Wave Systems Corp. (fka WAVXQ)

[rwk]

Mig / that's the first critical

element of the trusted environment and it's important for Wave to be active in that space.

But Wave's greatest growth opportunity will occur once the trusted environment is widely adopted. Then we will see the emergence of trusted execution of applets for which Wave owns a few key patents. When there are a few billion pc's and smart phones and tablets and GM Onstars etc. doing a few 10's of billions of transactions a day, the value of Wave's IP will generate individually tiny but collectively massive cash flows.