NEC Computers International and Wave Systems To Demonstrate Secure Home Computing Capabilities at CeBIT 2002 in Hannover, Germany.Business Editors/High-Tech Writers CeBIT 2002 HANNOVER, Germany--(BUSINESS WIRE)--March 14, 2002 NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. Computers International (NEC CI), a leader in Europe's home personal computer market, and 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), a developer of next generation hardware solutions and services for secure Internet shopping, are demonstrating secure PC capabilities at the CeBIT 2002 trade show March 13-20 in Hannover, Germany. Demonstrations using NEC computers and integrated Wave technologies will be held at the NEC IT booth, Hall 2, Booth B20, during the show. Wave Systems is the developer of the EMBASSY(R) Trust System, for secure e-commerce and trusted digital exchange, and the EMBASSY(R) 2100 secure e-commerce chip. EMBASSY chips may be embedded in such products as computer keyboards, smart card readers and other computer components. When the EMBASSY system secures a device such as a personal computer, personal information such as credit card numbers, PIN numbers and other end user secrets are protected from theft. At CeBIT, Wave will demonstrate the integration of EMBASSY technology into NEC CI's Packard Bell See Packard Bell NEC. brand, Western Europe's number-one home PC brand in Q4 2001, with market share of 13.7%, as well as in 2001 with a market share of 11.3%. EMBASSY technology is embedded into a smart card reader integrated into a Packard Bell keyboard. Similar capabilities are also demonstrated using a Wave Systems PC keyboard (1) Any keyboard made for the PC. (2) The keyboard introduced with the first IBM PC in 1981 that provided a dual-function keypad for numeric entry and cursor movement. . NEC CI is expected to launch a trial of EMBASSY technology in a secure PC in the second quarter of this year in France using the Packard Bell brand. "Consumers will be more comfortable sharing personal information, such as financial data, over the Internet when the network is more secure," said Detlef Bosse - Executive Director - Desktop and Solutions - NEC Computers International. "We believe secure or 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. capabilities can be a key differential in marketing computers to consumers." NEC CI and its high value solutions The value of NEC CI solutions lies in their ability to combine highly sought after technologies into an easy-to-use package. For example, in 2001, Packard Bell unveiled the Video Dre@m Machine, the first PC in Europe to provide round-trip video production, from downloading footage to the PC through to distributing movies on DVD-RW (DVD-Read Write) A rewritable (re-recordable) DVD disc for both movies and data from the DVD Forum. Also called "DVD Dash RW" and "DVD Minus RW," DVD-RW uses phase change recording. The media hold 4.7GB per side and can be rewritten 1,000 times. . In addition to bringing cutting-edge technology to market quickly, the Video Dre@m Machine also included a TV tuner card A TV tuner card is a computer component that allows television signals to be received by a computer. Most TV tuners also function as video capture cards, allowing them to record television programs onto a hard disk. and video editing See nonlinear video editing and video editor. , personal VCR VCR: see videocassette recorder. VCR in full videocassette recorder Electromechanical device that records, stores on a videotape cassette, and plays back on a TV set recorded images and sound. and DVD authoring DVD authoring describes the process of creating a DVD video that can be played on a DVD player. DVD authoring software must conform to the specifications set by the DVD Forum group in 1995. software. This is the hallmark of Packard Bell products - each solution is an integrated package, combining all the hardware and software needed to accomplish basic and advanced usages. Other examples include the Packard Bell and Disney Pack, which combined software and hardware to deliver Disney activities for children of all ages, and the Internet Dream Machine, which combined Internet access See how to access the Internet. , software and hardware such as a webcam to deliver a ready-to-use Internet-oriented workstation. Secure on-line payment is the next step in this philosophy. "Wave has demonstrated that the company is a leader in aggressively supporting European secure E-commerce specifications and standards," said Bruno Leconte, Wave vice president, European Operations. "Our programmable EMBASSY personal E-commerce technology is an exceptional secure computing For the general concept, see . Secure Computing Corporation, or SCC, is a public company (NASDAQ: SCUR) that develops and sells computer security products, such as:
About NEC Computers International: NEC Computers International (NEC CI) is Europe's sixth largest manufacturer of personal computers, supporting the consumer market with the Packard Bell brand, Europe's home PC leader (Source: Dataquest - February 2002), and the professional market with the NEC brand. One of the major consolidated subsidiaries of the Japanese NEC Corporation - and part of the operation of NEC Solutions - NEC CI benefits from the group's on-going commitment to research and development. NEC CI supplies personal computers, servers and Internet solutions to individuals, corporations, government and other public sector agencies in Europe, Africa, the Middle East and Asia (except Japan and China). For the past six years, NEC CI's annual unit sales unit sales Sales measured in terms of physical units rather than dollars. Unit sales data are often used by financial analysts when evaluating the health of a company. have recorded an average increase of 25%. The company employs 3,000 people worldwide. Its headquarters are located in Wijchen, The Netherlands. For further information about NEC Computers International Contact: Emmanuelle Bureau du Colombier Phone: + 33 1 55 23 75 29 E-mail: emmanuelle.bureau-du-colombier@nec-computers.com www.nec-computers.com About Wave Systems Corp: Wave Systems' goal is to build a worldwide network of users based on trusted electronic relationships. Trust @ the Edge defines a new architectural model An architectural model is a tangible representation of a structure (typically a scale model) built to communicate design ideas to clients, owners, committees, customers, and the general public. 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. Wave is integrating industry standard functions from a wide range of partners that enable reliable, secure digital exchange and commerce. Wave Systems and third parties are building the services that will take advantage of this open model. For more information about Wave Systems and Trust @ the Edge, visit http://www.wave.com. All brands are the property of their respective owners. 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 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. |
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