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Aladdin, Wave Complete Product Integration

Aladdin Knowledge Systems Ltd., a developer of solutions for secure licensing and distribution of digital content, and Wave Systems Corp. said they completed the integration of Aladdin's software execution control system technologies into Wave's WaveMeter chip.

Tel Aviv, Israel-based Aladdin's system consists of the Aladdin Shell and HASP and Hardlock key.

The integration, resulting from the two companies' June 1997 partnership agreement, "provides the foundation for a new model of electronic commerce and distribution of digital content in a secure and flexible environment," the companies said.

In December, Wave and IBM announced an agreement to "find ways to inexpensively incorporate the WaveMeter into PC products and to support each other in achieving industry-wide adoption of the WaveMeter technology by systems manufacturers."

The first stage of the Aladdin-Wave technology integration provides the Aladdin security shell for the WaveMeter, and the second stage ensures that Aladdin's developer customers are fully compatible with the future installed base of WaveMeters, whether used for security or distribution.

New York-based Wave's agreement with IBM will potentially enable consumers to rent and purchase digital content directly from their desktops using the WaveMeter, and Aladdin's technology will allow developers of that content to secure their intellectual property against unauthorized access, use and piracy.

The WaveMeter measures the usage of software and digital content at the user's site, and enables users to securely try, use, rent and purchase software and other digital content.