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A Place to Put Your Wallet -- Steven K. Sprague, President and CEO, Wave Systems, The Internet Analyst News.


Business Editors

NEW YORK--(BUSINESS WIRE)--July 31, 2000

Steven Sprague is president and chief executive officer of Wave Systems (Nasdaq:WAVX), a business with an interesting spin on Internet security ''This article or section is being rewritten at

Internet security is the process of protecting data and privacy of devices connected to internet from information robbery, hacking, malware infection and unwanted software.
.

"As you look at the Internet today, security is all on the server side. By moving security to the client side, we can begin to establish the relationship between the consumer and the server from a security perspective. We offer a whole range of different capabilities but in the end, it's a programmable hardware device that can support everybody's security paradigm, whether it's control of content, like music and video, or authentication, like who are you when you're logging in A colloquial term for the process of making the initial record of the names of individuals who have been brought to the police station upon their arrest.

The process of logging in is also called booking.
. We don't pick the method. We just offer a platform on which everybody's method will work.

A company like Intertrust Technologies InterTrust Technologies Corporation was founded by Victor Shear in 1990 to develop and market technologies for digital rights management (DRM). Its initial public offering (IPO) was in November 1999. It was purchased by Sony and Philips in November 2002.  (Nasdaq:ITRU) that builds digital rights management systems can hide its secrets and do some of its secure processing on our chip, independent of the PC's operating system. . . Today we're selling devices and supplying a number of companies -- Hitachi (NYSE NYSE

See: New York Stock Exchange
:HIT) and Compaq Computer (NYSE:CPQ CPQ Compaq
CPQ Conseil du Patronat du Québec (Canada)
CPQ Configure-Price-Quote
CPQ Conseil de Presse du Québec (Québec Press Council, Canada)
CPQ Companion Parrot Quarterly
). Later this year we expect to supply a number of Advanced Micro Device's (NYSE:AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. ) customers."

To find out more about Wave Systems, read the interview in Multex.com's The Internet Analyst(sm), http://www.theinternetanalyst.com/individual/000727sections/ hotlunch.asp

Companies profiled:

Wave Systems (Nasdaq:WAVX) http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=wavx

Intertrust Technologies (Nasdaq:ITRU) http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=itru

Hitachi (NYSE:HIT) http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=hit
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Publication:Business Wire
Date:Jul 31, 2000
Words:259
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