Wave Systems Corp. (fka WAVXQ)

[SPIN]

Ironic you mentioned Tom Clancy & Wave...

been thinking that many of the "relationships" that Wave had forged in past (& were fodder for derision when they failed to result in revs) might be embers that could again be stoked b/c of apparent deployment.

Wave 10K still mentions unexpired options held by the William Morris Agency... among many other past connections that might some day bear fruit.

SPIN

WAVE SYSTEMS CORP. TO EXCLUSIVELY DISTRIBUTE TOM CLANCY'S POLITIKA VIA GREAT STUFF NETWORK

Lee, MA, March 4, 1998 -- Wave Systems Corp. (OTC BB: WAVX; http://www.wave.com/company) announced today that "Politika," best-selling author Tom Clancy's multiplayer interactive game produced by Red Storm Entertainment, Inc., will be distributed exclusively through the Great Stuff NetworkSM Download SuperstoreSM, Wave's electronic content distribution service.

In Politika, players control opposing government factions and compete against each other for domination of post-Boris Yeltsin Russia. It is one of the first interactive games to combine multiplayer gaming with online audio conversation. Because spying is a component of political negotiation, Politika creates an espionage environment wherein players can eavesdrop on one other.

"We're very excited that Wave Systems will be our exclusive online sales partner for Politika," said Dick Wnuk, Red Storm's vice president of sales and marketing. "We have always looked at all possible outlets to sell our games, whether they are actual stores or online sites. With its reputation for offering entertainment software that appeals to our target customers of both hard core and casual gameplayers, Wave's Great Stuff Network offers a great online venue for us."

The Great Stuff Network (http://great-stuff.com) offers WaveEnabled content for purchase and download at the consumers' desktop computer by subject category, including Games, Books, Arts & Entertainment, Business, Graphics & Multimedia and Web Tools.

"Tom Clancy is the master of political thrillers, and enjoys a huge, global readership," said Steven Sprague, president of Wave. "Clancy's multimedia online game offers precisely what millions of consumers are looking to purchase and download over the web: top quality content."

Based in Morrisville, North Carolina, Red Storm was founded in 1996 by Clancy and Virtus Corporation, the leader in 3D multimedia authoring tools, to develop multimedia entertainment products.

Red Storm Entertainment publishes interactive entertainment and is a leading provider of products for the multiple media entertainment market. Red Storm Entertainment was co-founded by best-selling author and Chairman of the Board Tom Clancy, and Virtus Corporation, the leader in interactive 3D business applications. For more information call Red Storm Entertainment at 919-460-1776 or visit http://www.redstorm.com.

Wave Systems Corp., formed in 1988 by Peter Sprague, former Chairman of National Semiconductor, has developed a unique distributed information metering and transaction processing service, called the Wave System, for use in the sale and distribution of a wide range of electronic content for consumer entertainment and education applications. In December 1997, Wave entered into an agreement with IBM to collaborate on industry-wide adoption of Wave's WaveMeter technology by systems manufacturers which would enable consumers to access digital content directly from their desktops through a variety of purchase models including rent-to-own. The Wave System gives content providers security and flexible transaction models and consumers the convenience and control of obtaining content via the Internet, and eventually CD-ROM and broadband transmissions. For more information about Wave or to use the Wave System, please visit Wave's corporate web site at http://www.wave.com/company.