Wave Systems (WAVX)

Wavexpress Broadband Media Distribution

        Wavexpress competes in a market dominated by traditional content delivery methods. Wavexpress prospects rely on traditional broadcast television, Internet streaming and online websites. Wavexpress' technology augments these services by providing both content providers and viewers a television-like

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viewing experience of Internet video using the Microsoft Media Center platform. Several companies compete for the delivery of television over broadband, including startup video networks such as Akimbo, Joost and Veoh and streaming service providers such as YouTube and Brightcove.

Wavexpress Broadband Media Distribution

        Wavexpress competes in a market dominated by traditional content delivery methods. Wavexpress prospects rely on traditional broadcast television, Internet
streaming and online websites. Wavexpress' technology augments these services by providing both content providers and viewers a television-like

12

viewing
experience of Internet video using the Microsoft Media Center platform. Several companies compete for the delivery of television over broadband, including startup video networks such as
Akimbo, Joost and Veoh and streaming service providers such as YouTube and Brightcove.

Wavexpress Broadband Media Distribution

Wavexpress competes in a market dominated by traditional content delivery methods. Wavexpress prospects rely on traditional broadcast television, Internet streaming and online websites. Wavexpress’ technology augments these services by providing both content providers and viewers a television-like viewing experience of Internet video using the Microsoft Media Center platform. Several companies compete for the delivery of television over broadband, including startup video networks such as Akimbo, Joost and Veoh and streaming service providers such as YouTube and Brightcove.

Wavexpress Broadband Media Distribution

Wavexpress competes in a market dominated by traditional content delivery methods. Wavexpress prospects rely on traditional broadcast television, Internet streaming and online websites. Wavexpress’ technology augments these services with a higher quality playback experience and more reliable delivery method. Several companies compete for the digital delivery of content over broadband, including CDNs (content delivery networks) such as Akamai, startup caching companies such as Maven Networks and streaming service providers such as The Feedroom.

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Wavexpress Broadband Media Distribution

Wavexpress competes in a market dominated by traditional content delivery methods. Wavexpress prospects rely on traditional broadcast television, Internet streaming and online websites. Wavexpress’ technology augments these services with a higher quality playback experience and more reliable delivery method. Several companies compete for the digital delivery of content over broadband, including CDNs (content delivery networks) such as Akamai, startup caching companies such as Maven Networks and streaming service providers such as The Feedroom.