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1stnflight

03/23/07 4:04 PM

#140171 RE: barge #140169

OLPC Supporter Negroponte was a WAVX supporter

Barge I'm with you. Per Wildman262 post 130733: 1997 WAVX Private placement group included Negroponte.

Mr. Negroponte stated, "Wave is a company ahead of its time, but time in the digital world moves so quickly that Wave will be timely tomorrow. Wave's unique system enables micropayments which are at the core of electronic commerce. Micropayments represent a new kind of digital payment system, one that enables the buying and selling of products previously bundled in large, take-it-or-leave-it packages. Wave's innovative approach is the basis for a whole new form of entrepreneurism."

Steven Sprague, president of Wave, commented, "The participation of such highly regarded technology industry figures in this private financing confirms the growing base of support we are seeing for our electronic content commerce and distribution solution. We are pleased these industry leaders share our vision for Wave.