AMD and Wave Systems Demonstrate Trusted Client Computer Solutions For Secure E-Commerce and Services at COMDEX/Fall 2000.Business Editors/Hi-Tech Writers COMDEX The former, premier computer trade show in the U.S. Although it grew into an end user event, it was originally created for dealers and distributors (it was the COMputer Dealers EXposition). Fall 2000 Booth L1573 LAS VEGAS--(BUSINESS WIRE)--Nov. 13, 2000 Wave Systems Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :WAVX) and 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. (NYSE NYSE See: New York Stock Exchange :AMD) today announced they will demonstrate their first implementation of the Trusted Client In computing, a trusted client is a device or program controlled by the user of a service, but with restrictions designed to prevent its use in ways not authorised by the provider of the service. PC solution, at COMDEX/Fall 2000. Wave and AMD, based on a joint development agreement signed earlier this year, are developing a Trusted Client reference platform that is planned to enable greater security to be delivered to the PC. The AMD and Wave reference platform is designed to be compliant with an evolving specification for PC trust and security developed by the Trusted Computing Trusted Computing (also abbreviated TC) is a technology developed and promoted by the Trusted Computing Group. The term is taken from the field of trusted systems and has a specialized meaning. Platform Alliance (TCPA (Trusted Computer Platform Alliance, TCPA Program Office, Intel Corporation, Hillsboro, OR, www.trustedcomputing.org) A membership organization founded in 1999 by Microsoft, HP, Intel, Compaq and IBM. It was superseded by the Trusted Computing Group (see TCG). ). Furthermore, the AMD and Wave solution adds significant additional functionality including user privacy options, distributed e-commerce and transaction capability. The open, programmable security hardware infrastructure has been designed to provide PC OEMs a template for building cost optimized Trusted Client PCs. Secure applications to be demonstrated on the AMD/Wave Trusted Client platform at COMDEX - all powered by Wave's EMBASSY (EMBedded Application An application that permanently resides in an industrial or consumer device. Providing some type of control function and/or user interface, the software is typically stored in a non-volatile memory such as ROM or flash memory. Security SYstem) technology - are Secure Boot and TCPA integrity metrics, the Cyber-COMM secure e-commerce solution and a metering application to support various commerce models for consumer entertainment content. "Clearly the next wave of e-commerce will require personal computers and other platforms to protect the privacy and security of the consumer, including the protection of credit card numbers and other sensitive information, as well as protect digital content and enable such new services as pay-per-view and full-function free trials," said Richard Heye, vice president and general manager, Texas Microprocessor Division (TMD TMD Temporomandibular Joint Dysfunction TMD Theater Missile Defense TMD Transmembrane Domain TMD Temporomandibular Disorder TMD Tuned Mass Damper TMD Toshiba Matsushita Display Technology Co., Ltd. ). The EMBASSY Trusted Client platform is Wave's implementation of Trust @ the Edge, a new architecture for the Internet that moves core trust and security functions out to the edge of the Internet, and into end-user devices such as PCs, and peripherals. EMBASSY is an open and programmable hardware security co-processor subsystem designed to provide a platform capable of hosting secure application processing, and access to secure resources such as storage, time, cryptographic and key management. It is platform independent, with robust interfaces and can be shared by multiple parties for trusted applications. "By creating the framework to deliver security, trust and a broad range of new e-commerce service functions to PCs and other platforms, AMD and Wave are demonstrating leadership in transforming computing and the Internet," said Steven Sprague, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Wave Systems. "With the EMBASSY Trusted Client architecture we are making it possible to provide users with the privacy options and security they want in their PC, protect digital goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. for providers and enable new models of e-commerce." The extended set of capabilities enabled by the Trusted Client architecture are designed to deliver a wide range of new content and services to users. By using any high-speed network and Wave's Trusted Client architecture, consumers may be enabled to take advantage of a number of new distribution and buying models for content including rent-to-own, pay-per-view, as well as free trials of full-function software, games, music and videos. Businesses may eventually benefit from enhanced security in the use of emerging net-based tools such as Application Service Provider software delivery. The solution developed by Wave and AMD will be demonstrated at COMDEX/Fall 2000, Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , November 13-17, in Booth L1573, North Hall, Las Vegas Convention Center The Las Vegas Convention Center is owned and operated by the Las Vegas Convention and Visitors Authority and is located in Clark County, Nevada. It is one of the largest Convention centers in the world. At the end of 2004, the center had 3. . About Wave Systems Wave Systems' (NASDAQ:WAVX) goal is to build a worldwide network of users based on trusted electronic relationships. Trust @ the Edge defines a new architectural model for the Internet, which embeds trust and security in every user device. Wave Systems is developing, deploying and licensing its EMBASSY Trusted Client technology for the mass adoption of this revolutionary model, integrating industry standard functions, from a wide range of partners that enable reliable, secure digital exchange and commerce over the Internet. At its core, Wave Systems is building the services, and enabling 3rd parties to build services that will take advantage of this new, open, Trust @ the Edge model. (NASDAQ:WAVX). For more information about Trust @ the Edge and Wave Systems visit: www.wave.com . About AMD AMD is a global supplier of integrated circuits for the personal and networked computer and communications markets with manufacturing facilities in the United States, Europe, Japan, and Asia. AMD produces microprocessors, flash memory devices, and support circuitry for communications and networking applications. Founded in 1969 and based in Sunnyvale, Calif., AMD had revenues of $2.9 billion in 1999. (NYSE:AMD). For more information about today's announcement, please visit our virtual pressroom at http://www.amd.com/news/virtualpress/index.html. Additional press releases and information about AMD and its products are available at: http://www.amd.com/news/news.html. AMD is a trademark of Advanced Micro Devices, Inc. Other product names are for informational purposes only and may be trademarks of their respective companies. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 loss of market share, changes in consumer buying habits and other factors over which Wave Systems Corp. has little or no control. |
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