Wave Systems Corp. (fka WAVXQ)

[xxxxcslewis]

STM PR,

An additional point. We now know one datapoint. In Q2 a minimum of 1,000,000 units were shipped by STM. I believe Wave could disclose April and May shipments without violating any NDA or SEC provisions. That allows an intial extrapolation of a growth curve projection by anyone inclined to go through the excercise. Initial revenues occur sometime after those units are shipped. Subsequent more substantial revenues should follow in succeeding months.

In three months if similar data were disclosed for Q3, more datapoints result in an improved projection. It may then begin to become possible to roughly correlate Wave's revenues to historical shipments.