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| Subject: Re: FINREADfoundationEuropean consumers | |
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Author: expected implementations 1st 1/4 03.Oct. 29, 2002 |
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Date Posted: 03:42:59 01/07/03 Tue In reply to: PrototypeFINREADTerminalanysmartcardapplicationJuly 11, 2001 's message, "Re: SCM expects to deliver prototype terminals deployment in Q3 2002." on 03:35:11 01/07/03 Tue Wave Systems and Trusted Logic Successfully Implement FINREAD Software Specification In EMBASSY Trust System Environment Tuesday October 29, 11:15 am ET LEE, Mass.--(BUSINESS WIRE)--Oct. 29, 2002--Wave Systems Corp. (Nasdaq: WAVX - News): Effort Positions EMBASSY Platform As Leader In Delivering Next Generation Smart Card-Based Services Wave and Trusted Logic To Demonstrate FINREAD Platform at Cartes 2002 Trade Show, 5-7 November, in Paris Wave Systems Corp. (Nasdaq: WAVX - www.wave.com), a leader in trusted computing and services, and Trusted Logic, a major provider of secure software components for Java(TM)-based embedded systems, today announced that Wave's EMBASSY® hardware platform can run software that is based on FINREAD specifications, as published by the European Commission Information Society Program. Such downloadable software will be capable of delivering secure consumer applications for trusted input devices, such as next-generation secure smart card readers. Wave will demonstrate this market-leading capability 5-7 November, 2002, at the Wave booth, 4M007, in the IT Security section of Cartes/IT Security 2002 Expo at the Paris-Nord Villepinte Exhibition Centre, www.cartes.com. FINREAD (Financial Transactional IC Card Reader), led by Groupement des Cartes Bancaires (France), along with SIZ (Germany), Banksys (Belgium), Interpay (The Netherlands), Europay, VISA and others, establishes standards and specifications for smart card readers and advanced e-commerce terminals used in home banking, shopping and other services for the deployment of interoperable, secure smart card terminals for European Union countries. At Cartes, Wave is demonstrating secure execution of finlets, the Java secure executables that are based on FINREAD specifications. Wave's hardware-based, open, programmable EMBASSY technology embeds trust and security in user devices, enabling strong authentication, and reliable, secure digital exchange and commerce. EMBASSY technology is ideally suited to applications such as FINREAD where secure tamper resistant execution, tight integration with smart cards, and secure input and output services are required. "Wave is delighted to be one of the first vendors to demonstrate a FINREAD platform that will serve as the foundation for a new generation of financial services for European consumers," said Steven Sprague, president and CEO, Wave Systems. "Wave is currently working with partners to deploy FINREAD compatible keyboards and readers for expected implementations in the first quarter of 2003. We believe FINREAD to be increasingly important as a lever for sales opportunities in Europe in 2003-2004, and expect to bring our leading services to this platform as it gains traction in the marketplace." "While EMBASSY's open, programmable architecture is ideal for application's such as FINREAD secure home banking," Sprague said, "the platform is also capable of effortlessly running a wide range of important services, from financial services to health care, from PC security to a variety of government applications." Trusted Logic and Wave Systems have successfully leveraged their respective key strengths to create a product that meets the stringent requirements of secure Internet payment. "With this move, Trusted Logic adds another flavor to its Trusted Foundations software line, after an initial focus on the payment terminal industry," said Dominique Bolignano, president and CEO of Trusted Logic. "Our agreement with Wave Systems is in keeping with the company's long-term strategy to timely provide key technologies for a multi-facetted Java-embedded market and reinforce our leadership position." Trusted Logic will be demonstrating the result of this fruitful collaboration with Wave on its booth #3E015 at the Cartes 2002 Exhibition, to be held in Paris Nord Villepinte, on November 5-7, 2002. About Trusted Logic French start-up created in January 1999, Trusted Logic has enjoyed ever since an undisputed image of competence in the embedded systems industry. Technology enabler by excellence, Trusted Logic is at the leading edge of the Java(TM) embedded technology and has built the Trusted Foundations you need to bring the utmost security in your smart card or terminal business. Central to Trusted Logic strategy, our Trusted Foundations are accompanied by certification tools and security services to offer the most comprehensive and reliable solutions. For more information about Trusted Logic, visit http://www.trusted-logic.com. About Wave Systems Wave Systems is a leader in trusted computing solutions and services, including its SignOnline® Suite of Services, a complete web-based digital signing and document storage solution. Wave Systems has developed hardware-based EMBASSY® Trusted Client technology, a Wave TrustEdge® brand of products and the software-based SignOnline Suite of Services as foundation elements for trusted computing. Wave's TrustEdge product line is a comprehensive set of hardware, software, development tools and EMBASSY-based trust infrastructure that allows manufacturers of input devices to develop trusted platforms which are flexible and programmable to support authentication, logon, and identity vault requirements. TrustedEdge-enabled input devices are able to handle multi-factor authentication and identity credentials including passwords/PINs, smart cards, magnetic stripe cards and tokens. TrustEdge can be integrated into a wide range of input devices such as keyboards, smart card readers, biometric readers, cell phones and GPS sensors. For more information about Wave Systems, visit http://www.wave.com. Safe Harbor 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 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 adoption and 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. -------------------------------------------------------------------------------- [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| Subject | Author | Date |
| Re: SCM Microsystems' STR-FINREAD | Q2/Q3 2002 for roll out | 04:00:49 01/07/03 Tue |
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