Wave Systems Corp. (fka WAVXQ)

[svenm]

Weby, Re: Dell sales. My understanding, coming from a very informed source, would indicate that the arrangement is that Wave will be working with Envoy to sell ETS to purchasers of TPM equipped laptops. I.e., ETS software will not be automatically bundled. It will be the only TPM software offered, however. Therefore, any estimates for Dell revenue should take that sales model into account. Since Dell and Envoy are both making $'s on each ETS unit sold they will hopefully make every effort to bundle ETS with a TPM-equipped machine. However, every TPM PC sold by Dell will not result in revenue to Wave, IMO.
Svenm