Wave Systems Corp. (fka WAVXQ)

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HP Mentions New Intel Chips, HP ProtectTools and the TCG, but no mention of Wave (yet) --- BOLDS ARE MINE!

http://biz.yahoo.com/bw/040628/285492_1.html

CORRECTING and REPLACING HP Introduces Client Solutions that Deliver Improved Value, Simplicity and Agility for Enterprise Customers
Monday June 28, 9:30 am ET
New Devices and Solutions Assist Companies in Becoming Adaptive Enterprises


PALO ALTO, Calif.--(BUSINESS WIRE)--June 28, 2004--In BW5377 issued June 28, 2004: Last paragraph, before "About HP," URL should read www.hp.com/go/cliententerprise (sted www.hp.com/go/enterpriseclients)
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The corrected release reads

HP INTRODUCES CLIENT SOLUTIONS THAT DELIVER IMPROVED VALUE, SIMPLICITY AND AGILITY FOR ENTERPRISE CUSTOMERS; NEW DEVICES AND SOLUTIONS ASSIST COMPANIES IN BECOMING ADAPTIVE ENTERPRISES

Expanding on the company's Adaptive Enterprise strategy, HP (NYSE:HPQ - News; Nasdaq:HPQ - News) today introduced new PC products and solutions that offer greater value, simplicity and flexibility to enterprise customers, helping them to synchronize business and information technology (IT) to capitalize on change.

The new HP Compaq Business desktops, workstations and mobility solutions enable customers to reduce their total cost of IT ownership through the innovative use of industry-standard components. Easy to use, deploy and maintain, HP client solutions help boost both user and IT manager productivity. In addition, HP's new security and manageability solutions offer increased investment protection with improved data security and change management processes.

"Enterprise customers need a technology vendor with expertise across the entire IT infrastructure because they're not buying just a single product or service. Delivering the best total customer experience -- through the full breadth of HP's portfolio from the desktop to the data center -- is what distinguishes HP as a true business partner to large corporations," said Duane Zitzner, executive vice president, Personal Systems Group, HP. "HP client devices and solutions help corporations more easily adapt to change through the combination of reduced total cost of ownership, increased security and a wide array of mobile and wireless solutions."

Reducing total cost of ownership

HP client technology increases IT value, simplicity and agility - the ability of a business to respond rapidly to change - with industry-standard designs that provide proven performance, ease of use and greater security and manageability.

For example, the HP Consolidated Client Infrastructure is a virtual desktop comprised of a monitor and an access device connected in a one-to-one relationship to a blade PC located in the data center. This can reduce a customer's IT costs by up to 50 percent over a four-year technology lifecycle versus traditional PCs due to improved lifecycle and security management.(1)

"After testing HP's Consolidated Client Infrastructure, we've realized the tremendous financial impact it can have on our business, and we'll be deploying blade PCs for about 30 percent of our employees by the end of 2004," said Jack Klosterman, chief information officer, Volkswagen Credit, Inc. "We've seen dramatic reductions in individual desktop support calls during our final pilot phase as well as simplification of the desktop management process. From our pilot program, we're estimating CCI will cut our client IT physical inventory by at least 31 percent."

HP recognizes that enterprise customers may need to employ a variety of different end-user technologies to maximize IT cost savings. The new HP client systems also can help reduce their total costs by taking advantage of a variety of the latest industry-standard technologies, such as Intel® Pentium® M processors running at up to 2.0 gigahertz, new Intel 915 and 925X Express chipsets, and EM64T (Extended Memory 64 Technology); PCI Express graphics; and advanced security features based on the Trusted Computing Group's Trusted Platform Module.

"HP is our partner for its strength to provide industry-standard architecture, manageability and service on a global basis. A key factor is HP's long-term vision to move with us into the future," said Graeme Holder, global IS supplier relationship director for Willis Group, the international insurance broker. "We can ensure consistent implementation is achieved in every country worldwide thanks to an industry-standard, global platform for hardware, software and services. This also helps ensure acquisitions are smoothly integrated. Consequently, business change is simplified, and IT costs optimized, through this holistic global view of our business."

HP mobility and wireless solutions provide investment protection

HP helps customers migrate and integrate secure, manageable and scalable wireless solutions into their existing environments with a low-risk, common wireless architecture built on proven industry standards.

"We've implemented a new mobile CRM solution for our field sales on the HP iPAQ Pocket PC that is saving us money and greatly increasing productivity, giving our reps immediate access to information," said Gray Drohan, manager of IT systems and services at Simpson Strong-Tie Company, an international manufacturer of building products.

Expanded to include manageability and security solutions, the HP Mobility Solution Architecture (MSA) is a comprehensive strategy to provide mobile and remote users access to secure, manageable, real-time communications as if they were at their desks. The architecture helps customers minimize risk and maximize the return on investment in their mobility strategy.

HP mobility and wireless solutions also provide enterprise customers improved workforce productivity and scalability, along with greater investment protection and performance with optional tri-mode wireless LAN support. HP Compaq business notebooks, tablet PCs and mobile printers offer support for a range of integrated wireless LAN options, including 802.11 a/b/g and Bluetooth(TM) wireless technology, for the flexibility to seamlessly cross wireless standards, or between existing and future wireless enterprise networks.

The new HP Mobile Print Driver for Windows® can reduce the complexity and costs associated with mobile printing for enterprise customers by easily connecting workers with a notebook or tablet PC to local and networked printers via 802.11 or Bluetooth connection. The new driver features easy-to-use management tools that can save time and money for IT administrators and mobile employees with easy access to advanced printer options and improved user control of print job attributes.

A free download of the HP Mobile Print Driver for Windows is available at www.hp.com/go/mp4n. More information about HP mobility and wireless solutions can be found at www.hp.com/go/wireless.

HP helps protect enterprise customer data

HP security and manageability solutions can help reduce liability by helping to protect information assets from unauthorized access and theft. Available today on select HP business desktop and notebook PCs, the new HP ProtectTools Security Manager is an easy-to-use software application that helps customers get more security value from a desktop, notebook or workstation PC equipped with hardware security features, such as the award-winning HP ProtectTools Embedded Security or Smart Card solutions. More information on HP ProtectTools Security solutions for client devices is available at www.hp.com/products/security.

The new HP Local Recovery solution heightens data security through improved manageability and disaster tolerance. Now pre-loaded on select HP business desktops, notebooks and workstations, HP Local Recovery is a local backup and recovery solution from Altiris that helps to increase security and reduce risk of data loss by saving data and the system image in a hidden, secure area on the local hard drive. More information about HP client management solutions is available at www.hp.com/go/easydeploy.

HP also offers a comprehensive portfolio of security services that keep corporate information safe and network assets secure today, while preparing enterprises to adapt to anticipated growth or changing business and technology environments tomorrow.

An online press kit containing additional specifications and regional availability of new HP products and solutions is available at www.hp.com/go/cliententerprise.

About HP

HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. For the four fiscal quarters ended April 30, 2004, HP revenue totaled $76.8 billion. More information about HP is available at www.hp.com.

(1) HP estimate of TCO savings due to CCI implementation over a typical DT PC implementation during a four-year period based on a hypothetical customer with 10,000 users in a single environment with 70 percent concurrent access.
Bluetooth is a trademark owned by its proprietor and used by Hewlett-Packard Company under license. Windows is a U.S. registered trademark of Microsoft Corporation.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the possibility that the market for the sale of certain products and services may not develop as expected; that development and performance of these products and services may not proceed as planned; and other risks that are described from time to time in the Quarterly Report on Form 10-Q for the fiscal quarter ended Jan. 31, 2004, and other Securities and Exchange Commission reports, filed after the Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2003. HP assumes no obligation and does not intend to update these forward-looking statements.

The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.



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