-edit - Did you see why WAVX is rising?
"Form 8-K for WAVE SYSTEMS CORP
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14-Dec-2004
Entry Material Agreement, Financial Statements and Exhibits
Item 1.01. Entry Into a Material Definitive Agreement.
On December 14, 2004, Wave Systems Corp. ("Wave") and Envoy Data Corporation ("Envoy") amended the Authorized Distributor Agreement, dated as of June 29, 2004 (the "Agreement"). The amendment to the Agreement makes Wave's EMBASSY® Trust Suite Enterprise Security, Dell Edition 1.0 software (the "Software") available for distribution to Dell Inc. ("Dell") by Envoy. The Software will then be an option for purchase with Dell personal computers enabled with security hardware at a retail price of $19.99. Pursuant to the amendment to the Agreement, Wave will receive the remaining portion of the $19.99 retail price after deducting distribution costs. The amendment to the Agreement does not provide for any minimum or maximum guaranteed quantities.
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