Press Releases for 2014
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December 15, 2014
Wave Systems Elects New Chairman of the Board
Wave Systems Corp. (NASDAQ:WAVX) announced that David Côté has been elected as the company’s newly appointed Chairman of the Board of Directors, effective immediately.
“I am honored to be named Chairman of Wave’s Board of Directors,” said David Côté. “I look forward to assisting the management team in pursuing the company’s growth strategy with the goal of offering meaningful value to both our clients and our shareholders.”
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December 4, 2014
Media Advisory: Wave Systems to Present Cybersecurity Briefing on Protecting Government Agencies in 2015
Wave Systems Corp. (NASDAQ: WAVX) will host a presentation on the current state of cyberattacks and explain how most of the computers in use today already contain the hardware necessary to help protect against intrusions and data breach. John Fitzgerald, North American CTO of Wave Systems Corp., will present a unique demonstration of how the United States can improve its cybersecurity posture for 2015.
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December 1, 2014
Wave Systems Statement on the Passing of Chairman of the Board John E. Bagalay
Wave Systems Corp. (NASDAQ: WAVX) is saddened by the unfortunate passing on Saturday, November 29, of longtime Chairman and member of the company’s Board of Directors, John E. Bagalay, Jr., Ph.D. Mr. Bagalay had been a valued member of the Board since 1993 and Chairman of the Board since 2003. He will be remembered for the many significant contributions he had made to the company over the past 20 years.
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November 18, 2014
Wave Systems Files $15M Shelf Registration Statement
Wave Systems Corp. (NASDAQ: WAVX), an enterprise security software provider, announced today that it has filed a $15 million shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). The registration statement is subject to review by the SEC.
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November 6, 2014
Wave Reports Q3 Net Revenues of $4.3M
Wave Systems Corp. (NASDAQ: WAVX), an enterprise security software provider, today reported third quarter (Q3 ‘14) results for the period ended September 30, 2014. Wave will host a live webcast http://www.wave.com/resource-center/webcasts and conference call (212-231-2902) today at 4:30 p.m. ET to review its Q3 results and progress to date in 2014.
Q3 Financial Highlights
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October 28, 2014
Partner News: Micron Technology, Wave Systems, Lenovo and American Megatrends Inc. Announce Intention to Create New Industry Standard to Meet Heightened Global Security Requirements
Micron Technology, Inc. (Nasdaq:MU), a global leader in advanced semiconductor systems, and Wave Systems Corp. (Nasdaq:WAVX), a leading provider of endpoint security, today announced they intend to expand their collaboration to include Lenovo (HKSE:992) (ADR:LNVGY) and American Megatrends Inc. (AMI). Together, the four companies plan to develop advanced enterprise-class security offerings to address the escalating concerns of governments and multinational businesses.
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October 27, 2014
Wave Systems to Hold Q3 Conference Call Thursday, November 6 at 4:30 p.m. ET
Wave Systems Corp. (NASDAQ: WAVX), an enterprise security software provider focused on authentication and encryption management solutions, announced today it will host a webcast/conference call to review its 2014 third quarter results on Thursday, November 6 at 4:30 p.m. ET.
Wave’s results will be issued after the market closes that day.
Webcast / Replay: https://www.wave.com/resource-center/Webcasts
Call Dial-In #: 212-231-2902
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October 19, 2014
Wave Systems Names Gary Patton as Executive Vice President
Wave Systems Corp. (NASDAQ: WAVX) announced it has appointed retired U.S. Army Major General Gary Patton as the company’s Executive Vice President and Chief of Staff.
Reporting directly to Wave’s President and CEO, Bill Solms, Mr. Patton will be responsible for efficient and effective coordination and synchronization across the entire corporate team, including the implementation and execution of corporate strategic initiatives and policies. -
October 16, 2014
Wave Systems Completes Sale of eSignSystems for $1.2M
Wave Systems Corp. (NASDAQ: WAVX) announced that it has sold eSignSystems – a leader in lifecycle management software for eDelivery, eSignature and eRentention – to California-based DocMagic, Inc., a leading provider of loan and document preparation solutions for the mortgage industry, in an all cash deal for $1.2 million. eSignSystems has been a division of Wave since 2001.
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October 2, 2014
Gartner Positions Wave Systems as Visionary in 2014 Magic Quadrant for Mobile Data Protection
Wave Systems Corp. (NASDAQ: WAVX) announced it has been named a Visionary by leading analyst firm Gartner Inc. in its 2014 Magic Quadrant for Mobile Data Protection (MDP). This achievement marks the third consecutive year that Wave has been recognized as a visionary in the MDP space. Companies in the Magic Quadrant are positioned for completeness of vision and ability to execute.
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October 2, 2014
Wave Systems Announces First U.S. Federal Government Customer for Wave Virtual Smart Card 2.0
Wave Systems Corp. (NASDAQ: WAVX) marked an important sales milestone by announcing the first U.S. federal government customer for its Virtual Smart Card 2.0.
Since the Virtual Smart Card 2.0 became commercially available in late July 2014, Wave has entered into dozens of pilot deployments in multiple sectors, including healthcare, financial services, automotive, energy and utilities. However, today’s announcement marks the product’s first sale in the government sector.
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September 11, 2014
Wave Systems to Present at Craig-Hallum Alpha Select Conference Thursday, September 18
Security software developer, Wave Systems Corp. (NASDAQ: WAVX), will present at the Craig-Hallum Alpha Select Conference in New York at the Convene Conference Center (730 Third Avenue) on Thursday, September 18th at 12:00 pm ET. The presentation by CEO Bill Solms and CFO Walter Shephard will be webcast live and for replay at wave.com/resource-center/Webcasts.
About Craig-Hallum / Alpha Select List (craig-hallum.com)
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August 7, 2014
Wave Reports Q2 Net Revenues of $4.4M
Wave Systems Corp. (NASDAQ: WAVX), an enterprise security software provider, today reported second quarter (Q2 ‘14) results for the period ended June 30, 2014. Wave will host a live webcast http://www.media-server.com/m/p/qtc3ctqk and conference call (415-226-5357 or 212-231-2920) today at 4:30 p.m. ET to review its Q2 results and progress to date in 2014.
Q2 Financial Highlights
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July 31, 2014
Wave and Bell ID Partner to Combat Online Payment Fraud
Wave Systems Corp. (NASDAQ: WAVX) announced it is partnering with chip lifecycle management solutions company, Bell ID, to offer a joint solution aimed at reducing online payment fraud. The solution will be marketed primarily to card issuing banks, as well as online merchants, governments, and enterprises worldwide.
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July 28, 2014
Wave Systems to Hold Q2 Conference Call Thursday, August 7th at 4:30 p.m. ET
Wave Systems Corp. (NASDAQ:WAVX), an enterprise security software provider, announced today it will host a webcast/conference call to review its 2014 second quarter results on Thursday, August 7th at 4:30 p.m. ET. Wave’s results will be issued after the market closes that day.
WEBCAST/REPLAY: http://www.media-server.com/m/p/qtc3ctqk
TELEPHONE: 415-226-5357 or 212-231-2920
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July 22, 2014
Wave Virtual Smart Card 2.0 Protects Organizations With Stronger Security at Lower Cost
Sophisticated hacking techniques have left businesses more vulnerable than ever while rendering traditional authentication methods inadequate to protect them. That’s why Wave Systems Corp. (NASDAQ: WAVX) today unveiled a new kind of virtual smart card that offers stronger authentication at significantly less cost than traditional second-factor authentication options.
A live webcast of the launch is available on wave.com at 2 p.m. EDT today.
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July 2, 2014
Wave to Release Second-Generation Virtual Smart Card Management Solution on July 22nd
Wave Systems Corp. (NASDAQ: WAVX) today announced the coming release of Wave Virtual Smart Card 2.0, the only enterprise-grade, comprehensive lifecycle management solution for virtual smart cards on devices running Windows 7. It also provides a superior solution for devices running virtual smart cards on both the Windows 8 and 8.1 operating systems. Details of the online launch event on July 22 will be posted on wave.com as they become available.
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June 17, 2014
Wave Systems Completes $9.9 Million Stock Offering at $1.90 per Share
Wave Systems Corp. (NASDAQ:WAVX) today announced the closing of its previously announced $9.9 million placement of common stock and warrants to a group of institutional investors. With the placement’s completion, Wave’s At-The-Market (ATM) share issuance program has effectively ended.
Wave’s equity placement consisted of 5,225,560 shares of common stock priced $1.90 per share. Investors in the placement also received warrants to purchase up to 2,090,224 shares of Wave common stock for $1.90 per share. Gross offering proceeds were $9,928,564.
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June 12, 2014
Wave to Complete $9.9 Million Stock Offering
Wave Systems Corp. (NASDAQ:WAVX) today announced that it is selling to investors 5,225,560 shares of its common stock at a price of $1.90 per share. Investors in the offering will also receive five-year warrants to purchase an aggregate of 2,090,224 shares of Wave’s Class A common stock for $1.90 per share. The offering is expected to close on or about June 17, 2014, subject to the satisfaction of customary closing conditions.
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May 13, 2014
SanDisk Introduces Security-Certified Self-Encrypting Solid State Drive for Corporate Environments
SanDisk Corporation (NASDAQ: http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Finvestor...
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May 13, 2014
Wave Unveils Management for the SanDisk X300s Solid-State Drive With Encryption to Secure Enterprise Data
Wave Systems Corp. (NASDAQ: WAVX) announced today that its management software has been validated for use with SanDisk's new self-encrypting solid state drive (SSD) for corporate environments, the SanDisk X300s SSD.
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May 13, 2014
SanDisk Unveils Third-Party Ecosystem of Enterprise Security Software Providers to Support SanDisk X300s SSD™ Deployments
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May 12, 2014
Partner News: WidePoint Collaborates with Wave to Secure Digital Certificates Within Hardware for Today’s Increasingly Mobile Workforce
WidePoint Corporation (NYSE Mkt: WYY), a leading provider of secure, cloud-based, enterprise-wide Managed Mobility Services (MMS) featuring Cybersecurity and Telecommunications Lifecycle Management (TLM) solutions, and Wave Systems Corp. (NASDAQ: WAVX), the leading company for managing Trusted Platform Modules (TPMs), today announced a collaboration that will enable WidePoint to secure digital certificates within a TPM on customer devices. The solution strongly binds certificates to an identity and protects the certificate private key within a TPM hardware module.
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May 8, 2014
Wave Reduces Q1 Net Loss on Revenue of $5.3M
Wave Systems Corp. (NASDAQ: WAVX), an enterprise security software provider, today reported first quarter (Q1 ‘14) results for the period ended March 31, 2014. Wave will host a live webcast http://www.media-server.com/m/p/cz93i98z and conference call (415-226-5357 or 212-231-2930) today at 4:30 p.m. ET to review its Q1 results and progress to date in 2014.
Q1 Financial Highlights
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April 29, 2014
Wave to Hold Q1 Conference Call Thursday, May 8th at 4:30 p.m. ET
Wave Systems Corp. (NASDAQ: WAVX) announced today it will host a webcast/conference call to review its 2014 first quarter results on Thursday May 8th at 4:30 p.m. ET. Wave's results will be issued after the market closes that day.
WEBCAST/REPLAY: http://www.media-server.com/m/p/cz93i98z
TELEPHONE: 415-226-5357 or 212-231-2930