UNIVERSAL DIGITAL MEDIA
NBC Universal Digital Media is a centralized organization within NBC Universal that sets the company's digital media strategy and leads its content and distribution efforts to develop new business models and markets. Since 2006, NBC Universal Digital Media has overseen the distribution of digital products across multiple platforms, including on-demand, interactive television, broadband, wireless, and IPTV; as well as product development, portal and partner relationships. Additionally, the Digital Media team, in partnership with GE Commercial Finance - Media, Communications & Entertainment, has oversight of the Peacock Equity Fund, a $250,000,000 global capital fund that invests in companies developing technologies, platforms or business models that are a strategic fit to NBC Universal and have high growth potential.
NBC UNIVERSAL DIGITAL DISTRIBUTION
NBC Universal Digital Distribution drives the company’s North American domestic distribution across the Internet, wireless, set-top devices and other emerging platforms, and leads content strategy for offerings that include video on demand (VOD), electronic sell-through (EST), interactive television, and wireless products and services (WAP, SMS, etc.). NBC Universal Digital Distribution also directs and manages the company’s cable investments, including A&E, The History Channel, History Channel International, The Biography Channel and the Sundance Channel..
Dr. Nick,
Now that would be fantastic!!!
http://www.techcrunch.com/2008/07/31/nbc-launches-on-demand-olympic-coverage-in-hd/
Michael Sprague - July 31st, 2008 at 6:41 pm PDT
NBC is doing a tremendous effort this year delivering the Olympics online through many different platforms and experiences. There’s something for everyone and more coverage than has ever been available online before. By enabling different platforms they can engage the best features each has to offer. My company operates the service described in this article and our speciality is Vista Media Center. Media Center gives us the environment for a very engaging, reliable and even portable media experience for the Olympics. We think the experience will be excellent, but like the future of video, there is no single tool to reach all users in all environments. Better that each platform leverage the best it has to offer and the user decides the experience he or she wants.
Hi Dory,
In a very recent conversation, I was told that NBC is disatisfied with NBC Direct. TVTonic could be a perfect fit. What I wasn't told is if NBC might be one of the media parners interested in buying part or all of TVTonic. Additionally, it's the NBC Sports area of the company that's currently so enthused about TVTonic. They're going to have to get to know the players on the Direct side. Sheesh, almost like dealing with the government!
Wave to Host Q2 Conference Call Monday, August 11th at 4:30 p.m. ET
By Business Wire
Last Updated: 08/04 12:49PM
LEE, Mass.--
Wave Systems Corp. (Nasdaq: WAVX) announced today that on Monday, August 11th at 4:30 P.M. ET it will host a webcast/conference call reviewing recent corporate and industry progress as well as Wave’s results for the second quarter ended June 30, 2008. Wave’s results will be issued after the market’s close that day.
WEBCAST/REPLAY: available at http://www.wave.com and archived for 30 days.
TELEPHONE: via 212-896-6169 or 415-537-1810. Please call five minutes in advance.
About Wave Systems
Wave provides software to help solve critical enterprise PC security challenges such as strong authentication, data protection, network access control and the management of these enterprise functions. Wave is a pioneer in hardware-based PC security and a founding member of the Trusted Computing Group (TCG), a consortium of nearly 140 PC industry leaders that forged open standards for hardware security. Wave’s EMBASSY® line of client- and server-side software leverages and manages the security functions of the TCG’s industry standard hardware security chip, the Trusted Platform Module (TPM). TPMs are included on tens of millions of PCs and are standard equipment on many enterprise-class PCs shipping today. Using TPMs and Wave software, enterprises can substantially and cost-effectively strengthen their current security solutions. For more information about Wave and its solutions, visit http://www.wave.com.