Z88 - See Seagate @ RSA & ORC subcontract to be completed
-- RSA Demos: In February at the RSA Conference 2006, Wave and Seagate demonstrated the Seagate Momentus 5400 FDE, a 2.5-inch, 5400-RPM notebook hard drive equipped with hardware-based Full Disc Encryption (FDE), delivering the highest levels of data security, and Wave's Embassy Security Center software. Wave's Trusted Drive Manager is designed to provide organizations with an easy way to set up and configure the Momentus 5400 FDE drive and to automate protection and management of passwords and encryption keys.
-- Operational Research Consultants, Inc.: In January, Wave teamed with Operational Research Consultants, Inc. (ORC) in connection with the first Blanket Purchase Agreement award issued under the new U.S. General Services Administration "Authentication Products and Services" Category Special Item No. 160 32, part of existing IT Schedule 70 (the "ORC ACES BPA"). The terms upon which Wave will participate in the project are subject to the completion of a subcontract to be entered into between Wave and ORC.
-- U.S. Army CB2 Specification: In February the U.S. Army Small Computer Program published the new Consolidated Buy-2 (CB2) Desktop and Notebook minimum specifications for Army customers. The new specification, a milestone in the adoption of trusted computing standards, requires desktop and laptop personal computers be equipped with the new open security chip hardware TPM.
-- Consulting Service Contract: In February Wave was awarded a $319,000 contract to provide consulting services in connection with a study to evaluate the implementation of trusted computing solutions for the government. The project, which was disclosed by Wave in a Form 8-K filing made on February 8, 2006, is underway and has an expected term of four months.
