First, he says that Federal Regs are making it MANDATORY that drives be centrally managed. This is another way of saying that Wave Systems is going to be a very KEY PLAYER in this arena. He is also saying that lawyers/accountants are going to be looking to Wave technology for the accomplishment of their compliance goals.
Second, Thibadeau is explaining to everyone why Wave grabbed his patents.
Do you understand now why the BIG INTL ACCOUNTING FIRM chose Wave even though they are using Lenovo machines?
It's all about effective central management of drive encryption and the capacity to audit (which ERAS can do very uniquely).
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