Wave Systems Corp. (WAVX)
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Interview: Steven Sprague, CEO of Wave Systems Corp. (Nasdaq: WAVX) [view article]
Hi Steven,Any update on DARTT or Hitachi
Sprague
Interview: Steven Sprague, CEO of Wave Systems Corp. (Nasdaq: WAVX) [view article]
great question to ask seagate directly but I think they could make you millions if you order them. We can certainly provide you software for millions!!!This is a modification to an existing product so I think it is more like asking for the first non black ford once you make the first red one the rest is easy
They said back in november that this functionality belongs on all drives.
they shipped something like 170 million last year
steven
Interview: Steven Sprague, CEO of Wave Systems Corp. (Nasdaq: WAVX) [view article]
Are you aware if Seagate has capacity constraints that would limit availability of FDE Drives if the demand for the drives takes off quickly?If there are FDE Drive production limitations, do you have some idea of what level of demand could be satisfied by Seagate in a given quarter in 2007, or for the year?
Do you expect other additional FDE Drive models to be offered by Seagate in 2007?
Thanks
Sprague
Interview: Steven Sprague, CEO of Wave Systems Corp. (Nasdaq: WAVX) [view article]
see my other note above and...I think that the FDE drive is a simple concept that everyone needs who has a laptop. Managing that trust infrastructure is critical to any enterprise. So I hope everyone who buys a laptop buys a drive and then they buy the wave tools to manage the drive. It provides the best data at rest security solution available today. Hardware is just better than software for this function.
performance is better
Security is better
compliance auditing is better
Value is better
but I may be a little biased :) let's see what the market thinks.
steven
Sprague
Interview: Steven Sprague, CEO of Wave Systems Corp. (Nasdaq: WAVX) [view article]
I think TNC or trusted Network Connect will become an interesting market segment in 2007. We see strong interest in the inclusion of the TPM standards as part of measuring and reporting machine health information. TPMs play a critical role in providing the machines root of trust and Wave builds key components to facilitate it. This market is very early and will still need substantial development but it is one of the killer application areas for TPMsteven
Sprague
Interview: Steven Sprague, CEO of Wave Systems Corp. (Nasdaq: WAVX) [view article]
I was in Japan a few weeks ago and NTT was demonstrating the use of TPMs in their booth at a trade show there have been no large design wins yet.As our aisian partners decide to use wave we will announce those agreements. We are making strong progress on a number of accounts and expect our presence in Aisia to grow.
steven
Sprague
Interview: Steven Sprague, CEO of Wave Systems Corp. (Nasdaq: WAVX) [view article]
it is to early to have any data on this front. The facts are that the reason an organization will upgrade is to gain full advantage of the ability tomanage and audit the installation of drives.1. Wave can help the user recover from a lost password to unlock the drive
2. Wave gives the enterprise the ability to centrally configure access for multiple users to a drive.
3. Wave provides audit logs that will prove a laptop had a properly configured seagate FDE drive if a laptop is lost or stolen.
We feel a high percentage of enterprise customers who purchase drives will opt to purchase the managment software as well.
steven
Interview: Steven Sprague, CEO of Wave Systems Corp. (Nasdaq: WAVX) [view article]
Steven,I asked you what percentage of the buyers of the Tarox Notebook do you think will upgrade? What I really meant to ask is what percenage of buyers of the SEAGATE HD will upgrade, not just the Torox buyers.
Do you think more will upgrade now, that buy the FDE.2s, than before, without this drive? Will it be as easier sell now?
Interview: Steven Sprague, CEO of Wave Systems Corp. (Nasdaq: WAVX) [view article]
Hi Steven,Could you provide any visibility on timelines and/or traction gained by Wave in the TNC and mobile sectors? Are we looking at 2008 for any real developments in these sectors and is Wave currently engaged with any of the main players (Juniper, Nortel etc for TNC and Nokia, ARM, Motorola for mobile). Thanks,
Interview: Steven Sprague, CEO of Wave Systems Corp. (Nasdaq: WAVX) [view article]
Dear Steven,Any updates on NTT Data, Renesas, or Asian OEM's or for that matter any new OEM's coming onboard. TIA...Carl.
Interview: Steven Sprague, CEO of Wave Systems Corp. (Nasdaq: WAVX) [view article]
Steven,With regards to the below sentence, do you have a percentage number in mind of those that buy this notebook from Tarox, with the Seagete HD and Wave System's software, as to the number that will upgrade?
Seagate, Tarox, Wave Systems and ICT Economic Impact Presented Complete Solutions For Notebook Security. MANAGEMENT REGAINS CONTROL OF NOTEBOOKS
Interview: Steven Sprague, CEO of Wave Systems Corp. (Nasdaq: WAVX) [view article]
Is that an abstract example or are you a periodic buyer under the employee purchase plan?Sprague
Interview: Steven Sprague, CEO of Wave Systems Corp. (Nasdaq: WAVX) [view article]
It is an available option to dell on how they package the drive.Steven
Sprague
Interview: Steven Sprague, CEO of Wave Systems Corp. (Nasdaq: WAVX) [view article]
We will most likely have to raise capital in the future. Please refer to our filings for exact cash positions. We have been burning just under 5 million dollars per quarter and that number continues to drop as sales increase. Our expenses should remain relatively flat over the next 6 months so burn will be dependent on sales. We have a number of large opportunities that can significantly alter the numbers as we close those deals. We are also seeing a steady climb in the oem revenues that help to offset our cash needs. We are investing in growing market share and expanding the business while we continue to grow the enterprise business. the potential in front of us is more then sufficient to drive the company to cash flow break even and beyond.We work every day to maintain the correct balance
steven
Sprague
Interview: Steven Sprague, CEO of Wave Systems Corp. (Nasdaq: WAVX) [view article]
Please refer to our public filings for details. The only comment I can make is that many of our employees are part of our employee stock purchase program. These purchase are not part of any additional 8k filing when a purchase is complete so the fact that every 6 months I buy more wave stock is under the Employee purchase program. This insulates all of us from any insider buying issues as these are programmed buys and timing is not in our control.I have made no sales since 2003.
steven