Wave Systems Corp. (fka WAVXQ)

[btweenthelines]

Infineon to co-develop security chips with Microsoft

http://www.marketwatch.com/News/Story/Story.aspx?dist=newsfinder&siteid=google&guid=%7BDBDEA...

Edited Press Release
FRANKFURT (MarketWatch) -- German chipmaker Infineon Technologies AG (IFX) said Monday it has been selected by Microsoft Corp. (MSFT) as a development partner for prepaid and subscription computing with Microsoft FlexGo technology.
Under the agreement, Infineon is working with Microsoft to develop specialized security chips that incorporate key technologies from Infineon for the deployment of Microsoft FlexGo.
Financial details of the design collaboration and supply agreement were not disclosed.
Announced this week at Microsoft's WinHEC 2006, Windows Hardware Engineering Conference, Microsoft FlexGo technology creates a new business model for delivering personal computers to individuals and families in emerging market economies.
Systems with Infineon components are expected to be available in the second quarter of next year.
Infineon is working with Microsoft in the technically challenging area of developing easy-to-use and secure access rights to subscription and prepaid computing devices