Technology >> CEO Interviews >> September 23, 2002
STEVEN SPRAGUE is President and CEO of Wave Systems Corp. Wave
has developed electronic commerce technology that provides rental
and pay-per-use distribution of electronic content through
Internet, CD-ROM and broadband delivery channels. Mr. Sprague was
a Vice President of Wave from 1992 to 1995. In June 1995 he
founded Wave Interactive Network, a specialized consumer
distribution channel of Wave Systems Corp. After successful
development of the channel, Wave Interactive Network was
reacquired by Wave Systems Corp. Wave mobilized its efforts to
focus on marketing its distributed information metering and
transaction service, the Wave System, for use in consumer
entertainment and education applications. Mr. Sprague is the son
of Wave Chairman Peter Sprague, who founded the company in 1988.
He has a BS in Mechanical Engineering from Cornell University. Profile
company and a picture of things as they are at the present time?
Mr. Sprague: Wave Systems was founded with the objective solving
the
