Replies to post #29262 on Wave Systems Corp. (fka WAVXQ)

[TonyMcFadden]

Zeev, that's the understanding on this board also... end of the quarter to recognize/invoice and then the usual payment terms...

There have been other activities beyond the intc boards though, and apparently some of the contracts had pre-pay/downpayment components. (from a CC). May 15 will reveal the Q4 results...

[Bull_Dolphin]

Zeev, Sorry to say that I don't know the arrangement, because it has not been officially disclosed by Wave. However, it has been theorized here as you suggest... a royalty paid after the quarter ends.

I'm also unaware of any successes of the IBM ISV product. Sorry. One comment though... this initial set of after market products is not what Wave is really about... these are introductory simple software products, not the infrastructure management and authority functions that we anticipate.

regards