Replies to post #147642 on Wave Systems Corp. (fka WAVXQ)

[kantbleveit]

exciting mobile space? what about exciting share price of wavx? thats what im talkin about!!!! kant

[Countryboy]

Awk.

Do you think this will have any impact on the following also from last September?

September 14, 2006

i2 Telecom Ready to Ink Deal With Wave Systems

i2Telecom International Inc. is reportedly considering a deal with Wave Systems Corp. which will bring added security and a more seamless calling experience to users of its VoIP service. The proposed deal, which was announced Tuesday, is subject to completion of integration and development work, as well as the associated documentation.

If the deal happens, current and future customers of i2 Telecom will have a much easier time using the VoIP service via their PCs, because they will no longer have to enter passwords for authentication. Instead, authentication will occur automatically via a Trusted Platform Module (TPM), a security chip installed on the motherboard of the user’s PC (new PCs shipping today would have the chip installed).

As per the deal, Wave Systems would promote i2Telecom’s VoIP service as part of its third-party services program for the EMBASSY Trust Suite software (ETS), which assists users in managing the Trusted Platform Modules on their PCs. The suite enables features such as automatic storage and recall of passwords and logon information.

Providing the letter of intent between the two companies is signed, i2Telecom will become the first VoIP service to take advantage of the added convenience and security of integrating its service with a TPM. In addition to being able make calls without the intrusion of entering passwords or login information, users will also gain added assurances against account theft and security breaches.

“For the power user of integrated VoIP telephony, we plan to make accessing landline phones, or making calls to another PC more seamless and secure,” said Paul Arena, Chairman and CEO of i2Telecom, in a press release “We’re excited about the prospect of bringing the i2Telecom voice platform to corporations and consumers alike by leveraging the benefits of the TPM and the expanding services platform enabled by Wave’s EMBASSY Trust Suite.”

Wave’s subsidiary Wavexpress, Inc. will provide the back-office systems for enabling new subscribers of this product. Details of the project remain subject to the negotiation and execution of a definitive development agreement.

Wave’s EMBASSY software leverages the open standards specified by the Trusted Computing Group (TCG), an industry standards body. The computer industry has already shipped tens of millions of PCs embedded with TPM chips.