theglobe.com, Wave Systems: A Penny For Your Thoughts

theglobe.com network said Thursday it
will team with e-commerce provider Wave
Systems Corp.
to provide a free personal publishing commerce service
for digital content distribution on the Web.

theglobe.com will offer Wave’s MyPublish community e-commerce service to its
members for the promotion and selling of digital content such as
personally-created
newsletters, subscriptions, images, audio, video, and software to other
users from their personal Web
sites with theglobe.com network. The commerce service provides
theglobe.com’s members with a channel to merchandise and set their own
prices for intellectual property.

theglobe.com will be responsible for marketing the service to members, as
well as integrating Wave’s MyPublish for digital content publishing,
license management, and sales transaction management within theglobe.com’s
home page building tool. Wave will handle all of the transaction
processing, billing and customer service operations for members. The two
companies will share in a percentage of the revenue generated from each
transaction.

“Wave and theglobe.com have opened the doors for everyone to participate in
this new digital economy by
providing a service that marries e-commerce with a vibrant community of
users,” said Steven Sprague,
president of Wave Systems.

“Enabling individuals on the Web to market and sell intellectual property
within their areas of interest is a very powerful way to use the Internet.
It is a level of utility that until now
has not been realized.”

“This partnership will benefit Internet consumers by enabling Internet
entrepreneurs to sell their
intellectual property instantly from their personal web sites on
theglobe.com without having to incur the
expense or inconvenience of setting up a virtual store,” stated Stephan
Paternot, co-CEO of
theglobe.com.

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