Replies to post #199015 on Wave Systems Corp. (fka WAVXQ)

[Blue Fin]

wavxwizard, I believe it was 60,000 initially that was announced also, but no name attached.

[cartoon]

wavxwizard - the 60,000 number was attributed to PwhC and not the automaker, I believe.

c

[svenm]

Wiz,
This is great news and thanks to awk for finding this info. However, I don't think you can extrapolate that $6mil in revenue as so far it does not appear that PWC is upgrading to ERAS. As long as they don't upgrade the amount of revenue to Wave is on the order of 1.5 magnitudes less. Hopefully, PWC will take the next step and upgrade, but it doesn't appear (to me, at least) that we have that yet.

JMHO,

Svenm

[Snackman]

It could mean a contract of over 10 million if they upgrade all 150,000 seats.

Also, there has never been a public announcement of PwC and Wave. Maybe we see that soon.

[Doma]

wavxwizard.....according to the reports

30,000 have already been upgraded to ETS at $7.50
per seat with the other 120,000 expected over the
next year generating another $900,000 in revenue.

Upgrading to ERAS at a cost of $50 per seat is
at this time just wishful thinking as PWC uses
there own PKI Infrastructure at present.

keep it real
Doma.