Wave Systems Corp. (fka WAVXQ)

[Countryboy]

Phantom, NextBend and Wavexpress?

Microsoft stated that the Phantom was the hottest item displayed in the booth. It was also displayed in the NEXTBEND suite which is a company which manufactures a entertainment system and is synergistic to the Phantom since it is a add on to their system.
http://ve3dboards.ign.com/General_News/b10496/14522339/?22

Phantom Gaming Service to be
at Consumer Electronics Show

Sarasota, Florida - January 6, 2004 - Infinium Labs announced today that its Phantom Gaming Service™ will be unveiled to the public January 8-11 at the Consumer Electronics Show in Las Vegas, Nevada.

"We're very excited to be showing the Phantom Gaming Service for the first time at North America's largest tradeshow," said Timothy M. Roberts, CEO of Infinium Labs. "This show gives us the unique opportunity to present the Phantom firsthand to both consumers and industry insiders."

The Phantom Gaming Service will be a featured product at the Microsoft® Windows® Embedded Device Showcase exhibit in the Las Vegas Convention Center. Infinium Labs is licensed by Microsoft Licensing, GP to use Windows® XP Embedded for operating system components of the Phantom Gaming Service™.

The Phantom Gaming Service also will be featured in a hospitality suite on the 7th floor of an office building at 101 Convention Center Drive, just ½ block from the Las Vegas Convention Center, and at a penthouse suite at the Palms Casino Hotel. Please email requests for appointments to visit these suites to [e-mail].

CES attendees can catch a glimpse of the Phantom at a special gaming session, SS2 Next-Generation Gaming Console, from 11:30 a.m. to 12:30 p.m. on Thursday, Jan. 8, at the LVCC North Hall N254. Robert Shambro, Executive Vice President of Strategy and Co-founder of Infinium Labs, will be a panel participant.

The Phantom Game Service is a next-generation gaming system that supports games on-demand, game rentals, game demos, seamless upgrades and patch management. At launch, the Phantom™ will be the fastest, most powerful gaming system on the market and will include a broad selection of pre-loaded games, on-demand games and game rentals.

The Phantom Gaming Service is an always-on broadband device, which will allow gamers a wealth of options, from wireless connectivity to massive multiplayer capabilities, allowing gamers to demo games before purchasing or subscribing. For more information on the Phantom Gaming System, please visit www.phantom.net.
http://www.infiniumlabs.com/dialup/press/019.html

NextBend, Inc., Licenses Wavexpress Broadband Technology for New Media Delivery Products

Patented UniStac™ Reference Design to Embed Wavexpress' Content Delivery Infrastructure and Secure Media Player

Sarasota, FL - December 2, 2003 - NextBend, Inc, creator of UniStac, a unique set-top box (STB) architecture for an expandable home entertainment gateway, today announced an agreement with Wavexpress to co-develop a digital content distribution platform and broadband media player for immediate integration. Wavexpress, a provider of broadband technology and services, is majority-owned by Wave Systems Corp. (NASDAQ: WAVX), a leader in trusted computing. NextBend will demonstrate the solution at the International CES, January 8-11, 2004, in Las Vegas.

UniStac enables broadband service providers to offer retail customers a low-cost residential gateway that can be extended to handle numerous entertainment, media and communications applications. Based on a patented modular system, UniStac allows consumers to expand its capabilities with the addition of multiple components, such as a DVD-player, TV tuner card, MP3 player or other device. UniStac's open architecture complies with the OSGi software specification for the delivery of managed services, ensuring that it is forward-compatible with the next generation of digital home entertainment.

UniStac's built-in features will include Wavexpress' client software to receive, manage and display rich media channels. The WX Client™ will feature custom-built channel menu and navigation controls which allow viewers to navigate between channels and access an array of interactive features using a standard remote control. Wavexpress' distribution network sends channel programming via a cable modem or DSL connection to the STB, where it is digitally recorded. Unlike ordinary TV channels, all programming delivered by Wavexpress can be watched at any time, entirely on-demand.

"NextBend has engineered a simple and logical design to transform the set-top box into a dynamic media hub," said Michael Sprague, president and COO, Wavexpress. "The web-based video experience is finally arriving on the TV screen. For the first time, ordinary TV viewers will see a compelling value offering from broadband."

"Content publishers and network operators are looking for ways to leverage broadband," said Tom Orr, CEO, NextBend. "Embedding the Wavexpress solution enables us to offer sophisticated new services, combined with convenience and security. Digital media companies will be able to address an expanded marketplace, and realize significant cost savings compared with alternative delivery methods."

UniStac-based Set Top Boxes are currently in development. NextBend anticipates product availability in 2004, with retail prices falling below $300 for volume applications. Financial terms of the agreement were not disclosed.
http://www.wavexpress.com/headlines/12.02.03.html