Wave Systems Corp. (fka WAVXQ)

[rachelelise]

Mark1

Since this partner came from left field, it certainly appears that they sought Wave out. Maybe wave was part of other teams and thus their capabilites were known and NCI sought them after winning. Envision implies to me that they haven't settled all the terms but they do have some measured understanding of what is expected of Wave. Wave might have deferred the financing if this was in the bag; I beleive this as well as other items simply weren't certain (at least to timing) so they had to pull the trigger without supportive news.

We all know that trusted computing is happening but we don't know how successful wave will be in this paradigm shift. Every instance of a contract is a good thing. If its in a highly visible setting the better. The government was expected to be the first adopters and we got what we hoped for.