NEW YORK, Apr 14, 2004 (BUSINESS WIRE) -- Wavexpress, Inc. today announced the latest release of its TVTonic(R) broadband software, which is now compatible with Microsoft's Windows XP Media Center Edition, the home entertainment version of Windows. The new version of TVTonic integrates with the Media Center Remote and is optimized for the livingroom viewing experience.
TVTonic is based on the WX Client(TM), a core component in Wavexpress' product suite that offers entertainment companies a complete solution for the publication, distribution, and presentation of full-screen, DVD-quality media on the computer. Wavexpress is majority-owned by Wave Systems Corp. (WAVX) , a leader in trusted computing.
TVTonic brings Media Center users on-demand access to channels featuring News, Music Videos, Cartoons and Movie Previews. Programming is automatically delivered to subscribers based on their channel selections and stored in a secure local cache. An intelligent cache controller manages disk space usage and enforces the content access rules set by the channel provider. Subscribers can decide when to watch a channel and choose whether to view it on a PC or TV screen.
"Windows Media Center Edition has delivered on the promise of convergence - bringing the power of computing to livingroom entertainment," said Michael Sprague, president, Wavexpress. "TVTonic adds an entirely new and powerful distribution method to the Media Center platform. Content is delivered directly from media companies to consumers without any compromise in quality or ease-of-use. TVTonic provides the ability to deliver a vast menu of channels, combined with the friendly, instant-access features users find so appealing in Personal Video Recorders."
More information about Wavexpress products and services is available from http://www.wavexpress.com.
Manufacturers interested in including TVTonic on Media Center Edition PCs should contact Walter Boyles at wboyles@wavexpress.com.
Media companies interested in delivering channels to Media Center Edition PCs should contact contentpartner@wavexpress.com.
About Wavexpress
Wavexpress enables secure broadband distribution of premium digital content. The company delivers full-screen, DVD-quality video, games, music and software. Wavexpress supports a variety of business models, including subscription, pay-per-view, and advertising services.
About Wave Systems
Consumers and businesses are demanding a computing environment that is more trusted, private, safe, and secure. Wave is the leader in delivering trusted computing applications and services with advanced products, infrastructure and solutions across multiple trusted platforms from a variety of vendors. Wave holds a portfolio of significant fundamental patents in security and e-commerce applications and employs some of the world's leading security systems architects and engineers. For more information about Wave, visit http://www.wave.com.
Safe Harbor for Forward-Looking Statements
Except for the statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to fund operations, the ability to forge partnerships required for deployment, changes in consumer and corporate buying habits, chip development and production, the rapid pace of change in the technology industry and other factors over which Wave Systems Corp. has little or no control. Wave Systems assumes no obligation to publicly update or revise any forward-looking statements.
All brands are the property of their respective owners.
SOURCE: Wavexpress, Inc.
Wavexpress, Inc. Simon Tidnam, 609-750-6819 stidnam@wavexpress.com
Would not this last paragraph seem very damaging to Wave's prospects?
"One feature that could be thrown-out is Microsoft's Next Generation Secure Computing Base (NGSCB), the digital rights management (DRM) system-on a chip architecture planned for Longhorn. Hardware manufacturers who would have to support NGSCB in products like graphics cars and mice have not been building for the system in large numbers, indicating this is one feature Microsoft can afford to drop for now."
Unless MSFT has decided to adopt Wave??? Noticed no comments..any opinions?
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