Does the Innsbruck experiment prove nonlocality?

It is demonstrated that the proposed Theory of Elementary Waves\footnote{Lewis E. Little, \textit{The Theory of Elementary Waves}, New Classics Library, Gainesville, GA, 2009.} offers an explanation of the\ famous ``Innsbruck Experiment''\footnote{Gregor Weihs, Thomas Jennewein, et. al., ``Violation of Bell's Inequality under Strict Einstein Locality Conditions,'' Phys. Rev. Lett. \textbf{81}, 5039 (1998).} that is strictly local, thus providing an exception to the frequently drawn conclusion that the experiment definitively proves the existence of nonlocality/entanglement. Arriving at a definite conclusion will require further experimentation.