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Wave news archive at http://www.wave.com
Wave Systems Corp.
480 Pleasant Street
Lee, MA 01238
tel: 413-243-1600
fax: 413-243-0045
ssprague@wavesys.com



Q1 ~ 5/10
Q2 ~ 8/8
Q3 ~ 11/8
Q4 ~ 3/15

Resume; Peter Sprague (b.1950)
    Title: Chairman and CEO of Wave Systems Corp.
    Education: He received a bachelor's degree in political science from Yale in 1961. He also studied political science at MIT and economics at Columbia University.
    Career: He began working as a UPI photographer and correspondent in Moscow in the early 1960s. Established the biggest chicken farm in Iran. Has also served as a hands-on chairman or director of a variety of businesses, including National Semiconductor, Advent Corp., Aston Martin PLC, Caesar's Palace, and a chain of home-furnishing stores. Produced the 1974 movie, "Steppenwolf."
    R&R: He enjoys skiing, scuba diving, and flying.
    (IHub #64468, 1/10/05)

The story goes that Peter Sprague, while the head of National Semiconductor (a job he held for some 30 years, and took them from the pink sheets to a multi-billion dollar global company), came up with the idea for a digital meter. He reasoned that digital bits were like electricity in the beginning; i.e. they could get it to your house, but didn't know how to charge for it. He thought the idea so revolutionary, that he patented the idea outside of NSM, and formed a company around it. The premise was that somehow OEM's would include the meter chip in every computer, and Wave would get a small piece of every transaction that washed across it.
    (IHub, #39194, 4/27/04)
See Feb 15, 2006, for an extensive interview with SS regarding WAVX’s “current” situation.

1988        Aug 12, Wave was incorporated in Delaware under the name Indata Corp. The name was changed to Cryptologics International, Inc. on December 4, 1989. We changed our name again to Wave Systems Corp. on January 22, 1993.
    (IHub #150,917, 9/1/07)

1988        Wave Systems began developing interoperable trusted technologies combining security  features for hardware and software. Peter Sprague founded Wave Systems.
    (http://www.wave.com)(IHub, #23768, 12/21/03)

1990        Victor Shear founded InterTrust.
    (IHub, #21309, 11/30/03)

1994        Jan, The Board of Directors authorized Wave to amend and restate Wave’s Certificate of Incorporation to reflect the authorization of 25,000,000 shares of a newly created Class A Common Stock, which stock has voting rights of one vote per share, and the reclassification of the then current outstanding shares of Common Stock into Class B Common Stock.
    (IHub #123,800, 6/17/06)

1994        Jun, The Board of Directors authorized that the Class B Common stock will have one vote per share, except that Class B Common Stock will have five votes per share in cases where one or more directors are nominated for election by persons other than Wave’s Board of Directors and where there is a vote on any merger, consolidation or other similar transaction, which is not recommended by Wave’s Board of Directors. In addition, the Class B Common Stock will have five votes per share on all matters submitted to a vote of the stockholders in the event that any person or group of persons acquires beneficial ownership of 20% or more of the outstanding voting securities of Wave. The Class B Common Stock is convertible into shares of Class A Common Stock at any time. The classes of Common Stock are alike in all other respects.
    (IHub #123,800, 6/17/06)

1994        Aug 31, The original prospectus from the WAVX IPO was posted. The prospectus states there is no public market for WAVX Class A Common Stock prior to the IPO offering of 3,600,000 shares.
    (IHub, #22477, 12/10/03)

1997        Aug 26, Nasdaq Stock Market, Inc. advised Wave that it no longer meets the Nasdaq Stock Market, Inc.'s listing requirements with respect to net tangible assets.
    (www.wave.com)
1997        Oct 2, Nasdaq granted Wave a listing on The Nasdaq SmallCap Market following Wave's September 11th hearing before a Nasdaq Listing Qualifications Panel.
    (www.wave.com)
1997        Dec 18, Wave Systems Corp announced an agreement with IBM Corporation to find ways to inexpensively incorporate Wave Systems' WaveMeter® chip into PC products.
    (www.wave.com)

1998        Jun 11, Aladdin exercised a warrant to purchase 1,000,000 registered shares of Wave Systems Corp. Class A Common Stock, yielding gross proceeds of $2,550,000 to Wave.
    (www.wave.com)
1998        Jun 15, Wave announced an agreement with Interactive Magic, a leading developer and publisher of interactive strategy and simulation games, to distribute Interactive Magic's software titles through Wave's innovative WaveSystem.
    (www.wave.com)
1998        Jun 15, announced that Gerard T. Feeney has been named Senior Vice President, Finance and Administration and Chief Financial Officer. Mr. Feeney has a proven track record of establishing and improving financial, accounting and operating controls and procedures in start-up, turnaround and high-growth situations. In his roles he has also been responsible for securing corporate funding, establishing Wall Street analyst relationships and the successful completion of numerous acquisitions.  Prior to joining Wave, Mr. Feeney served as Vice President, Finance and CFO at Xionics Document Technologies Inc. (Nasdaq: XION), a leading developer of innovative silicon and software for printing, scanning, copying, processing and transmitting documents to computer peripherals. Among his many accomplishments during his tenure between 1991 and 1998 was the successful completion of the company's $36 million initial public offering in 1996. From 1986 to 1991, Mr. Feeney served as CFO of IMG, Inc., a privately-held developer of software and computer-aided machinery. From 1984 to 1986, Mr. Feeney was Corporate Controller at Wolfdata, Inc., a manufacturer and OEM supplier of computer modems, and from 1980 to 1984 Mr. Feeney began his career with a start-up division of Analog Devices, Inc.'s (NYSE: ADI) semiconductor group. Mr. Feeney holds a Bachelor of Science degree in Accounting, Computer Science and Operations Management from Boston College.
    (http://www.wave.com/news/press_archive/98/980615feeney.html)

1999        May, Wavexpress, Inc., a joint venture formed by Wave Systems Corp. and Sarnoff Corporation, was founded to develop secure distribution channels for IP content over broadband networks.
    (www.wavexpress.com)
1999        May, Relisting.
    (JV, IHub, 11/29/03)
1999        Jul, Ibrahim (aka "Tony") Elgindy & his infamous horde at Anthony@Pacific were apparently clued in to WAVX by a trader who bounced around here for many years.
It also seems that "Tony" was privy to an early release of a very negative piece on Wave in Barrons (7/99). Tom Claugus, a hedge fund shortseller, proclaimed in Barrons that essentially WAVX was the junkiest of all dot.bomb junk stocks & these A@P minions seemed to know about a few days ahead of publication.
    (IHub, #39610, 4/30/04)
1999        Aug 28, Wave Systems, a provider of e-commerce, content distribution and security services, LEGO Media International, and Europe Online Networks (EON) today announced an agreement that provides for the secure broadcast delivery of LEGO Media’s software using EON’s open-standard, mass-consumer broadband network and the Wave E-commerce system. The software is received on the KiSS Nordic DVB receiver card and then rented or purchased by the end user on the WaveDirect E-commerce System. By delivering on Wave’s goal of for mass distribution of its technology and services, this software distribution system provides a revolutionary new way for consumers to receive, use and purchase leading software titles.
    (IHub #101818, 11/18/05)
1999        Nov 23, Intel patent # 5,991,399. Method for securely distributing a conditional use private key to a trusted entity on a remote system.
    (IHub, #20489, 11/24/03)
1999        Dec 13, Article on Wavoids: Danny Hakim, Smartmoney.com. "Steven K. Sprague, the 36-year-old president and chief operating officer of Wave Systems..."
    (IHub, #28868, 2/6/04)
1999        Compaq, Hewlett-Packard, IBM, Intel and Microsoft established the Trusted Computing Platform Alliance (TCPA) in an effort to define and promote the goal of trustworthy computing.
    (http://www.unclever.com/wavx/DD.htm)

2000        Feb 2, Wave Systems to Receive $5.8 Million Related to Acquisition of Joint Venture Partner.
    (IHub #68211, 2/4/05)
2000        Feb 10, WaveExpress Appoints Clifford A. Jenks Chief Executive Officer.
    (IHub #68211, 2/4/05)
2000        Feb 16, Wave Systems Continues U.S. Momentum In Europe By Showcasing Digital Content Distribution and E-Commerce Technology With GlobalWave at Milia 2000.
    (IHub #68211, 2/4/05)
2000        Feb 17, Wave's EMBASSY Technology Demonstrated in Compaq Smart-Card Readers at Windows 2000 Launch.
    (IHub #68211, 2/4/05)
2000        Feb 22, Wave Systems Reports 4th Quarter, Year-End Results and Recent Progress.
    (IHub #68211, 2/4/05)
2000        Feb 22, Growing Number of On-Line Users Turn Digital Content Into Cash Using MyPublish From Wave Systems.
    (IHub #68211, 2/4/05)
2000        Mar 2, Wave Systems to Complete $122 Million Private Placement.
    (IHub #68211, 2/4/05)
2000        Mar 8, InterTrust, Wave Systems to Integrate InterTrust DRM.
    (IHub #68211, 2/4/05)
2000        Mar 9, Wave Systems Completes $122 Million Private Placement.
    (IHub #68211, 2/4/05)
2000        Mar 13, Wave Systems 4Q99 quarterly conference  call.
    (IHub, #32900, 3/9/04)   
2000        Mar 21, Intel patent # 6,041,122. Method and apparatus for hiding cryptographic keys utilizing autocorrelation timing encoding and computation.
    (IHub, #20489, 11/24/03)
2000        Mar 24, Steven Sprague Named Wave Systems CEO.
    (IHub #68211, 2/4/05)
2000        Mar 27, AMD and Wave Systems to Enable Advanced Security Features for Commercial and Consumer Computing.
    (IHub #68211, 2/4/05)
2000        Mar 30, Capitol Broadcasting Unit, DTV Plus & Wavexpress Form Strategic Partnership to Explore & Deliver Broadcast E-commerce. Wave Systems Names Mark Hubbard Executive Vice President of Worldwide Networks & Services.
    (IHub #68211, 2/4/05)
2000        Mar, WAVX shares reached $18.
    (IHUB, #31565, 2/24/04)
2000        Apr 5, Sinclair Broadcast Group to Test Wavexpress Datacasting Technology for E-Commerce Over Digital Television Spectrum.
    (IHub #68211, 2/4/05)
2000        Apr 7, Hauppauge Digital DTV Receivers Used to Support Wavexpress' Broadcast E-Commerce Solution.
    (IHub #68211, 2/4/05)
2000        Apr 10, Wave Systems' Technology To Be Demonstrated Across Multiple Venues At National Association Of Broadcasters Tradeshow. WaveExpress to demo latest service at NAB:  April 10 – 13. Pinnacle Systems' High Definition Digital Receiver to Support Wavexpress' Broadcast E-Commerce Solution. Philips and Wave to Demonstrate MPEG4-Based Streaming Media Solutions at NAB 2000. Wavexpress' Broadcast E-Commerce Solution Demonstrated With Panasonic's Prototype PCDTV Card at NAB.
    (IHub #68211, 2/4/05)
2000        Apr 12, Wavexpress, Inc. Announces Strategic Alliance with Santa Barbara Software to Develop Cutting Edge Datacasting Application.
    (IHub #68211, 2/4/05)
2000        Apr 18, Wave Systems and Cyber-COMM Partnership FAQs. Wave Systems and Cyber-COMM Announce Extended Partnership at Paris Conference on Secure e-Commerce.
    (IHub #68211, 2/4/05)
2000        Apr 19, Philips and Wave Systems Awarded Television Broadcast Magazine's Editors' Pick of Show Award at NAB for MPEG4-based Streaming Media Demonstration.
    (IHub #68211, 2/4/05)
2000        May 2, EMBASSY tm Enabled Devices to Deploy This Year - Hitachi Europe and Wave Systems Announce Alliance to Develop Secure Smart Commerce Solutions. Hitachi Europe Limited, Wave Systems Corp. (WAVX) and GlobalWave PLC today announced a multi-million dollar deal which will see the three companies work together to further develop and manage e-commerce solutions.
    (IHub #68211, 2/4/05)(Ihub #219,153, 12/14/11)
2000        May 4, Wave President and CEO, Steven Sprague, invited to present before JP Morgan Electronic Commerce and IT Services "Life Along the Digital High Tollway" Institutional Investor Conference Naples, FL. May 17-19.
    (IHub #68211, 2/4/05)
2000        May 9, Webcast and Conference Call with Wave Systems' management to review the Company's first quarter results and recent progress.
    (IHub #68211, 2/4/05)
2000        May 10, Wave Systems Launches Its ENVOY.
    (IHub #68211, 2/4/05)
2000        May 11, Wave Systems Reports Q1 Results and Continued Progress. Hauppauge Digital, Inc. to Support Wave Systems' ENVOY. Wave Systems Signs Havas Interactive Distribution Agreement.
    (IHub #68211, 2/4/05)
2000        May 15, KiSS Nordic to Bundle Wave Systems' USB Smart Card Readers in its Line of Multimedia PC Products Starting This Fall.
    (IHub #68211, 2/4/05)
2000        Jun 9, Wavexpress, a new technology company providing e-commerce and data broadcasting services to digital TV broadcasters, content providers and consumers, today announced the appointment of Andy Lippman, Associate Director and Senior Research Scientist at the Massachusetts Institute of Technology's Media Laboratory, to its Board of Directors.
    (IHub, #26272, 1/14/04)
2000        Jun 18, A NY Times article on WAVX by Danny Hakin appeared: "Few Wavoids were as zealous as Doug McCoy, who compiled a 600-page compendium of board postings and e-mail messages, called WAVX 101, for fledgling investors. After the shareholder meeting, the McCoys, more convinced than ever about the company's prospects, began to invest on margin, using money borrowed from their broker, Web Street Securities, to increase their position. By  the end of March, such purchases accounted for about a third of their positions..."
    (IHUB, #31360, 2/23/04)
2000        Jun 27, GlobalWave Expansion Paves the Way for European Deployment Of Wave Systems Technology.
    (IHub #68211, 2/4/05)
2000        Jul 6, Wavexpress and Clear Channel to Deliver Innovative Broadcast-to-PC Service.
    (IHub #68211, 2/4/05)
2000        Jul 7, Wavexpress Names Michael Wilbur CFO.
    (IHub #68211, 2/4/05)
2000        Jul 25, The New York Times Neediest Cases Fund and Wave Systems Announce Agreement.
    (IHub #68211, 2/4/05)
2000        Aug 8, Webcast and Conference Call with Wave Systems' management to review the Company's second quarter results and recent progress. August 10, 2000 @ 4:30pm EDT.
    (IHub #68211, 2/4/05)
2000        Aug 10, Wave Systems Q2 Results and Progress Report.
    (IHub #68211, 2/4/05)
2000        Aug 16, The Trusted Client: AMD and Wave Mother Board Reference Design.
    (http://www.wave.com/technology/AMDWaveTrustedClient.pdf)
2000        Aug 22, Wave Systems Corp. today announced a strategic new security architectural model for creating multi-party trust in user devices. Trust @ the Edge specifies the integration of strong security in every user device, a major breakthrough in the challenge of creating trusted and private digital relationships while enabling reliable electronic exchange and commerce over the Internet.
    (IHub, #34591, 3/20/04)
2000        Aug 22, National Semiconductor to Develop Security Co-Processor to Support New Trusted Computing Platform Alliance Standard Using Wave Systems' Technology.
    (IHub #68211, 2/4/05)
2000        Aug 22, CNBC Dow Jones Interview with Wave Systems' CEO Steven Sprague on Future of Company's Growth.
    (IHub #68211, 2/4/05)
2000        Aug 30, Interpoint to Supply EMBASSY multi-chip modules for secure e-commerce transactions.
    (IHub #68211, 2/4/05)
2000        Sep 6, Wave Systems Acquires Indigo Networks.
    (IHub #68211, 2/4/05)
2000        Sep 8, Philips Digital Networks, a leading MPEG-4 multimedia solutions provider, and Wave Systems Corp., a leading developer of technology platforms and services that enable next-generation e-commerce, will provide a joint demonstration of streaming media e-Commerce solutions in a secure environment based on MPEG4 as an open standard.
    (IHub, #38688, 4/22/04)
2000        Sep 8, Wavexpress & Wave Systems Featured in BusinessWeek Story on Digital Data Casting.
    (IHub #68211, 2/4/05)
2000        Sep 8, Wavexpress, a new technology company providing broadcast commerce for terrestrial, cable and satellite broadcasters, today announced they are working with Microsoft Corp. to develop advanced digital television software solutions for the PC industry. Wavexpress will provide a live demonstration at the International Broadcasting Convention 2000. The demonstration will couple the Wavexpress datacasting application with Microsoft TV Technologies, yielding a fully integrated end-to-end solution for delivering interactive content and commerce to consumers. The Microsoft TV Technologies is part of the extensive television support being provided in future versions of Microsoft Windows.
    (IHub, #38452, 4/20/04)
2000        Sep 11, Wavexpress & Benedek Broadcasting Announce Digital Television Agreement.
    (IHub #68211, 2/4/05)
2000        Sep 13, Wavexpress to be a Primary and Preferred Datacasting and Secure E-Commerce Broadcast Provider in BIZ SSP Suite.
    (IHub #68211, 2/4/05)
2000        Sep 15, Michael Seedman Appointed to Wave Systems' Board.
    (IHub #68211, 2/4/05)
2000        Sep 28, Steven Sprague talks with On24.com about Wave's Role in Smart Card.
    (IHub #68211, 2/4/05)
2000        Oct 3, Wave to Receive $10 Million from BIZ Interactive Zone to Deliver EMBASSY Technology.
    (IHub #68211, 2/4/05)
2000        Oct 10, Wave Systems to Present at AEA Classic Nov. 6 & 7.
    (IHub #68211, 2/4/05)
2000        Oct 11, OneName and Wave to Deliver New Solutions for User Managed Privacy on the Internet.
    (IHub #68211, 2/4/05)
2000        Oct 24, Wave Patent # 6,138,239. "A method and system for secure transactions. The method and system comprise a security co-processor and an interface for interfacing the security co-processor to a host computer system." This may cover Microsoft's NGSCB architecture in its entirety
    (IHub, #21260, 11/30/03)
2000        Oct 24, Wave Systems & Cyber-COMM to Demonstrate Secure Consumer Commerce Solutions at Cartes 2000.
    (IHub #68211, 2/4/05)
2000        Nov 1, Wave Systems to Host Q3 Webcast / Conference Call November 8TH, 2000.
    (IHub #68211, 2/4/05)
2000        Nov 9, Wave Systems to Unveil World's First Open, Programmable Trusted Client Platform at Fall COMDEX.
    (IHub #68211, 2/4/05)
2000        Nov 13, Wave Systems Delivers Portfolio of Trusted Client Technologies and Services to BIZ and EDS Alliance. AMD and Wave Systems Demonstrate Trusted Client Computer Solutions For Secure E-Commerce and Services. Wave Systems Showcases Industry-Leading Trusted Client Solutions For Secure E-Commerce.
    (IHub #68211, 2/4/05)
2000        Nov 16, RadioWallStreet and CEOCast interview Steven Sprague from COMDEX.
    (IHub #68211, 2/4/05)
2000        Nov 22, Wave Systems Receives Two New Patents.
    (IHub #68211, 2/4/05)
2000        Nov 30, Wavexpress Incorporates Triveni Digital Technology in DTV Broadcast Pilot. Wavexpress to Demonstrate Microsoft Datacasting Solution at the Western Cable Show.
    (IHub #68211, 2/4/05)
2000        Dec 5, Wave Systems' "CharityWave.com" Provides Secure, Private, and Safe Contribution Service for CIBC World Markets USA Miracle Day.
    (IHub #68211, 2/4/05)
2000        Dec 7, Wavexpress and United Television's San Francisco Station, KBHK, to Launch DigitalBroadcasting eCommerce Service.
    (IHub #68211, 2/4/05)
2000        Dec 19, Wave Systems Corp. and InterTrust Technologies Corporation (ITRU) announced today that they are collaborating to create the industries' premier high-end digital rights management solution, using Wave's EMBASSY® Trusted Client programmable hardware system, as the newest platform in the recently announced InterTrust RightsChip family.
    (IHub, #25184, 1/6/04)
2000        Dec 22, Steven Sprague, Wave Systems President and CEO, interviewed.
    (IHub #68211, 2/4/05)

2001        Jan 9, Wave Systems' CharityWave.com To Provide Secure, Online Donation Capability for washingtonpost.com Users.
    (IHub #68211, 2/4/05)
2001        Jan 22, Wave will present to The Wall Street Analyst Forum in New York on February 12, 2001.
    (IHub #68211, 2/4/05)
2001        Feb 12, Wave Systems and BIZ Interactive Zone Expand Partnership Through Equity Exchange/Investment. GlobalWave Teams Up with Fantastic to Broadcast Digital Media to Europe. First European Data Broadcast Solution Launched; GlobalWave Announces eJay Digital Music Partnership.
    (IHub #68211, 2/4/05)
2001        Feb 20, Wave Systems To Hold Application Developers Forum In April In Conjunction with the RSA Security Conference.
    (IHub #68211, 2/4/05)
2001        Feb 22, - Wavexpress and New Jersy Network (PBS) Demonstrate Secure Digital Television.
    (IHub #68211, 2/4/05)
2001        Feb 26, Wave Systems To Demonstrate Trusted PC Solutions With Silicon Image at Intel Developer Forum.
    (IHub #68211, 2/4/05)
2001        Feb 28, PBS Debuts Another First in Interactive Television; Wavexpress Selected to Provide Digital Broadcasting Platform.
    (IHub #68211, 2/4/05)
2001        Mar 7, Wave Systems to Host Q4/Year-End Webcast/Conference Call Tuesday, March 13th.
    (IHub #68211, 2/4/05)
2001        Mar 9, PBS and Wavexpress Work on Interactive TV - Cable World.
    (IHub #68211, 2/4/05)
2001        Mar 13, Wave Systems Q4 Results and Progress Report.
    (IHub #68211, 2/4/05)
2001        Mar 15, GlobalWave and Hitachi Address Secure E-Commerce and Digital Distribution Opportunities.
    (IHub #68211, 2/4/05)
2001        Mar 19, Wave Systems Selects EDS To Operate Root Key Certificate Authority.
    (IHub #68211, 2/4/05)
2001        Mar 22, Wave Systems Demonstrating EMBASSY® Trusted Client Technology During CeBIT 2001 in Hanover, Germany.
    (IHub #68211, 2/4/05)
2001        Mar 27, Founding members of the Consortium for Efficient Embedded Security (CEES) today held a charter meeting in Burlington, Ma., to initiate the development of universal standards for creating secure, interoperable implementations of highly efficient, highly scalable public key security. By defining standards for deploying the most efficient, scalable embedded security solutions, CEES is meeting the need to support emerging digital infrastructures with new innovations in public key security. The first draft of CEES standards will be based on the NTRU Public Key Cryptosystem (PKCS).
    CEES is a cooperative multi-organizational effort with oversight and contributions from leading companies and academia. Charter members include representatives from Aereous, C-SAM, Diversinet, Intel, MasterCard International, NTRU, Setec, Solid, Sony, Texas Instruments, University of Minnesota, University of Missouri, Macquarie University, and Wave Systems.
    (IHub, #34507, 3/19/04)
2001        Mar 29, Sportal and GlobalWave Demonstrate Genuine Interactive Broadband Sports Channel.
    (IHub #68211, 2/4/05)
2001        Apr 10, Wave Systems Corp. today announced the availability of the EMBASSY Trust System, the industry's first comprehensive trust infrastructure, tools and device components required to create, deploy, and manage Trusted Client hardware devices which are open, shared and programmable. While single function security devices are prevalent today, the breakthrough architecture achieved by the EMBASSY Trust System provides the capability for multiple entities, such as service providers, content owners, and individuals, to share a single device while trusting that their individual interests have each been strongly protected from both local and network sources of attack.
    (IHub #68198, 2/2/05)
2001        Apr 22, Wavexpress Teams with Envivio to Develop Enhanced Content Delivery Tools for Broadcasters.
    (IHub #68211, 2/4/05)
2001        Apr 23, Thomcast & Wavexpress Alliance To Change Broadcasting Revenue Model.
 Wavexpress and Triveni Digital to Integrate TVTonic Solution for Interactive DTV and T-Commerce with Triveni Digital Data Broadcast Architecture. Wavexpress Debuts TVTonic™ Interactive Broadcast Platform at NAB2001.
    (IHub #68211, 2/4/05)
2001        Apr 30, Wave Systems Q1 Webcast/Conference Call on Tuesday, May 8th.
    (IHub #68211, 2/4/05)
2001        May 8, Wave Systems Reports Q1 Results and Recent Developments.
    (IHub #68211, 2/4/05)
2001        Jun 5, SSP Solutions Selects Broadcom Digital Set-top Box Reference Design to Integrate SSP Embassy Technology.
    (IHub #68211, 2/4/05)
2001        Jun 18, Wave and SCM Microsystems Team to Develop Level 5 Smart Card Readers for Global Markets.
    (IHub #68211, 2/4/05)
2001        Jun 18, Tallán, one of the most established, leading-edge applications and systems development firms in the U.S., today announced that it has completed the internationalization development project of the Wave Commerce System for Wave Systems Corp., a leading designer and developer of platforms, infrastructure and services that enable secure digital exchange and commerce via the Internet.
    (www.tallan.com/news/press_releases/2001/2001_06_18.shtml)
2001        Jun 19, Wave Systems Corp., and SCM Microsystems, Inc., announced the two companies have formed a strategic relationship to produce a family of smart card readers designed to address European Level 5 standards for secure pin entry and secure display. Level 5 specifications guarantee a level of online security that is among the highest in the world, enabling secure electronic transaction (SET) protocols and other forms of secure financial services transactions.
    (IHub #111208, 3/2/06)
2001        Jun 25, EDS Successfully Tests SSP Solution Suite Core Technologies. Securealink, Inc. Adds Wave's EMBASSY® Technology to Product Line to Enhance Internet E-Commerce Payment Security.
    (IHub #68211, 2/4/05)
2001        Jun 27, Wave Licenses Sun Microsystems J2ME™ Connected Limited Device Configuration To Create Microprocessor Independent EMBASSY® Technology.
    (IHub #68211, 2/4/05)
2001        Jul 2, Wave Systems Announces Commitment to FINREAD European Secure E-Commerce Terminal Specifications.
    (IHub #68211, 2/4/05)
2001        Jul 11, CPS Europe, a designer and producer of consumer security and telecommunication products, and Wave Systems today announced that Wave's EMBASSY Personal E-commerce Technology is planned to be integrated by CPS Europe into FINREAD-compliant smart card readers manufactured by the Netherlands-based company.
    (IHub #67338, 2/1/05)
2001        Jul 30, Wave Systems Q2 Webcast/Conference Call on Tuesday, August 7th.
    (IHub #68211, 2/4/05)
2001        Aug 6, Wave Systems and MAXIMUS Sign Co-Marketing Agreement to Offer Trust Solutions to Government Agencies.
    (IHub #68211, 2/4/05)
2001        Aug 7, Wave Systems Reports Q2 Results and Recent Developments.
    (IHub #68211, 2/4/05)
2001        Sep 11, EDS Chairman Richard Brown's Statement on Wave Systems Corp. Briefing on Internet Security. SiliconValley.com story features Wave Systems technology solution. The Hart Research Presentation. Top Line Summary of Consumer Survey Results.  Hart Poll Finds 72% of PC Owners Would Purchase a More Secure Computer If Available.
    (IHub #68211, 2/4/05)
2001        Sep 12, London Coverage of FINREAD and Wave Systems published in Banking Technology.
    (IHub #68211, 2/4/05)
2001        Sep 13, The New York Times Neediest Cases Fund features Link to CharityWave.com raising contributions for victims of World Trade Center catastrophe.
    (IHub #68211, 2/4/05)
2001        Sep 14, CharityWave and Wave Systems Recognized in the Publication iMarketing News Daily.
    (IHub #68211, 2/4/05)
2001        Sep 24, Wall Street Reporter Interview with Steven Sprague, President and Chief Executive Officer of Wave Systems.
    (IHub #68211, 2/4/05)
2001        Oct 12, Wave Systems Sees EU Market As Key Opportunity For Deployment of Secure E-Commerce and E-Government Solutions.
    (IHub #68211, 2/4/05)
2001        Oct 16, Wave Systems Adds Digital Signing Capabilities To Address Emerging Market Opportunities in Europe and North America.
    (IHub #68211, 2/4/05)
2001        Oct 17, Wave Systems to Demonstrate FINREAD Capabilities at e-Europe Booth at Cartes Expo in Paris Oct. 23-25.
    (IHub #68211, 2/4/05)
2001        Oct 22, SSP Solutions, Inc., providing solutions and services that secure access control and real-time movement of financial transactions and other valued digital content, today announced Secure PC, an 'out of the box' secure computer integrated and delivered as a working client to the user. Secure PC specifically supplements the product offerings of Pulsar Data, a wholly-owned subsidiary of SSP Solutions and a provider of enterprise level hardware, peripherals and software solutions designed for complex networking and security situations. "Wave is pleased that SSP Solutions and Pulsar have selected the EMBASSY technology as a key component of the Secure PC," commented Steven Sprague, President and CEO, Wave Systems.
    (IHub #67286, 2/1/05)      
2001        Oct 22, Wavexpress TVTonic Application Nominated for Two Bandies 2001 Awards.
Pulsar Data Launches Secure PC For Government Market.
    (IHub #68211, 2/4/05)
2001        Oct 24, Wave Holds Successful Media Briefing For Key European Reporters At Cartes Expo.
    (IHub #68211, 2/4/05)
2001        Oct 29, Nagravision, Wave Systems and Wavexpress Address Secure IP Content Distribution for Cable Operators.
    (IHub #68211, 2/4/05)
2001        Nov 6, Wave Systems Q3 Webcast/Conference Call on Tuesday, November 13.
    (IHub #68211, 2/4/05)
2001        Nov 7, Wave To Demonstrate Trusted Personal Computer Concept at COMDEX Fall 2001, Nov. 12-16, Las Vegas Convention Center.
    (IHub #68211, 2/4/05)
2001        Nov 8, Wave Systems and Samsung Announce Partnership to Manufacture and Market Next Generation Secure PC Keyboards.
    (IHub #68211, 2/4/05)
2001        Nov 13, ZDNet Tech Update - Business & Technology Today opinion article - "Evolution comes to security." Wave Systems Reports Q3 Results and Recent Developments.
ZDNet Tech Update, Business & Technology Today article: "Wave Systems puts private keys out of reach."
    (IHub #68211, 2/4/05)
2001        Nov 19, CBS.Marketwatch.com - The Stockpickers article "A Positive Investment Environment" picks WAVX.
    (IHub #68211, 2/4/05)
2001        Nov 28, Wavexpress Selects Kencast's Fazzt® Broadcasting Software to Deliver Content for Cable Multicast Service.
    (IHub #68211, 2/4/05)
2001        Dec 6, French trade publication 01 Reseaux mentions Wave Systems and EMBASSY®.
    (IHub #68211, 2/4/05)
2001        Dec 10, CharityWave and Wave Systems mentioned in Baltimore Sun article.
    (IHub #68211, 2/4/05)

2002        Jan 10, EDS to Host, Deploy and Manage the SSP Trust Assurance Network.
    (IHub #68211, 2/4/05)
2002        Jan 17, Media Alert: Trustworthy Computing Products and Expert Sources Now Available.
    (IHub #68211, 2/4/05)
2002        Feb 12, Wave Introduces Trusted Computing Developers Tool, The EMBASSY® Cryptographic Service.
    (IHub #68211, 2/4/05)
2002        Feb 19, Carnegie Mellon to Host Security Workshop on Vulnerable State Networks and Databases.
    (IHub #68211, 2/4/05)
2002        Feb 20, Wavexpress Names Brian Hickey President. TrustID® Digital Certificates Now Provide Real-Time Authentication And Access From Any Web.
    (IHub #68211, 2/4/05)
2002        Feb 27, Wave Systems to Host Q4/Year-End Webcast/Conference Call on Thursday, March 7.
    (IHub #68211, 2/4/05)
2002        Mar 7, Wave Systems Reports Q4 and Year-End Results and Recent Corporate Developments.
    (IHub #68211, 2/4/05)
2002        Mar 8, Samsung and Wave Systems to Demonstrate Secure Personal Computing Capabilities at CeBIT 2002.
    (IHub #68211, 2/4/05)
2002        Mar 11, Wave Showcases New Digital Signing and Storage Capabilities at National Technology in Mortgage.
    (IHub #68211, 2/4/05)
2002        Mar 12, Wave Systems mentioned in CBS MarketWatch Europe Tech Report for CeBIT. Wave Systems To Demonstrate Secure E-Commerce and Services Capabilities at CeBIT 2002
    (IHub #68211, 2/4/05)
2002        Mar 14, NEC Computers International and Wave Systems to Demonstrate Secure Home Computing Capabilities.
    (IHub #68211, 2/4/05)
2002        Apr 4, - EMBASSY® platform highlighted in CardWorld International Journal article on PC Security Standards. Wave Systems mentioned in Wired.com business news article "Signs of 'Trustworthy Computing.'"
    (IHub #68211, 2/4/05)
2002        Apr 9, Wave Systems Mentioned in Salon.com Business and Technology Article "Anti-Trustworthy computing."
    (IHub #68211, 2/4/05)
2002        Apr 17, EMBASSY® Trusted Client System Supports Broad Range of Web Services Supporting Windows XP.
    (IHub #68211, 2/4/05)
2002        Apr 19, Wave Systems and France's Caisse d'Epargne National Savings Bank to Demonstrate Secure.
    (IHub #68211, 2/4/05)
2002        Apr 22, CEOcast.com features Wave Systems in Recent Newsletter. Wave Systems to Demonstrate Broad Range of Secure Internet Services at the Card Tech Secure Tech.
    (IHub #68211, 2/4/05)
2002        Apr 23, Wave Systems Joins Prestigious EUROSMART Smart Card Association.
    (IHub #68211, 2/4/05)
2002        Apr 30, Wave Systems Mentioned in EETimes Article "Group forms to plug holes in PC security.
    (IHub #68211, 2/4/05)
2002        May 3, Wave Systems To Host Webcast/Conference Call on Tuesday, May 14.
    (IHub #68211, 2/4/05)
2002        May 14, Wave Systems Reports Q1 Results and Recent Developments.
    (IHub #68211, 2/4/05)
2002        May 29, ISTPA Releases a Framework to Protect Privacy, Joins with Carnegie Mellon Experts. Wave Systems Mentioned in ZDNet News Article "Liberty Alliance gains ground." Liberty Alliance Project Adds New Members, Expands Potential for Not-For-Profit, Government Involvement.
    (IHub #68211, 2/4/05)
2002        Jun 4, Intel patent # 6,401,208. "Method for BIOS authentication prior to BIOS execution."
    (IHub, #20489, 11/24/03)
2002        Jun 20, Nagravision, the digital TV and broadband Internet division of the Kudelski Group, and Wavexpress, the broadband technology company backed by Wave Systems, today announced that they are teaming up to market content protection and conditional access solutions for broadband networks.
    (IHub #68211, 2/4/05)(IHub #94299, 9/9/05)
2002        Jun 21, News-Press & Gazette and USA Media Test Wavexpress IP Multicast Service.
    (IHub #68211, 2/4/05)
2002        Jun 23, Leak on Palladium. The Microsoft infrastructure formerly known as Palladium and in 2003 called by the awkward acronym NGSCB (pronounced "ing-scub," short for Next-Generation Secure Computing Base).
    (IHub, #21292, 11/30/03)(IHub #20416, 11/24/03)
2002        Jun 24, Wave Systems share holders meeting.
    (IHub, #21292, 11/30/03)
2002        Jun 26, Palladium is the code name for a set of features in an upcoming version of Windows. It is a new breed of hardware with new capabilities in the operating system, and over time new applications and services... it will provide some very significant things in the way of security, personal privacy, and system integrity.
    (IHub, #21307, 11/30/03)
2002        Jun 27, Steven Sprague Joins Digital ID World Industry Advisory Board.
    (IHub #68211, 2/4/05)
2002        Jul 23, Wave Systems to Host Webcast/Conference Call on Thursday, August 8th.
    (IHub #68211, 2/4/05)
2002        Jul 24, XNS Public Trust Organization Announces v1.0 Specifications with Wave Systems as a Founding Sponsor.
    (IHub #68211, 2/4/05)
2002        Jul 29, Wave Systems to Present at Adams, Harkness & Hill’s Annual Summer Investment Seminar.
    (IHub #68211, 2/4/05)
2002        Aug 6, Wavexpress Cable Trials Enter Second Phase.
    (IHub #68211, 2/4/05)
2002        Aug 8, Wave Systems 2Q02 quarterly conference  call.
    (IHub, #22493, 12/11/03)
2002        Aug 19, Tarari, a start-up chip company that was spun out of semiconductor giant Intel, announced that it has received $13 million in its first round of venture funding. The San Diego company is developing so-called content processors, which are designed to speed up specific network-based software applications. The chips will help speed up software such as anti-viral programs that can dramatically slow down a corporate network.
    (IHub, #21363, 11/30/03)
2002        Sep 19, LogicEase Solutions To Use Wave Systems' Digital Signing and Storage Capabilities In Mortgage Legal.
    (IHub #68211, 2/4/05)
2002        Oct 9, Wave Systems Introduces TrustEdge® Product Line for Trusted, Secure Input Devices and Services.
    (IHub #68211, 2/4/05)
2002        Oct 14, Wave Seen As Important Industry Player at Digital ID World Conference.
    (IHub #68211, 2/4/05)
2002        Oct 16, DocuTech Corporation And Wave Systems Join Forces.
    (IHub #68211, 2/4/05)
2002        Oct 29, Wave Systems and Trusted Logic Successfully Implement FINREAD Software Specification In EMBASSY®.
    (IHub #68211, 2/4/05)
2002        Nov 5, Wave Systems and Atos Origin Demonstrating Convenient E-Purse Application For "Cashless" Transactions. Bloomberg.com features NEC / Wave Systems coverage. NEC Computers International and Wave Systems Launching World's First Secure Home PC Solution.
    (IHub #68211, 2/4/05)
2002        Nov 7, Wave Systems to Host Q3 Webcast/Conference Call on November 12th.
    (IHub #68211, 2/4/05)
2002        Nov 8, PDFZone.com story on the benefits of Trusted Computing. EETimes mentions Wave Systems in Smart-card chip story.
    (IHub #68211, 2/4/05)
2002        Nov 12, Wave Systems 3Q02 quarterly conference  call. Significant European Media Coverage of Wave/Atos E-Purse.
    (IHub, #22493, 12/11/03)(IHub #68211, 2/4/05)
2002        Nov 15, Dow Jones Coverage of TVTonic Launch. Wavexpress Launches TVTonic: Revolutionary Online Media Service.
    (IHub #68211, 2/4/05)
2002        Nov 18, Wave Systems, a developer of hardware solutions and services for secure and trusted Internet commerce, announced a complete suite of secure EMBASSY™ services for National Semiconductor’s TCPA compliant SafeKeeper™ technology used in its PC21100 trusted platform module (TPM) and software stack. Wave’s solution, when combined with National’s SafeKeeper technology, provides servers, and desktop PC and mobile PC platforms, with a suite of secure services. This suite of services adds value and new revenue opportunities, through the sale of the suite of service solutions, to the PC platform, while providing enhanced security and privacy options for consumers.
    (IHub, #22302, 12/8/03)
2002        Nov 18, Dow Jones Coverage of Wave/Infineon TPM.
    (IHub #68211, 2/4/05)
2002        Nov 20, Wavexpress and Golfspan.com Launch New Broadband Channel: Golfspan, Expert Video Instruction.
    (IHub #68211, 2/4/05)
2002        Nov 21, CEDMagazine.com coverage of TVTonic/Golfspan launch. USA Today places TVTonic on its Shareware Shelf.
    (IHub #68211, 2/4/05)
2002        Dec 5, Wavexpress and Videofashion Network Launch New Broadband Channel: Programming Devoted to Fashion.
    (IHub #68211, 2/4/05)
2002        Dec 18, Wave Systems Mentioned in Broker Magazine Story "Drowning in Docs."
    (IHub #68211, 2/4/05)
2002        Dec 19, Wavexpress Launches Broadband News Video Channel Featuring Associated Press Content.
    (IHub #68211, 2/4/05)

2003        Jan 9, Wavexpress Featured in CableWorld Story "DIGITAL PIPELINE: Breaking the Waves."
    (IHub #68211, 2/4/05)
2003        Jan 30, DocuTech Corporation, and Wave Systems Corp. today announced the formation of the eMortgage Alliance, an official collaboration of industry-leading companies working together to deliver a completely paperless mortgage solution.
    (IHub #55924, 10/25/04)
2003        Feb 10, Wavexpress Featured in TVSPY Next Generation TV Spotlight Article "Making Broadband More Attractive."
    (IHub #68211, 2/4/05)
2003        Feb 14, Comodo Group and Wave Systems Partner to Offer ESIGN Solutions Securely Online to Government.
    (IHub #68211, 2/4/05)
2003        Feb 18, Wave Systems Corp., a developer of solutions and services for secure Internet commerce, is demonstrating its suite of secure EMBASSY®-based services at the Intel Developer Forum, Feb. 18 - Feb. 21, 2003, at the San Jose Convention Center.
    (IHUB, #29965, 2/13/04)
2003        Feb 19, Wave Systems Corp., a leader in secure hardware and software computing solutions and services, today announced it is partnering with the Comodo Group, the leading Internet security specialist which provides next generation E-commerce security solutions, to offer the industry's most comprehensive solutions for managing processes and transactions securely online.
    (IHub #43692, 6/13/04)
2003        Feb 20, Hollywood.com and Wavexpress Launch MoviePick™ – Broadband PC Channel for Movie-Goers.
    (IHub #68211, 2/4/05)
2003        Feb 25, Media Spotlight On Wave's EMBASSY Secure Services Shown at IDF.
    (IHub #68211, 2/4/05)
2003        Mar 6, Wave Systems Is Key Partner of Infineon Technology's Silicon Trust Partnership Program.
    (IHub #68211, 2/4/05)
2003        Mar 10, NEC Partners With Wave at CeBIT. Europe Online to Launch Wavexpress Broadband Channels.
    (IHub #68211, 2/4/05)
2003        Mar 11, Wave Systems Demonstrates Secure PC with Advanced Financial Services For Consumers.
    (IHub #68211, 2/4/05)
2003        Mar 12, CardFlash.com coverage of Wave Systems and Smart Card PCs. NEC–Packard Bell Features Wave Technology at CeBit. Wave and Trusted Logic Demonstrate FINREAD Services Development Platform at CeBIT 2003 trade show.
    (IHub #68211, 2/4/05)
2003        Mar 21, Wave Systems to Host Q4 2002 Webcast/Conference Call, March 31st.
    (IHub #68211, 2/4/05)
2003        Mar 24, - Wavexpress Introduces French-Language Channel on TVTonic.
    (IHub #68211, 2/4/05)
2003        Mar 27, Wave Systems and TecSec Collaborate to Address Key Government Security Markets.
    (IHub #68211, 2/4/05)
2003        Mar 28, Wave Systems and National Semiconductor Approve Licensing Agreement on Hardware and Software Solution for Trusted Computing Platforms.
    (http://www.unclever.com/wavx/DD.htm)
2003        Mar 31, Wave Systems 4Q02 quarterly conference  call.
    (IHub, #22493, 12/11/03)
2003        Mar 31, Peter Sprague announced his resignation as a director of Wave Systems.
    (IHub, #24522, 12/29/03)
2003        Apr 4, The Online Reporter Cover Story: TVTonic Offers Alternative to Streaming Video: Cache It.
    (IHub #68211, 2/4/05)
2003        Apr 7, Nancy Sumrall at RSA 2003 said "Intel is pleased to demonstrate Wave’s suite of trusted services on TPM enabled Intel platforms. It is important that the OEMs and the industry in general begin to deliver these TPM based services which can interoperate amongst all of the secure platforms that will be deployed over the next few years. Wave’s insights in the development and delivery of these trusted services are just the beginning of bringing a whole new level of value to the PC platform," said Nancy Sumrall, safer computing initiative manager, Desktop Platforms Group at Intel.
    (IHUB, #30528, 2/18/04)
2003        Apr 8, AMD, HP, IBM, Intel and Microsoft today announced the formation of a new industry group dedicated to embedding trust and security more broadly into computing platforms and devices. The Trusted Computing Group (TCG) will work to create open standards that can be adopted for use in products and solutions across the spectrum of computing, including PCs, PDAs, servers and digital phones, to enable secure and trusted computing that can protect data, privacy, and individual rights. Wave joined TCG. There were only 11 companies initially invited to TCG, WAVE, being one of them, of course.
    (http://www.unclever.com/wavx/DD.htm)(IHub, #24287, 12/26/03)
2003        Apr 10, Wave Systems Announces Secure Services Support For IBM ThinkPad Notebooks and NetVista Desktops, the Industry’s First Trust Infrastructure Services for TCG Platforms Using EMBASSY® Trust Services to be Demonstrated at RSA Conference 2003.
    (http://www.unclever.com/wavx/DD.htm)
2003        Apr 30, Wave Systems Completes $5.5 Million Financing.
    (IHub #68211, 2/4/05)
2003        May 1, Wave Systems To Demonstrate EMBASSY Trust Suite at the Windows Hardware Engineering Conf.
    (IHub #68211, 2/4/05)
2003        May 9, Wavexpress Launches "TVTonic Direct™" - The Broadband DVD-Quality Content Delivery Platform.
    (IHub #68211, 2/4/05)
2003        May 12, Wavexpress Licenses TVTonic Direct(TM) Broadband Technology to Golfspan.com for Delivery of DVD.
    (IHub #68211, 2/4/05)
2003        May 15, Wave Systems 1Q03 quarterly conference  call.
    (IHub, #22493, 12/11/03)
2003        May 21, MSNBC/Newsweek coverage of the Howard Dean Channel using Wavexpress' TVTonic.
    (IHub #68211, 2/4/05)
2003        May 27,  After extending the due date on the loan in 2002, WAVX approved a bonus (to Feeney), "in an amount equal to Mr. Feeney's obligations with respect to such loan and accrued interest," according to Wave's 2003 Schedule 14(a) proxy filing. Feeney repaid the loan with the funds from the bonus." "Wave made a loan of $250,000 to the company's chief financial officer, Gerard Feeney, in 2001 so he could pay capital-gains taxes on exercised Wave stock options.
    (IHub, #28955, 2/6/04)
2003        Jun 27, The Online Reporter Interview with Peter Sprague.
    (IHub #68211, 2/4/05)
2003        Jul 25, Wave closed at $.86.
    (IHub, #23649, 12/19/03)
2003        Jul 30, Wave Systems Corp. and Cubic Defense Applications, the defense segment of Cubic Corporation (AMEX:CUB), announced a strategic partnership where Cubic will integrate Wave’s EMBASSY® technologies into a new line of versatile smart card readers. These readers will be offered in several form factors, such as standalone Universal Serial Bus (USB) devices, trusted computer keyboards, and proximity door access devices.
    (IHub, #46 TCG, 2/15/04)
2003        Jul 31, Wave Systems announced an agreement with Intel Corporation that will help enable both companies to accelerate the development and deployment of trusted applications and services for safer computing on personal computer platforms.
    (JV, IHub, 11/29/03)(http://www.unclever.com/wavx/DD.htm)
2003        Jul 31, After opening at $1.03 on July 31 it closed at $2.25 the same day, and went on to finish at a two-year high of $4.53 on Aug. 5.
    (IHub, #23373, 12/19/03)
2003        Aug 1, Reuters News: Security Underdog Wave Systems Wins Intel Pact.
    (IHub #68211, 2/4/05)
2003        Aug 4, Wave Systems Corp. announced that the new Document Manager Vault and SmartSignature security software applications in Wave's EMBASSY® Trust Suite client software family work with the IBM Embedded Security Subsystem, a hardware and software-based security solution available on select ThinkPad notebooks and ThinkCentre desktops, to create more secure applications for the business user.
    (IHUB, #32005, 2/27/04)
2003        Aug 4, Reuters said that Wave Systems said it had agreed to a deal with IBM to embed its software inside selected IBM notebook and desktop computers, marking the latest in a string of deals for the tiny company. (corrected by Reuters on Dec 19) "a deal with IBM in which its software would be compatible with selected IBM notebook and desktop computers."
    (IHub, #23431, 12/19/03)(Reuters, 8/4/03)(IHub, #23685, 12/19/03)(Reuters, 12/19/03)
2003        Aug 4, Wave Systems' stock, among the most actively traded and top percentage gainers on Nasdaq, was up 28.8 percent, or $1.05 cents, at $4.70.
    (IHub, #23416, 12/19/03)
2003        Aug 5, Wave Systems reached a high of 5.24.
    (IHub, #23463, 12/19/03)
2003        Aug 5, Wave Systems Has Not Inked Deal With IBM. WAVX Wave Systems Corp. (WAVX) stated that its security software is compatible with International Business Machines Corp.'s (IBM) embedded security subsystem. (A story that ran at 1:04 p.m. EDT incorrectly stated that Wave Systems has an actual deal with IBM.)
    (IHub, #23822, 12/21/03)
2003        Aug 5, Gerard T. Feeney, WAVX CFO, sold 100,000 shares at $5 per share.
    (http://biz.yahoo.com/t/83/355.html)
2003        Aug 5-6, Wave Systems has received $3.6 million in cash, with $1 million of that coming as a loan repayment from its former chair, Peter Sprague. The remainder came from shareholders who exercised options to buy 1.189 million shares at strike prices between $1.09 to $4.08 per share. CFO Gerard Feeney sold 100,000 shares at $5, after receiving options with 150,000 underlying shares.
    (IHub, #23472, 12/19/03)(IHub, #23681, 12/19/03)(IHub, #39585, 4/30/04)
2003        Aug 6, August 6, 2003 SKS exercised and sold 150,000 options … exercised at an average of $1.13, sold at an average price of $3.56. Among those exercising options were CEO Steven Sprague, for 150,000 shares at a strike price of $2.01. He sold all of the underlying shares. Sprague had received options in 2002 with 252,500 underlying shares.
    (IHub, #23472, 12/19/03)(IHub, #23681, 12/19/03)(IHub, #39585, 4/30/04)
2003        Aug 6, The share price of Wave (WAVX) slumped by nearly 31%, a drop of $1.39 on the day, and it's all being put down to a report by a US hack. According to Ellen Sheng of Dow Jones Newswires, its auditor KPMG said that it was doubtful it could continue as a going concern beyond the second quarter of 2003.
    (IHub, #23470, 12/19/03)
2003        Aug 7, Wave Systems said it expected to receive $2.6 million from the exercise of share options by current and former employees, and another $1 million owed by Peter Sprague. The elder Sprague had been extended that amount in loans by Wave's board of directors in 2001, but had defaulted on the scheduled repayments.
    (IHub, #23768, 12/21/03)(IHub, #39585, 4/30/04)
2003        Aug 8, Wave Systems 2Q03 quarterly conference  call.
    (IHub, #22493, 12/11/03)
2003        Aug 8, Wave Systems announced that Peter Sprague had repaid a loan of $1 million.
    (IHub, #24522, 12/29/03)
2003        Aug 14, Wave Systems Corp., a leader in delivering trusted computing applications and services with advanced products, infrastructure and solutions across multiple trusted platforms, today announced the EMBASSY® Trust Suite of applications and services will be available for Atmel Corporation’s Trusted Platform Module (AT97SC3201) technology and software stack.
    (IHub, #30351, 2/17/04)
2003        Aug 19, Wave Systems Corp., announced it has joined the RSA Secured® Partner Program to help provide trusted identity and access management between the Wave's eSign Transaction Management Suite, (eTMS) and RSA Keon® digital certificate management software.
    (IHub, #24522, 2/15/04)
2003        Aug 19, Dir Sells 10,000 of WAVE SYSTEMS CORP issuer: WAVE SYSTEMS CORP. FILER: BUSHNELL NOLAN K TITLE: Director  Date Transaction shares price value:  8/19/03 Exercise 10,000 @ $1.22 for $12,200; 8/19/03 Sale 10,000 @ $3.57 for $35,742. This left him with 42,000 WAVX shares.
    (IHub, #37748, 4/15/04)   
2003        Aug 26, SmartMoney ran an article by Scott Patterson on WAVX... "Then came news of a software-bundling deal with Intel (INTC) and a partnership with IBM (IBM) — twin events that caused Wave's stock to spike more than 500% over the course of several days, reaching an intraday peak of $5.24 on Aug. 5..."
    http://yahoo.smartmoney.com/onthestreet/index.cfm?story=20030826&afl=yahoo
    (IHUB, #31356, 2/23/04)
2003        Sep 10, Wave to Demonstrate EMBASSY® Trust Suite Services With the TCG Community at the IDF.
    (IHub #68211, 2/4/05)
2003        Oct 1, Mastery Media, Inc. Contracts Wavexpress to Launch First-of-its-Kind "Edutainment" TV Network Online.
    (IHub #68211, 2/4/05)
2003        Oct 14, Intel patent # 6,633,981. Electronic system and method for controlling access through user authentication.
    (IHub, #20489, 11/24/03)
2003        Oct 22, Wave Systems Corp. announced today that Wave’s bundled trusted applications and services software security suite for safer computing is now shipping.
    (IHub, #24455, 12/28/03)
2003        Oct 29, Wave Systems Introduces EMBASSY® Trust Suite Professional Edition.
    (IHub #68211, 2/4/05)
2003        Nov 5, Wave Systems Supports Industry Group Newly Released Trusted Platform Module Specification To Enhance PC Security.
    (IHub #68211, 2/4/05)
2003        Nov 11, Wave Demonstrates Secure Financial Services Capabilities at FINREAD Seminars In the U.S.
    (IHub #68211, 2/4/05)
2003        Nov 13, Wave Systems 3Q03 quarterly conference call. The company reported net revenue from development service and license contracts of $80,000, compared to third-quarter 2002 revenue of $70,000. It reported a net loss to common shareholders for the quarter of $8.3 million. Net revenue for the first nine months was $130,000, compared to $393,000 in revenue during the same period last year. The net loss to common shareholders for the first nine months was $21 million, compared to $33.6 million last year, Wave reported. The company said it had $6 million in cash, enough to fund operating, sales, marketing and development activities until February.
    (IHub, #22493, 12/11/03)(IHub, #23768, 12/21/03)
2003        Nov 13, Wave Systems Demonstrates Advanced Secure E-Commerce Capabilities and Business Productivity Software Solutions at Cartes Show in France.
    (IHub #68211, 2/4/05)
2003        Nov 19, Wave completed $7.1 million private placement financing with a group of institutional and accredited investors.
    (www.wave.com)
2003        Nov 24, Wave Systems To Present Trusted Computing Strategy at Red Herring Fall 2003 Conference in Monterey, California.
    (www.wave.com)

2003        Dec 1, Grantsdale chipset, scheduled for release in the first half of 2004, will allow users to run wireless networks from their PCs.
    (IHub #21498, 12/1/03)
2003        Dec 2, NEXTBEND Licenses Wavexpress Broadband Technology for New Media Delivery Products.
    (IHub #68211, 2/4/05)
2003        Dec 3, Wave Systems to Demonstrate Advanced Security and Business Productivity Solutions at the Inside ID Conference.
    (IHub #68211, 2/4/05)
2003        Dec 8, Seoul-based content management company XMedia announced today that it has been selected by CyberKAIST to provide technology for delivery of online courseware. XMedia has chosen Wavexpress, majority owned by Wave Systems Corp., as the technology platform provider to ensure secure broadband distribution of the courseware. Wavexpress delivers full-screen, DVD-quality digital content over broadband networks.
    (IHub, #22213, 12/8/03)
2003        Dec 8-10, Wave Systems Corp. demonstrated a range of Trusted Computing security and business productivity solutions at the Inside ID Conference, Washington, D.C.
    (IHub, #21707, 12/3/03)
2003        Dec 15, UkrainaTV Licenses Wavexpress - Sets Stage for U.S. Launch of Ukrainian Video Channel.
    (IHub #68211, 2/4/05)
2003        Dec 17-18, SEC said it had begun a formal probe of Wave Systems Corp., a maker of security software. Wave said the Securities and Exchange Commission had launched a formal investigation of the company. The probe by the U.S. financial watchdog relates to certain public statements the company made around August 2003, as well as certain trading in the companies securities around this time.
    (Reuters, 12/18/03)
2003        Dec 19, Wave Systems closed at 1.50. Reuters issued correction of Aug 4 article. Original: Reuters said Wave Systems said it had agreed to a deal with IBM to embed its software inside selected IBM notebook and desktop computers, marking the latest in a string of deals for the tiny company. Corrected to: "a deal with IBM in which its software would be compatible with selected IBM notebook and desktop computers."
    (IHub, #23431, 12/19/03)(Reuters, 8/4/03)(IHub, #23685, 12/19/03)(Reuters, 12/19/03)

2004        Jan 14, Wave Systems closed at 2.18.
    (WSJ, 1/15/04)
2004        Jan 15, SSP Solutions, Inc. (NasdaqNM:SSPX), a leading provider of identity and information assurance products and services, today announced a strategic partnership with HID Corporation, the premier manufacturer of contactless access control readers and cards for the security industry. Wave had about 3.9 million shares of SSPX.
    (IHub, #26308, 1/15/04)(IHub, #26311, 1/15/04)
2004        Jan 23, Class-action suit filed against WAVX by Marcello Trebitsch. News made public Feb 4.
    (IHub, #28421, 2/5/04)
2004        Jan 26, Candy M. Sousa signed a complaint form with Milberg Weiss against WAVX.
    (IHub, #29002, 2/7/04)
2004        Feb 4, Milberg Weiss class action suit against WAVX announced.
    (IHub, #28316, 2/4/04)
2004        Feb 5, A third class-action suit was filed by Charles J. Piven against WAVX: "on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of Wave Systems Corporation (NASDAQ: WAVX) between July 31, 2003 and February 2, 2004, inclusive (the "Class Period")." 
    (IHub, #28654, 2/5/04)(IHub, #28667, 2/5/04)
2004        Feb 6, The number of employees at WAVX is about 90.
    (IHub, #28933, 2/6/04)
2004        Feb 7, Article by Bill Carey on 3 suits against WAVX.
    (IHub, #29006, 2/7/04)
2004        Feb 10, A class action lawsuit was filed by Zimmerman, Levi & Korsinsky, LLP in the United States District Court for the Southern District of New Jersey on behalf of all purchasers of the securities of Wave Systems Corp. between July 31, 2003 and December 18, 2003.
    (IHub, #29534, 2/10/04)
2004        Feb 10, A securities class action lawsuit was commenced in the United States District Court for the District of Massachusetts on behalf of all persons who purchased or acquired securities of Wave Systems Corporation. A copy of the Complaint is available from the Court or from Bernstein Liebhard & Lifshitz, LLP.
    (IHub, #29603, 2/10/04)
2004        Feb 11, Notice is hereby given that a class action lawsuit was filed in the United States District Court for the District of Massachusetts on behalf of all purchasers of the common stock of Wave Systems Corporation from July 31, 2003 through December 18, 2003, inclusive by the Law Firm of Schiffrin & Barroway, LLP.
    (IHub, #29639, 2/11/04)
2004        Feb 11,The Law Firm of Cauley Geller Bowman & Rudman, LLP announced today that a class action lawsuit has been filed in the United States District Court for the District of Massachusetts on behalf of purchasers of Wave Systems, Inc. common stock during the period between July 31, 2003 and December 18, 2003.
    (IHub, #29668, 2/11/04)
2004        Feb 13, Wave Systems Corp. announced its EMBASSY® Trust Suite software will be demonstrated within the Trusted Computing Group (TCG) Community exhibition area, Booth 152, at the Intel Developer Forum, February 17-19, at the Moscone Convention Center, SF.
    (IHub, #30213, 2/15/04)
2004        Feb 13, Lasky & Rifkind, Ltd., a law firm with offices in New York and Chicago, announces that a lawsuit has been filed in the United States District Court for the District of Massachusetts, on behalf of persons who purchased or otherwise acquired publicly traded securities of Wave Systems Inc. between July 31, 2003 and December 18, 2003, inclusive.
    (IHUB, #29970, 2/13/04)

2004        Feb 20, Wechsler Harwood LLP today announced that it has filed a Federal Securities fraud class action on behalf of persons or entities who purchased or otherwise acquired the securities of Wave Systems Corporation (WAVX) between July 31, 2003 through February 2, 2004, inclusive.
    (IHUB, #30906, 2/20/04)

2004        Feb 23, Wave Systems Corp. and NTRU today announced that they have teamed up to provide a cross-platform software solution for trusted personal computers. The secure software from the two companies is designed to work with multiple-vendor Trusted Computing Group (TCG)-compliant security chips now available for personal computers. By making available multiple-security chip software from each company, PC OEMs and chip manufacturers can have more options in the secure solutions they provide to customers.
    (IHUB, #31187, 2/23/04)
2004        Feb 23, Suit # 10: Goodkind Labaton Rudoff & Sucharow LLP filed a class action lawsuit on February 19, 2004 in the United States District Court for the District of Massachusetts, on behalf of persons who purchased or otherwise acquired publicly traded securities of Wave Systems Corporation between July 31, 2003 and February 2, 2004, inclusive. The lawsuit was filed against Wave, John E. Bagalay, Jr., Steven K. Sprague and Gerard T. Feeney.
    (IHUB, #31208, 2/23/04)
2004        Feb 23, Law Offices Bernard M. Gross, P.C. announced that a class action lawsuit, numbered 04cv 30037, was commenced in the United States District Court for the District of Massachusetts, Springfield Division, against defendants Wave Systems Corp. (WAVX) , Steven K. Sprague (President & CEO), Gerald T. Feeney (COO) and John E. Bagalay, Jr. PhD (Chairman of the Board) on behalf of all persons who purchased the securities of Wave Systems Corporation between July 18, 2003 and December 18, 2003, seeking remedies under the Securities Exchange Act of 1934.
    (IHUB, #31332, 2/23/04)
2004        Feb 23-24, Three derivative claims were filed against Wave systems. A motion to consolidate the claims was filed 3/18/04.
    Sachs v. Sprague, et al. (04-30037-MAP Filed 02/23/04);
    Swanson v. Sprague, et al. (04-30038-KPN);
    Harvey v. Sprague, et al. (04-30044-MAP Filed 02/24/04)
    (IHub, #34605, 3/20/04)

2004        Feb 24, Wave Systems Corp. today announced its EMBASSY(R) Trust Suite software will be demonstrated at Booth 516 at the RSA Conference 2004, February 23-27, at the Moscone Convention Center, San Francisco.
    (IHUB, #31434, 2/24/04)
2004        Feb 24, Stull, Stull & Brody Announces Class Action against Wave Systems: Notice is hereby given that a class action lawsuit was filed on February 23, 2004 in the United States District Court for the District of Massachusetts, on behalf of all persons who purchased common stock of Wave Systems Corp. between July 31, 2003 and December 18, 2003, inclusive against Wave Systems, Steven Sprague and Gerard T. Feeney.
    (IHUB, #31534, 2/24/04)

2004        Feb 25, RSA Conference-- Computer Associates, DataPower Technology, Entrust, Hewlett-Packard, Oblix, OpenNetwork, RSA Security, Sun Microsystems, and Others Showcase Authentication and Authorization Standard at RSA Conference. Eleven vendors teamed with the U.S. General Service Administration (GSA) E-Gov E-Authentication Initiative to demonstrate interoperability of the Security Assertion Markup Language (SAML), an OASIS Standard for the exchange of authentication and authorization information. For the first time ever, members of the OASIS Security Services Technical Committee demonstrated both types of SAML version 1.1 Single Sign-On, along with additional scenarios that highlight SAML's flexibility.
    (IHUB, #31711, 2/25/04)

2004        Feb 27, Wave Systems Corp. announced its EMBASSY(R) Trust Suite software will be demonstrated in Booth 311 at IBM PartnerWorld 2004, February 29 - March 3, at the Mandalay Bay Resort Hotel and Convention Center, Las Vegas, NV.
    (IHUB, #31991, 2/27/04)

2004        Mar 11, Wave Systems Corp. reviewed corporate and industry developments over the past several months and reported results for Q4 and year ended December 31, 2003. For the fourth quarter ended December 31, 2003, Wave Systems reported net revenue principally related to software license contracts of $59,000, compared to revenue of $53,000 for the fourth quarter ended December 31, 2002. For the fourth quarter of 2003, Wave reported a net loss to common stockholders of $670,000, or $0.01 per basic share. Among other items, Wave's fourth quarter results include the benefit of a non-cash, unrealized holding gain on trading securities of approximately $3.6 million.
    (IHub, #33163, 3/11/04)

2004        Mar 29-Apr 13, Wave sold six-hundred and fifty-five thousand (655,000) shares of SSP’s common stock on the open market at prices ranging from $1.65 to $2.15 per share.
    (IHub, #37269, 4/3/04)

2004        Apr 5, Wave Features its EMBASSY® Trust Suite at Microsoft Security Events
from April through June 2004 (schedule).
    (IHub, #36708, 4/8/04)(IHub, #3719, 4/13/04)

2004        Apr 12, Microsoft reported that it agreed to pay $440 million to settle a broad patent suit with InterTrust. It covered the protection of digital content against unauthorized copying.
    (WSJ, 4/12/04, p.A3)

2004        Apr 13, WAVX shares climb .81 to $2.14 on 14.6 million shares traded.

2004        Apr 14, Wavexpress, Inc. today announced the latest release of its TVTonic(R) broadband software, which is now compatible with Microsoft's Windows XP Media Center Edition, the home entertainment version of Windows. The new version of TVTonic integrates with the Media Center Remote and is optimized for the livingroom viewing experience.
    (IHub, #37362, 4/14/04)

2004        Apr 15, Wave Systems Corp. announced today that it has filed a $25 million shelf Registration Statement on Form S-3 with the Securities and Exchange Commission.
    (IHub, #37547, 4/15/04)

2004        Apr 26,    Wave Systems Corp. today announced its EMBASSY(R) Trust Suite software will be demonstrated in the Hewlett-Packard exhibition area, Booth 450, at Infosecurity Europe 2004, April 27-29, at the Grand Hall, Olympia, London.
    (PR)

2004        Apr 29, The 2004 Annual Meeting of Stockholders of Wave Systems Corp. will be held at 4 p.m. on Monday, June 21, 2004 at The New York Helmsley Hotel, 212 East 42nd Street, New York, New York, for the following purposes.
    (IHub, #39452, 4/29/04)

2004        May 4, Microsoft executives confirmed that NGSCB will be canned. The project, dreamed up with Intel in 2002, was once code-named Palladium. Microsoft recommitted to releasing Longhorn, its next-generation Windows client and server, into beta testing in 2005 even though its chairman acknowledged that security concerns threaten his dream of enabling seamless connectivity and Web services.
    (IHub, #39974, #39976, 5/5/04)
 
2004        May 10, WAVX issued a Prospectus to raise $25 million.
    (IHub #40513, 5/10/04)

2004        May 13, Wave Systems reported Q1 net revenue principally related to software license contracts of $50,000, compared to revenue of $16,000 in the first quarter ended March 31, 2003.
    (IHub #40888, 5/13/04)

2004        Jun 9, Wave Systems to Feature Trusted Computing Solutions at 2004 PKI/PKE Forum Focused on Identity Management.
    (IHub #68211, 2/4/05)

2004        Jun 11, The Comodo Group (comodogroup.com), a provider of information security and related services, announced on Thursday that it has been awarded an Exceptional Grant Award by the UK government. Comodo joins IBM (ibm.com), HP (hp.com), Fujitsu (fujitsu.com), Microsoft (microsoft.com), Intel (intel.com) and AMD (amd.com) among others, to form the Trusted Computing Group, a consortium to develop and promote open standards for hardware-enabled secure computing and security technologies. Comodo will focus on setting the architecture and standards for secure input devices.
    (IHub #43691, 6/13/04)

2004        Jun 16, Niveus Media, a manufacturer of media entertainment devices for the consumer electronics market, today announced that it will ship Wavexpress' TVTonic broadband video application pre-installed on all Niveus AVX Media Center PCs. Wavexpress is majority- owned by Wave Systems Corp., a leader in trusted computing.
    (IHub #44067, 6/16/04)

2004        Jun 21, Wave Systems Corp. held its 2004 Annual Meeting of Stockholders at the New York Helmsley Hotel.
    (IHub #41921, 5/24/04)
2004        Jun 21, Wave Systems Corp. announced today that the next version of Wave's trusted applications and services software security suite, EMBASSY(R) Trust Suite 3.1, is now shipping with Intel desktop board models D915GEV and D915GUX.
    (IHub #44600, 6/21/04)

2004        Jun 30, Wave Systems Trusted Platform Module Cryptographic Service Provider Allows Developers to Address Broader Trusted Platform Module Market.
    (IHub #68211, 2/4/05)

2004        Jul 8, Wave Systems Corp. and SmartAxis SA today announced that SmartAxis will distribute Wave's EMBASSY® Trust Suite (ETS) software and infrastructure to enterprises interested in trusted computing solutions for personal computer security. SmartAxis will distribute Wave's EMBASSY Trust Suite software in Greece, Turkey, Cyprus and in Balkan countries.
    (IHub #46562, 7/8/04)

2004        Jul 20, Wave Systems Corp. and CSS Laboratories, Inc. today announced that CSS Laboratories will offer Wave's EMBASSY® Trust Suite (ETS) software and infrastructure to government and enterprises interested in secure and trusted computing solutions.
    (IHub #47810, 7/20/04)

2004        Jul 21, Wave Systems Corp. and Envoy Data Corporation today announced that Envoy Data will resell Wave's EMBASSY® Trust Suite (ETS) software and infrastructure to enterprises and government interested in trusted computing solutions for personal computer security.
    (IHub #47972, 7/21/04)

2004        Jul 22, Wave Systems Corp., a leading supplier of trusted computing products and solutions, today announced it has joined the ARM® Connected Community. As part of the ARM Connected Community, Wave will gain access to a full range of resources to help it market innovative solutions associated with the new ARM TrustZone(TM) technology that will enable developers to get their ARM Powered® products to market faster.
    (IHub #48091, 7/22/04)

2004        Jul 27, thePlatform for media, inc., a leading provider of software for broadcast and broadband rich media content management, publishing, and reporting, announced the integration of Wavexpress' WX broadband video technology and thePlatform media publishing system(TM). Wavexpress is majority-owned by Wave Systems Corp.
    (IHub #48580, 7/27/04)

2004        Jul 29, Todito, a leading Internet portal, ISP and ecommerce site for North American Spanish-speakers, today announced the launch of Todito TV Premium, an online service offering DVD-quality videos. Todito TV Premium is an expansion of Todito's three-year-old online video service --now called Todito TV Basic-- and uses the platform and player of Wavexpress, a leading provider of broadband technology and services. Wavexpress is majority-owned by Wave Systems Corp., a leader in trusted computing.
    (IHub #48827, 7/29/04)

2004        Aug 2, Wave Systems Corp., a developer of trusted computing solutions and services, announced today that it has agreed upon a $3 million private placement of Class A common stock with an accredited investor. The transaction is being done under Wave Systems' $25 million shelf registration statement which was declared effective by the Securities and Exchange Commission on May 10, 2004. Pursuant to the financing, Wave Systems agreed to sell approximately 3.5 million shares of Class A common stock at a price of $0.85 per share. The transaction is intended to fund Wave Systems' ongoing operations and general corporate overhead.
    (IHub #49075, 8/2/04)

2004        Aug 5, Wave Systems Corp. (WAVX) announced today that on Thursday, August 12, 2004 at 4:30 P.M. EDT it will host a webcast/conference call reviewing recent corporate and industry progress as well as Wave's results for the second quarter ended June 30, 2004. Wave's results will be issued after the market's close.
    (IHub #49546, 8/5/04)

2004        Aug 12, Wave reported a net loss to common stockholders of $4.3 million, or $0.06 per basic share, for the second quarter of 2004, compared to a net loss to common stockholders of $6.3 million, or $0.12 per basic share, in the second quarter ended June 30, 2003. The weighted average number of basic shares outstanding in the second quarters of 2004 and 2003, was 67,363,000 and 52,096,000, respectively. For the second quarter ended June 30, 2004, Wave Systems reported net  revenue principally related to OEM shipments of its EMBASSY(R) Trust Suite (ETS) software of $6,000, compared to revenue of $34,000 in the second quarter ended June 30, 2003. Second quarter revenue from ETS shipments were roughly in line with levels achieved in the preceding two quarters.
    (IHub #50281, 8/12/04)

2004        Aug 26, Wave Systems Corp. announced its EMBASSY(R) Trust Suite software will be demonstrated August 31- September 2 at Booth 18 at the 2004 DOIM Conference, co-sponsored by AFCEA International and the U.S. Army Directorate of Information Management. The conference will be held at the Broward County Convention Center, Ft. Lauderdale, FL.
    (IHub #51803, 8/26/04)

2004        Aug 30, Wave Systems Corp. today announced the availability of Key Transfer Manager Enterprise Server AD, a server software solution designed to aid in the protection and recovery of critical enterprise personal computer data. Key Transfer Manager (KTM) Enterprise Server AD is designed to address the IT manager's need to control the key archive and recovery process when implementing an enterprise-wide security solution using PCs conforming to the Trusted Computing Group (TCG) standard.
    (IHub #51988, 8/30/04)

2004        Aug 31, Wave Systems Corp. today announced its EMBASSY(R) Trust Suite and EMBASSY(R) Trust Server software will be demonstrated at IBM Partner Summit 2004, August 31 – September 2, at the Science Park, Lindholmen, Goteborg, Sweden.
    (IHub #52106, 8/31/04)

2004        Sep 7, STMicroelectronics (STM) announces the availability of its complete Trusted Computing Group (TCG) 1.2 Solution -- the ST19WP18-TPM -- which is backward compatible with ST's TCG 1.1b Solution. The new TCG 1.2 solution features an integrated Core TCG Software Stack from NTRU Cryptosystems, along with the Embassy Security Center and Cryptographic Services Provider from Wave Systems as well as all necessary BIOS and Windows(R) drivers.
    (IHub #52389, 9/7/04)
2004        Sep 7, Wave Systems Corp. announced today that the next version of Wave's secure enterprise software, EMBASSY® Trust Suite (ETS) 4.0, is now available. Components of ETS 4.0 are new or enhanced, including setting strong security preferences for authentication and hardened data protection tailored to business needs. Wave's ETS 4.0 is available in Professional Edition and Enterprise Edition client packages, or in a client/server package that includes the EMBASSY Trust Server - Key Transfer Manager Enterprise Server AD 2.0.
    (IHub #52397, 9/7/04)
2004        Sep 7, Wave Systems Corp. (WAVX) today announced that it has licensed secure software to STMicroelectronics (STM) for use in ST's Trusted Computing Group (TCG) 1.2 Solution for trusted personal computers. The new solution, which is backward compatible with the TCG 1.1b specification, features an integrated Core TCG Software Stack along with Wave's Embassy(R) Security Center and Cryptographic Services Provider (CSP), as well as all necessary BIOS and Windows drivers.
    (IHub #52421, 9/7/04)

2004        Sep 14, Wave Systems Corp. received notification from The Nasdaq Stock Market indicating that for the last 30 consecutive business days, the bid price of Wave's common stock has closed below the minimum $1.00 per share requirement for continued inclusion under Marketplace Rule 4450(b)(4).
    (IHub #53530, 9/20/04)

2004        Sep 15, Wave Systems Corp. (WAVX) announced its EMBASSY(R) Trust Suite and EMBASSY(R) Trust Server software will be demonstrated September 20-22, 2004 at the FBI ITEC 2004 Conference, Booth 51, at the Wyndham Palace Resort, Lake Buena Vista, FL.
    (IHub #52920, 9/15/04)

2004        Sep 16, Aggressive investors should pay attention to Wave Systems Corporation, a company that announced yesterday that its EMBASSY(R) Trust Suite and EMBASSY(R) Trust Server software will be demonstrated September 20-22, 2004 at the FBI ITEC 2004 Conference at the Wyndham Palace Resort, Lake Buena Vista, FL.
    (IHub #53719, 9/21/04)

2004        Oct 18, Wave Systems Corp. today announced it has signed an agreement with a la mode, inc., the nation's largest developer of valuation workflow software, for a la mode to offer a comprehensive solution for securely managing real estate and mortgage transactions online.
    (IHub #55394, 10/18/04)

2004        Oct 20, Wave Systems Corp. announced that on Tuesday, October 26, 2004 at 4:30 P.M. EDT it will host a webcast/conference call reviewing recent corporate and industry progress as well as Wave's results for the third quarter ended September 30, 2004. Wave's results will be issued after the market's close.
    (IHub #55690, 10/21/04)

2004        Oct 24, Wave Systems Corp. today announced it will demonstrate its client and server Trusted Computing solutions at the Digital ID World 2004 conference October 25-28, at the Omni Interlocken Resort, Broomfield, CO.
    (IHub #55932, 10/25/04)

2004        Oct 26, Wave Systems Corp. today reported growth in new contract activity and reviewed its results for its third quarter and nine months ended September 30, 2004. During the third quarter ended September 30, 2004, Wave completed license contracts amounting to $340,000, to be recorded as revenue over future periods. Wave's Q3 2004 net revenue was $44,000, compared to revenue of $80,000 principally related to development service contracts and license contracts in the third quarter ended September 30, 2003. Wave concluded a revised agreement in September to have its technology embedded in National Semiconductor's
Trusted Platform Module products that also include the new trusted computing integrated solution, the IOKeeper(R) Trusted Platform Module. As a part of the agreement Wave receives a license fee and a per unit royalty.
    (IHub #56080, 10/26/04)

2004        Oct 27, NTT DoCoMo, Inc., Intel Corporation and IBM released a security specification called "Trusted Mobile Platform." The specification can help make advanced mobile-commerce services such as electronic tickets and e-wallets for online purchases more secure and help protect against viruses and other software attacks.
    (IHub #56401, 10/27/04)

2004        Oct 28, Wave Systems Corp. will describe Trusted Computing hardware and software it jointly developed with STMicroelectronics in a joint presentation at the Cartes 2004 conference at the Paris-Nord Villepinte Exhibition Centre, Paris at 16:45 on Wednesday November 3, 2004.
    (IHub #56436, 10/28/04)

2004        Oct, TCP article.
    http://www.epn-online.com/page/15671/should-your-computer-trust-you----an-insight-on-the-meaning-of-trusted-computing-platforms-leveraging-tpms.html

2004        Nov 15, Wave Systems Corp. today announced its portfolio of trusted personal computer, server and smart card reader products will be demonstrated November 16 through November 19 at the Department of Defense Public Key Enabling (PKE) Technical Forum, Disney's Coronado Springs Resort, Orlando, FL.
    (IHub #57751, 11/15/04)

2004        Q1, The new Pentium 4 processors code-named Prescott to be released. Intel will build LaGrande technology into chips beginning with the upcoming Prescott CPU and support chipset. LaGrande technology will provide capabilities such as protection of secure memory  even from DMA (direct memory access) engines. LaGrande is a security engine that is built into Intel Prescott CPUs and chipsets, expected in the second half of the year. It aims to protect a system's data in ways software-based solutions currently can't offer. The technology will isolate data by setting up "virtual vaults" in hardware that are less vulnerable to viruses or hackers, while also separating applications so contaminations can't be spread from one software program to another.
    (IHub #20416, 11/24/03)(IHub #22133, 12/7/03)

2004        Dec 14, Wave Systems Corp. and Envoy Data Corporation amended the Authorized Distributor Agreement, dated as of June 29, 2004 (the "Agreement"). The amendment to the Agreement makes Wave's EMBASSY® Trust Suite Enterprise Security, Dell Edition 1.0 software available for distribution to Dell Inc. by Envoy. The Software will then be an option for purchase with Dell personal computers enabled with security hardware at a retail price of $19.99. Pursuant to the amendment to the Agreement, Wave will receive the remaining portion of the $19.99 retail price after deducting distribution costs. The amendment to the Agreement does not provide for any minimum or maximum guaranteed quantities.
    (IHub #60077, 12/14/04)

2004        Dec 16, Wave Systems Corp. today announced it has received an order from the United States Military Academy's Information Technology Operations Center for Wave to provide information technology products associated with the academy's Secure Content Dissemination and Data Retrieval Computer System project.
    (IHub #60572, 12/16/04)

2004        Dec 17, Wave Systems Corp., a developer of trusted computing solutions and services, announced today that it has agreed upon an issuance of approximately $5.8 million of Class A common stock with accredited investors. The transaction is being done under Wave Systems' $25 million shelf registration statement which was declared effective by the Securities and Exchange Commission on May 10, 2004. Pursuant to the financing, Wave Systems agreed to sell 5,484,790 shares of Class A common stock at a price of $1.05 per share. The transaction is anticipated to close today and is intended to fund Wave Systems' ongoing operations and general corporate overhead. Pursuant to the order, Wave will receive approximately $80,000 within thirty days.
    (IHub #60802, 12/17/04)(IHub #61621, 12/20/04)

2004        Dec 29, Wave Systems Corp. received notification from The Nasdaq Stock Market indicating that it has regained compliance with listing requirements. On September 14, 2004, Wave received notification from Nasdaq indicating that its common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Marketplace Rules of Nasdaq. Since then, the closing bid price of Wave’s common stock has been at $1.00 per share or greater for at least 10 consecutive business days. Accordingly, Wave has regained compliance with the Marketplace Rule 4450(b)(4) and this matter is now closed.
    (IHub #62760, 12/29/04)

2004        FiXs, based in Fairfax, Virginia, was formed to pilot a federated identity transaction model and was incorporated as a not-for-profit corporation.
    (www.fixs.org/)

2005        Jan 6, Wavexpress, Inc. today announced that it plans to offer their Wavexpress TVTonic video service to Media Center PC users via Microsoft's Online Spotlight. Online Spotlight is a selection of featured services within Microsoft Windows XP Media Center Edition 2005 that offers Media Center PC users a fast, simple way to access compatible services directly from the main navigation screen of Media Center Edition 2005. Wavexpress specializes in the delivery of full-screen, DVD-quality digital content over broadband networks. The company is majority-owned by Wave Systems Corp.
    (IHub #63877, 1/6/05)

2005        Jan 13, Wave Systems Corp. and Operational Research Consultants, Inc., a wholly owned subsidiary of WidePoint Corporation, announced today a strategic partnership to jointly market trusted computing and certified credentialing to provide identity management solutions to federal, state and local governments. The partnership agreement combines ORC's federal government authorized External Certificate Authority (ECA) and Access Certificates for Electronic Services (ACES) capabilities with Wave's EMBASSY(R) Trust Suite technology for use with federal compliant public key infrastructures.
    (IHub #64934, 1/13/05)

2005        Jan 20, Wave Systems Corp. announced that Groupement des Cartes Bancaires, "CB", the French banking authority for payment systems involving bank cards and terminals, will use Wave's secure software development tools to evaluate the potential of Trusted Computing Group (TCG)-compliant computing solutions. The tools are designed to simplify the development process associated with creating TCG-compliant applications.
    (IHub #65650, 1/20/05)

2005        Feb 1, Wave Systems Corp. ETS Enterprise Security Dell Edition 1.0 was made available for purchase on the Dell Inc. web site, www.Dell.com. Pursuant to an amendment to the Authorized Distributor Agreement with Envoy Data Corporation, dated December 14, 2004, Wave’s software is now available for purchase via www.Dell.com and is compatible with Dell personal computers enabled with Trusted Platform Module security hardware. Wave’s ETS software is designed to deliver strong authentication, secure wireless authentication, secure email, digital signature, data protection and the management of security credentials, for enterprise compliance, government and individual applications.
    (IHub #67269, 2/1/05)

2005        Feb 6, Wavexpress, Inc. today announced that it plans to offer their Wavexpress TVTonic video service to Media Center PC users via Microsoft's Online Spotlight. Online Spotlight is a selection of featured services within Microsoft Windows XP Media Center Edition 2005 that offers Media Center PC users a fast, simple way to access compatible services directly from the main navigation screen of Media Center Edition 2005. Wavexpress specializes in the delivery of full-screen, DVD-quality digital content over broadband networks. The company is majority-owned by Wave Systems Corp., a leader in trusted computing.
    (IHub #68971, 2/10/05)

2005        Feb 14, Wave Systems Corp. announced that Lark Allen, executive vice president, business development, will present "Trusted Computing, Identity Management and Web Services, the Next Generation of the Internet", Session IAM-101 of the Identity and Access Management Track at the RSA 2005 Conference at the Moscone Center, San Francisco, CA. Allen's presentation, sponsored by the Trusted Computing Group, will be on Feb. 15 at 2:00pm in the Esplanage Room in the South Hall. Allen's presentation will show how trusted computing, using industry-standard security chip technology to defend the computing platform against software-based attacks, promises to make the internet safer terrain for enterprises, government and individuals ready to engage in high value digital transactions.
    (IHub #69417, 2/14/05)

2005        Feb 15, Wave Systems Corp. today announced it will demonstrate its secure software, EMBASSY Trust Suite (ETS), which now provides features including policy management, and management tools to enable hardware security in applications such as email and wireless authentication. Demonstrations of Wave's ETS, including these new features, will be held at Booth 421, the RSA Conference 2005, February 15-18, at the Moscone Convention Center, San Francisco. Wave's ETS capabilities will also be demonstrated at the Trusted Computing Group (TCG) booth.
    (IHub #69556, 2/15/05)

2005        Feb 22, Wave Systems Corp. and Sonex Infrastructure Solutions Group today announced that Sonex ISG will distribute Wave's EMBASSY(R) Trust Suite (ETS) software and infrastructure to enterprises interested in trusted computing solutions for personal computer security. Sonex ISG will distribute Wave's EMBASSY Trust Suite software in Lithuania, Latvia and Estonia in eastern Europe. International group Sonex ISG consists of IT infrastructure and PC manufacturing companies "Sonex Kompiuteriai" (Lithuania), "Sonex Riga" (Latvia) and "Sonex Computers" (Estonia). Sonex ISG will host a press conference and customer seminar today in Vilnius at the Business Center Forum Palace to describe the distribution partnership and the trusted computing market opportunity.
    (IHub #70515, 2/22/05)

2005        Feb 24, Lord Nigel on YayaPapaDoc and Wavoids.
    (http://lord_nigel.typepad.com/my_weblog/2005/02/wavoids_on_para.html)

2005        Feb 25, Wave Systems Corp. announced today that its president and CEO, Steven Sprague, and its CFO, Gerard Feeney, will provide an overview of Wave and its progress in deploying trusted computing software and services at The Wall Street Analyst Forum investor conference on Tuesday, March 1st at 8:20 a.m. The conference, which is for institutional investors and analysts, will be held in New York City at the Roosevelt Hotel at Madison Avenue and 45th Street. Those interested in Wave's conference presentation may access a live audio webcast of the presentation along with a copy of its PowerPoint presentation from Wave's website at http://www.wave.com. Please allow 15 minutes to register, download and install any necessary software. Following Wave's presentation, an audio replay will be available for approximately 30 days.
    (IHub #71031, 2/25/05)

2005        Mar 1, Wave Systems Corp. today announced that demonstrations of its secure software, EMBASSY Trust Suite (ETS), will be held at the Intel Developer Forum, March 1-3, at the Moscone Convention Center, San Francisco.
    (IHub #71497, 3/1/05)
2005        Mar 1, Seagate Technology and Wave Systems Corp. are demonstrating new hardware-based data protection capabilities in trusted computing platforms as part of the Intel Digital Office Community at the Intel Developers Forum, March 1-3, Moscone Center, San Francisco, California.
    (IHub #71632, 3/1/05)

2005        Mar 9, Wave Systems Corp. announced its EMBASSY® Trust Suite (ETS) software for trusted computing will be demonstrated at the Giesecke & Devrient (G&D) booth at the CeBIT 2005 trade show, March 10-16, 2005. At CeBIT 2005, Wave will highlight the newest trusted computing capabilities of its ETS software, including policy management, and management tools to enable hardware security in applications such as email and wireless authentication. Wave has designed its ETS software to be easy to use, to be interoperable across all available platforms and security chip vendors, and to offer server solution upgrades needed by enterprises and government users.
    (IHub #72549, 3/9/05)
2005        Mar 9, Wave Systems Corp. WAVX announced today that on Tuesday, March 15, 2005 at 4:30 P.M. EST it will host a webcast/conference call reviewing recent corporate and industry progress as well as Wave's results for the fourth quarter ended December 31, 2004. Wave's results will be issued after the market's close. WEBCAST/REPLAY: available at http://www.wave.com and archived for 30 days. TELEPHONE: via 212-271-4563 or 415-537-1870. Please call five minutes in advance.
    (IHub #72565, 3/9/05)

2005        Mar 10, Wavexpress, a provider of broadband technology and services, majority-owned by Wave Systems Corp., today announced that Quadra Media LA, a content delivery platform that aggregates Spanish language video content from various sources and then distributes the content via the Internet to broadband enabled end-users within the Americas, has licensed TVTonic Direct.
    (IHub #72723, 3/10/05)

2005        Mar 15, Wave Systems Corp. today reviewed recent corporate progress and reported results for its fourth quarter (Q4) and year ended December 31, 2004. Wave's Q4 2004 net revenue related to technology licensing and related support services was $108,000, compared to Q4 2003 net revenue of $59,000. Reflecting ongoing management of sales, marketing, administrative and R&D expenses, Wave reported a net loss to common stockholders of $3.0 million, or $0.04 per basic share, for the fourth quarter of 2004, compared to a net loss to common stockholders of $4.3 million, or $0.07 per basic share, in Q4 2003. The weighted average number of basic shares outstanding in the fourth quarters of 2004 and 2003, was 71,793,000 and 65,203,000, respectively.
    (IHub #73506, 3/15/05)

2005        Mar 16, Wave Systems Corp., a developer of trusted computing solutions and services, announced today that it has agreed upon an issuance of approximately $4.1 million of Class A common stock with accredited investors. The transaction is being done under Wave Systems' $25 million shelf registration statement which was declared effective by the Securities and Exchange Commission on May 10, 2004. Pursuant to the financing, Wave Systems agreed to sell 4,659,090 shares of Class A common stock at a price of $0.88 per share. The transaction is anticipated to close today and is intended to fund Wave Systems' ongoing operations and general corporate overhead.
    (IHub #73727, 3/16/05)

2005        Mar 29, Wave Systems Corp. announced today that its President and CEO, Steven Sprague, will provide an overview of Wave and its progress in deploying trusted computing software and services to members of the investment community at the Dutton Associates Small Cap conference on Tuesday, April 5th at 9:06 a.m. PST. The conference, which is for investment professionals, will be held at The Four Seasons Hotel in San Francisco, CA.
    (IHub #75149, 3/29/05)

2005        Apr 4, Wave Systems announced that Steve Sprague, CEO, is scheduled to present at the Dutton Associates Small-Cap Conference at the Four Seasons Hotel located in downtown San Francisco, California, on Tuesday, April 5, 2005. Wave Systems is scheduled to present three times, at 9:06, 2:00 and 4:00 PST at the conference. The morning presentation will be broadcast, with a link for use either at www.jmdutton.com or on the company's website.
    (IHub #75706, 4/4/05)

2005        Apr 12, Giesecke & Devrient (G&D) and Wave Systems Corp. have formed a strategic alliance to offer an enhanced security solution to address the trusted computing market. The G&D-Wave Systems collaboration will address the organizations' joint development activities in the fields of smart card technology and trusted computing software.
    (IHub #76483, 4/12/05)

2005        Apr 13, Notice is hereby give that the 2005 Annual Meeting of Stockholders of Wave Systems Corp. (the "Company") will be held at 4 p.m. on Monday, May 23, 2005 at The New York Helmsley Hotel, 212 East 42nd Street, New York, New York.
    (IHub #76778, 4/13/05)

2005        Apr 15, April 15, 2005 Wave Systems Corp. today announced its portfolio of trusted computer products will be demonstrated April 19-20 at the Department of Defense Identity Protection and Management Conference, Disney's Coronado Springs Resort, Orlando, FL.
    (IHub #77082, 4/15/05)

2005        Apr 18, Wave Systems Corp. today announced that Steven Sprague, president and CEO, will present "Trusted Computing Today in an Identity Protection and Management Domain" at the Department of Defense Identity Protection and Management Conference, Orlando, FL. The presentation will be held on Wednesday, April 20, at 8 a.m.
    (IHub #77386, 4/18/05)

2005        Apr 25, In its Version 3.0, Revision Draft 0.51, dated April 25, 2005, Microsoft has required TPM version 1.2 in its draft Longhorn operating system hardware requirements for logo compliance for "Gold" level business PCs. Wave believes that a significant percentage of the approximately 150 million-unit PC market will include TPMs by December 2006, which is Microsoft's stated launch date for Longhorn.
    (http://biz.yahoo.com/e/050510/wavx10-q.html)

2005        Apr 26, Wave Systems Corp. today announced the availability of EMBASSY(R) Trust Suite (ETS) 4.3 security software, which is designed to support the next generation security chip hardware being released by the global silicon chip manufacturers for use in trusted personal computers. Wave's ETS 4.3 software is in evaluation with security chip vendors and PC original equipment manufacturers (OEMs) and commercial shipments are expected to be made in the early summer.
    (IHub #78586, 4/26/05)

2005        Apr 29, Wave Systems Corp. received notification from The Nasdaq Stock Market indicating that for the last 30 consecutive business days, the bid price of Wave’s common stock has closed below the minimum $1.00 per share requirement for continued inclusion under Marketplace Rule 4450(b)(4) (the “Rule”).  The Nasdaq notice indicated that in accordance with Marketplace Rule 4450(e)(2), Wave will be provided 180 calendar days, or until October 25, 2005, to regain compliance by having its shares close above $1.00 for a minimum of 10 consecutive trading days.
    (IHub #79238, 4/29/05)

2005        May 2, Wave Systems Corp. (WAVX) announced today that on Tuesday May 10, 2005 at 4:30 P.M. EDT it will host a webcast/conference call reviewing recent corporate and industry progress as well as Wave's results for the first quarter ended March 31, 2005. Wave's results will be issued after the market's close.
    (IHub #79368, 5/2/05)

2005        May 10, Wave Systems Corp. today reviewed recent corporate progress and reported results for its first quarter (Q1) ended March 31, 2005. Wave's Q1 2005 net revenue rose to $78,000, compared to Q1 2004 net revenue of $50,000, principally due to an increase in software license revenue. Wave reported a net loss of $4.5 million, or $0.06 per basic share, for the first quarter of 2005, compared to a net loss to common stockholders of $3.4 million, or $0.05 per basic share, in Q1 2004. The year-ago first quarter included the benefit of a gain on sale of marketable securities amounting to $1.2 million. Excluding the gain, Wave would have continued its trend of reduced year-over-year net losses. The weighted average number of basic shares outstanding in the first quarters of 2005 and 2004, was 77,212,000 and 67,338,000, respectively.
    (IHub #80550, 5/10/05)

2005        May 13, Wave Systems Corp. (WAVX) announced today that its President and CEO, Steven Sprague, will provide an overview of Wave and its progress in deploying trusted computing software and services to members of the investment community at the AeA Micro Cap conference on Monday, May 16th in the Monterey Ballroom at the Monterey Plaza Hotel.
    (IHub #81376, 5/13/05)

2005        May 17, Dutton Associates initiates coverage of Wave Systems with a Strong Speculative Buy rating and a $2 price target. The 18-page report by Dutton senior analyst David P. Soetebier, CFA is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Multex, and other leading financial portals.
    (IHub #81630, 5/17/05)

2005        May 24, Wave Systems Corp. (NASDAQ:WAVX) today announced that Steven Sprague, president and CEO, will present "Security Solutions Using Trusted Computing Group ('TCG') Technology" as a part of a seminar on "Trusted Computing: How to Make Your Systems and Data Truly Secure," on Thursday, May 26, from 8:30 a.m. to 11:30 a.m. at the Government Security Expo & Conference 2005 at the Washington Convention Center in Washington, D.C. Sprague's presentation will begin at approximately 9:45 a.m.
    (IHub #82380, 5/24/05)

2005        May 26, Wave Systems Corp. announced today that the next version of Wave's trusted applications and services software security suite, EMBASSY® Trust Suite 4.3, is shipping with the new Intel® 945 Express Chipset-based Intel Desktop Boards D945GNTLKR, D945GTPLKR and D945GCZLKR for trusted personal computers.
    (IHub #82787, 5/26/05)

2005        Jun 1, Wave Systems Corp. announced that the next version of Wave's trusted applications and services software security suite, EMBASSY TrustSuite 4.3, is shipping with the new Intel (NYSE: INTC) 945 Express Chipset-based Intel Desktop Boards D945GNTLKR, D945GTPLKR and D945GCZLKR for trusted personal computers. The Intel motherboards are the first deployments of Wave’s 4.3 version software with ST Microelectronics trusted platform modules (TPMs) supporting 1.2 TPM specifications. Wave’s EMBASSY Trust Suite (ETS) 4.3 software is designed to support the next generation security chip hardware, called Trusted Platform Module (TPM) 1.2. With the 1.2 TPM chip now available from ST Microelectronics and Wave’s EMBASSY Trust Suite 4.3 software available we believe we could see the beginning of an acceleration in trusted computing deployment. The Wave shares are rated “Strong Speculative Buy” with a 12-month target of $2.00.
    (IHub #63641, 6/1/05)

2005        Jun 3, Wave Systems Corp. announced today that its EMBASSY(R) Security Center and Cryptographic Service Provider software applications are included with the new Dell Precision(TM) 380 workstation and OptiPlex(TM) GX620 corporate desktop.
    (IHub #83752, 6/3/05)

2005        Jun 14, Wave Systems Corp. has announced that it is extending its EMBASSY® Trust Suite software products to support the new Seagate Momentus 5400 FDE hard drives with hardware-based Full Disc Encryption technology. Seagate and Wave have worked together to ensure complementary technologies that address new market opportunities for security and data protection in the trusted computing market.
    (IHub #84809, 6/14/05)

2005        Jun 28, Wave Systems EMBASSY(R) Trust Suite Secure Software for Trusted Computing enables TPM to Help Plug Security Breaches Issue:
    The Federal Deposit Insurance Corporation (FDIC) on June 27, 2005 issued a supplement to a study that discusses a variety of new technologies that could be used to make Internet banking more secure. One technology highlighted is the Trusted Platform Module (TPM) security chip now available on personal computers. In a news release discussing this supplement yesterday, Don Powell, FDIC chairman said, "Identity theft, particularly account hijacking, continues to grow as a problem for the financial services industry and for consumers.
    (IHub #86020, 6/28/05)

2005        Jun 30, Wave Systems Corp. today announced its wholly-owned eSign Systems group has signed an agreement to provide Efficient Forms, Inc., with electronic signature and document management solutions for its iForms Suite of products. The partnership products will first be applied to improving the transaction efficiency of financial services and brokerage operations.
    (IHub #86265, 6/30/05)

2005        Jul 11, Wave Systems Corp. today announced that one of its partners has reported that is has shipped more than one million copies of Wave's EMBASSY® secure software technology. Specifically, STMicroelectronics announced today volume production of the ST19WP18 Trusted Platform Module (TPM), and confirmed that more than one million of the TCG (Trusted Computing Group) 1.2 devices have already been delivered in Q2 2005 to a number of major PC motherboard makers across the world. Embedded in a personal computer, a TPM increases security by enabling authentication of both the PC and its user, as well as providing secure storage for critical data and passwords.
    (IHub #87031, 7/11/05)

2005        Jul 29, Atmel Corporation, a global leader in the development and fabrication of advanced semiconductor solutions, and Wave Systems Corp. today announced a licensing agreement providing secure software for the Atmel AT97SC32xx family of Trusted Platform Module (TPM) ICs.
    (IHub #88876, 7/29/05)

2005        Aug 2, Wave Systems Corp. announced that it has received a Notice of Exercise from the holder of Wave's Series A Common Stock Purchase Warrants to purchase 2,000,000 shares of Wave's Class A Common Stock at an exercise price of $1.13 per share. The warrant exercise is expected to generate $2,260,000 in gross proceeds to Wave. The warrants were issued in conjunction with a $3.0 million private placement completed in July 2004. Wave anticipates receipt of the warrant exercise proceeds later today.
    (IHub #89338, 8/2/05)

2005        Aug 2, Wave Systems Corp. announced today that on Tuesday, August 9th at 4:30 P.M. EDT it will host a webcast/conference call reviewing recent corporate and industry progress as well as Wave's results for the second quarter ended June 30, 2005. Wave's results will be issued after the market's close. WEBCAST/REPLAY: available at http://www.wave.com and archived for 30 days.
    TELEPHONE: via 212-748-2815 or 415-908-4750. Please call five minutes in advance.
    (IHub #89489, 8/2/05)

2005        Aug 8, Wave Systems Corp., a developer of trusted computing solutions and services, announced today that it has agreed upon an issuance of $3.6 million of Class A common stock with accredited investors. The transaction is being done under Wave Systems' $25 million shelf registration statement which was declared effective by the Securities and Exchange Commission on May 10, 2004. Pursuant to the financing, Wave Systems agreed to sell 4,000,000 shares of Class A common stock at a price of $0.90 per share. The transaction is anticipated to close today and is intended to fund Wave Systems' ongoing operations and general corporate overhead.
    (AP, 8/8/05)

2005        Aug 9, Wave's Q2 2005 net revenue rose to $258,000, compared to Q2 2004 net revenue of $6,000, principally due to an increase in software license revenue. Wave reported a net loss of $4.2 million, or $0.05 per basic share, for the second quarter of 2005, compared to a net loss to common stockholders of $4.3 million, or $0.06 per basic share, in Q2 2004. The year-ago second quarter included the benefit of a gain on the sale of marketable securities amounting to $1.2 million as well as a $300,000 charge relating to the write-off of impaired assets. The weighted average number of basic shares outstanding in the second quarters of 2005 and 2004 was 81,126,000 and 67,363,000, respectively.
    (Ihub #90,592, 8/9/05)

2005        Aug 22, Wave Systems Corp. today announced its EMBASSY(R) Trust Suite solutions will be demonstrated August 23-25 at Booth 1540 at the 2005 DOIM Conference, co-sponsored by AFCEA International and the U.S. Army Directorate of Information Management. The conference will be held at the Broward County Convention Center, Ft. Lauderdale, FL.
    (IHub #92492, 8/22/05)

2005        Aug 23, Wave Systems Corp. announced today that its EMBASSY(R) Trust Suite (ETS) client software and server products will be demonstrated at the Intel Developer Forum, Intel Booth 943, August 23-25, Moscone Center West, San Francisco. Features to be demonstrated include biometric authentication, smart card authentication, password authentication and machine authentication of a user's personal computer to an enterprise server. Wave has designed these trusted computing solutions to give IT administrators more flexibility and increased options in managing corporate and government data networks.
    (IHub #92595, 8/23/05)

2005        Sep 8, Steven Sprague, president and CEO of Wave Systems Corp., will be a guest on the Computer America radio show on the Business Talk Radio Network aired nationally on Friday, September 9 from 10:00 PM to 11:00 PM. He will be interviewed by Carey Holzman and Craig Crossman, both nationally known business and high-tech journalists.
    (IHub #94208, 9/8/05)

2005        Sep 26, Wave Systems Corp. announced today that the next version of Wave's secure software platform, Embassy Trust Suite 5.0 and the Embassy Enterprise Authentication Server, is now available for trusted computing for business and government applications. New and improved trusted computing features include network policy management, data protection, biometric authentication, smart card authentication, password authentication and machine authentication of a user's personal computer to a server.
    (IHub #95750, 9/26/05)

2005        Oct 14, Wavexpress, Inc. today announced version 3.0 of its TVTonic broadband video entertainment service for PCs running Microsoft Windows XP Media Center 2005. Wavexpress TVTonic gives Media Center PC users access to high quality cached video delivered through the Internet. Now with version 3.0, users can subscribe to any video feed publicly syndicated through the popular RSS format. Wavexpress TVTonic is available via the Microsoft Windows XP Media Center Edition 2005 Online Spotlight feature. Online Spotlight is an on-demand component of Media Center that provides a convenient, central location where consumers can discover and enjoy the latest online services and software designed for Windows XP Media Center Edition.
    (IHub #97839, 10/14/05)

2005        Oct 24, Wave Systems Corp. announced today that it has expanded its product line of electronic signature and document process management solutions with the introduction of the SmartSignature Server, a new modular component of the eSign Transaction Management Suite (eTMS). Wave's eSign Transaction Management Suite is designed to enable organizations to manage business processes and transactions entirely online, enabling automation of business policy compliance and reduce the need for time-consuming and costly traditional ink signatures and paper storage, or expensive traditional delivery services.
    (IHub #98895, 10/24/05)

2005        Nov 3, Wave Systems Corp. announced today that on Wednesday, November 9th at 4:30 P.M. EST it will host a webcast/conference call reviewing recent corporate and industry progress as well as Wave's results for the third quarter ended September 30, 2005. Wave's results will be issued after the market's close.
    (IHub #100087, 11/3/05)

2005        Nov 4, Lee-based Wave Systems Corp., a company that offers secure applications for hardware-based digital security platforms, reports it was notified Oct. 26 that its stock has sunk below $1 for 30 straight days, in violation of minimum bid price rules set by the Nasdaq Stock Market.
    (IHub #100235, 11/4/05)

2005        Nov 8, Wave Systems Corp. announced today that it is demonstrating its Embassy secure software technologies featuring strong authentication capabilities at the Department of Defense Public Key Enabling (DoD PKE) trade show at the Atlanta Hilton, Atlanta, Georgia, today and tomorrow. The conference focuses on enabling federal system administrators, workgroup managers, and users to get the most out of Public Key Infrastructure, featuring demonstrations, hands-on training sessions, and opportunities to interact with DoD and industry experts.
    (IHub #100525, 11/8/05)

2005        Nov 9, Members of the Trusted Computing Group have elected representatives from Infineon, Seagate Technologies and Wave Systems to the organization's board of directors for a one-year term. Trusted Computing Group (TCG) is an open industry standards organization whose specifications help vendors build products that let users protect critical data and information across a variety of devices and platforms.
    (IHub #100662, 11/9/05)
2005        Nov 9, Wave's Q3 2005 net revenue rose to $335,000, compared to Q3 2004 net revenue of $44,000 and an increase of 30 percent compared to Q2 2005 net revenues of $258,000, principally due to higher royalties related to increased shipments of Wave's OEM customers' products that include Wave software and technology. Wave reported a net loss of $4.4 million, or $0.05 per basic share, for the third quarter of 2005, compared to a net loss of $3.8 million, or $0.05 per basic share, in Q3 2004. The year-ago third quarter included the benefit of a $514,000 gain on the sale of marketable securities and a $283,000 benefit reflecting a decrease in the value of Wave's liability for outstanding warrants containing cash settlement features. The weighted average number of basic shares outstanding in the third quarters of 2005 and 2004 was 85,100,000 and 69,633,000, respectively.
    (IHub #100733, 11/9/05)

2005        Nov 14, Wave Systems Corp. will demonstrate at the Cartes IT Security trade show, November 15-17, Exhibition Centre, Paris Nord Villepinte, a Trusted Computing Group (TCG) compliant secure on-line payment capability developed by Groupement des Cartes Bancaires (CB). At the STMicroelectronics booth, Hall 3E 014, Wave Systems will demonstrate a trusted computing-based secure internet payment process that authenticates a payment card user to the bank, using Wave software development tools and server infrastructure. This demonstration is a proof of concept on how a potential customer using a home PC can do an on-line e-commerce transaction securely.
    (IHub #101261, 11/14/05)
2005        Nov 14, Wave Systems Corp. ("Wave") signed a license agreement with Dell Inc. ("the OEM") that permits the distribution of a custom version of Wave's Embassy® Trust Suite security software technology on all of the OEM's business PCs equipped with trusted computing security chips known as Trusted Platform Modules (TPMs). Wave will receive a per-unit royalty based on the OEM's shipment volumes of products equipped with the custom Embassy technology. However, the contract does not provide for guaranteed minimum or maximum shipped quantities or royalties. An expanded and more powerful suite of trusted computing software, the Wave ETS Enterprise Security, Dell Edition version 2.0, offering enhanced security management as well as improved data protection, will continue to be available to customers as a purchase option from the OEM.
    (IHub #101989, 11/21/05)

2005        Nov 15, Wave Systems Corp. will present at the 28th Annual Westergaard SmallCap Conference hosted by Paulson Investment Company, Inc. and Dutton Associates. The conference will take place at the Waldorf-Astoria Hotel in New York City on Monday, November 21st. Wave CEO, Steven Sprague, and Wave's CFO, Gerard Feeney, will make four separate 25-minute overview presentations to small groups of investment professionals at 9:40 a.m. and 11:25 a.m. during the morning and at 3:15 p.m. and 4:25 p.m. during the afternoon session. For registration and other conference information, visit www.westergaardsmallcap.com.
    (IHub #36044, 11/15/05)

2005        Nov 21, Wave Systems Corp. said it signed a license agreement with computer systems maker and seller Dell Inc. The Lee, Mass., company said in a regulatory filing with the Securities and Exchange Commission that the agreement allows the distribution of its Embassy Trust Suite security software technology on all of Dell's business personal computers equipped with trusted computing security chips known as trusted platform modules.
    (IHub #102072, 11/21/05)

2005        Dec 5, Wave Systems Corp., a developer of trusted computing solutions and services, announced today that it has agreed upon an issuance of $3.5 million of its Class A common stock to accredited investors. Pursuant to the financing, Wave Systems has agreed to sell 5,982,905 shares of Class A common stock at a price of $0.585 per share as well as warrants to purchase 1,093,750 shares of the company's common stock within six months at an exercise price of $0.80 per share. If exercised in their entirety, the warrants would generate an additional $875,000 in gross proceeds to Wave. The transaction is anticipated to close today and is intended to fund Wave Systems' ongoing operations and general corporate overhead. The transaction is being done under Wave Systems' $25 million shelf registration statement which was declared effective by the Securities and Exchange Commission on May 10, 2004.
    (IHub #103232, 12/5/05)

2005        Dec 22, Wave Systems Corp. announced today that the company has teamed with NCI Information Systems, Inc., a wholly owned subsidiary of NCI, Inc., in connection with a Total Engineering and Integration Services (TEIS) contract awarded to NCI Information Systems, Inc. by the US Army Information Systems Engineering Command (USAISEC). Under the TEIS contract, NCI Information Systems, Inc. is to provide information systems engineering and information technology support to the USAISEC, and other federal agencies worldwide. This indefinite delivery-indefinite quantity (ID/IQ) program has a 5-year period of performance, containing a base year and 4, one-year option periods, with a total ceiling value of $804 million.
    (IHub #104818, 12/22/05)

2005        Longhorn represents Microsoft's best assessment of how computing will evolve and may be ready about this time, though some say 2006-7. Longhorn w/ NGSCB could be a significant driver for the adoption of trusted computing. Longhorn has three major components: Avalon, which is the user interface; WinFS, the new file system that is based on metadata; and Indigo, the communications system that will include middleware to pass messages back and forth among different Web services, their objects and components. So a developer will no longer need to understand exactly how everything works.
    (IHub, #21276, 11/30/03)(IHub, #21294, 11/30/03)(IHub, #22501, 12/11/03)

2006        Jan 10, Wave Systems Corp. announced today that the company is teamed with Operational Research Consultants, Inc. (ORC), a wholly owned subsidiary of WidePoint Corporation (OTC BB: WDPT), in connection with the first Blanket Purchase Agreement award issued under the new U.S. General Services Administration (GSA) "Authentication Products and Services" Category Special Item No. (SIN) 160 32, part of existing IT Schedule 70 (the “ORC ACES BPA"). The ORC ACES BPA is an indefinite delivery/ indefinite quantity (ID/IQ) program that has total ceiling value of $100 million.
    (IHub #106155, 1/10/06)

2006        Jan 23, Wave Systems Corp. announced today that it has signed with NTT DATA Corporation of Japan a non-binding memorandum of understanding (MOU) to form an alliance to resell Wave's Embassy secure software technology for the trusted computing market. Under the MOU, the parties envision the formation of a distributor and systems integrator relationship to resell Wave's products and solutions and to provide support services to its customers in an effort to introduce such products and solutions to the Japanese enterprise market. Trusted computing markets in Japan that may be addressed by the alliance include financial services, government, health care and consumers.
    (IHub #107052, 1/23/06)

2006        Jan 30, Wave Systems Corp. has signed a license agreement with Gateway companies, Inc. (“Gateway”) permitting the distribution of a custom version of Wave’s Embassy® Trust Suite security software technology with Gateway’s personal computer products equipped with trusted computing security chips known as Trusted Platform Modules (TPMs). Wave will receive a per-unit royalty based on Gateway’s shipment volumes of products that are equipped with or include the custom Embassy technology.
    (IHub #107557, 1/30/06)

2006        Feb 3, Wave Systems Corp. announced today announced that Wave CEO, Steven Sprague, will be presenting at the Security Research Associates 2nd Annual Winter Technology Conference. The SRA conference will be held on Wednesday, February 15th, 2006 at the Campton Place Hotel in San Francisco. Wave's presentation is currently scheduled for 12:30 p.m. PST. Conference attendees will include a select group of institutional portfolio managers and analysts from across the country.
    (IHub #108168, 2/1/06)

2006        Feb 6, Wave Systems Corp. salutes the U.S. Army for its release on Feb. 3 of the new Consolidated Buy-2 (CB2) Desktop and Notebook minimum specifications for Army customers as published by the Army Small Computer Program. The specific publication link is https://ascp.monmouth.army.mil/scp/news/currentnews.jsp#2214.
    (IHub #108277, 2/6/06)

2006        Feb 8, Wave Systems Corp. has been awarded a $319,000 contract by a United States Department of Defense agency. Under the contract, Wave will provide consulting services in connection with a study to evaluate the implementation of trusted computing solutions for the government. The term of the project is expected to be four months.
    (IHub #108529, 2/8/06)

2006        Feb 10, Wave Systems Corp. announced that it will demonstrate network integrity access control capabilities using the industry standard Trusted Network Connect (TNC) architecture. TNC architecture is designed to deliver significantly strengthened network integrity. This demonstration, featuring Wave's Embassy(R) Trust Suite software products working with Juniper Networks L2 access control solution, will be conducted at the RSA Conference 2006, Booth 1407, Monday, Feb. 13 through Friday, Feb. 17 at the McEnery Convention Center, San Jose, CA.
    (IHub #108796, 2/10/06)

2006        Feb 13, Seagate Technology, the world's leading hard drive maker, and Wave Systems Corp. are teaming up at the RSA Conference 2006, February 13-17, at San Jose's McEnery Convention Center to showcase the latest development in data security. The two companies will demonstrate a security solution that combines the strongest protection available for intellectual property, personal information and other sensitive data stored on lost or stolen notebook PCs with a simple way to manage and protect encryption keys and passwords.
    (IHub #109108, 2/13/06)
2006        Feb 13, Wave Systems Corp. announced that at the RSA Conference 2006 it will demonstrate network endpoint security and access control capabilities implementing the Trusted Network Connect (TNC) architecture. Wave will demonstrate secure network access using its Embassy® secure software technology and Nortel's endpoint security products with a PC equipped with a Trusted Platform Module (TPM). The Embassy technology platform is designed to support hardware security features provided by TPM security chips currently shipping in millions of personal computers.
    (IHub #109119, 2/13/06)
2006        Feb 13, Wave Systems Corp. announced it will demonstrate a wide range of new and enhanced trusted computing capabilities at the RSA Conference 2006, Booth 1407, Feb. 13-17 at the McEnery Convention Center, San Jose, CA.
    (IHub #109168, 2/13/06)

2006        Feb 15, Wave entered into a securities purchase agreement, pursuant to which Wave agreed to sell and issue 8,348,597 shares of Class A Common Stock, par value $.01 per share for $0.535 per share, to certain purchasers who are parties to the Purchase Agreement (the “Purchasers”) for an aggregate purchase price of $4,466,500. The Purchasers were also granted warrants (the “Warrants”) to purchase up to 1,550,868 shares of Class A common stock at an exercise price of $0.72. The Warrants are exercisable for a period of six months following the date of issuance. Each Warrant is subject to cancellation if the closing bid price of Wave’s common stock exceeds $0.86 for 10 out of 20 consecutive trading days and the Warrant has not been exercised by the close of business on the trading day after the 10th trading day on which the closing bid price exceeds $0.86.
    (IHub #120857, 5/11/06)

2006        Feb 15, Security Research Associates, 2nd Annual Winter Technology Conference in San Francisco:

I’d like to introduce Steven Sprague, the CEO of Wave Systems. And, by chance one of my closest friends and oldest friends is his father, so I’ve known Steve since he was a small boy. He’s now a big boy. I think this is a watershed event for Wave, because the company has been an R&D company for many years and they’re now starting to develop revenue. And there’s plenty of security in the company, plenty of security technology, but there’s nothing like revenue, and revenue is now coming. And so it’s a perfect time for Steve to take over. And, thanks for coming.
Steven Sprague: Thank you very much. Thanks for having us.

So let me introduce you to Wave. For some people have seen it before. We’ve been down a very consistent path for a long period of time. It’s taken a long time to get to where we are today. We’ve gone through a few iterations. If you look back in our history we’ve done a variety of different things. We used to build hardware; we no longer build hardware. We were involved in the measurement and use of information, really metering and DRM in the very early stages of it, and I think that actually that will be parts of markets coming forward in the future.

Today our focus is on building support for a new industry standard that’s emerging. And I’ll spend a bunch of time talking about the industry standard, because it’s very important to understand what’s happening in the marketplace that’s creating this opportunity.

I will say one of the most interesting aspects is that we’ve become so comfortable with the PC, we forget the power of the PC market when the PC market was emerging. And we’re having another iteration of something that’s inside the PC and the addition of a new capability and the markets that it’s going to basically disturb and the markets that it’s going to create. So in a very similar manner to Microsoft and Intel deciding to add multi-media as a standard component to the chipset changed the whole flavor of the multi-media marketplace and created what today is a huge market on the PC, that process is going on today to add security as a standard point to the market.

So one of the challenges that we have in the PC space is that there’s a huge amount of stuff that’s been built around trying to address this fundamental question of who are you, are you the same person you were yesterday, can I trust your machine. These are the classic set of problems we’ve all heard about, read about, some of us have experienced in the consumer PC model. Why? Because a consumer PC or a standard PC has no identity technology in it, we have no idea who it is. When it shows up on the network, it’s just another processor on the network. Unlike the cell phone network where we now have SIMM modules and identity capabilities, etc, I can make your phone ring by dialing your number and your phone rings, and his phone doesn’t ring and her phone doesn’t ring and his phone doesn’t ring, just your phone rings.

And so there’s a tremendous opportunity to bring standards based hardware to solve this problem of the PC. The challenge of course is that the PC business of course is a very standards driven business. And so what you have to do in order to accomplish this, and we got very close to getting our own hardware deployed in this context, and really what became necessary was to go become part of forming and driving then the industry standard to accomplish this.  

So back in the late nineties an original group was formed called the TCPA, Trusted Computing Platform Alliance, that was rechartered a couple years ago to become the Trusted Computing Group. It is a full up industry standards body similar to standards bodies that exist for Web based protocols, for WiFi, etc. We’re actually in the standards organization in the process of discussions with IEEE with how this standard should be adopted by the IEEE. But in essence it’s 130 companies today. It’s all the major players in security. It’s all the major PC manufacturers. They’ve agreed to a common standard. They’ve begun deployment. Actually Lenovo, the old IBM ThinkPad team, was just saying they’ve shipped their 19 millionth unit out of Lenovo by themselves, total in the market. They started shipping, I think they shipped their first unit back in 2001, and they’ve been shipping for a while. The rest of the industry joined in the course of the last year. So probably sort of the bookend of establishing that this was going to be the defined standard and the train had left the station was when Dell shipped their first unit back in March of last year. 

If you’ve got Lenovo, HP, Gateway, Dell, etc, Dell tends to join these parties late but they drive the adoption of technology.

So the Trusted Computing Group publishes standards for building blocks for hardware security in the motherboard. There are now a half of a dozen PC chip manufacturers. So chips are built by Infineon, ST Micro, Atmel, Winbond – Winbond bought National Semiconductors old group, and Broadcom, are building chips for [] are a dollar a part. So to have some scope of what I think the market is, clearly getting into this market are five different silicon providers, because the market is 200 million units per year, and they want to divide that market amongst them. 200 million units is the current shipping capacity of the PC industry based upon last year’s volumes as reported by IDC.

So the market is growing. The industry shipped approximately 30 million units last year. General estimates from IDC are close to 70/75 million units this year.

So this is IDC’s growth chart. You can see that it moves up towards 100% adoption in the PC space. This is not an unfamiliar chart. This is an absolutely classic Wintel standard adoption chart. The same chart was drawn for math coprocessors, CD ROMs, Ethernet ports, etc. Once the industry decides to put the technology in, the problem is and a very simple one, actually one that was highlighted just the other day, is that if I have the technology in my PC and he doesn’t have it in his PC and the customer makes it standard, that guy sells zero PCs.

And so for example, the US Army just standardized that all future PCs starting at the end of this week going forward require Trusted Platform Module 1.2.

There are some OEMs who have 1.1 version platform modules and not yet 1.2, who actually won’t meet that and therefore for the next quarter won’t supply any equipment to the US Army. If you want to motivate a product manager to make sure that all future PCs have that, miss a quarter of sales to major customer like the federal government. Showing customer adoption is important for us as well. Having the US Army do the first step – before they can buy our software they have to get machines with TPMs. The first thing they have to do is go ask that 100% of the machines they buy have Trusted Platform Modules in them. Anybody who has any influence over their organization’s purchasing of PCs should ask for the same thing. This is, think of it in a similar manner to color. You know at some point you have to buy your last black and white monitor because you know everything in the future is going to require color, and so that’s the same case here for security. This is going to be used for all network access control, all authentication, and the question is the machine your bought yesterday which doesn’t have a TPM on it, are you going to be able to have it live its normal life before you get rid of it, because maybe in order to file your filings you have to have a Trusted Platform Module.

So what’s our mission?

We looked at this market and we’ve been part of facilitating the market to come to place. We’ve watched lots of other markets in the Internet and other places develop around us, and we believe that the primary task here is to be the company that provides the tools and infrastructure to help the OEMs deploy this technology in the box. That if we can be the branded experience where you start your Trusted Computing relationship as a user, that is the best place to aggregate the value that’s generated by this market.

And so we’ve focused on building the client software, doing deals with the PC manufacturers, get this as broadly deployed on a horizontal basis as possible and build the infrastructure so that the enterprise can begin to take use of it. Our model for our enterprise software looks like the early days of Novell or 3Com or other guys in the networking game. So I’m going to have all these devices, they’re all going to be connected, how do I control them? Things that are important to us are remote management. We haven’t heard about remote management since the early days of Ethernet. But remote management for Trusted Computing becomes very important. How do I reach out, put keys on machines and take keys off. How I manage to manage your machine without having to go visit your desk is a very important characteristic of this. So, providing those tools to accomplish that are really important to us.

So we’ve managed to aggregate a team of some of the world’s experts in this. In some cases they were world experts before they started, they are definitely world experts now. We write most of the infrastructure working group specifications. We’ve been a major author of lots of parts of that. Many pieces of the standards organization have Wave folks contributing significantly. We’ve chosen to fund that effort from internally. So that we not only build the client software, but we help write the specifications. So things like backup and recovery of keys, we built a product and then we wrote the standard. And so there’s a real advantage in that of having strong participation.

We’ve chaired the marketing working group of the Trusted Computing Group for over a year. Which means the entire budget for the Trusted Computing Standards organization is administered in essence by one of my guys. I think the best way to equate this is you don’t run it. It’s kind of like volunteering for the PTA dinner, okay? If you volunteer you can have a lot of control as to how the event goes, but if you get too far off the reservation somebody comes along and slaps you and says, “no, no, no, no, no, we can’t. We’re not going to have the Hawaiian Night theme.” So some days it’s more entertaining than others. But we write all the quotes. We wrote a lot of the articles. We decide which analysts get briefed. I mean actually a lot of energy gets put into that. Part of our role in that actually, another good way to understand where we are, and why Wave is an important player in this, because there’s some really big companies in this. This is Microsoft and Intel and all those guys. So we just got elected to a board position in the Trusted Computing Group. It’s a really good indicator of where our role is. This is elected by the membership. There are two board seats that are elected on an annual basis. We got one of the seats and Infineon got the other. The rest of the board members are Microsoft, Intel, HP, Sun, Seagate, AMD and Nokia. So that puts us in an even stronger position. There are monthly board meetings. We meet with the players. This gives us interaction with all the key players and their key Trusted Computing Group guys as well. So a lot of stuff gets done in that context.

So what do we build? We build client software. It comes either as something you buy as an application to go onto your machine, or it comes embedded in your machine. That client software provides the ability to manage and control your TPM, Trusted Platform Module. It helps you decide how you’re going to use those devices to logon. Logon to my PC; logon to my network, and logon to my services. So we help administer all the relationships that you have with other service providers. Today those are typically internal relationships inside an enterprise. We expect that fully to be every place you do business on the Internet.

A billion machines are going to do strong authentication “this way.” You’re going to hear about lots of other companies. We talk about RSA has their tokens and Vasco has tokens and Gemplus has smartcards. There are lots of things out there helping you authenticate. The difference is RSA is really happy they’ve shipped 19 or 17 million tokens. We’re going to ship 17 million tokens a quarter. They’ve shipped that since the beginning of time. And we’ll ship at the rate of 17 million units a quarter in ’06. So it’s going to get interesting.

How is that going to affect the business? I think one of the really interesting aspects of this market is to understand that an industry standard, when it shows up in the PC space, it throws all the pieces up in the air. It doesn’t guarantee who wins and who loses when the pieces fall down. But it’s going to throw all the pieces as we know them today up in the air. A really good example is, if you invested in multi-media before Microsoft and Intel added audio and video to the chipset. Right? Creative Labs was the leading player and the different video guys were, and then it just went “whooof!” For a while it was a little interesting and then it settled back down and certainly the market was not the same size for Creative Labs building sound cards after audio got built in than it was before. The same thing is true in security. This is going to really change the space.

The other thing we build is the server software to help manage this, because once we have this in the machine, how do we turn it on and use it for strong authentication? Another very important thing to understand is back in 1998 and ’99 there was a big push to add PKI. Everybody remembers Baltimore Technologies and a bunch of other players. That massive rise in market capital around PKI, facilitated building PKI support into all networking equipment and it never has gone away. So every CISCO router supports PKI. Every Juniper router does, Checkpoint firewall… This is the hardware PKI token on the client side. So this provides interoperability with anybody who ever supported the public key standards, which is about 80 to 90% of all networking equipment today. I can configure out of the box to work with Trusted Computing.

Now the challenge for the IT department is the manual doesn’t say trust Trusted Computing any where in the manual, from my CISCO VPN router. One of the things we’ve had to do as a company is publish a series of documents on how you set your Checkpoint router up or your Checkpoint firewall up with Trusted Platform Modules. It works brilliantly. It’s really easy to do. But helping that guy through that sort of first step of associating pieces that aren’t normally associated has been a challenge.

We’ve built a number of networking components to help that. The most important tool we build is a tool for backup and recovery of keys. So if you’re going to encrypt all of the data on the hard disk, then you better have some place to backup your keys, because if you forget or lose your keys you lose all the data. And that’s been a very valuable component for us.

It’s still early in selling the enterprise software because people haven’t really recognized that they have clients yet. And we provide a range of developer tools that others can use.

One of our more interesting partnerships has been Seagate. So Seagate decided to build full disk encrypting drives. What’s that? It’s a hard disk; in the drive controller they have added security in hardware, where all the data bits spinning on the platters of your disk are now encrypted. Which means that if you leave your laptop in the cab while going to the airport you can’t take the drive out of the laptop, plug it into another computer and just read the drive. Because that bypasses all the authentication into Windows. So they’ve built this as a standard component to the drive. They’ve added very few cents ultimately to the drive.

We formed a partnership with them, that we would build the enterprise software to support their new Trusted drives. Because Seagate’s not an enterprise software company, they’re a drive manufacturing company. And so we built the software support for their new drives. You have to buy the software from Wave. In some cases we’ll provide bundled solutions. We are today the only provider of software for the Seagate drive that demonstrates any functionality. There are open standards solutions we fully expect a few others to enter in producing this. But we’ve integrated that capability now into the same client software we ship to the PC OEMs.

So a company like Dell who buys Seagate drives, they own 50% of the marketplace, can have a single solution where they get Trusted drive management, TPM management, we actually also have expanded in the case of client machines to biometrics and smart cards as well. We provide management of the full-secured environment of the client PC.

Our prime competitor in this space is Infineon. Infineon builds chips. They’ve also built a software stack that works with their chip. One of Infineon’s biggest disadvantages is that their software only runs with Infineon’s chips. Wave’s software today runs on Infineon chips, ST Micro chips, Atmel chips, Winbond chips and Broadcom chips. And so we provide a solution where a company like Dell can buy one software stack and then commoditize the chip vendors as to who they use on a chip basis. That type of layered software approach is very typical for the PC industry. I think one of the only reasons we’ve actually lost any business to Infineon is that they are a much bigger company than we are. Most of the players that have used Infineon have been the Japanese OEMs. They very typically work better with a really large company. However one of the more interesting announcement we recently did is we just signed a Memorandum of Understanding with NTT Data to be their supplier of infrastructure support for Trusted Computing for the Island of Japan. In order to use our software they’ll do a client software replace on every machine. So this has certainly woken up the Japanese OEMs and I think is a very good piece of business for us. In addition if a Toshiba wants to use a Seagate drive they’re going to need both Wave’s software and Infineon’s software. So in time we think it will be much cheaper for them to have a single source supply, not even in the cost of software but just in talking to all of us, which seems to be one of their biggest challenges.

So Trusted Computing, we’ve only talked about the PC space. We touched a little bit on Seagate and the peripheral space. But the Trusted Computing Group standards organization encompasses all devices: peripherals, storage, PCs and mobile devices. There’s a very active mobile working group that has a couple dozen members, all the major telephone companies, and the goal is to put interoperable credentials on PCs and cell phones. So I can check my email from my Blackberry against my corporate server without having to own a Blackberry server. Because the device should have an open platform for credentials that the IT department manages, not the cellular operator manages. And so this is very well underway. The specifications will get published this spring. We expect to see first devices this fall.

We’ve done some nice warm-up relationships with ARM, with Nokia, with a couple of others in the marketplace. So we’re very active in helping to write those specifications. We think there are some really interesting ways to combine our client software with the software on the cell phones. We don’t expect ultimately to be a huge cell phone software provider, we want to make sure the phones work very well with the PC platform.

So this compatibility and interoperability for us is a really key differentiator. It’s also a key differentiator for the overall standard. So one of the challenges in security is that if I write to platform A, I do a security project over here, and I do another security project over here, the probability that they work together is zero. Because everything in security is little vertical markets. And so the opportunity with Trusted Computing is to provide a normalization of authentication, data protection and access control, so that as different devices use that, the probability that they’ll interoperate becomes much much higher.

And so in an effort to help have a simpler deployed network and to reduce a lot of the layers of security, because the IT department gains something they don’t have today which is for the first time they’ll know 100% of the things on their network. They don’t know that today. They’ve all this software they’re buying to figure out what’s going on, which they don’t really need because it’d be like running airport security with no IDs. “I have no idea who you are. But go ahead on through!” is different than if I’m looking for somebody and I’ve got everybody scanning everybody’s ID and I know that your name on your passport and your name on your ticket are the same thing. I have a much higher probability of catching somebody going through an airport if I know everybody at the airport.

Question from audience: Just one question, I’m not understanding how you differentiate between if an unauthorized user is on the computer, it’s not going to catch an unauthorized user…  [?]

So the way this works is a Trusted Platform Module holds credentials. An IT Department can ask the TPM chip to create a credential that’s what’s called non-migratible, which means it exists once and only once. That gives unique identity to the machine in the control of the IT Department. The way I release that is with a PIN number or a biometric. So I’m identifying the user to the chip with a PIN number, and I’m in essence making the second factor of authentication their six-pound laptop as opposed to a smart card or an RSA token. There’s no difference in this structure except that I’m including the PC platform as part of the authentication. So I know it is someone who knows the PIN number in that machine. So to the extent you protect your PIN, which actually you don’t need to protect nearly as strongly as you do in the case of User ID and Password, because if you tell me your User ID and Password to your Citibank account, I can go logon anywhere. If you tell me your PIN number, I’ve got to go steal your computer in order to use your computer to login to your Citibank account. So I know a lot more [] and even better and we’ve already done this in a number of cases where you link the biometric to replace the PIN. Now the biometric never leaves the computer. There’s no big server with everybody’s bio-data on it, it’s only inside my own machine. But now I as a user don’t even know the PIN, right? And so that’s a pretty elegant solution to release the credentials stored, I have a pretty high assurance that it is someone I know on that machine logging into the network.      

So a couple things from recent progress. These are around the last couple of weeks actually, few weeks,

So we’re showing now at the RSA show today integration with Nortel Networks and Juniper for something, you’ve probably heard the terms, Trusted Network Connect, NAP and NAC, right? The Network Access Control and Network Access Protection and Trusted Network Connect are the ability for before I let you on the network my computer is going to check to see if all the software you’re supposed to have is up to date, is correct, is my anti-virus correct, and if you get a green sign you can get on the network. If you don’t get a green sign you get sent to remediation. This is not necessarily a great user concept “remediation” but it works well. And so, it ensures that if you have to have Acrobat Version 9 to do your job, IT can say, “check before he gets on the network. See if he has Acrobat 9. If he hasn’t updated yet, he isn’t allowed on the network until he updates.”

And so the Trusted Platform Module plays a very important role in that and we’re showing at the show today for the first time what’s called Platform Trust Services, which is the integration of the Trusted Platform Module to do this as part of that process. What it does is prevent the client from lying that I still have Acrobat 8 and I’m going to pretend I have Acrobat 9. So a Trusted Platform Module can enforce that the platform isn’t lying. Wave plays a very important role. 100% of the machines need it. You’re going to have to upgrade our software to get our TNC support for Platform Trust Services.

We’re also showing the first production Seagate drives. We announced our Seagate relationship about a year ago. We shipped some prototype stuff, really a lab experiment. These are now running on production drives. They’re a couple months away from production release of drives. So sometime early summer it looks like these drives begin to show up. Everybody who has stock compliance issues, everybody in California needs one of these drives, because now I can ensure that if I lose my machine it and it has any sensitive data on it I don’t have to get an article written on me in the Wall Street Journal.

Gateway began shipping our software January 26. So that was our next major OEM beyond Dell. We supply Intel as well. Probably one of the more interesting ones from our perspective is the US Army’s consolidated buy mandate. If you’re looking for an indication that a big enterprise is thinking about this and trying to figure out where to use it, here’s a good public indication. They’ve said all future machines purchased in our consolidated buy program require TPMs. It’s public on their website. We help communicate it out there.

NTT Data is a very important relationship for us, because it’s showing a really big systems integrator and also a really big market. Japan has standardized on a bunch of PKI capabilities for consumers to government connection and NTT is building that infrastructure and they want to use our tools to build that on top of Trusted Computing. So having NTT select us, there aren’t very many of  “us,” people who build support for Trusted Computing. Getting selected and partnering with them allows us today to begin a relationship that we think over time will be a hugely profitable relationship for us. It will take time to mature. The point is we’re beginning to sign these relationships today.

Somebody enters this market tomorrow. First they’d have to build all the stuff we build, then they’d have to come displace us in relationships where we’re proving our value to those customers.

So it’s getting to be quite a good stable of characters and we’re making good progress on that.

Our business model consists of getting nickels and dimes from the OEMs and chip vendors, and we get typically fifty cents from a Dell deal. That helps to pay the rent. One of the biggest challenges we have as an organization is while we successfully raised a bunch of money back in 2000, we burned through that cash in 2003. We’ve really gotten very clear and focused on this market. It’s clear how the market is developing and how we have to build more partners we need. We’ve been funding the company off of a series of PIPE transactions as discounted common with relatively light weight warrant positions, very short term. Six-month warrant for us is useful money; five-year warrant is completely useless money. And we’ve done that off of shelf registration so the investors are relatively quickly converted into market. People who have been investing in us are liquidity players. So they buy my stock in December and they’ve sold all the stock they bought in December by now. They’ve made money on the transaction. You can look at my share price, the volume, and what they bought the stock at and realize they made a good chunk of money. And they’ll come do it again.

The problem with that obviously is that when you’re venture funding a fairly expensive burn rate, it burns a lot of dilution. But it’s the right thing for this company to do right now. What you want to do, you want to own the leadership position in the introduction of Trusted Computing to the market and be in the position to capture four to five hundred million subscribers at the starting point in their Trusted Computing relationship. That’s what Wave is about.

In order to do that, we’re investing heavily in building that space. So, our burn rate is pretty hefty. We burn in and around four and half million dollars a quarter. We have for all intents and purposes no cash. We raise that on a quarter-by-quarter basis.

Our challenge today is that our share price is not strong enough to support that level of burn rate. One of the things I think, we made the decision really last summer that we were in the right position that we could get to this point with this set of deals. And we’ve delivered on that set of deals, and now we’re in the position I think where we can begin to clearly offer the stock on a basis where somebody can look at it and say, yes, these guys are in the leadership position. They have the key partnerships. The market is clearly underway. The revenue underneath this has got some good substance.

We have got good volume forecasts from our OEM partners. We can look out in front of us today and see somewhere between 80 and 100 million seats over the next 36 months that we have under contract today. No, contract is too strong a term. It means I have a contract where my customer could cancel me tomorrow and they give me a forecast that looks at that kind of volume. So the nice thing with an OEM business is that as long as we perform, they won’t displace us tomorrow. It’s extremely expensive for them to do that, because they’ve done work to integrate our software into their offering, into their marketing, into their sales training, etc. So typically in an OEM business if you win a design win, a Dell model 610, that image will stay the same until Dell 610s cease to be available in the market. Very seldom does it change in the middle of a product life cycle.

So the deals we announce tend to be fairly good long-term deals, although the contracts with OEMs are terrible. I mean any big company like Dell negotiating with a little company like us says “we’ll pay you if we feel like it.” But in essence we get paid on a quarterly basis. And they’re good customers on that basis.

The second phase of our business model is really around providing the enterprise support to the market. So this typically a 40 to 50 dollar per seat model. It’s classic enterprise software, both client software and server software. It provides the infrastructure to manage the devices in the marketplace.

We’ve got a couple of good reference customers. We’ve supplied Diebold with some interesting software. They’re a classic customer who won’t tell anybody what they’re doing with it. That’s perfectly fine. But they allowed us to use them as a customer. On the other end of the spectrum we provide Papa Gino’s with their security infrastructure for their 500 pizza restaurants, and they’ve been very happy to help publish a bunch of Dell case studies. Actually if you go to Dell’s website and type in “Papa Gino’s” you’ll find the case study. And they’re happy to talk about the fact that it saved them money, made it easier, it’s effective technology and they have it in deployment today. So we’re working on continuing to increase those customer relationships and we expect that to really start to turn on in the course of this year. This is the hardest thing to gauge.

Clearly, selling a couple hundred thousand seats would dramatically improve my revenues at 50 bucks a seat, the challenge has been when does it starts in earnest, and that’s been a very hard thing to predict. We’ll probably ship somewhere in the range of 20 million plus seats of software, Wave’s software this year, and it could be as high as 30 to 40 million units this year. So I think we’re in a good position on that front. We only need a few percentage points for people to convert and actually use it. But I don’t have any track record to prove that that’s happening yet. I can’t look back and say. For all intents and purposes software upgrades sales to this point have been negligible. To be fair, they’ve been negligible for everybody else in the market as well. It’s not like some other person is getting all the seats. It’s just the market awareness of this technology is just really starting to happen.

We kind of had the first analyst at RSA this week who said, “Yes, this stuff is really going to be important. It’s really going to have an impact. A lot of people don’t know what it is yet.

So we’re building an installed base. These are our actual stated numbers in Q2 and Q3. You can see pretty good growth. As I said before Q4 tends to not be a growth quarter for the PC OEM industry. You start new product adoption in the spring and you build through the year. We expect relatively flat in Q4 and growth really picks up again in the beginning, the first three quarters of this year.

We’ve announced our Dell licensing agreement and our Gateway licensing agreement and we’re working with a bunch of other OEMs in the marketplace.

Another huge thing that has happened over the course of the last six months is that the coverage of this space has grown completely vertically. There were probably two articles written in the first half of last year and there were dozens of articles written in the second half. All of this is in preparation for Microsoft’s Vista launch. So logo compliance is part of what is driving this technology. If you look at Microsoft, if you look at any laptop there’s a little sticker that says “Designed for Windows XP.” If you want a sticker that says “Designed for Windows Vista” on an enterprise PC platform you must have a TPM in the box. That’s what’s driving this business. That’s what drives a Wintel standard into the marketplace. So everybody ends up with it, the question is, what do you do with it once you get it?

So in summary this is the foundation for security for everything we’re going to do. Fast forward ten years from today, you won’t log onto a service provider, pay anything, have access to any content and use your User ID and Password. You will log into your PC and your PC will log you into everything else. So User ID and Password, hopefully my kids won’t really understand what User ID and Password is. They’ll think it is really arcane and stupid technology and why did you need that. And we’ve certainly had occurrences where that’s happened. We got rid of the beep beep tones on our cell phone, that was a good improvement. Every time you dialed long distance wait for the beep beep tone, type in your PIN number and go. It’s gone. Let’s make User ID and Password go away.

I think we have the right partners to drive there. We’re clearly the market leader in this space. 30 to 40% marketshare of the total software dollars spent in this. The problem was that it was only $300,000 in the third quarter. That’s the challenge. So we’re in the beginnings of an emerging market. It is going to be a huge market. What we’ve focused are the things we can control. Build the right partnerships, build the right relationships, build the right software and build it in a market that’s being driven to be a huge market. And that’s how we’re executing in this space.

So we think we have the right model. We think we have the right business models. We think we’re testing very well in the market our next phases of business models. And we’re really waiting for the growth to come to us.

And that’s all I have.

Thank you for your time.
    (2/15/06, SRA, 2nd Annual Winter Technology Conference in San Francisco)   

2006        Feb 16, Wave Systems Corp. a developer of trusted computing solutions and services, announced today that it has agreed upon an issuance of $4,466,500 million of its Class A common stock to accredited investors. Pursuant to the financing, Wave Systems has agreed to sell 8,348,598 shares of Class A common stock at a price of $0.535 per share as well as warrants to purchase 1,550,868 shares of the company's common stock within six months at an exercise price of $0.72 per share. If exercised in their entirety, the warrants would generate an additional $1,116,625 in gross proceeds to Wave. The transaction is anticipated to close today and is intended to fund Wave Systems' ongoing operations and general corporate overhead. The transaction is being done under Wave Systems' $25 million shelf registration statement which was declared effective by the Securities and Exchange Commission on January 13, 2006.
    (IHub #109639, 2/16/06)

2006        Feb 27, Wave Systems Corp. and QBS Software Limited, an award-winning software distributor, today announced that QBS Software has been appointed by Wave as a distributor of Wave's Embassy(R) Trust Suite software and infrastructure to enterprises in Europe interested in trusted computing solutions for personal computer security.
    (IHub #110763, 2/27/06)

2006        Feb 28, Dutton Associates updates its coverage of Wave Systems reiterating a Strong Speculative Buy rating and a $2 price target. The 15-page report by Dutton senior analyst David P. Soetebier, CFA is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, Knobias, and other leading financial portals.
    (IHub #110900, 2/28/06)

2006        Mar 2, Gateway today announced GatewayShield, a comprehensive security initiative that brings data, Internet and hardware protection to its professional, small business and consumer customers. Gateway's modular approach lets customers buy a brand-new GatewayShield-protected system or select individual security options most suited to their needs for their existing PC. Gateway professional notebooks and desktops include a powerful security chip, Trusted Platform Module (TPM), an industry-standard for meeting Trusted Computing Platform requirements. Integrated onto the motherboard, this chip can't be removed and provides enhanced protection against data theft by encrypting files, authenticating network access and passwords, and safeguarding email communications and file transfers. In addition to the hardware encryption, Gateway also includes Wave Software's EMBASSY(R) Trust Suite Gateway Edition. This combination creates a much more secure environment than traditional passwords and software-based solutions that are vulnerable to hacking and cyber attacks.
    (IHub #111167, 3/2/06)

2006        Mar 14, Wave's Q4 2005 net revenues rose to $348,000, compared to Q4 2004 net revenues of $108,000, principally due to higher royalties earned on increased shipments of Wave software and technology by Wave OEM partners. Wave reported a net loss of $4.5 million, or $0.05 per basic share, for the fourth quarter of 2005, compared to a net loss of $3.0 million, or $0.04 per basic share, in Q4 2004. The year-ago fourth quarter included the benefit of a $1.4 million gain on the sale of marketable securities and a $135,000 charge reflecting an increase in Wave's liability for outstanding warrants containing cash settlement features. The weighted average number of basic shares outstanding in the fourth quarters of 2005 and 2004 was 89,132,000 and 71,793,000, respectively.
    (IHub #112494, 3/14/06)

2006        Mar 17, Wave Systems Corp., a developer of trusted computing solutions and services, announced today that it will present at Dutton Associates' "Recognizing Opportunity"
SmallCap Conference on Tuesday, March 28th. The conference will take place at the St. Regis hotel in San Francisco, with company presentations from 8:30 a.m. to 12:25 p.m. Wave's CEO, Steven Sprague, will make a ten-minute overview presentation which will be available via webcast at www.jmdutton.com. His presentation will be followed by a two break-out sessions  with investment professionals in the afternoon. For more conference information and registration, visit www.jmdutton.com.
    (IHub #113225, 3/17/06)

2006        Mar 29, Wave Systems Corp. announced today that a new version of its software is now shipping with new Dell Latitude notebooks and Dell Precision mobile workstations. Dell will include the Wave software as a standard offering on all Latitude D620 and D820 notebooks and Dell Precision M65 mobile workstations. The computers contain a Trusted Platform Module (TPM), a unique standards-based hardware security chip that handles various security tasks on a computer. This hardware-based solution holds computer-generated keys for encryption, helping avoid attack by hackers looking to capture passwords or steal the encryption keys to access sensitive data stored on PCs. When combined with Wave Systems Embassy Trust Suite software, the TPM performs a variety of business security features, such as system authentication to help ensure only authorized computers can access the network and data.
    (IHub #114904, 3/29/06)

2006        Apr 5, Wave Systems Corp. (WAVX) disclosed Wednesday that it has signed an original equipment-manufacturer software distribution pact with Broadcom Corp. (BRCM) allowing for the distribution of certain of the company's software products. The company said in a document filed with the Securities and Exchange Commission that it will receive a per-unit royalty based on Broadcom's sales of products that are equipped with or include Wave Systems' software technology.
    (IHub #115908, 4/5/06)

2006        Apr 12, RedChip Visibility, a division of RedChip Companies, initiated coverage on Wave Systems, Corp. today. RedChip Research Analyst Lisa Springer issued a Strong Buy rating with a target price of $1.80.
    (IHub #116660, 4/12/06)

2006        Apr 25, WAVX received notification from The Nasdaq Stock Market indicating that for the prior 30 consecutive business days, the bid price of Wave's common stock had closed below the minimum $1.00 per share requirement for continued inclusion under Marketplace Rule 4450(b)(4) (the "Rule"). In accordance with Marketplace Rule 4450(e)(2), Wave was provided 180 calendar days, until April 24, 2006, to regain compliance by having its shares close above $1.00 for a minimum of 10 consecutive trading days. Wave announced today that on April 25th it received written notification from The Nasdaq Stock Market indicating that the Company failed to regain compliance with the $1.00 per share minimum bid requirement for continued inclusion on The Nasdaq National Market under Nasdaq Marketplace Rule 4450(b)(4) (the "Rule"). Under the Nasdaq rules, Wave plans to request an appeal hearing before the Listings Qualifications Panel and expects such hearing to be held within four to six weeks.
    (IHub #118252, 4/25/06)

2006        Apr 26, Wave Systems Corp. (“Wave”) has signed a Software License Agreement with Winbond Electronic Corporation (“Winbond”) permitting the distribution of Wave’s Embassy® Security Center (ESC) and Cryptographic Service Provider (CSP) software technology with Winbond devices that are compliant and compatible with Trusted Platform Module (TPM) specifications. Wave will receive a per-unit royalty based on Winbond’s sales of products that are equipped with or include Wave’s software technology. Although the contract requires an initial pre-payment of royalties, it does not provide for guaranteed minimum or maximum shipped quantities or royalties. This agreement is in addition to Wave’s Licensing Agreement with Winbond (as successor to National Semiconductor Corporation) dated September, 2004.
    (IHub #118406, 4/26/06)

2006        May 1, Notice is hereby given that the 2006 Annual Meeting of Stockholders of Wave Systems Corp. (the “Company”) will be held at 4:00 p.m. on Monday, July 24, 2006 at The New York Helmsley Hotel, 212 East 42nd Street, New York, New York.
    (IHub #119267, 5/1/06)

2006        May 2, Wave Systems Corp. today announced its introduction of the "Embassy® Endpoint Enforcer," a new Wave network security product that is designed to enable third party applications and services to make informed network access decisions by providing protected access to client security metrics.
    (IHub #119339, 5/1/06)

2006        May 3, Wave Systems Corp. announced today that on Wednesday, May 10th, at 4:30 P.M. EDT it will host a webcast/conference call reviewing recent corporate and industry progress as well as Wave's results for the first quarter ended March 31, 2006. Wave's results will be issued after  the market's close that day. WEBCAST/REPLAY: available at http://www.wave.com and archived for 30 days. TELEPHONE: via 212-346-6501 or 415-247-8511. Please call five minutes in advance.
    (IHub #119483, 5/3/06)

2006        May 4, Wave Systems Corp. (NASDAQ: WAVX), a developer of trusted computing solutions and services, announced that it has agreed to sell 6,037,500 shares of its Class A common stock at a price of $0.80 per share for gross proceeds of $4,830,000. The sale is expected to be completed on Friday, May 5, 2006. The net proceeds of the financing - approximately $4.6 million - will be used to fund Wave's ongoing operations and transition from development stage to commercial operations.
    (IHub #119592, 5/4/06)

2006        May 8, Wave Systems Corp. today announced the availability of their Embassy Trust Suite (ETS) version 5.1, which provides a collection of practical, easy-to-use applications for enhanced PC security utilizing the Trusted Platform Module (TPM) security chip. Wave's Embassy software platform provides a number of trusted computing features including advanced authentication with biometrics, smart card authentication, TPM authentication and also includes applications for document protection, password management, digital signatures, TPM management and robust key management.
    (IHub #120185, 5/8/06)

2006        May 10, Wave Systems Corp. today reported results for its first quarter (Q1) ended March 31, 2006 and reviewed recent corporate progress and other developments. Wave's Q1 2006 net revenues rose over five-fold to $493,000, compared to Q1 2005 net revenues of $78,000. This was also an increase over Wave's Q4 2005 net revenues of $348,800. The increase over Q1 2005 net revenues was principally due to higher royalties earned from increased shipments of Wave software by partners as well as an increase in services revenue. For Q1 2006 Wave reported a net loss of $5.0 million, or $0.05 per basic share, including non-cash, share-based compensation expense of $352,000 which was recorded in accordance with the implementation of SFAS 123R for "Share-based Payments," effective January 1, 2006. Wave's Q1 2005 net loss of $4.5 million, or $0.06 per basic share, did not include any SFAS 123(R) expense. The weighted average number of basic shares outstanding in the first quarters of 2006 and 2005 were 97,692,000 and 77,212,000, respectively.
    (IHub #120514, 5/10/06)

2006        May 24, ICT Economic Impact is very excited to announce that they have signed a sales representative agreement with Wave Systems Corp. "Wave Systems is an important player in the Trusted Computing market and Trusted Computing is starting to revolutionize the market of information systems security," says Alexander W. Koehler, CEO of ICT Economic Impact.
    (IHub #122,053, 5/24/06)

2006        Jun 7, Wave Systems Corp. has announced the availability of the EMBASSY Trusted Drive Manager software supporting Seagate Momentus 5400 FDE (Full Disc Encryption) hard drives. EMBASSY Trusted Drive Manager (ETDM) is the newest component of Wave's EMBASSY software products, which provide industry standard-based support for security hardware such as Trusted Platform Modules (TPM) and the Seagate Momentus 5400 FDE hard drives with hardware-based Full Disc Encryption technology. Seagate and Wave have worked together to ensure that their complementary products address the new market opportunities for security and trusted computing in the data protection markets.
    (IHub #122,871, 6/7/06)

2006        Jun 14, Wave Systems Corp. announced today that its President and CEO, Steven Sprague, will provide an overview of Wave and its progress in deploying trusted computing software and services at the Third Annual Rodman & Renshaw Security, Biodefense & Connectivity Investor Conference on Monday, June 19th at 4:10 p.m. EDT. The conference is for institutional investors and other investment professionals and will be held at the St. Regis Hotel in New York City.
    (IHub #123,326, 6/14/06)

2006        Jun 16, WAVX announced that it has filed a preliminary proxy statement with the SEC for a special meeting to be held on July 24, 2006 seeking stockholder approval permitting the board to implement a reverse stock split of Wave's common stock at a ratio of either 1:2, 1:3 or 1:4. As part of its appeal to a Nasdaq Listings Qualifications Panel to remain listed on the Nasdaq National Market, Wave has submitted a plan to implement this reverse stock split for purposes of regaining compliance with that market's $1 minimum closing bid price continued listing requirement.
    (IHub #123,516, 6/16/06)

2006        Jun 20, Wave Systems Corp. today announced that  STMicroelectronics has enhanced its existing license agreement with Wave Systems with the addition of a license for a new suite of EMBASSY(R) security software from Wave Systems for bundling and distribution with ST's Trusted Computing Group (TCG) 1.2 TPM Solution for personal computers. Under the agreement, Wave receives a per-unit royalty (similar to Wave's existing PC OEM agreements) based on ST's shipment volumes of products equipped with this new suite of Wave's EMBASSY(R) security software technology. This royalty would be in addition to the per-unit royalty currently paid to Wave for distribution of the original Embassy security software licensed under the companies' existing Master Software License and Distribution Agreement. The contract does not provide for guaranteed minimum or maximum shipped quantities or royalties.
    (IHub #124,221, 6/20/06)

2006        Jul 5, Wave Systems Corp. announced today that it has executed a software reseller agreement with NTT DATA Corporation of Japan, a leading systems integrator. Pursuant to the agreement NTT DATA will be authorized to resell and provide support services for Wave's EMBASSY(R) Trust Suite technology and solutions for the trusted computing market in Japan, including financial services, government, health care and consumer market segments. Financial details of the agreement were not disclosed. The agreement does not provide for guaranteed minimum or maximum shipped quantities or royalties.
    (IHub #125,514, 7/5/06)

2006        Jul 11, Wave Systems Corp. (WAVX) disclosed Tuesday that it has reached a settlement in principle of all claims asserted by plaintiffs in a pending class-action securities lawsuit. The company said in a filing with the Securities and Exchange Commission that its insurer has agreed to pay the plaintiffs a total of $1.75 million in exchange for the dismissal with prejudice and release of the claims against all defendants.
    (IHub #125,594, 7/12/06)
2006        Jul 11, 2006 Wave Systems Corp. received notice that a Nasdaq Listing Qualifications Panel (the "Panel") has granted Wave's request for continued listing on The Nasdaq Global Market (formerly known as the Nasdaq National Market), subject to certain conditions. The Panel's decision is contingent upon, among other things, Wave's implementation of a reverse stock split to be effected for purposes of regaining compliance with the $1.00 per share minimum bid requirement for continued inclusion on The Nasdaq Global Market under Nasdaq Marketplace Rule 4450(b)(4). On or before July 25, 2006, Wave must inform the Panel that Wave's stockholders have approved a reverse stock split and that the reverse stock split has been implemented. On or before August 8, 2006, Wave's minimum closing bid price must be at least $1 for a minimum period of 10 consecutive trading days.
    (IHub #125,654, 7/12/06)

2006        Jul 17, Wave Systems Corp. announced that it has been selected to provide a server-based e-signature and secure document vaulting solution for Trust Company of America, a specialized provider of custody and back office services to the financial services industry that utilizes advanced technology and responsive client support to provide registered investment advisor custody services, transfer agent and registrar for non-traded REITs and other direct participation programs, self-directed IRA account administration, and secure information processing.
    (IHub #125,800, 7/17/06)

2006        Jul 25, Wave Systems Corp. announced that following shareholder approval at a special meeting held here yesterday, the Company's Board of directors has approved a 1-for-3 reverse split of the Company's Common Stock. The reverse stock split will be in effect at the commencement of trading tomorrow, July 26, 2006, with Wave's Common Stock trading temporarily under the symbol "WAVXD." The reverse split is being implemented for purposes of regaining compliance with the $1.00 per share minimum closing bid price requirement for continued listing on the Nasdaq Global Market (previously known as the Nasdaq National Market). For each three (3) shares held, Wave shareholders will receive in exchange one (1) new share of Wave Systems common stock.
    (IHub #126,245, 7/25/06)

2006        Jul 27, Wave Systems Corp. disclosed Thursday that it amended an existing software license and distribution pact with Intel Corp. The company said in a document filed with the Securities and Exchange Commission that the amendment permits Intel to ship the next version of Wave's Embassy Trust Suite with Intel's new Broadwater 965 Express Chipset-based Intel desktop boards for trusted personal computers. Wave's Embassy Trust Suite 5.1 version is a new collection of applications that leverage the trusted platform module hardware security chip.
    (IHub #126,478, 7/27/06)

2006        Aug 1, Wave Systems Corp. announced today that on Thursday, August 3rd at 4:30 p.m. EDT it will host a webcast/conference call reviewing recent corporate and industry progress as well as Wave's results for the second quarter ended June 30, 2006. Wave's results will be issued after the market's close that day. WEBCAST/REPLAY: available at http://www.wave.com and archived for 30 days. TELEPHONE: via 212-346-6548 or 415-904-7364 .
    (IHub #126,942, 8/1/06)

2006        Aug 2, Wave Systems Corp. announced today that Wave CEO, Steven Sprague, will be presenting at Security Research Associates' 2nd Annual Summer Technology Conference. The conference will be held on Monday, August 7th, 2006 at the St. Francis Hotel in San Francisco. Wave's presentation is currently scheduled for 10:40 a.m. PDT in the Elizabethan Room C. Conference attendees will include a select group of institutional portfolio managers and analysts from across the country.
    (IHub #127,023, 8/2/06)

2006        Aug 3, Wave Systems Corp. today reported results for the second quarter (Q2) and six months ended June 30, 2006 and reviewed recent corporate progress and other developments.
Wave's Q2 2006 net revenues rose over 250% to $910,000, compared to Q2 2005 net revenues of $258,000 and an increase of 85% versus Q1 2006 net revenues of $493,000. The improvement in Q2 2006 net revenues reflected increases in both license and services revenues as compared to Q2 2005 and Q1 2006. The increase in license revenues was principally due to higher royalties earned from increased shipments of Wave software. Services revenue increased versus the year ago and Q1 2006 quarters primarily due to the substantial completion of a service contract for the U.S. government.
    (Ihub #127,225, 8/3/06)

2006        Aug 7, Wave Systems Corp., a developer of trusted computing solutions and services, announced that on Friday, August 4, 2006, it agreed to sell 2,336,752 shares of its Class A common stock at a price of $2.05 per share for gross proceeds of $4,790,342. The net proceeds of the financing - approximately $4.5 million - will be used to fund Wave's ongoing operations. Steven Sprague, CEO of Wave Systems, commented: "This financing helps to solidify our capital position and provides funding needed to support our operations.
    (IHub #127,529, 8/7/06)

2006        Aug 10, Wave Systems Corp. announced today that it has received notification from the Listing Qualifications Panel of The Nasdaq Stock Market of the Panel's decision to continue the listing of Wave's common stock on the Nasdaq Global Market (formerly called the Nasdaq National Market). The decision followed Wave's regaining compliance with Nasdaq Marketplace Rule 4450(b)(4) which requires a minimum bid price of $1.00 per share. Wave completed a 1-for-3 reverse split of its common stock, effective close of business on July 25, 2006, which had the effect of enabling the Company to regain compliance with the $1.00 minimum bid price rule.
    (IHub #127,701, 8/10/06)

2006        Sep 5, Wave Systems Corp. today announced the execution of an amendment to its Software License and Distribution Agreement with Intel(R). The amendment permits Intel(R) to ship the next version of Wave's EMBASSY(R) Trust Suite with Intel's new Intel(R) P965 Express Chipset-based Intel(R) Desktop Boards for trusted personal computers. Wave's EMBASSY(R) Trust Suite (ETS) 5.1 is a new and simplified collection of practical, easy-to-use applications which leverage the Trusted Platform Module (TPM) hardware security chip.
    (IHub #128,618, 9/5/06)

2006        Sep 7, Wave Systems Corp. announced today that its CEO, Steven Sprague, will present at the third-annual Merriman Curhan Ford & Co. Investor Summit on September 19, 2006 from 10:15 a.m. to 10:40 a.m. PDT (1:15 p.m. - 1:40 p.m. Eastern). Wave's presentation will be in the George D. Smith room. This event will be held at the Mark Hopkins InterContinental Hotel in San Francisco. More information about the conference can be found at: www.merrimanco.com.
    (IHub #128,777, 9/7/06)

2006        Sep 11, i2Telecom International, Inc., announced a letter of intent with Wave Systems Corp. setting forth plans to bring added security and a more seamless calling experience to the growing number of subscribers to its ultra-portable, high-quality Voice-over Internet Protocol (VoIP) service. The plans are subject to completion of integration and development work and the negotiation of definitive documentation.
    (IHub #128,912, 9/11/06)

2006        Sep 13, Wave Systems Corp., a leading supplier of security software products and services for Trusted Computing and a founding member of the Trusted Computing Group (TCG), announced plans to extend its EMBASSY® Trust Suite software in support of the newly published TCG security specifications for mobile phones. The announcement of the open, non-proprietary security specifications called Mobile Trusted Module (MTM) came this week at the Cellular Telecommunications & Internet Association Conference in Los Angeles.
    (IHub #129,136, 9/13/06)

2006        Sep 18, Wave Systems Corp. today announced the availability of two new IT security products, introducing EMBASSY(R) Network Access Control and EMBASSY(R) Endpoint Enforcer. EMBASSY Network Access Control is designed to leverage existing network infrastructure and open industry standards for IT control over which PC clients can be used to access a network, locking out unauthorized machines. EMBASSY Endpoint Enforcer (EEE) is an open, standards-based solution designed to work with many network access control solutions. Wave is demonstrating interoperability with the Trusted Computing Group (TCG) protocol known as Trusted Network Connect (TNC). Wave plans to develop a version of EEE that is also interoperable with Microsoft's(R) NAP and Cisco's(R) NAC architecture. EMBASSY Network Access Control (ENAC) is a network security solution designed to lock down the network from unauthorized access and to mitigate many common and damaging network attacks. ENAC is designed to provide strong network access security by leveraging the strong identity features in the Trusted Platform Module (TPM) hardware, a security chip housed on tens of millions of PCs shipping today.
    (IHub #129,367, 9/18/06)

2006        Oct 4, Wave Systems Corp. announced today that Wave CFO, Gerard T. Feeney, will be presenting at The New York Society of Security Analysts' Small Cap Innovators Conference on Thursday, October 5th, 2006 in New York City. Wave's presentation is scheduled for 3:50 p.m. EDT and will made available for replay on the NYSSA website (www.nyssa.org) a few days following the presentation.
    (IHub #130,170, 10/4/06)

2006        Oct 10, Operational Research Consultants, Inc. (ORC) (www.orc.com), a wholly owned subsidiary of WidePoint Corporation (AMEX: WYY) (www.widepoint.com) and Wave Systems Corp. today announced the launch of an enhancement to the federal public key infrastructure (PKI) platform that strengthens the security of ORC's ACES (Access Certificate for Electronic Services) and ECA (U.S. Government External Certificate Authority) certificates.
    (IHub #130,387, 10/10/06)

2006        Oct 23, Wave Systems Corp. announced today that it will conduct demonstrations of its EMBASSY line of software at the Department of Defense (DoD) Public Key Enabling (PKE) forum at the Atlanta Sheraton, Atlanta, Georgia, Oct. 24-25.
    (AP, 10/23/06)

2006        Oct 31, Wave Systems Corp., a developer of trusted computing solutions and services, announced that on Monday, October 30, 2006, it agreed to sell 3,517,230 shares of its Class A common stock at a price of $2.73 per share – the closing price on Friday, October 27th, - for gross proceeds of $9,602,038. The net proceeds of the financing, approximately $9.1 million, will be used to fund Wave’s ongoing operations.
    (IHub #131,964, 10/31/06)

2006        Nov 2, Wave Systems Corp. announced today that on Thursday, November 9th at 4:30 p.m. EST it will host a webcast/conference call reviewing recent corporate and industry progress as well as Wave's results for the third quarter ended September 30, 2006. Wave's results will be issued after the market's close that day. WEBCAST/REPLAY: available at http://www.wave.com and archived for 30 days. TELEPHONE: via 212-231-6010 or 415-537-1888. Please call five minutes in advance.
    (IHub #132,258, 11/2/06)

2006        Nov 6, Wave Systems Corp. announced today that it will demonstrate its EMBASSY line of enterprise security software at the Cartes IT Security trade show, November 7-9, at the Centre des Expositions in Villepinte, France  (www.cartes.com).
    (IHub #132,532, 11/6/06)

2006        Nov 9, Wave Systems Corp. today reported results for the third quarter (Q3) and nine months ended September 30, 2006. Wave’s Q3 2006 net revenues rose over 150% to $846,000, compared to Q3 2005 net revenues of $335,000.
    (Ihub #132,871, 11/9/06)
2006        Nov 9, Wave Systems Corp. announced revenues of $850k with and a loss of .12 per share vs .15 per share a year earlier.
    (WSJ, 11/9/06, p.)

2006        Nov 20, Wave Systems Corp. (NASDAQ: WAVX) today announced that its EMBASSY(R) Trust Suite (ETS) client software family has been thoroughly tested and certified for use on HP business desktop and notebook PCs with a hardware security chip called a Trusted Platform Module (TPM) that integrates the core elements of trust into the subsystem.
    (IHub #133,750, 11/20/06)

2006        Nov 28, eSign Systems, a division of Wave Systems Corp., today announced the launch of electronic signature and electronic vault enhancements to Efficient Forms' industry leading electronic contracting and online insurance application solutions. The new Efficient Contracting Solution and enhanced Efficient Application Solution are available immediately.
    (IHub #134,093, 11/28/06)

2007        Jan 3, Wave Systems Corp. today announced that it has signed a licensing agreement with Deepnet Security, a leading provider of strong, two-factor authentication solutions, to permit Deepnet to arm Deepnet's Smart ID(TM) virtual smart cards with Wave's hardware-based security technology designed to protect users' digital identities.
    (IHub #135,272, 1/3/07)

2007        Jan 8, Wavexpress, a provider of broadband media technology and services, majority-owned by Wave Systems Corp. today announced the release of a new version of its TVTonic(TM) application that is designed to make optimal use of the power of Windows Media Center in Windows Vista and to allow users to watch thousands of their favorite short-form online videos in a broadcast-like viewing experience. This new version, available through Online Media in Windows Media Center on Windows Vista Home Premium and Ultimate Editions, introduces users to the next generation of Internet television and is designed for remote control TV surfing.
    (IHub #135,604, 1/8/07)

2007        Jan 24, Wave Systems Corp. a developer of trusted computing solutions and services, announced today that its CEO, Steven Sprague, will present at the third-annual America's Growth Capital Information Security Conference on Monday, February 5th from 2:45 p.m. to 3:15 p.m. PST. The conference, which is being co-hosted by Soleil Securities, will be held in San Francisco.
    (IHub #136400, 1/24/07)

2007        Jan 31, Wave Systems Corp. today introduced the EMBASSY® Remote Administration Server (ERAS), which is designed to enable enterprise adoption of Trusted Platform Module (TPM) capabilities and deployment of trusted computing within business infrastructure. ERAS is the industry's first solution that can control secure devices from a central server creating a unified trust network for broad, no-touch, deployment and management of TPM hardware security chips.
    (IHub #136,765, 1/31/07)

2007        Feb 1, Wave Systems Corp. (NASDAQ: WAVX; www.wave.com) announced today that Wave executive vice president of marketing and sales, Brian Berger, will be a featured
speaker at the upcoming RSA Conference 2007, February 5-9, at the Moscone Center, San Francisco, Calif. Berger will serve as a speaker in two roles: He will participate in a panel discussion titled "Emerging Solutions in Enterprise IAM: The Amazing NAC Race," on
Tuesday, February 6, as well as offer the stand-alone presentation on Friday, February 9, "Trusted Computing - Not So Futuristic Anymore."
    (IHub #136,892, 2/1/07)

2007        Feb 20, Wave Systems Corp. announced today that Wave CEO, Steven Sprague, will be presenting at Security Research Associates' 3rd Annual Winter Technology & Healthcare Conference. The SRA conference, for institutional investor clients, will be held on Monday, February 26th at the Omni Hotel in San Francisco. Wave's presentation is scheduled for 2:30 p.m. PST in North Beach Room B.
    (IHub #137,819, 2/20/07)

2007        Mar 6, Wave Systems Corp. announced today that on Wednesday, March 14th at 4:30 P.M. EST it will host a webcast/conference call reviewing recent corporate and industry progress as well as Wave's results for the fourth quarter and year ended December 31, 2006. Wave's results will be issued after the market's close that day.
    (IHub #138,614, 3/5/07)

2007        Mar 8, Wave Systems Corp. today announced support for Microsoft's new Windows Vista operating system and compatibility with Wave's latest version of its EMBASSY(R) Trust Suite security software. Wave's software is Windows Vista ready and builds upon the new operating system's data protection feature set, providing EMBASSY full-featured solutions for data protection, strong authentication and interoperable Trusted Platform Module (TPM) system management. A TPM is an industry standard silicon chip that can be used to provide an enhanced level of PC security and user authentication by providing secure storage for keys, passwords and digital certificates.
    (IHub #138,730, 3/8/07)

2007        Mar 14, Wave Systems Corp. today reported results for the fourth quarter (Q4) and year ended December 31, 2006 and reviewed recent corporate progress and developments. Principally reflecting a 155% increase in license revenues in Q4 2006 versus last year, Wave's Q4 2006 net revenues rose to $866,000, compared to Q4 2005 net revenues of $348,000 and Q3 2006 net revenues of $846,000. The improvement in license revenues was principally due to royalties earned from increased shipments of Wave software by Wave's OEM partners. Wave's services revenues in Q4 2006 were $12,000 versus services revenue of $13,000 in the year ago period. For Q4 2006 Wave reported a net loss of $4.8 million, or $0.12 per basic share, including non-cash, share-based compensation expense of $414,268, or $0.01 per basic share, recorded in accordance with the implementation of SFAS 123® for "Share-based Payment," effective January 1, 2006. Wave's Q4 2005 net loss of $4.5 million, or $0.15 per basic share, did not include any share-based compensation expense. Per share figures are based on a weighted average number of basic shares outstanding in the fourth quarters of 2006 and 2005 of 41,054,796 and 29,711,000, respectively. Wave's shares outstanding and loss per share figures for the fourth quarter and full year periods in 2006 and 2005 have been adjusted to reflect the Company's 1-for-3 reverse stock split that went into effect on July 26, 2006.
    (IHub #139,300, 3/14/07)

2007        Mar 15, Wave Systems Corp. today announced the availability of advanced management software delivered on a new generation of Seagate Technology encrypting notebook PC hard drives, enabling a significant step forward in data security for laptops.
New versions of Wave's EMBASSY(R) Security Center including EMBASSY Trusted Drive Manager (ETDM) and the EMBASSY Remote Administration Server (ERAS) software now support Seagate's Momentus 5400 (Full Disc Encryption) FDE.2 hard drive, the latest generation of Seagate's FDE drives based on the company's DriveTrust(TM) technology.
    (IHub #139,504, 3/15/07)

2007        Mar 26, Wave Systems Corp. announced today that it has licensed its eSign Transaction Management Suite (eTMS) for integration into the eFolder of the Encompass® Mortgage Automation System, Ellie Mae Inc.'s first electronically-signed mortgage document solution.
    (IHub #140,272, 3/26/07)

2007        Mar 28, Wave Systems Corp. announced today that it has entered into a license agreement with DigitalPersona, Inc. permitting Wave to incorporate the DigitalPersona(R) Pro Fingerprint Authentication technology into the EMBASSY Trust Suite(R) (ETS) Enterprise Edition product family.
    (IHub #140,409, 3/28/07)

2007        Apr 9, Wave Systems Corp. announced today it will participate in PrecisionIR Group's Security & Defense Online Forum on Tuesday April 10, 2007 at 9:30 a.m. EDT. All interested investors are welcome to participate.
    (AP, 4/9/07)

2007        Apr 16, Wave Systems Corp. today announced the company will showcase the advanced features of its Trusted Computing solutions at key industry events in the U.S. and UK this month. Representatives of the company will demonstrate Wave's EMBASSY® Trusted Drive Manager and Remote Administration Server for simplistic enterprise deployment, use and full remote management of the next generation of full disc encrypting laptop hard drives. In addition, Wave will display its EMBASSY Trust Suite of security applications designed to work with Trusted Platform Module chip-enabled PCs. The company will also showcase the virtual smart card approach to leveraging the Trusted Platform Module chip for hardware-based protection of encryption keys.
    (IHub #141,392, 4/16/07)

2007        Apr 19, Wavexpress, a provider of broadband media technology and services, majority-owned by Wave Systems Corp., today announced general availability of TVTonic(TM) version 3.2, a free offering designed specifically to make optimal use of the power of Windows Media Center and Windows Vista. TVTonic brings the wealth of Internet video into an entertaining and reliable living-room television experience and ushers in a new era of quality for PC viewing of Internet video. The result is a real-time, full-screen viewing experience that can rival standard digital television. For premium content providers and advertisers, TVTonic offers a simple and compelling distribution channel for reaching the millions of Media Center and Xbox systems already deployed.
    (IHub #141,552, 4/19/07)

2007        May 3, Wave Systems Corp. announced today that on Thursday, May 10th at 4:30 P.M. EDT it will host a webcast/conference call reviewing recent corporate and industry progress as well as Wave's results for the first quarter ended March 31, 2007. Wave's results will be issued after the market's close that day.  WEBCAST/REPLAY: available at http://www.wave.com and archived for 30 days. TELEPHONE: via 212-676-5360 or 415-537-1850. Please call five minutes in advance.
    (IHub #143,821, 5/3/07)

2007        May 10, Wave Systems Corp. today reported results for the first quarter (Q1) of 2007 and reviewed recent corporate progress and developments. Principally reflecting an increase in license revenues in Q1 2007 versus last year, Wave's Q1 2007 net revenues increased to $1,287,000, compared to Q1 2006 net revenues of $493,000 and Q4 2006 net revenues of $866,000.
    (IHub #144,359, 5/10/07)

2007        May 11, Wave Systems Corp. (NASDAQ: WAVX) and Winbond Electronic Corp. today announced they have amended their existing licensing agreement to include a license for the latest version of Wave's EMBASSY(R) Trust Suite (ETS) Winbond Edition security software. Under the agreement, Winbond is now permitted to bundle and distribute this security software suite from Wave with all of Winbond's Trusted Platform Module (TPM) 1.2 security chips shipping in personal computers. The agreement does not provide for guaranteed minimum or maximum shipped quantities or royalties.
    (IHub #144,466, 5/11/07)

2007        May 14, Wave Systems Corp. today announced the company will showcase its data protection management software for the new generation of fully encrypting notebook PC hard drives from Seagate Technology and will demonstrate its solutions for strong authentication and establishing machine identity at the Microsoft WinHEC 2007 conference taking place this week in Los Angeles.
    (IHub #144,611, 5/14/07)

2007        May 15, Wave Systems Corp. today announced the company will showcase its data protection management software for the new generation of fully encrypting notebook PC hard drives from Seagate Technology (NYSE:STX) and will demonstrate its solutions for strong authentication and establishing machine identity at the Microsoft WinHEC 2007 conference taking place this week in Los Angeles.
    (IHub #144,726, 5/15/07)

2007        May 24, Wave Systems Corp., a developer of trusted computing solutions and services, announced that it has agreed to sell 7,317,073 shares of its Class A common stock at a price of  2.05 per share, yielding gross proceeds of approximately $15 million. The net proceeds of the financing, approximately $14.2 million, will be used to fund Wave's ongoing operations.
    (IHub #145,092, 5/24/07)

2007        Jul 31, Wave Systems Corp. announced today that on Wednesday, August 8th at 4:30 P.M. EDT it will host a webcast/conference call reviewing recent corporate and industry progress as well as Wave's results for the second quarter ended June 30, 2007. Wave's results will be issued after the market's close that day. WEBCAST/REPLAY: available at http://www.wave.com and archived for 30 days. Phone: via 212-231-6010 or 415-537-1900.
    (IHub #148,545, 7/31/07)

2007        Aug 8, Wave's Q2 2007 net revenues rose to $1,410,000, compared to Q2 2006
net revenues of $910,000. For Q2 2007 Wave reported a net loss of $4,841,000, or $0.11 per basic and diluted share, compared to a Q2 2006 net loss of $4,539,000, or $0.13 per basic and diluted share.
    (IHub #149,021, 8/8/07)

2007        Aug 27, Wave Systems Corp. today announced that its latest edition of EMBASSY® Trust Suite software is shipping with the new series of desktop motherboards from Intel Corporation. Intel® Desktop Boards Executive Series is the fifth generation of Intel boards to include Wave's software.
    (IHub #150,461, 8/27/07)

2007        Sep 4, Wave Systems Corp. today announced it will be conducting demonstrations using its EMBASSY® software to manage security functions for the Trusted Platform Module (TPM) security chips found on many enterprise-class desktop and notebook PCs shipping today. Organizations can immediately address the critical problems of data protection, strong authentication and threats to their existing Network Access Control solutions using Wave's software in conjunction with the TPM.
    (IHub #150,987, 9/4/07)

2007        Sep 18, Wave Systems Corp., a leader in delivering trusted computing applications and services with advanced products, infrastructure and solutions across multiple trusted platforms, today announced it will demonstrate the capabilities of its EMBASSY® technology on a development Intel® vPro(TM) processor technology platform.
    (IHub #151,887, 9/18/07)

2007        Sep 20, Wavexpress, a provider of broadband media technology and services, majority-owned by Wave Systems Corp., today announced the release of a new upgrade to TVTonic(TM) that is designed to allow native playback of QuickTime video within Windows Vista Media Center, the remote controlled media interface in the Microsoft Vista Home Premium and Ultimate platforms. This new upgrade opens up a wealth of video and media content created in QuickTime to Media Center users, whether they choose to tap hundreds of QuickTime video feeds available directly through TVTonic, or choose to play their own content outside of TVTonic (through Media Center's My Videos, for example).
    (IHub #151,987, 9/20/07)

2007        Sep 24, Ping Identity, a market leader in secure Internet single sign-on, and
Wave Systems Corp., a leader in trusted computing applications and services, today announced that they are demonstrating how their respective, standards-based products can be integrated to provide strong multifactor authentication of individual identity and then federate that identity from the desktop to any standards-based Web application. The combined solution can allow enterprise customers to seamlessly achieve stronger user authentication security and single sign-on access to data and services inside and outside the enterprise network.
    (IHub #152,150, 9/24/07)

2007        Oct 3, Wave Systems Corp., today announced a strategic partnership with Convergent Computing, (CCO), a California-based technology services consulting firm for medium and large businesses. Pursuant to the agreement, CCO will advise its clients on the uses and help with the implementation of Wave's EMBASSY(TM) line of trusted computing solutions for data protection, strong authentication, and interoperable Trusted Platform Module (TPM) system management to enterprises in California, Oregon and Washington.
    (IHub #152,582, 10/3/07)

2007        Oct 15,     Members of the Trusted Computing Group (TCG) have elected representatives from Fujitsu Limited, Seagate Technology and Wave Systems Corp. to the organization's board of directors.
    (IHub #153,021, 10/15/07)
2007        Oct 15, eSign Systems, a division of Wave Systems Corp., today announced the availability of SmartSigning Room(TM), an extension of the eSign Transaction Management Suite (eTMS), a software solution that helps enable originators, lenders, document providers, third-party mortgage vendors and other users to create, sign, store, access and manage the lifecycle of legally binding electronic documents. The SmartSigning Room offers users a secure, personal environment to electronically access and legally sign documents online, improving both loan disclosure and modification processes. Wave also announced that DocuTech, Inc., the Idaho Falls-based provider of compliance services and documentation technology for the mortgage industry, has completed integration of SmartSigning Room with its current library of mortgage documents.
    (IHub #153,023, 10/15/07)

2007        Oct 19,    Wave Systems Corp. (NASDAQ: WAVX; www.wave.com) today announced that two of the company’s top executives will share industry expertise alongside fellow Trusted Computing Group (TCG) members in a featured educational seminar at the RSA Conference Europe 2007. The RSA conference will be held from October 22-24, 2007 at ExCel London, U.K. More information is available online at http://www.rsaconference.com/2007/Europe/.
    (IHub #153,255, 10/19/07)

2007        Oct 22,     Wavexpress, a provider of broadband media technology and services, majority-owned by Wave Systems Corp., today announced a new content license with Next New Networks. This license allows Wavexpress to offer a dozen new channels from Next New Networks’ micro-television network on Wavexpress’ Internet television application, TVTonic, giving users access to a total of over 370 channels of online video content. The new channels being added to TVTonic’s lineup include Next New Networks’ full selection of micro-television networks, with content driven and created by the viewers they serve.
    (IHub #153,328, 10/22/07)

2007        Oct 24,     Wavexpress, a provider of broadband media technology and services, majority-owned by Wave Systems Corp., today announced a new content license with The Weather Channel that will give TVTonic viewers the latest weather reports on demand. The Weather Channel will be providing TVTonic with 10 new channels that span both national and regional weather.
    (IHub #153,397, 10/24/07)

2007        Oct 25, Wave Systems Corp. a leader in delivering trusted computing applications and services, and Safend, Inc, a leading provider of data leakage prevention solutions today announced a sales referral agreement. Enterprises deploying technologies from Wave and Safend can benefit from a layered security approach: Wave’s software is designed to manage trusted security hardware to encrypt data and restrict access to corporate information, while Safend’s comprehensive endpoint security solutions can help ensure data does not leave the corporation through unauthorized removal of storage and wireless devices.
    (IHub #153,454, 10/25/07)

2007        Nov 1, Wave Systems Corp., chart, profile, more Last: announced today that on Wednesday, November 7th at 4:30 P.M. EST it will host a webcast/conference call reviewing recent corporate and industry progress as well as Wave's results for the third quarter ended September 30, 2007. Wave's results will be issued after the market's close that day.
WEBCAST/REPLAY: available at http://www.wave.com and archived for 30 days. Phone: via 212-896-6169 or 415-537-1841. Please call five minutes in advance.
    (IHub #153792, 11/1/07)

2007        Nov 7, Wave Systems Corp. reported a net loss of 10 cents per share vs. a 12 cents loss a year earlier. Revenue for the 3rd quarter was 1.73 million.
    (IHub #154,074, 11/7/07)

2007        Nov 13, Wave Systems Corp. today announced the company will showcase its EMBASSY® line of trusted computing solutions at Cartes 2007, November 14-17, at the Paris-Nord Villepinte Exhibition Centre in Paris, France. Wave representatives will be present to conduct demonstrations at the following partner locations: WHERE: Infineon booth #4J002 WHAT: Demonstrations of Wave EMBASSY Trust Suite (ETS); EMBASSY Remote Administration Server (ERAS); and EMBASSY Trusted Drive Manager (ETDM) WHERE: ST Microelectronics booth #4G032 WHAT: EMBASSY Trusted Drive Manager; EMBASSY Trust Suite. Wave will join Infineon with fellow members of the Silicon Trust organization, created by Infineon in 2003 and comprised of other security partners. Attendees will see demonstrations of Wave’s ETS, a collection of practical, easy-to-use applications that can allow enterprises to enhance PC security by utilizing the Trusted Platform Module (TPM), an open standards security chip that serves as a tamper-resistant storage vault for user credentials.
    (IHub #154490, 11/13/07)

2007        Nov 26, Wave Systems Corp., today announced it has completed a reseller agreement with Frontline Technologies Corporation Ltd., a leading IT Services provider in Asia. Under this agreement Frontline is authorized to market and sell Wave’s line of client and server software solutions in the greater Asia Pacific region, as well as advise its clients on the uses of those solutions to strengthen data protection, strong authentication and network access control throughout the client’s enterprise.
    (IHub #154,874, 11/26/07)

2007        Dec 11, Wave Systems Corp., today announced that it has surpassed the 20-million unit mark for shipments of its flagship EMBASSY Trust Suite software, with more than 16 million copies shipped year-to-date by PC OEM partners in 2007. An expanding base of enterprise users can now elect to use this software to improve data protection, implement stronger user and machine authentication, and mitigate hidden threats to network access control protection.
    (IHub #155,669, 12/11/07)
2007        Dec 11, NEC Computers, a subsidiary of NEC Corp., today unveiled new secure laptops with built-in hardware security enabling strong authentication and encryption designed to prevent unauthorized access to laptop information in the event the system or hard drive is lost or stolen… The new data security offering combines the Seagate® Technology (NYSE: STX) Momentus® FDE.2 (Full Disc Encryption) hard drive with DriveTrustTM technology and Wave's EMBASSY® software into an easy-to-use and scalable solution that enables organizations to provide comprehensive data protection and automated compliance auditing for lost, stolen or recycled laptops.
    (http://www.nec-computers.com/News/news.asp?id=133)

2007        Dec 20, Wave Systems Corp. has been named a finalist in the SC Magazine Awards program for outstanding achievement in information-technology (IT) security. The company’s EMBASSY® security management software has been recognized in the Reader Trust Award Best Endpoint Security Solution category of the competition.
    (IHub #156,279, 12/20/07)

2008        Jan 14, Wave Systems Corp. ("Wave" or "the Licensor" ) signed an amendment to its software license agreement with Dell Products, L.P. ("the OEM") extending the term of the agreement to January 2011. Pursuant to the existing agreement, the OEM is permitted to distribute Wave's EMBASSY Trust Suite (ETS) software on certain of its PCs that include Trusted Platform Module security chips.
    (IHub #157,362, 1/14/08)

2008        Jan 28, Jan. 28, 2008--Wave Systems Corp. today announced the availability of its newest version of EMBASSY Remote Administration Server (ERAS), 1.5, its
multi-platform server software that provides centralized administration and management for trusted hardware security throughout the enterprise.
    (IHub #158,094, 1/28/08)

2008        Feb 4, Wave Systems Corp. announced today that Wave CEO, Steven Sprague, will be presenting at Security Research Associates' 4th Annual Winter Technology Conference. The SRA conference, for institutional investor clients, will be held on Monday, February 11th at the Omni Hotel in San Francisco. Wave's presentation is scheduled for 11:30 a.m. PST in North Beach Room B.
    (IHub #158,306, 2/4/08)

2008        Feb 12, Wavexpress, a provider of broadband media technology and services, majority-owned by Wave Systems Corp., today announced a new content license with ON Networks, a leading new media company. The content license will allow Wavexpress to feature five of ON Networks’ entertaining and engaging TV shows in high-definition (HD) in its free Internet television application, TVTonic.
    (IHub #158,637, 2/12/08)

 2008        Mar 3, Wave Systems Corp., a leading developer of trusted computing solutions and services, announced that it has agreed to sell 3,173,500 shares of its Class A common stock at a price of $1.10 per share, yielding gross proceeds of approximately $3.5 million. Investors in the private placement will also receive five-year warrants to purchase an aggregate of 952,050 shares of Wave’s Class A Common Stock for $1.15 per share. The net proceeds of the financing, approximately $3.3 million, will be used to fund Wave’s ongoing operations.
    (IHub #159,851, 3/2/08)
2008        Mar 3, Based upon our current expense forecast, assuming current revenue levels, we estimate that our current available capital (including capital raised in this offering) is sufficient to fund Wave into June 2008. In addition to our efforts to begin to generate revenue sufficient to fund our operations, or complete one or more commercial or strategic transactions, Wave is evaluating additional financing options to generate additional capital in order to continue as a going concern, to capitalize on business opportunities and market conditions and to insure the continued development of our technology, products and services. We estimate, based upon our current forecasts, we will need to generate approximately $12,700,000 from a combination of revenue growth, commercial or strategic transactions and/or additional financings, to continue as a going concern for the twelve-months ending February 28, 2009.
    (IHub #160,038, 3/3/08)

2008        Mar 6, Wave Systems Corp. announced today that on Thursday, March 13th at 4:30 p.m. ET it will host a webcast/conference call reviewing recent corporate and industry progress as well as Wave’s results for the fourth quarter and year ended December 31, 2007. Wave’s results will be issued after the market’s close the same day.
    (IHub #160380, 3/7/08)

2008        Mar 10, LSI Corp today announced that it has signed a definitive agreement to acquire the assets of the hard disk drive semiconductor business of Infineon Technologies AG. The agreement calls for LSI to purchase the assets and IP of the Infineon HDD business, which includes product designs, related software, inventory and test equipment. The transaction is expected to close within 60 days.
    (www.storagesearch.com/news2008-mar2.html)

2008        Mar 13, Wave Systems Corp., today announced that it has completed the qualification and testing of its EMBASSY Trust Suite, including the EMBASSY Trusted Drive Manager software, on Lenovo PCs with Seagate Momentus(R) FDE hard drives, adding Lenovo to the list of its supported OEMs offering robust hardware data protection. Wave's Trusted Drive Manager software, Lenovo Edition, is now available as an option on the ThinkPad R61 series with Seagate Momentus Full Disc Encryption (FDE) hard drives.
    (IHub #160636, 3/13/08)
2008        Mar 13, Wave Systems Corp. today reported Q4 2007 net revenues rose 116% to a record $1,875,000, compared to Q4 2006 net revenues of $866,000. The higher level of license revenues was principally due to royalties earned from a significant increase in the number of bundled shipments of Wave software by OEM partners. Gross profit rose to $1,643,000 in Q4 2007, or a gross profit margin of 88%, compared to gross profit of $656,000 in Q4 2006, or a gross profit margin of 76%, principally reflecting higher sales volumes on fully amortized software costs, offset somewhat by higher customer support costs. Wave reported a Q4 2007 net loss of $5.3 million, or $0.11 per basic share, compared to a Q4 2006 net loss of $4.8 million, or $0.12 per basic share.
    (IHub #160640, 3/3/08)

2008        Mar 17, Wave Systems Corp. announced today that it has licensed its eSign Transaction Management Suite (eTMS) to SigniaDoc for integration into SigniaDoc’s SigNet eDoc Management Solutions. Wave’s trusted electronic signature and vault solutions can now be used to automate SigNet eDoc Management Solutions by eliminating the need for ink signatures, as well as the expense of paper document processing and transportation of mail, overnight delivery, faxes and other types of delivery services utilized today. In addition, Wave’s solutions can eliminate the need to re-key data throughout the mortgage process, resulting in increased efficiency, data integrity and accuracy throughout the mortgage transaction.
    (IHub #161036, 3/17/08)

2008        Mar 25, Wave Systems Corp. a developer of trusted computing solutions and services, announced today that Brian Berger, Wave EVP, marketing and sales, will provide an investment community overview of Wave Systems products and strategy at the fourth annual America's Growth Capital Information Security Conference on Monday, April 7th from 8:30 a.m. to 9:00 a.m. PDT. Gerard Feeney, Wave's CFO and Lark Allen, Wave's EVP, business development, will be available for one-on-one meetings following the presentation. The conference is being presented in cooperation with Soleil Securities Group and will be held at the Hilton San Francisco hotel. Live Webcast: A live audio webcast of Wave's presentation will be available to all investors on Wave's website at http://www.wave.com or via http://www.wsw.com/webcast/agc7/wavx/

2008        Apr 4, Wave Systems Corp. today announced that Steven Sprague, president and CEO, and Brian Berger, executive vice president, marketing and sales, and Trusted Computing Group marketing Co-chair and board member, will present at RSA Conference 2008, one of the security industry’s top annual events. The show takes place April 7-11, at the Moscone Center in San Francisco, Calif.
    (IHub #162,190, 4/4/08)

2008        Apr 7, Wave Systems Corp. today announced it will conduct multiple demonstrations for strong authentication and data protection with its EMBASSY® line of interoperable software for managing hardware security at RSA Conference 2008, April 7-10, at the Moscone Center. Demonstrations will focus on showing available solutions that support the next-generation Intel® Centrino 2 with vPro technology platform (code named Montevina), with an integrated Intel® TPM v. 1.2. In addition, the company will also showcase its capabilities for management of the Seagate Momentus® 5400 FDE.2 line of FDE drives.
    (IHub #162,266, 4/7/08)

2008        Apr 8, Wave Systems Corp. today announced a proof-of-concept solution for ensuring the integrity of data protection hardware. At RSA Conference 2008, Wave will show the Trust-and-Verify Web service, in which a server interrogates computers seeking access to sensitive data in order to verify the status of their Seagate full disk encryption hard drive. Only after this verification step occurs and the level of data protection is deemed adequate, can a PC download requested data. This next-generation solution measures and reports the integrity of a user’s PC, a critical requirement for protecting sensitive information.
    (IHub #162,348, 4/8/08)
2008        Apr 8, Wave Systems Corp. today announced it has completed a reseller agreement with SafeNet, Inc., a global leader in information security. Wave is now authorized to globally market and distribute SafeNet’s ProtectDrive line of software disk encryption products. Wave may also advise clients on the uses of SafeNet’s products in conjunction with its own software to enable both software- and hardware-based data protection throughout the enterprise.
    (IHub #162,350, 4/8/08)

2008        Apr 18,     Notice is hereby given that the 2008 Annual Meeting of Stockholders of Wave Systems Corp. (the "Company") will be held at 4:00 p.m. on Monday, June 9, 2008 at The New York Helmsley Hotel, 212 East 42nd Street, New York, New York.
    (IHub #162,990, 4/18/08)

2008        Apr 29, Wave Systems Corp. today announced that it will demonstrate a Network Access Control (NAC) solution that verifies the presence and state of a full disk encryption hard drive as a prerequisite for network access, assuring that only computers that comply with an organization’s encryption policy are allowed on the network. Wave will also show how standards-based, client PC security hardware can ensure the integrity of the machines on a corporate network, thus extending the capabilities of traditional NAC solutions. The demonstrations will take place at the Trusted Computing Group’s booth (#421) at Interop Las Vegas 2008, located at the Mandalay Bay Convention Center, from April 29-May 2.
    (IHub #163,640, 4/29/08)
2008        Apr 29, Wave Systems Corp. announced that it received a notice today from the Listing Qualifications division of The Nasdaq Stock Market indicating that the Company’s common stock is subject to potential delisting from The Nasdaq Global Market because the market value of the Company’s common stock was below $50 million for 10 consecutive business days, and, therefore, did not meet the requirement set forth in Nasdaq Marketplace Rule 4450(b)(1)(A) (the “Rule”). The notice further stated that the Company is not in compliance with an alternative test, Nasdaq Marketplace Rule 4450(b)(1)(B), which requires total assets and total revenue of $50 million each for the most recently completed fiscal year or two of the last three most recently completed fiscal years.
    (IHub #163,649, 4/29/08)

2008        May 5, Wave Systems Corp. announced that it received notification today from the Listing Qualifications division of The Nasdaq Stock Market indicating that the Company’s Class A Common stock is subject to potential delisting from The Nasdaq Global Market because for the last 30 consecutive business days, the bid price of the Company’s Class A common stock has closed below the minimum $1.00 per share requirement for continued inclusion under Nasdaq Marketplace Rule 4450 (the “Bid Price Rule”). This notice follows the previous notice received by Wave on April 29, 2008 from Nasdaq’s Listing Qualifications division indicating that Wave’s common stock is subject to potential delisting from The Nasdaq Global Market because the market value of Wave’s common stock was below $50 million for 10 consecutive business days, and, therefore, did not meet the requirement set forth in Nasdaq Marketplace Rule 4450(b)(1)(A) (the “Market Value Rule”).
    (IHub #164,066, 5/5/08)

2008        May 6, Wave Systems Corp. announced today that on Monday, May 12th at 4:30 P.M. ET it will host a webcast/conference call reviewing recent corporate and industry progress as well as Wave’s results for the first quarter ended March 31, 2008. Wave’s results will be issued after the market’s close that day. Phone: 212-896-6169 or 415-537-1810.
    (AP, 5/6/08)

2008        May 12, Wave Systems Corp. announced it is participating in Dell’s global “Future of Computing” Road Show, demonstrating the company’s hardware-based data protection solutions with Seagate Technology, LLC. The tour encompasses 149 cities worldwide, with the first leg of the U.S. tour starting May 13, 2008 in Pittsburgh. The European tour began in Berlin on April 22, 2008. The full tour is expected to draw close to 10,000 attendees comprised of IT directors, managers and administrators.
    (IHub #164,464, 5/12/08)
2008        May 12, Wave Systems Corp. today reported results for the first quarter (Q1) of 2008 and provided an update on corporate progress and developments. Reflecting an increase in license revenues, Wave's Q1 2008 net revenues rose 32% to $1.7 million, compared to Q1 2007 net revenues of $1.3 million. Wave's improvement in license revenues was principally due to royalties earned from increased shipments of Wave software by Wave's leading OEM partner. Gross profit for Q1 2008 rose to $1.5 million compared to $1.1 million in Q1 2007, reflecting the higher level of sales.
    (IHub #164,489, 5/12/08)

2008        May 23, Wave Systems Corp., a leading developer of trusted computing solutions and services, announced that it is selling to investors 2,151,250 shares of its Class A common stock at a price of $0.80 per share, yielding gross proceeds of approximately $1.7 million. Investors will also receive three-year warrants to purchase an aggregate of 537,812 shares of Wave’s Class A Common Stock for $0.85 per share. The net proceeds of the financing, approximately $1.6 million, will be used to fund Wave’s ongoing operations.
    (IHub #165346, 5/23/08)

2008        May 30, Wave Systems Corp. announced that it today received notification from The Nasdaq Stock Market indicating that Wave had failed to regain compliance with the Market Value Rule for continued inclusion on The Nasdaq Global Market. Under the Nasdaq rules, Wave plans to request an appeal hearing before the Listings Qualifications Panel and expects such hearing to be held within four to six weeks. However, there can be no assurance that the Panel will grant the Company's request for continued listing. The Company's shares will continue to be listed on The Nasdaq Global Market pending the outcome of the appeal. In the event of an unfavorable determination by the Listing Qualifications Panel, the Company would alternatively apply to have its common stock transferred to The Nasdaq Capital Market, as long as it satisfies the applicable initial listing requirements for such market other than the minimum bid requirement. The Company may also elect to make such application prior to the hearing of the appeal. If such application is approved, Wave may be afforded the remainder of The Nasdaq Capital Market's 180 calendar day compliance period (i.e. until November 3, 2008) in order to regain compliance with the Bid Price Rule.
    (IHub #165,587, 5/30/08)

2008        Jun 2, Wave Systems announced today that it has accepted an invitation from the Trusted Computing Group (TCG) to assume a permanent seat on its Board of Directors, joining permanent members AMD, HP, IBM, Infineon, Intel, Lenovo, Microsoft, Sun and Seagate Technology. Wave has also agreed to elevate its membership status to the highest level of TCG “Promoter.” Permanent members of the TCG Board provide guidance to the organization’s work groups in the creation of the specifications to protect PCs and other computing devices from attacks and to help prevent data loss and theft.
    (IHub #165,633, 6/2/08)

2008        Jun 3, Wave Systems Corp. announced it is participating in Dell's global "Future of Computing" Road Show, demonstrating the company's hardware-based data protection solutions with Seagate Technology, LLC. The tour encompasses 149 cities worldwide, with the first leg of the U.S. tour starting May 13, 2008 in Pittsburgh. The European tour began in Berlin on April 22, 2008. The full tour is expected to draw close to 10,000 attendees comprised of IT directors, managers and administrators.
    (IHub #165,708, 6/3/08)

2008        Jun 16, Wave Systems announced today that it has received notice from the Nasdaq Listing Qualifications Hearings department that it has regained compliance with the Nasdaq Marketplace Rules 4450(b)(1)(A) and 4450 relating to the market value and minimum bid price of the Company’s Class A Common Stock. Because the Company has regained compliance with these rules, a previously scheduled hearing with the Listing Qualifications Panel has been deemed moot and will not be held.
    (IHub #166,321, 6/16/08)

2008        Jun 19, Wave Systems Corp. today announced that its eSign Transaction Management Suite (eTMS) has been authorized by Wells Fargo & Co.'s mortgage division for use by its correspondent lenders as an eDisclosure solution. Wells Fargo's correspondents that have received approval to deliver electronic disclosures may elect to use the SmartSigning Room and SmartSignature applications to streamline electronic mortgage disclosures and help secure customer commitment early in the lending process.
    (IHub #166,460, 6/19/08)

2008        Jun 23, Wavexpress, a provider of broadband media technology and services, majority-owned by Wave Systems Corp., has been selected by NBC Universal, Inc., to develop, host, and support a service for viewing NBC’s coverage of the 2008 Beijing Olympic Games in Microsoft’s Windows Vista Media Center. The announcement was made today by Perkins Miller, Senior Vice President, Digital Media, NBC Sports and Olympics, and Michael Sprague, President of Wavexpress.
    (IHub #166,595, 6/23/08)

2008        Jun 24, An array of prominent names in the high-technology community today announced the formation of a non-profit foundation, The Information Card Foundation, to advance a simpler, more secure and more open digital identity on the Internet, increasing user control over their personal information while enabling mutually beneficial digital relationships between people and businesses.
    (IHub #166,850, 6/24/08)

2008        Jul 1, Wave Systems Corp. a leading developer of trusted computing solutions and services, announced that it is selling to investors 1,880,500 shares of its Class A common stock at a price of $0.85 per share, yielding gross proceeds of approximately $1.6 million. Investors in the offering will also receive three-year warrants to purchase an aggregate of 470,125 shares of Wave's Class A Common Stock for $0.90 per share. The net proceeds of the financing, approximately $1.5 million, will be used to fund Wave's ongoing operations.
    (IHub #167.141, 7/1/08)

2008        Jul 17, Wave Systems Corp. announced that it received a notice today from the Listing Qualifications division of The Nasdaq Stock Market indicating that the Company’s common stock is subject to potential delisting from The Nasdaq Global Market because the market value of the Company’s common stock was below $50 million for 10 consecutive business days, and, therefore, did not meet the requirement set forth in Nasdaq Marketplace Rule 4450(b)(1)(A) (the “Rule”). The notice further stated that the Company is not in compliance with an alternative test, Nasdaq Marketplace Rule 4450(b)(1)(B), which requires total assets and total revenue of $50 million each for the most recently completed fiscal year or two of the last three most recently completed fiscal years.
    (Ihub #167,949, 7/17/08)

2008        Jul 21, Wavexpress, a provider of broadband media technology and services, majority-owned by Wave Systems Corp., today announced a partnership with YuMe, the first dedicated advertising network created and optimized for broadband video. The agreement integrates YuMe’s ad management platform into TVTonic, Wavexpress’s free Internet television service.
    (Ihub #168,030, 7/21/08)

2008        Aug 11, Wave Systems Corp. (NASDAQ: WAVX), a leading developer of trusted computing solutions and services, announced that it is selling to investors 1,368,333 shares of its Class A common stock at a price of $0.60 per share, yielding gross proceeds of approximately $821,000. Investors in the offering will also receive three-year warrants to purchase an aggregate of 342,083 shares of Wave's Class A Common Stock for $0.65 per share. The net proceeds of the financing will be used to fund Wave's ongoing operations.
    (Ihub #169,328, 8/11/08)
2008        Aug 11, Wave Systems Corp. today reported results for the second quarter (Q2) and six months ended June 30, 2008 and reviewed recent corporate progress and developments. Reflecting an increase in license revenues, Wave’s Q2 2008 net revenues rose 41% to $1,985,000, compared to Q2 2007 net revenues of $1,410,000, and Q1 2008 net revenues of $1,699,000. The improvement in license revenues was principally due to increased royalties from shipments of Wave software by OEM partners as well as from initial growth in software license upgrades.
    (Ihub #169,342, 8/11/08)

2008        Aug 12, WAVX announced that it received notification today from the Listing Qualifications division of The Nasdaq Stock Market indicating that the Company's Class A Common stock is subject to potential delisting from The Nasdaq Global Market because for the last 30 consecutive business days, the bid price of the Company's Class A common stock has closed below the minimum $1.00 per share requirement for continued inclusion under Nasdaq Marketplace Rule 4450 (the "Bid Price Rule").
    (Ihub #169,515, 8/12/08)

2008        Aug 13, Toshiba Storage Device Division (SDD), an industry pioneer in small form factor hard disk drives (HDDs), and Wave Systems Corp., a leader in trusted computing applications and services, today announced an alliance to develop a robust standards-based solution for the secure encryption of data on mobile computing platforms, such as laptop PCs.
    (Ihub #169,536, 8/13/08)

2008        Aug 18, Wave Systems Corp. will demonstrate how enterprises can strengthen and simplify their existing wireless and virtual private network (VPN) security by harnessing the built-in technology on platforms featuring Intel(R) vPro(TM) technology. This demonstration will illustrate how enterprises can reduce expenses relating to tokens, smart cards or complex authentication schemes by deploying PC platforms with Intel(R) vPro(TM) technology in combination with Wave's EMBASSY(R) software.
    (Ihub #169,784, 8/18/08)

2008        Aug 19, Toshiba Storage Device Division (SDD), a division involved in small form factor hard disk drives (HDDs), and Wave Systems Corp., a company involved in computing applications and services, announced an alliance to develop a standards-based solution for the encryption of data on mobile computing platforms such as laptop PCs. According to company officials, the full disk encryption solution integrates Toshiba's HDD encryption technology and an enhanced version of Wave's EMBASSY Trusted Drive Manager and Remote Administration Server products for the management and administration of encrypting hard drives.
    (Ihub #169,862, 8/19/08)
2008        Aug 19, Wave Systems Corp. announced that it today received notification from the Nasdaq Stock Market indicating that Wave had failed to regain compliance with the Market Value Rule for continued inclusion on The Nasdaq Global Market. Under the Nasdaq rules, Wave plans to request an appeal hearing before the Listings Qualifications Panel and expects such hearing to be held within four to six weeks.
    (Ihub #169,878, 8/19/08)

2008        Aug 20, Wave Systems Corp. announced today that it will demonstrate a pre-production data theft protection and remote, out-of-band management solution for platforms with Intel(R) vPro(TM) technology for enterprise and small to-mid-sized businesses (SMB). Wave will showcase pre-production management and data protection capabilities for platforms with Intel(R) Anti-Theft Technology--advanced, integrated hardware-based security technology--using Wave EMBASSY Remote Administration Server (ERAS) and its client EMBASSY Trusted Drive Manager (TDM). Demonstrations will take place at Wave's kiosk in the Pro Zone.
    (Ihub #169,883, 8/20/08)

2008        Sep 12, Wave Systems Corp., a leading developer of trusted computing solutions and services, announced that it is selling to investors 172 shares of newly designated 8% Series I Convertible Preferred Stock at a price of $4,400 per share, yielding gross proceeds in the amount of $756,800. The net proceeds of the financing will be used to fund Wave’s ongoing operations.
    (Ihub #170,944, 9/12/08)

2008        Sep 30, Wave Systems Corp., a leading developer of trusted computing solutions and services, announced that it is selling to investors 48 shares of 8% Series I Convertible Preferred Stock at a price of $4,400 per share, yielding gross proceeds in the amount of $211,200. The net proceeds of the financing will be used to fund Wave’s ongoing operations.
    (Ihub #171,471, 9/30/08)

2008        Oct 14, Wave Systems Corp. (NASDAQ: WAVX) recently completed a license agreement with Acer, permitting the world's third-largest PC vendor to bundle an OEM edition of its EMBASSY(R) Trust Suite (ETS) software with Acer's new Veriton(TM) 670 line of business desktop PCs.
    (Ihub #171,854, 10/14/08)

2008        Oct 20, Wave Systems Corp. today announced enhancements to its electronic signature and vaulting software, offering mortgage lenders a complete solution from origination to closing that can address many critical shortcomings of traditional paper processing. With the latest enhancements to eTMS, lenders can now securely deliver, track and sign disclosure documents electronically. Closing documents can be signed and notarized in a secure environment and the note then registered through MERS, the industry endorsed system for electronically tracking mortgage ownership and servicing rights.
    (Ihub #172,043, 10/20/08)

2008        Oct 23, Wave Systems announced that it recently completed a license agreement with Acer, permitting the PC vendor to bundle an OEM edition of its Embassy Trust Suite (ETS) software with Acer's Veriton 670 line of business desktop PCs. The first shipments of the Acer desktops with ETS are expected to begin this quarter and include a motherboard featuring a Trusted Platform Module (TPM) that is integrated with the Intel chipset branded the iTPM. This built-in hardware strengthens PC security and alleviates vulnerabilities found in software security through enhanced capabilities such as safe storage for user credentials and encryption keys.
    (Ihub #172,164, 10/24/08)

2008        Oct 31, Wave Systems Corp. (NASDAQ: WAVX), a leading developer of trusted computing solutions and services, announced that it is selling to investors a total of 111 shares of Series J Convertible Preferred Stock at a price of $6,500 per share, yielding gross proceeds in the amount of $721,500. Additionally, for each share of Series J Convertible Preferred Stock purchased, the investor will also receive warrants to purchase 20,000 shares of Class A common stock at an exercise price of $0.40 per share. The warrants are exercisable for five years beginning on the date of the initial issuance of the warrants.
    (Ihub #172,318, 10/31/08)

2008        Nov 3, Wave Systems Corp. announced today that an OEM version of its EMBASSY(R) Trust Suite (ETS) is now bundled with motherboards featuring Intel(R) vPro(TM) technology with an integrated Trusted Platform Module (iTPM). The Intel(R) Desktop Boards DQ45CB and DQ45EK are designed for PCs manufactured primarily by white box distributors, providing users with embedded hardware for improved data protection and strong, multi-factor authentication for network access.
    (Ihub #172,377, 11/3/08)

2008        Nov 4, Wave Systems announced today that on Monday, November 10th at 4:30 P.M. EST it will host a webcast/conference call reviewing recent corporate and industry progress, as well as Wave's results for the third quarter ended September 30, 2008. Wave's results will be issued after the market's close that day.  TELEPHONE: via 212-231-2900 or 415-226-5363. WEBCAST/REPLAY: available at; http://www.wave.com/news/webcasts and archived for 30 days.
    (Ihub #172,460, 11/3/08)

2008        Nov 10, Wave Systems Corp. today announced the availability of enhanced versions of EMBASSY Trust Suite, including Trusted Drive Manager, which incorporate support for the new Momentus FDE 7200RPM and 5400RPM self-encrypting drives from Seagate Technology LLC, the storage leader's largest-capacity and fastest hardware-based Full Disk Encryption (FDE) drives to date. In addition, the new versions of Wave's industry-leading trusted computing software being shipped by Dell include support for secure Windows Standby mode, pre-boot authentication, single sign-on and Windows password synchronization.
    (Ihub #172,557, 11/10/08)
2008        Nov 10, Wave Systems Corp. today reported results for the third quarter (Q3) and nine months ended September 30, 2008 and reviewed recent corporate progress and developments. Wave's Q3 2008 net revenues rose 6% to $1,835,000, compared to Q3 2007 net revenues of $1,734,000, reflecting increased bundled software royalties, as well as growth in contribution from software license upgrades.
    (Ihub #172,579, 11/10/08)

2008        Nov 17, Fujitsu Computer Products of America, Inc., a leading supplier of innovative computer products including hard disk drives, peripherals and biometric security solutions, today announced that it will be showcasing its full disk encryption (FDE) hard disk drive (HDD) at the Network World IT Roadmap Conference & Expo in San Francisco on November 17. For the past year, Fujitsu has been working closely with independent software vendors like Wave Systems Corp. (Nasdaq: WAVX) to build sophisticated features into its FDE solution.
    (Ihub #172,891, 11/17/08)

2008        Dec 1, Wavexpress, majority-owned by Wave Systems Corp., announced today that it has suspended its TVTonic consumer media service and is exploring opportunities to sell or license its technology to third parties that may provide "download and play" services. Steven Sprague, president and CEO of Wave Systems, commented, "Given today's difficult economic climate, we believe that we need to focus our resources on Wave's core security solutions business and that we can no longer fund Wavexpress' operations at current levels. Wavexpress' suspension of its TVTonic service will result in material reductions in staffing, infrastructure and other costs that have historically been funded by Wave."
    (Ihub #173,206, 12/1/08)

2008        Dec 9, Wave Systems Corp. announced today that it received notification from the Nasdaq Hearings Panel that shares of the company's common stock will be transferred from the NASDAQ Global Market to the NASDAQ Capital Market, effective with the opening of trading tomorrow, Wednesday, December 10, 2008. Wave's common stock will continue to trade under the ticker symbol "WAVX."
    (Ihub #173,380 12/9/08)

2008        Dec 26, Wave Systems Corp., a leading developer of trusted computing solutions and services, announced that it is selling to investors a total of 456 shares of newly designated 8% Series K Convertible Preferred Stock at a price of $2,800 per share, yielding gross proceeds in the amount of $1,276,800. Each share of Series K Convertible Preferred Stock will be convertible into 10,000 shares of Wave Class A common stock upon the election of the holder at any time or automatically on the date on which the average closing price per share of Wave Class A common stock for the 15 consecutive trading day period then ended equals or exceeds $0.70. In the aggregate, the Series K Convertible Preferred Stock is convertible into 4,560,000 shares of Wave's Class A common stock. Dividends will accrue at 8% per annum and will be paid in cash semi-annually. Additionally, for each share of Series K Convertible Preferred Stock purchased, the investor will also receive warrants to purchase 2,500 shares of Class A common stock at an exercise price of $0.28 per share. The warrants are exercisable for three years beginning on the date of the initial issuance of the warrants.
    (Ihub #173,828, 12/26/08)

2009        Jan 22, Wave Systems Corp. has been awarded a $748,640 contract by a United States Department of Defense agency. Under the contract, Wave will provide consulting services in connection with a study to evaluate the implementation of trusted computing solutions for the government. The term of the project is expected to be six months.
    (Ihub #174,386, 1/22/09)

2009        Jan 27, WAVX today announced its support for a new industry specification to enable stronger data protection and help organizations comply with increasingly tough regulations aimed at preventing a data breach. The first public version of the Trusted Computing Group's Opal security subsystem storage specification was announced today, giving vendors a "blueprint" for developing self-encrypting drives that secure data. Wave has developed or is working on Opal-compliant FDE solutions with Fujitsu, Toshiba and Hitachi, along with its currently shipping FDE solution with Seagate.
    (Ihub #174,601, 1/27/09)

2009        Feb 9, Wave Systems Corp. announced today that it received notice from the NASDAQ Stock Market confirming that the market value of the company's Class A common stock has been above $35 million for ten consecutive trading days, in compliance with the rules governing continued listing on the NASDAQ Capital Market.
    (Ihub #175,172, 2/9/09)

2009        Mar 5, Wave Systems Corp. reported today on preliminary unaudited results for its 2008 fourth quarter and full year ended December 31, 2008. Based on the company's preliminary unaudited financial results, Wave's Q4 2008 net revenues are expected to be approximately $3.3 million, compared to Q4 2007 net revenues of $1.9 million and Q3 2008 net revenues of $1.8 million. For the full year of 2008, net revenues are expected to be approximately $8.8 million, compared to 2007 net revenues of $6.3 million.
    (Ihub #175,785, 3/5/09)

2009        Mar 12, Wave Systems a leading developer of PC security software and services, today reported results for the fourth quarter (Q4) and year ended December 31, 2008 and reviewed recent corporate progress and developments. Wave's Q4 2008 net revenues rose 75% to $3,291,000, compared with Q4 2007 net revenues of $1,875,000, reflecting increased software royalties, as well as growth in software license upgrades. For the full year 2008, net revenues grew 40% to $8,810,000, compared to 2007 net revenues of $6,307,000. Wave's Q4 2008 net loss attributable to common stockholders after accounting for the accretion of a non-cash beneficial conversion feature on the Series J and Series K convertible preferred stock issuances during the quarter was $3,952,000, or $0.07 per basic and diluted share, compared with a Q4 2007 net loss attributable to common stockholders of $5,288,000, or $0.11 per basic and diluted share, and a Q3 2008 net loss attributable to common stockholders of $5,605,000, or $0.10 per basic and diluted share. Per-share figures are based on a weighted average number of basic shares outstanding in the fourth quarters of 2008 and 2007 of 58,708,000 and 49,699,000, respectively, and 57,896,000 for Q3 2008.   
    (Ihub #176,139, 3/12/09)

2009        Mar 16, Wave Systems Corp., a leading developer of trusted computing solutions and services, announced that it is selling to investors 785,000 shares of its Class A common stock at a price of $0.55 per share, yielding gross proceeds of $431,750. Investors in the offering will also receive three-year warrants to purchase an aggregate of 392,500 shares of Wave's Class A Common Stock for $0.55 per share. The net proceeds of the financing will be used to fund Wave's ongoing operations.
    (Ihub #176,359, 3/16/09)

2009        Apr 9, Wave Systems Corp., a leading developer of trusted computing solutions and services, announced that it is selling to investors 1,881,136 shares of its Class A common stock at a price of $0.55 per share, yielding gross proceeds of $1,034,625. Investors in the offering will also receive three-year warrants to purchase an aggregate of 940,568 shares of Wave's Class A common stock for $0.55 per share. The net proceeds of the financing will be used to fund Wave's ongoing operations. WAVX announced today that it will be demonstrating its comprehensive solution for managing a wide range of embedded hardware security for PCs, including the new self-encrypting hard drives from leading drive vendors, at the Wave booth (#1039) during the RSA Conference, April 20-24. Wave offers robust, cross-platform management for all Opal-compliant and commercially available self-encrypting hard drives.
    (Ihub #177,036, 4/9/09)(Ihub #177,039, 4/9/09)

2009        Apr 16, Wave Systems and Samsung announced today new self-encrypting solid state drives that automatically encrypt information as it is saved to the drive, “an industry first” for SSDs, the companies say. While full disk encryption is a standard feature on typical HDDs, SSDs are a different story. Samsung’s drives — which come in 256-, 128- and 64 GB flavors — are bundles with Wave’s EMBASSY management software and “are now available through at least one major OEM,” which some say is Dell.
    (Ihub #177,157, 4/16/09)

2009        Apr 22, TCG is delighted to announce that it is putting in place a formal TCG Certification Program for TPM. TCG will publish a certified products list on the TCG website, providing a reference for customers to help ensure security and correctness of TPM implementations. Based on feedback from our membership, TCG believes that the certification "seal of approval" will also help companies market their products, since many buyers look for some type of certification when evaluating vendors.
    (Ihub #177,347, 4/22/09)

2009        May 4, Wave Systems Corp. announced today that on Monday, May 11th at 4:30 p.m. ET it will host a webcast/conference call reviewing recent corporate and industry progress, as well as Wave's results for the first quarter ended March 31, 2009. Wave's results will be issued after the market's close that day.
    (Ihub #177,662, 5/4/09)

2009        May 11, Wave Systems Corp. today reported results for the first quarter (Q1) ended March 31, 2009 and reviewed recent corporate progress and developments. Wave's Q1 2009 net revenues rose 137% to $4.0 million, compared with Q1 2008 net revenues of $1.7 million and Q4 2008 net revenues of $3.3 million, principally reflecting increased bundled software royalties as well as higher services revenue related to a contract with the U.S. government.
    (Ihub #177,875, 5/11/09)

2009        May 21, Wave Systems Corp. announced today that it has named Admiral Bobby R. Inman, USN (Ret.), as an Advisor to the Company's Board of Directors, with the title of Advisory Director. Wave looks to Admiral Inman's decades of experience to support the Company's strategy and business development efforts across a range of target markets including government, military, education, technology and energy.
    (Ihub #178,239, 5/21/09)

2009        Jun 15, Wave Systems Corp. announced today that it has received notice from the NASDAQ Stock Market stating that, because the closing bid price of its Class A common stock has been at or above $1.00 per share for at least 10 consecutive trading days, it has regained compliance with the minimum bid price rule enumerated in NASDAQ Listing Rule 5550(a)(2). Also, as a result of the 15-day average of the closing bid price of its Class A Common Stock exceeding $1.00 on June 9, 2009, all of the outstanding shares of Wave's Series J convertible preferred stock (issued in October 2008) automatically converted into Class A Common Stock in accordance with the terms of the Certificate of Designations for the Series J convertible preferred stock.
    (Ihub #179,523, 6/15/09)

2009        Jul 17, Wave Systems Corp., a leading developer of trusted computing solutions and services, announced that it is selling to investors 3,448,042 shares of its Class A common stock at a price of $0.92 per share, yielding gross proceeds of $3,172,199. Investors in the offering will also receive warrants to purchase an aggregate of 1,724,024 shares of Wave's Class A common stock for $1.155 per share. The warrants will be exercisable for a five-year period beginning on the sixth-month anniversary of the date of issuance. The net proceeds of the financing will be used to fund Wave's ongoing operations. ROTH Capital Partners acted as placement agent in connection with the offering. The shares and the shares underlying the warrants in this offering are being issued under a $25 million shelf registration statement declared effective by the Securities and Exchange Commission on June 23, 2008. A prospectus supplement related to the public offering will be filed with the Securities and Exchange Commission.
    (Ihub #180,45, 7/19/09)

2009        Jul 22, Wave Systems Corp. , a leading developer of trusted computing solutions and services, announced that it is selling to investors 1,791,738 shares of its Class A common stock at a price of $0.92 per share, yielding gross proceeds of $1,648,400. Investors in the offering will also receive warrants to purchase an aggregate of 895,868 shares of Wave's Class A common stock for $1.155 per share. The warrants will be exercisable for a five-year period beginning on the sixth-month anniversary of the date of issuance. The net proceeds of the financing will be used to fund Wave's ongoing operations. This transaction is in addition to, and pursuant to the same terms as, the $3,172,199 transaction announced by Wave on July 17, 2009. The total amount being raised in the two transactions is $4,820,599.
    (Ihub #180,639, 7/22/09)

2009        Jul 23, eSignSystems, a division of Wave Systems Corp. has been named to Mortgage Technology magazine's elite "Top 50 Service Providers" list, recognizing eSign for its contributions to the burgeoning electronic mortgage space. eSign enables organizations to manage electronic mortgage transactions and business processes entirely online for greater efficiency and security.
    (Ihub #180,678, 7/22/09)

2009        Jul, David Collins recommended that Wave move to Roth Capital, a larger firm with research and conferences, to provide it more visibility. Wave used Roth Capital for around $5M in funding in July 2009. That was the final capital raise for Wave until the ATM launch in January 2012.
    (AB #8,358, 4/20/12)

2009        Aug 3, Wave Systems Corp. announced today that on Monday, August  10th at 4:30 p.m. EDT it will host a webcast/conference call reviewing recent corporate and industry progress, as well as Wave’s results for the second  quarter ended June 30, 2009. Wave’s results will be issued after the market’s close that day. Phone: via 212-231-2921 or 415-226-5360.  Please call five minutes in advance.
    (Ihub #180,819, 8/3/09)

2009        Aug 10, Wave Systems Corp. today reported results for the second quarter (Q2) ended June 30, 2009 and reviewed recent corporate progress and developments. Principally reflecting higher bundled software royalties, services revenue related to a U.S. government contract that was largely completed during the period and increased software upgrade sales, Wave's Q2 2009 net revenues rose 142% to $4.8 million, compared with Q2 2008 net revenues of $2.0 million and Q1 2009 net revenues of $4.0 million. Total billings for Q2 2009 grew 107% to $4.6 million, compared to Q2 2008 total billings of $2.2 million.
    (Ihub #180,977, 8/10/09)

2009        Sep 9, Wave Systems Corp. announced today its support of the first open identity pilot program aimed at enabling members of the public and businesses to register and participate in government websites without creating new user names and passwords. Wave joins Yahoo!, PayPal, Google, Equifax, AOL, VeriSign, Acxiom, Citi and Privo in supporting this new pilot program as digital identity providers offering solutions based on OpenID and Information Card technologies. The Center for Information Technology, National Institutes of Health, U.S. Department of Health and Human Services and related agencies will participate in
the pilot program. Wave and the other participating companies are being certified under the open trust frameworks developed by the OpenID Foundation and the Information Card Foundation and reviewed by the federal government. A joint announcement by both foundations was issued earlier today to coincide with the first day of the Gov 2.0 Summit in Washington, D.C.
    (Ihub #181,869, 9/9/09)

2009        Sep 15, Wave Systems Corp. announced today the launch of id.wave.com, a new identity service that enables strong authentication and single sign-on to Web services and applications in the "cloud." The service is available in beta form and will be demonstrated to prospective partners and industry insiders at this week's Digital ID World Conference in Las Vegas, Sept. 15-16.
    (Ihub #182,073, 9/15/09)

2009        Sep 16, Wave Systems Corp. announced that on September 15, 2009, it received notification from the Listing Qualifications Department of The Nasdaq Stock Market indicating that the Company’s Class A Common Stock is subject to potential delisting from The Nasdaq Capital Market because, for a period of 30 consecutive business days, the bid price of the Company’s Class A Common Stock has closed below the minimum $1.00 per share requirement for continued inclusion under Nasdaq Marketplace Rule 5550(a)(2) (the “Bid Price Rule”).
    (Ihub #182,110, 9/16/09)

2009        Sep 21, Wave Systems Corp. announced today that it will demonstrate remote, out-of-band management of self-encrypting drives using its client and server software with Intel vPro technology -- an advance that is designed to streamline the deployment and management of the new generation of self-encrypting hard drives. The solution is designed to allow a secure network unlock of the drives automatically by an administrator -- regardless of whether the PC is powered on or not, and independent of the operating system.
    (Ihub #182,240, 9/21/09)

2009        Sep 30, Wave Systems Corp., a leading provider of enterprise software for embedded hardware security, has been selected by NCI Information Systems, Inc. (NCI) as a subcontractor for the U.S. General Services Administration (GSA) Alliant prime contract. Alliant is a Government-Wide Acquisition Contract (GWAC) that provides federal government agencies an efficient resource to acquire technology solutions worldwide.
    (Ihub #182,586, 9/30/09)

2009        Oct 13, Wave Systems Corp. today announced that the company's Chief Financial Officer, Gerard T. Feeney, will be presenting at Security Research Associates' Growth Stock Conference. The conference will be held on Monday, October 19th at the Omni Berkshire Place Hotel in New York, New York. Mr. Feeney's presentation is slated for 2:30 p.m. ET.
    (Ihub #182,988, 10/13/09)

2009        Oct 14, Wave Systems Corp., a Dell security solutions partner, will join the PC OEM at its booth at GITEX Technology Week 2009, October 18-22. Held at the Dubai International Convention and Exhibition Centre, GITEX is one of the world’s largest information technology exhibitions—and the largest of its kind in the region, attracting 120,000 visitors in 2008.
    (Ihub #183,063, 10/14/09)

2009        Oct 15, Wave Systems Corp. announced today that Executive Vice President Brian Berger will speak at RSA Europe '09 Conference, October 20-22, at Hilton London Metropole Hotel. Berger's session will explore the solutions and benefits of trusted computing for establishing end-to-end enterprise security.
    (Ihub #183,079, 10/15/09)

2009        Oct 26, Wave Systems Corp. has been awarded a $1,600,000 contract by a United States Department of Defense agency. Under the contract, Wave will provide consulting services in connection with a study to evaluate the implementation of trusted computing solutions for the government. The term of the project is expected to be approximately seventeen months.
    (Ihub #183,366, 10/26/09)

2009        Oct 28, Wave Systems Corp. today announced that Steven K. Sprague, President and CEO, and Gerard T. Feeney, Chief Financial Officer, will present at the TechAmerica "AeA" Financial Conference in San Diego.  The presentations will take place on Tuesday, Nov. 3 at the Marriott San Diego Hotel & Marina beginning at 8:30 a.m.
    (Ihub #183,366, 10/26/09)

2009        Oct 30, Wave Systems Corp. announced today that on Monday, November 9th at 4:30 p.m. EST it will host a webcast/conference call reviewing recent corporate and industry progress, as well as Wave’s results for the third quarter ended September 30, 2009. Wave’s results will be issued after the market’s close that day.
    (Ihub #183,556, 10/30/09)

2009        Nov 9, Wave's Q3 2009 net revenues rose 164% to $4.8 million, compared with Q3 2008 net revenues of $1.8 million. Q3 '09 net revenues rose 1% over Q2 '09 due to a 7% increase in licensing revenue that more than offset a decline in services revenue related to the completion of a government contract in Q3 '09. Total billings for Q3 2009 grew 13% to $5.2 million compared to Q2 '09 and grew 126% as compared to Q3 '08. Wave's Q3 '09 net loss was $479,000, or $0.01 per basic and diluted share, compared with a Q3 '08 net loss of $5.6 million, or $0.10 per basic and diluted share, and Wave's Q2 2009 net loss of $344,000, or $0.01 per basic and diluted share. Per-share figures are based on a weighted average number of basic shares outstanding in the third quarters of 2009 and 2008 of 71.8 million and 57.9 million, respectively, and 66.4 million in the second quarter of 2009.
    (Ihub #183,804, 11/9/09)

2009        Nov 13, Wave Systems Corp. announced today that it has formed a European Advisory Board with the appointment of Harry Renwick and Jan Dauman, both of whom have substantial bases of experience and relationships in the field of technology, as its charter members. Peter Sprague, Wave's founder, will act as Chairman of, and Wave's liaison to, the European Advisory Board. Mr. Sprague was Chairman of Aston Martin in the UK and has had extensive international experience during his 30 years as Chairman of National Semiconductor. The Advisory Board's charter is to work to raise the profile of Wave Systems and its hardware-based security solutions across Europe, and to support the company's business development in the region.
    (Ihub #183,989, 11/13/09)

2009        Nov 13, Wave Systems Corp. and Hewlett-Packard Company entered into a reseller agreement that permits HP to distribute and sell Wave’s software products through HP channels.
    (Ihub #184,214, 11/17/09)

2009        Nov 17,  Wave Systems Corp. announced today that it has signed a license agreement that permits HP to offer Wave’s security solutions on a resale basis through HP’s Software Licensing and Management Solutions (SLMS)/Third Party Solutions (3PS) Group.
    (Ihub #184,268, 11/17/09)

2009        Nov 23, Wave Systems Corp. today announced that it ranked number 50 on Deloitte's 2009 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. In 2008 Wave ranked number 74 on Deloitte's Technology Fast 500?. Rankings for 2009 are based on percentage of fiscal year revenue growth over five years, from 2004-2008. Wave's revenue grew 4,115% during this period.
    (Ihub #184,457, 11/23/09)

2009        Dec 1, Wave Systems Corp. announced today that it has received notice from the NASDAQ Stock Market stating that, because the closing bid price of its Class A common stock has been at or above $1.00 per share for at least 10 consecutive trading days, it has regained compliance with the minimum bid price rule enumerated in NASDAQ Listing Rule 5550(a)(2).
    (Ihub #184,735, 12/1/09)

2009        Dec 21, Wave Systems Corp., a leading provider of enterprise security software, has joined Transglobal Secure Collaboration Program (TSCP) in the silver membership category. Wave is the latest organization to recognize the role TSCP plays in developing and deploying secure information sharing solutions in highly sensitive environments and commit to contributing to the integration and adoption of TSCP standards.
    (Ihub #185,229, 12/21/09)

2010        Jan 5, Wave Systems Corp. today announced that it has received a series of significant license and maintenance orders for its EMBASSY(R) Remote Administration Server (ERAS) software for a U.S.-based automotive company for managing its worldwide employees' laptop computers equipped with hardware-based, self-encrypting drives for the protection of sensitive customer, financial, competitive and other confidential data.
    (Ihub #185,628, 1/5/10)

2010        Jan 7, Wave Systems Corp. today announced that Steven K. Sprague, President and CEO, and Gerard T. Feeney, Chief Financial Officer, will present at the 12th Annual Needham Growth Stock Conference at 11:20 a.m. Eastern on Thursday, January 14, 2010. The conference is being held at the Palace Hotel in New York City, and Wave's presentation will be webcast.
    (Ihub #185,836, 1/7/10)

2010        Feb 4, Wave Systems Corp. today announced the integration of support for Intel(R) vPro(TM) Technology into its EMBASSY(R) software, a solution for secure and robust management of self-encrypting hard drives in the enterprise. Self-encrypting drives -- where encryption is built into the drive itself -- are available from all the major drive vendors and leading PC OEMs.
    (Ihub #187,618, 2/4/10)

2010        Feb 16, Before selecting one of the leading software-based full disk encryption solutions, consider this: It could take up to 24 hours to configure, install and encrypt the contents of the hard drive. That's per user. Compare this to self-encrypting drives -- where encryption is built into the drive itself. Each drive takes only a minute or two to configure. These and other findings are detailed in the newly published review "FDE Performance Comparison: Hardware vs. Software Full Drive Encryption," by Trusted Strategies LLC, an advisory firm specializing in IT security based in Pleasanton, California. The complete report, sponsored by Seagate Technology and Wave Systems, is available at
    (www.trustedstrategies.com/papers/comparing_hardware_and_software_fde.pdf)(Ihub #188,077, 2/16/10)

2010        Feb 22, Wave Systems Corp. today announced that Steven K. Sprague, President and CEO, and Gerard T. Feeney, Chief Financial Officer, will present at the America's Growth Capital (AGC) 6th Annual Information Security and West Coast Emerging Growth Conference on Monday, March 1, at the Westin Hotel in San Francisco, CA. The presentation will begin at 3:40 p.m. PT. AGC's information security conference kicks off the weeklong RSA Conference, also in San Francisco, where Wave will be exhibiting.
    (Ihub #188,400, 2/22/10)

2010        Feb 25, Wave Systems today announced that it will demonstrate its industry-leading management solution for self-encrypting drives on laptops from different OEMs. A second demonstration will show how the widely available TPM security chip can safeguard the private keys associated with digital certificates -- often vulnerable to common shareware -- protecting networks from unauthorized access. In addition to the demonstrations, Wave executives will participate on two panels focusing on hardware encryption and help lead the Trusted Computing Group's Sandbox session at RSA Conference 2010 (Moscone Center in San Francisco, March 1-5.)
    (Ihub #188,673, 2/25/10)

2010        Mar 8, Wave Systems posts video on U-tube:
    http://www.youtube.com/watch?v=tybiHEfrTE4
    (Ihub #190,112, 3/8/09)

2010        Mar 9, Wave Systems Corp. today announced that Gerard T. Feeney, Chief Financial Officer, will present at the 22nd Annual Roth OC Growth Conference on March 15, at the Ritz Carlton in Laguna Niguel, California. The annual three-day conference brings together over 350 small- and mid-cap growth companies across sectors including software and technology.
    (Ihub #190,223, 3/9/10)

2010        Mar 11, Wave Systems Corp. a leading provider of management software for hardware-based security, today reported improved results for the fourth quarter (Q4) and year ended December 31, 2009, and reviewed recent corporate progress. Wave's Q4 2009 net revenues rose 58% to $5.2 million, compared with Q4 2008 net revenues of $3.3 million, reflecting an increase in bundled software royalties, as well as growth in software license upgrades. Q4 2009 net revenues rose 7.6% over Q3 2009, as higher software licensing sales more than offset a modest decline in services revenues related to a government consulting contract. For the full year 2009, net revenues grew 114% to $18.9 million compared to 2008 net revenues of $8.8 million due primarily to higher per-unit royalty rates earned during 2009.
    (Ihub #190,474, 3/11/10)

2010        Mar 15, Wave Systems Corp. today announced that Executive Vice President Brian Berger will speak on the topic of hardware security as a foundation for safer cloud computing, during the Wednesday morning keynote sessions at Cloud Connect, March 17.
    (Ihub #190,788, 3/15/10)

2010        Mar 17, eSignSystems, a division of Wave Systems Corp., announced that Insurance Administrative Solutions (IAS) is implementing its electronic signature solution to IAS's online insurance application and delivery platform. Insurance carriers that use the platform will now be able to offer their customers the option of applying for and signing their applications in the privacy of their homes and, in many cases, can deliver a decision within minutes. Those who are approved can download or print their policy instantly. For the insurance carrier, delivering an application online that can be electronically signed by the customer eliminates costs of traditional mailing, faxing, and paper. The entire online application and fulfillment process can be completed and submitted in real-time -- compared to the one or two weeks for a traditional paper-based/U.S. Mail process, according to IAS.
    (Ihub #190,945, 3/17/10)

2010        Mar 24, eSignSystems, a division of Wave Systems Corporation, and HELM Analytics team up to deliver SmartReporting. A new module of eSign’s Transaction Management Suite (eTMS), it enables lenders and document custodians to capture information they require to manage their daily activities without compromising the legal integrity of their eMortgage documentation.
    (Ihub #191,432, 3/24/10)

2010        Mar 31, Wave Systems Corp. today announced that Steven K. Sprague, President and CEO, and Gerard T. Feeney, Chief Financial Officer, will present at the 6th Annual Security Research Associates’ Spring Growth Stock Conference in San Francisco, CA. The conference is being held downtown at the Omni Hotel.
    (Ihub #191,848, 3/31/10)

2010        Apr 26, eSignSystems, a division of Wave Systems Corp., will showcase expanded MERS capabilities in its SmartSAFE software that allows customers to register electronic mortgages from origination through closing. By fully integrating its software with MERS, the industry-endorsed system for electronically tracking mortgage ownership and servicing rights, eSign is helping its customers implement and provide secondary market liquidity for paperless mortgages, and has brought its first customers into production with this solution, including a lender, an investor and a document custodian.
    (Ihub #192,710, 4/26/10)

2010        May 3, Wave Systems Corp., a leading provider of management software for hardware-based security, announced today that on Monday, May 10th at 4:30 p.m. EDT it will host a webcast/conference call reviewing its Q1 financial results, as well as recent corporate and industry progress. Wave's results will be issued after the market's close that day.
    (Ihub #192,949, 5/3/10)

2010        May 6, Wave Systems Corp., a leading provider of management software for hardware-based security, announced today that Steven K. Sprague, President and CEO, and Gerard T. Feeney, Chief Financial Officer, will present at MDB Capital's Bright Lights Conference and TechAmerica's Growth Cap Financial Conference, both being held at the Palace Hotel in San Francisco.
    (Ihub #193,025, 4/26/10)

2010        May 10, Wave Systems Corp. (NASDAQ: WAVX), a leading provider of management software for hardware-based security, announced today that it has acquired two U.S. patents pertaining to security subsystems for storage devices. The patents describe certain elements of core technology underlying self-encrypting hard drives (SEDs). The purchase price was $1.1 million in cash.
    (Ihub #193,266, 5/10/10)
2010        May 10, Wave Systems, despite year-over-year and sequential increases in SG&A and R&D expense to support Wave's growing customer base and OEM relationships, reported a reduced net loss of $764,000, or $0.01 per basic and diluted share, compared to a Q1 2009 net loss of $1.5 million, or $0.02 per basic and diluted share. Wave's Q4 2009 net loss was $1.0 million, or $0.01 per basic and diluted share. Per-share figures are based on a weighted average number of basic shares outstanding in the first quarters of 2010 and 2009 of 77.2 million and 61.9 million, respectively, and on 73.9 million basic shares outstanding at December 31, 2009. Higher net revenue from software licensing more than offset a year-over-year decline in services revenues related to the timing of work on government-based service contracts and drove a 45% increase in total net revenues to $5.9 million versus $4.0 million in the year-ago period and a 13% increase over Q4 2009 net revenues of $5.2 million.
    (Ihub #193,271, 5/10/10)

2010        May 17, Wave Systems Corp. today announced that Chief Scientist Robert Thibadeau, PhD, will speak at the National Conference on Managing Electronic Records (MER 2010), as well as the American Bar Association's First Annual Electronic Discovery and Digital Evidence Practitioners' Workshop. Both conferences take place in Chicago, IL, this week.
    (Ihub #193,646, 5/17/10)

2010        May 20, eSignSystems, a division of Wave Systems Corp. today announced that it will conduct demonstrations of its SmartSAFE electronic signature and vaulting solution at the 2010 ACORD LOMA Insurance Systems Forum, focusing on the future of insurance and technology. eSignSystems' SmartSAFE offers myriad benefits to insurance companies that can speed up the processing of new applications, and eliminate or reduce costs associated with handling and faxing paper documents. eSignatures can also add convenience for prospective policyholders, too, letting them sign applications in the comfort of their home.
    (Ihub #193,799, 5/20/10)

2010        Jun 2, Wave Systems Corp. today announced that Steven K. Sprague, President and CEO, and Gerard T. Feeney, CFO, will present at the sixth annual Noble Financial Capital Markets ONTRACK 2010 Equity Conference at 4:00 p.m. EDT on June 7, 2010, in room 2 (Petty) at the Hard Rock Hotel in Hollywood, Florida.
    (Ihub #194,209, 6/2/10)

2010        Jun 8, Wave Systems Corp. announced today that the current production version of its EMBASSY(R) security software is compatible with Hitachi Global Storage Technologies' (Hitachi GST) Travelstar(TM) self-encrypting hard drives (SEDs) available through Hitachi's worldwide distribution channels this month. The drives (specific models listed below) are some of the first commercially available self-encrypting hard drives based on Opal, the Trusted Computing Group's storage specification that defines a set of drive security features. Wave EMBASSY management software (available separately from Wave's channel partners, resellers and direct from Wave) provides IT managers with robust capabilities for deploying, administering and managing Hitachi's SEDs.
    (Ihub #194,401, 6/8/10)

2010        Jun 16, Trusted Computing Group members Juniper Networks® and Wave Systems will show solutions for trusted enterprise security at the June 21-23 Gartner Security & Risk Management Summit, National Harbor, Md. TCG is a Silver Sponsor of the event.
    (Ihub #194,589, 6/16/10)

2010        Jun 23, MDB Capital Group initiates coverage on Wave Systems Corporation (Nasdaq: WAVX) with a 'Buy' rating and $6.00 price target. The firm says, "With the escalating consumer and legal costs associated with data breaches, enterprises are looking for more effective solutions to secure high-value electronic information. We believe that Wave’s EMBASSY® suite of products provides an excellent, easy to use solution to meet this need... We believe the company has the potential to deliver revenues of $30 million in 2010 and more than $45 million in 2011."
    (Ihub #194,846, 6/23/10)

2010        Jul 27, Today Wave Systems Corp. announced that the current production version of EMBASSY security software is now compatible with Hitachi Global Storage Technologies Self encrypting hard drives.
    (http://tinyurl.com/2fqbyn4)

2010        Jul 28, BNY Mellon Corporate Trust has introduced an eVault service that will allow it to receive, process and store electronic mortgage documents on behalf of its clients, significantly improving all stages in the life-cycle of a loan. The company has partnered with eSignSystems, a leading provider of lifecycle management tools for eMortgage processing and other legally binding electronic transactions that provides full integration with MERS and ensures documents remain free from tampering. eSignSystems is a division of Wave Systems Corp.
    (Ihub #196,323, 7/28/10)

2010        Jul 29, Wave Systems Corp., a leading provider of management software for hardware-based security, announced that on Monday, August 9th at 4:30 p.m. EDT it will host a webcast/conference call reviewing its Q2 financial results, as well as recent corporate and industry progress. Wave's results will be issued after the market's close that day.
    (Ihub #196,409, 7/29/10)

2010        Aug 3, Wave Systems Corp. today announced that Steven K. Sprague, President and CEO, and Gerard T. Feeney, CFO, will present at the Canaccord Genuity 30th Annual Growth Conference in Boston, MA, on Tuesday, August 10th at 4:30 p.m. EDT. The conference will be held at the InterContinental Boston Hotel. Messrs. Sprague and Feeney will also present the following day at the 2010 Morgan Keegan Safety, Security & Defense Conference in New York, on Wednesday, August 11th at 3:25 p.m. EDT. The presentation will be webcast live and available online for replay for 30 days. The conference will be held at The New York Palace Hotel. Live Audio Webcast & Online Replay For Morgan Keegan Conference: www.wave.com/about/investors/webcasts.asp or http://www.wsw.com/webcast/mk21/wavx/ The archived webcast will be available for 30 days.
    (Ihub #196,409, 8/3/10)

2010        Aug 4, Wave Systems Corp. today announced that its Chief Scientist Robert Thibadeau, PhD, will host a pre-conference workshop on flash security on Monday, August 16, and a special open tutorial on flash and virtualization Thursday, August 19th, at the Flash Memory Summit at the Santa Clara Convention Center.
    (Ihub #196,601, 8/4/10)

2010        Aug 9, Wave Systems Corp. today reported operating results for the second quarter (Q2) and six months ended June 30, 2010. The company also reported on recent customer wins and OEM and partner progress. Benefiting from growth in royalties from enterprise software license sales (previously referred to as "upgrade sales"), as well as increased shipments of Wave's software bundled with enterprise PCs that include a Trusted Platform Module (TPM) and/or a self-encrypting drive (SED), Wave's Q2 '10 net revenues from software licensing rose 40% to $6.2 million from $4.4 million in Q2 '09. Including a modest decrease in net services revenues related to government service contracts, Wave's Q2 '10 net revenues rose 34% to $6.4 million versus $4.8 million in Q2 '09 and rose 10% over Q1 '10 net revenues of $5.9 million. Total billings increased 38% to $6.3 million in Q2 '10, compared to total billings of $4.6 million in Q2 '09, and rose 12% versus Q1 '10 total billings of $5.6 million.
    (Ihub #196,845, 8/9/10)

2010        Aug 23, Wave Systems Corp. today announced that Boston Medical Center’s Network Security Engineer Mark Mulvaney will share his insights on the need for encryption in hospitals and discuss the fundamental differences between software- and hardware-based encryption. Mulvaney will present “Encryption: Hardware or Software? Lessons from the Field,” from 3:00-3:30 p.m. as part of Forrester Security Forum , held Sept. 16-17 at the Westin Copley Place, Boston, Mass.
    (Ihub #197,990, 8/23/10)

2010        Aug 25, Wave Systems Corp. today announced that Executive Vice President and resident storage expert Lark Allen, will discuss encryption, the need for central management and the use of self-encrypting drives (SED) for secure user authentication during the Air Force Information Technology Conference (AFITC). The Conference takes place in Montgomery, Alabama, next week at the Convention Center at the Renaissance Hotel & Spa (August 30 to September 2, 2010).
    (Ihub #198,103, 8/25/10)

2010        Aug 26, Wave Systems Corp. today announced that its President and CEO, Steven Sprague, and Executive Vice President of Marketing & Sales, Brian Berger, will join security experts from academia, government and industry to speak at the National Security Agency's (NSA) Trusted Computing Conference and Exposition (Orlando, September 14-16). Invited speakers include Susan Alexander of the Office of the Director of National Intelligence.
    (Ihub #198,133, 8/26/10)

2010        Aug 30, US chipmaker Intel Corp unveiled a deal to buy German chipmaker Infineon Technologies AG's wireless unit for $1.4 billion, as it claws its way into the booming smartphone market and cuts its reliance on personal computers.
    (www.ibtimes.com/articles/47479/20100830/intel-buys-infineon-unit-for4-billion.htm)

2010        Sep 8, Wave Systems Corp. today announced that Steven K. Sprague, President and CEO, and Gerard T. Feeney, CFO, will present at the Rodman & Renshaw Global Investor Conference in New York on Monday, September 13th at 11:40 a.m. EDT. The presentation will be webcast live and available for replay. The conference will be held at the New York Palace Hotel. Live Audio Webcast/Replay with Slides: http://www.wsw.com/webcast/rrshq18/wavx or www.wave.com/about/investors/webcasts.asp.
    (Ihub #198,627, 9/8/10)

2010        Sep 13, Wave Systems Corp. today announced that it will show a wide range of security capabilities in development that include device-based authentication to secure the client PC, secure remote access to the corporate domain, and strong, hardware-based federated access to both corporate and public cloud services. The series of demonstrations will take place at the Intel Developer Forum (IDF) 2010 (booth # 679) at Moscone Center West, San Francisco, Sept. 13-14.
    (Ihub #198,786, 9/13/10)
2010        Sep 13, Digital Management, Inc., a leading IT solutions and business strategy consulting firm, announced today it has partnered with Wave Systems Corp. to deliver comprehensive Trusted Computing solutions to security-conscious government and commercial enterprises.
    (Ihub #198,792, 9/13/10)

2010        Sep 14, Wave Systems Corp. today announced that it will conduct a series of demonstrations on the use of hardware security for establishing device authentication at the Transglobal Secure Collaboration Program (TSCP) Business Week Expo at the Lansdowne Resort, Sept. 14-16. TSCP is a government-industry partnership focused on designing solutions for the most critical IT security issues facing the aerospace and defense (A&D) industry.
    (Ihub #198,879, 9/14/10)
2010        Sep 14, Wave Systems Corp. and LynuxWorks(TM) today announced their collaboration on the use of a self-encrypting hard drive to provide data-at-rest protection alongside the LynxSecure separation kernel and hypervisor securely running multiple operating systems on a PC. This capability is significant because it solves the complexity and performance issues typically associated with encrypting data on virtual machines running different operating systems. The demonstration takes place this week at the National Security Agency's (NSA) Trusted Computing Conference and Exposition (Orlando, September 14-16) and again at the Embedded Systems Conference (Boston, September 21-22).
    (Ihub #198,889, 9/14/10)

2010        Sep 15, Wave Systems Corp. today announced a second installment of educational video podcasts on Trusted Computing is now available. This four-part series picks up where the first three videos left off, with two podcasts offering practical information about enterprise deployments and a third detailing government's role as pioneer, advocate and first-mover in Trusted Computing. The future of hardware security is explored in a podcast examining Trusted Computing's potential for transforming cyber security.
    (Ihub #198,959, 9/15/10)

2010        Sep 20, Wave Systems Corp. today announced that Chief Scientist Robert Thibadeau, PhD, will speak at the Storage Networking Industry Association's 2010 Storage Developer Conference (September 20-23, 2010 in Santa Clara, CA). Dr. Thibadeau will explore the latest encryption solutions and best practices from the unique perspective of having pioneered the technology and contributed heavily in the creation of supporting industry standards. His talk will cover encryption best practices, central management and the steps required to prove encryption was in place and turned on at the time of a laptop loss.
    (Ihub #199,277, 9/20/10)

2010        Oct 5, Wave Systems Corp. today announced that id.wave.com, its identity service that enables strongly authenticated single sign-on to web services and applications in the cloud, has been certified by the Open Identity Exchange (OIX), the first "trust framework" provider authorized by the US government. A trust framework provides a new way for one site to delegate the identity, security and privacy assurances to another site, thus simplifying a user's interaction with multiple web services.
    (Ihub #199,808, 10/5/10)

2010        Oct 10, Wave Systems Corp. announced today that Chief Scientist Robert Thibadeau, PhD, will address hardware encryption and compliance at Storage Networking World's (SNW) Fall 2010 Conference held at the Gaylord Texan, in Dallas on October 12.
    (Ihub #199,958, 10/11/10)

2010        Oct 20, Wave Systems Corp. today announced that Steven K. Sprague, President and CEO, and Gerard T. Feeney, CFO, will present at Security Research Associates' 6th Annual Fall Growth Stock Conference in San Francisco on Tuesday, October 26th. The company is scheduled to present at 11:40 a.m. local time at the Westin St. Francis Hotel.
    (Ihub #200,252, 10/20/10)

2010        Oct 21, Wave Systems Corp. today announced that it ranked number 73 on Technology Fast 500(TM), Deloitte's ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005-2009. Wave's revenue grew 1,755 percent during this period.
    (Ihub #200,290, 10/21/10)

2010        Oct 25, The FiReGlobal : West Coast Conference is proud to announce that Wave Systems Corp. has been selected as a FiReStar company. In addition to passing the challenges of similar competitions, FiReStar companies, both local and global, are chosen for their potential to bring large-scale positive change to the world. Eight of these companies will be showcased throughout the conference and at a special reception during FiReGlobal: West Coast, where local and global investors will be given the chance to meet company officers.
    (Ihub #200,433, 10/25/10)

2010        Oct 27, Wave Systems Corp., a leading provider of management software for hardware-based security, announced today that on Monday, November 8th at 4:30 p.m. EST it will host a webcast/conference call reviewing its Q3 financial results, as well as recent corporate and industry progress. Wave’s results will be issued after the market’s close that day. Phone: via (212) 231- 2903 or (415) 226-5359. Please call five minutes in advance.
    (Ihub #200,518, 10/25/10)

2010        Nov 4, Wave Systems Corp. announced the availability of Wave(R) BitLocker(R) Manager for Windows(R) 7, a comprehensive set of tools for the central management of Microsoft's native encryption application. Organizations large and small can initialize, configure and administer a global deployment of BitLocker clients without the cost and complexity associated with custom creation of scripts and Active Directory schema extensions. Access recovery and role-based help desk functions can ease the burden on IT, while detailed activity reports and server logs can be essential for compliance -- delivering a secure record of proof that data was protected in the event a PC is lost or stolen.
    (Ihub #200,824, 11/4/10)

2010        Nov 8, Wave Systems Corp. today reported operating results for the third quarter (Q3) and nine months ended September 30, 2010. Wave also reported on recent new product developments, partner progress and customer adoption. Benefiting from continued growth in enterprise software license sales, as well as increased shipments of Wave's software bundled with enterprise PCs featuring a Trusted Platform Module (TPM) security chip and/or a self-encrypting drive (SED), Wave's Q3 '10 net revenues rose 38% to $6.7 million versus $4.8 million in Q3 '09. Q3 '10 net revenues also rose 4% over Q2 '10 net revenues of $6.5 million. Total billings increased 19% to $6.2 million in Q3 '10, compared to total billings of $5.2 million in Q3 '09, and declined 3% versus Q2 '10 total billings of $6.3 million.
    (Ihub #201,056, 11/8/10)

2010        Nov 18, "We've also included BitLocker management capabilities into the latest edition of our flagship EMBASSY(R) Remote Administration Server as well, giving enterprises the ability to manage encryption or authentication in one easy-to-use, cost-effective package. Wave is the only ISV to offer management for all three of the leading forms of encryption, be it BitLocker, self-encrypting hard drives or software FDE for legacy systems, in addition to Trusted Platform Modules.
    (Ihub #201,541, 11/18/10)

2010        Dec 22, Wave Systems Corp. announced today that Chief Scientist Dr. Robert Thibadeau will host a discussion titled, "Finding, Protecting and Using Content" at the Storage Visions 2011 Conference in Las Vegas, NV on January 4th. The session will feature six leading security and storage industry experts, exploring the impact that digital storage can have in providing greater privacy protection, as well as advancements in content indexing and search.
    (Ihub #203,254, 12/22/10)

2010        Dec 30, Wave Systems Corp. today announced that it has received $5.2 million in additional license and maintenance orders through its PC OEM partners on behalf of a U.S.-based automotive company. The orders hasten the deployment and increase the total value of the automaker’s software orders to $10.9 million, $6.7 million of which will be recorded as revenue over the next 12 months, $1.9 million of which was recorded as revenue in 2010 and $2.3 million of which is expected to be recognized as revenue in 2012 through 2014. 
    (Ihub #203,667, 12/30/10)

2010        Dec 26, pdf white paper by S. Sprague
    (www.it-sa.de/fileadmin/itsa_files/Handouts/2010/BL_Mi_17_00_Sprague.pdf)

2011        Jan 11, Wave Systems Corp. today announced that Steven K. Sprague, President and CEO, and Gerard T. Feeney, CFO, will present at the 13th Annual Needham Growth Conference at 2:50 p.m. Eastern on Thursday, January 13, 2011. The conference is being held at the Palace Hotel in New York City. Wave's presentation will be webcast.
    (Ihub #204,718, 1/1/11)

2011        Feb 3, Wave Systems Corp. today announced that Steven K. Sprague, President and CEO, will present at the America’s Growth Capital (AGC) 7th Annual Information Security and West Coast Emerging Growth Conference at 12:20 p.m. PT on Monday, February 14, 2011. The conference is being held at the Westin Market Street Hotel in San Francisco and kicks off the weeklong RSA Conference, also in San Francisco, where Wave will be exhibiting.
    (Ihub #206,531, 2/3/11)

2011        Feb 7, Wave Systems announced today that Wave Chief Scientist Robert Thibadeau has contributed to the American Bar Association's Data Breach and Encryption Handbook, which examines the ever-growing problem of data breaches, the legal complexities surrounding data breach notification laws, and the encryption solutions that can prevent sensitive data from being compromised in the first place.
    (Ihub #206,607, 2/7/11)

2011        Feb 9, Wave Systems Corp. today announced that Saint Barnabas Health Care System deployed self-encrypting drives (SEDs) managed by Wave's EMBASSY software to protect personal health information (PHI) stored on 700 laptops used by doctors, nurses, administrators and executives in 25 facilities. Saint Barnabas had been using software encryption for years to comply with health care regulations and meet patient needs, but chose to upgrade to self-encrypting drives for stronger security and faster deployment times -- 24 hours faster on average per user.
    (Ihub #206,670, 2/9/11)

2011        Feb 14, Wave Systems Corp. today announced that the South Carolina Department of Revenue (SCDOR) has chosen Wave's EMBASSY® software to manage data security for its fleet of laptops. Agency personnel routinely handle confidential taxpayer data -- from property records to social security numbers and tax returns. The state chose self-encrypting drives (SEDs) to ensure this data is always protected, while also giving users significant performance advantages over software encryption.
    (Ihub #206,844, 2/14/11)
2011        Feb 14, Wave Systems Corp. announced today that PricewaterhouseCoopers (PwC) International Limited’s Karl Wagner will headline a Monday seminar sponsored by the Trusted Computing Group , kicking off an active week for the company at RSA Conference 2011 , Feb. 14-18, at San Francisco’s Moscone Center. Wave is involved in a range of activities, including advanced product demonstrations, customer videos and participation in a panel presentation on data breach laws and encryption that includes Wave’s Chief Scientist Dr. Robert Thibadeau.
    (Ihub #206,845, 2/14/11)

2011        Mar 2, Wave Systems Corp. a leading provider of management software for hardware-based security, announced today that on Tuesday, March 15th at 4:30 p.m. ET, it will host a webcast/conference call reviewing its Q4 and full year 2010 financial results, as well as recent corporate and industry progress. Wave’s results will be issued after the market’s close that day.
    Phone: (415) 226-5361 or (212) 231-2907.
    Webcast/Replay: http://www.wave.com/news/webcasts.asp
    (Ihub #207,291, 3/2/11)

2011        Mar 3, Wave Systems Corp. announced today that Gerard Feeney, Chief Financial Officer, and Brian Berger, Executive Vice President, Marketing and Sales, will present at the 23rd Annual ROTH OC Growth Conference on March 16, at the Ritz Carlton in Laguna Niguel, CA. The annual three-day conference brings together over 400 small- and mid-cap growth companies across sectors including software and technology.
    (Ihub #207,344, 3/3/11)

2011        Mar 4, Wave Systems Corp. announced today that President & CEO Steven Sprague and Chief Scientist Dr. Robert Thibadeau will speak on Thursday, March 10, providing two presentations for next week's DoD Information Assurance Symposium (IAS) in Nashville, TN. Mr. Sprague will present "Trusted Computing: Advanced Concepts and Uses in the Near Future" as part of a track dedicated to Trusted Computing. Dr. Thibadeau's session will address managing endpoint security for mobile devices.
    (Ihub #207,378, 3/4/11)

2011        Mar 15, Wave Systems Corp. today reported financial results for the fourth quarter (Q4) and year ended December 31, 2010. Reflecting ongoing progress in enterprise software license sales, as well as increased shipments of Wave's software bundled with enterprise PCs featuring a Trusted Platform Module (TPM) security chip and/or a self-encrypting drive (SED), Wave's Q4 '10 net revenues rose 35% to $7.0 million versus $5.2 million in Q4 '09. Q4 '10 net revenues also rose 5% over Q3 '10 net revenues of $6.7 million, principally due to the increase in consulting services revenues related to a U.S. government contract. As a result of increased enterprise sales activity and a substantial global automaker order in late December, total billings increased 100% to $14.2 million in Q4 '10, compared to total billings of $7.1 million in Q4 '09. Net revenue is reconciled to total billings in the tables below. Reflecting higher levels of SG&A, Wave's Q4 '10 net loss increased to $1.2 million, or $0.01 per basic and diluted share, compared to a Q4 '09 net loss of $1.0 million, or $0.01 per basic and diluted share, and a Q3 '10 net loss of $1.2 million, or $0.01 per basic and diluted share. Per-share figures are based on a weighted average number of basic shares outstanding in the fourth quarters of 2010 and 2009 and the third quarter ended September 30, 2010, respectively, of 81.2 million, 73.9 million and 80.9 million.
    (Ihub #207,629, 3/5/11)

2011        Mar 24, eSignSystems, a division of Wave Systems Corp., will debut the latest version of its award-winning SmartSAFE™ Bundle for creating, signing, storing, accessing and managing the lifecycle of electronic mortgage documents during next week's MBA National Technology in Mortgage Banking Conference and Expo 2011 (at the Westin Diplomat Resort & Spa in Ft. Lauderdale, Fla.).
    (Ihub #207,946, 3/6/11)

2011        Mar 31, Strategic News Service is proud to announce that Wave Systems has been selected as a 2011 FiReStarter company, to be featured at its annual Future in Review (FiRe) technology conference. FiReStarter companies are selected based on their potential to bring positive change to the world, and are showcased before, after and during the conference, both onstage and at an exclusive investor reception.
    (Ihub #208,134, 3/31/11)

2011        Apr 5, Wave Systems Corp. announced today that Chief Scientist Dr. Robert Thibadeau was named a finalist for the EE Times Annual Creativity in Electronics (ACE) Innovator of the Year Award. Winners of the ACE Awards will be announced at a ceremony on Tuesday, May 3rd, as part of the ESC Silicon Valley Conference & Expo in San Jose, CA.
    (Ihub #208,288, 4/5/11)

2011        Apr 14, Wave Systems Corp. announced a $3.5 million agreement with BASF SE to provide the leading chemical company with Wave's EMBASSY® client, server software and maintenance services for its new global fleet of personal computers.
    (Ihub #208,407, 4/14/11)

2011        Apr 15, Wave Systems Corp. announced its support for the launch of the Obama Administration's National Strategy for Trusted Identities in Cyberspace (NSTIC). NSTIC outlines a series of recommendations for greater security and privacy in accessing online accounts and creating identities online -- for consumers and businesses. The strategy was discussed via webcast this morning at the U.S. Chamber of Commerce.
    (Ihub #208,496, 4/15/11)

2011        Apr 19, Wave Systems Corp. will attend InfoSecurity Europe 2011 this week, hosting a workshop that features customer PricewaterhouseCoopers (PwC). The two-hour event will give conference-goers an opportunity to hear firsthand how PwC is leveraging built-in hardware security based on open standards for authentication.
    (Ihub #208,616, 4/19/11)

2011        Apr 26, Wave CEO SKS sold shares valued at $114K (35K shares @$3.26). Director Mcconneghy sold about $135K worth of shares on 4/20/2011.
    (Ihub #209,634, 5/17/11)

2011        May 2, Wave posted record revenues of $26.1 million for 2010, an increase of 38% over 2009. At the same time, we ramped up sales and marketing activity by 39% percent, increasing the visibility of our solutions at events around the globe and to expand support for our growing base of OEM relationships. We also stepped up R&D spending to support new product features and capabilities, as well as to invest in new products.
    (http://wave.com/about/reports/2010_Annual_Report.pdf)

2011        May 10, Growth primarily in enterprise server software drove a 27% increase in Q1 '11 net revenues to $7.5 million, versus $5.9 million in Q1 '10, and a 6% increase over Q4 '10 net revenues of $7.0 million. Reflecting higher operating expense levels, Wave recorded a Q1 '11 net loss of $2.3 million, or $0.03 per basic and diluted share, compared with a Q1 '10 net loss of $0.8 million, or $0.01 per basic and diluted share.
    (Ihub #209,159, 5/10/11)

2011        May 11, Wave Systems Corp. announced today that Northern Health and Social Care Trust of Northern Ireland has deployed self-encrypting drives (SEDs) managed by Wave's EMBASSY® software to protect sensitive and confidential personal health information (PHI) stored on 600 laptops today (rising to 700 laptops within the next nine months). Despite access to more readily available software-based encryption with lower upfront costs, Northern Trust determined that SEDs could be deployed faster -- and were more cost-effective over the long term.
    (Ihub #209,253, 5/11/11)

2011        May 12, eSignSystems, a division of Wave Systems Corp. announced that Executive Vice President Kelly Purcell will open the Global Technology Summit 2011 on May 16 with a presentation addressing the efficiency of electronic signatures in the mortgage industry, from appraisals to loan closings. Two customers will also join Purcell at the show to share their first-hand eMortgage experiences during the conference's educational sessions and seminars.
    (Ihub #209,413, 5/12/11)

2011        Jun 8, Wave Systems Corp. announced today that President and CEO Steven Sprague will speak at the General Dynamics C4 Systems-sponsored Information Assurance User Conference and Training held in Las Vegas, Nevada on June 8 and 9, 2011. Sprague will discuss trusted computing technologies and device authentication in a presentation titled “The Role of Trusted Computing in Protecting the End Point,” on Thursday, June 9, 2011.
    (WAVX PR) 

2011        Jun 14, Wave Systems Corp. announced today the launch of id.wave.com, a new identity service that enables strong authentication and single sign-on to Web services and applications in the “cloud.” The service is available in beta form and will be demonstrated to prospective partners and industry insiders at this week’s Digital ID World Conference in Las Vegas, Sept. 15-16.
    (Ihub #210,991, 6/14/11)

2011        Jun 21, Wave Systems Corp. announced today that it has filed a $30 million shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). The filing replaces an existing shelf registration statement that became effective in June 2008 and expires on June 23, 2011. The filing includes shares underlying certain outstanding warrants to purchase up to 4,038,269 shares of Wave Class A common stock and would also facilitate Wave's ability to raise capital over the next three years. Wave has no current plans for the sale of the securities registered under this shelf registration statement. The terms of any offering by Wave under the registration statement would be established at the time of the offering and would be described in a prospectus supplement.
    (Ihub #211,584, 6/21/11)

2011        Aug 3, Wave Systems Corp., a leading provider of trusted computing software, announced today that Steven K. Sprague, President and CEO, will present at the following three investment community conferences in August: Morgan Keegan Technology Conference - New York Monday, August 8th at 2:45 p.m. ET - Wave's presentation will be webcast live. New York Palace Hotel, New York Webcast/replay link:
    www.wave.com/about/investors/webcasts.asp
    31st Annual Canaccord Genuity Global Growth Conference, Boston, Tuesday, August 9th at 9:00 a.m. ET InterContinental Hotel, Boston, Oppenheimer & Co. 14th Annual Technology & Communications Conference, Boston Wednesday, August 10th at 3:45 p.m. ET Four Seasons Hotel Boston.

2011        Aug 9, Wave Systems Corp., a leading provider of trusted computing software, today reported financial results for its second quarter (Q2) and six months ended June 30, 2011. Wave's Q2 '11 total net revenues rose 26% to $8.1 million compared to $6.4 million in Q2 '10, and rose 8% over Q1 '11 total net revenues of $7.5 million. The increase in total net revenue was primarily the result of a more than $2 million year-over-year increase in enterprise server software licensing revenues which more than offset a $0.2 million decrease in services revenue related to a U.S. Department of Defense contract that was completed in Q1 2011. Wave's licensing net revenues grew 31% in Q2 '11 versus Q2 '10 and increased 11% over Q1 '11. Wave recorded a Q2 '11 net loss of $1.8 million, or $0.02 per basic and diluted share, compared with a Q2 '10 net loss of $1.0 million, or $0.01 per basic and diluted share.
    (Ihub #213,394, 8/9/11)

2011        Sep 7, Wave Systems Corp. today announced that it will join industry experts, government authorities and academics presenting at the National Security Agency's 2nd Annual Trusted Computing Conference, September 20th - 22nd at the Caribe Royal Hotel in Orlando, FL. The conference provides a unique forum for those interested in how trusted computing technologies can improve the security of sensitive data, enterprise networks and critical applications. Wave Systems' customer PricewaterhouseCoopers will also present a session on leveraging Trusted Platform Modules (TPMs) for authentication and key security.
    (Ihub #214,095, 9/7/11)

2011        Sep 14, Wave Systems Corp., a leading provider of trusted computing software, announced today that Steven K. Sprague, President and CEO, and Gerard T. Feeney, CFO, will participate in the America's Growth Capital 8th Annual East Coast Emerging Growth Conference on Monday, September 19, 2011 at The Westin Copley Place Hotel in Boston, MA. Wave's presentation is at 9:00 a.m. ET in the St. George D Room - 3rd Floor.
    (Ihub #214,420, 8/14/11)

2011        Sep 20, Wave Systems Corp. today unveiled Wave Endpoint Monitor, the industry's first solution that leverages an industry standard security chip for detecting and mitigating malware and other Advanced Persistent Threats (APTs) that lurk surreptitiously in host systems, stealing confidential data that can then be exploited for economic, political or strategic gain. Wave Endpoint Monitor is being demonstrated this week at the 2nd Annual NSA Trusted Computing Conference in Orlando, Fla., with commercial availability anticipated by the end of 2011. Recent media reports indicate these types of advanced cyber-attacks are increasingly more common across all public and commercial sectors than previously thought. The National Institute of Standards and Technology (NIST) recognized this reality and issued initial guidelines for protecting a computer's BIOS in its special publication 800-147. 
    (Ihub #214,680, 9/20/11)
2011        Sep 20, Micron Technology, Inc. (Nasdaq:MU), today introduced a new version of its popular RealSSD™ C400, featuring self encryption for unmatched data security… Like all hardware-encryption, the drive works in conjunction with an encryption management system. Micron's C400 SED solution was built in partnership with leading encryption management provider Wave Systems (Nasdaq:WAVX). Wave's EMBASSY® management software provides policy-based access controls, comprehensive reporting, directory services integration and end-user access recovery that allows IT to cost-effectively implement and administer endpoint encryption. Importantly, Wave's management software gives IT confidence that data is protected in the event that a computer—or the drive itself—is lost or stolen.
    (Ihub #214,692, 9/20/11)
2011        Sep 20, LynuxWorks Inc. today announced its continued collaboration with Wave Systems Corporation on the use of a self-encrypting drive (SEDs) with the LynxSecure separation kernel and hypervisor for running multiple operating systems simultaneously on a single endpoint. The demonstration links individual encrypted disk bands to different secure virtual domains provided by LynxSecure, running on a single device. The demonstration takes place this week In the LynuxWorks booth (#310) at the 2nd Annual National Security Agency's (NSA) Trusted Computing Conference and Exposition (Orlando, FL, September 20-22).  
    (Ihub #214,725, 9/20/11)

2011        Sep 22, Wave Systems Corp. has completed the acquisition of Safend Ltd., a leading provider of endpoint data loss protection solutions, including port and device control, encryption for removable media, content inspection and discovery, for approximately $12.8 million, as addressed below. The addition of Safend's complementary product suite creates strong cross-selling opportunities into the healthcare, financial and government verticals where data loss protection is a high priority. Safend's reseller channel, combined with its direct sales force and strong presence in EMEA, gives Wave new sales resources with access to new market opportunities. Headquartered in Tel Aviv, Israel, with offices in Philadelphia, Safend has approximately 70 employees. Prior to the acquisition, Safend was backed by prominent technology venture capital investors including Elron Electronics Industries Ltd. (TELAVIV: ELRN), Intel Capital and Walden Israel Venture Capital.
    (Ihub #214,851, 9/22/11)

2011        Sep 28, Wave Systems will play host to the world’s foremost authorities on data protection at the Trusted Computing seminar on 20th October in London. The seminar, to be held at the Royal Aeronautical Society, is focused on IT management, IT security managers and Risk Managers, and will feature some of the world’s leading experts on information security and Government advisors. The discussion will centre on current and future practices and policy, and the emerging role of hardware security built on open standards set forth by the Trusted Computing Group (TCG).
    (Ihub #215,347, 9/28/11)

2011        Oct 4, Wave CEO to Present on Trusted Computing and the Role of Device ID for Adding a Critical Layer of Authentication at it-sa, Nuremburg, Germany, Wave Systems Corp. will present a series of seminars October 11-13, 2011 at it-sa, one of the pre-eminent IT security trade fairs in Europe. The seminars will address how private and public sector organizations can secure networks and sensitive data using embedded hardware security built on open industry standards set forth by the Trusted Computing Group (TCG).
    (Ihub #215,711, 10/4/11)
2011        Oct 4, eLynx, a portfolio company of American Capital, announced today the company’s partnership with eSignSystems to make the firm’s leading SmartSAFETM eVaulting software available as part of the company’s electronic closing network (eCN). The SmartSAFE Bundle offers a complete solution to store, access, and manage legally binding electronic mortgages. The addition of eVault services to eCN, gives eLynx customers electronic options for all stages in the life-cycle of a loan.
    (Ihub #220,043, 1/18/12)

2011        Oct 5, Wave Systems Corp. announced today that Chief Scientist Dr. Robert Thibadeau will present at the Federal Cybersecurity Conference today, addressing how embedded hardware security built on open standards can thwart threats present in laptops or mobile devices at the firmware level. Dr. Thibadeau will educate attendees on capabilities of the Trusted Platform Module security chip and its mobile equivalent for detecting pre-boot attacks that have previously eluded commercial anti-virus products.
    (Ihub #215,812, 10/5/11)
2011        Oct 5, Wave Systems Corp has raised 100% of a $11,118,617 private offering. Wave Systems Corp reported this private offering October 5, 2011 in an SEC Filing with the U.S. Securities and Exchange Commission (Form D). Wave Systems Corp reported their revenue as between $25 - 100 million within the SEC Filing detailing the transaction. The type of investment being offered was listed as equity (opposed to debt, warrants, or other types of investment options). The first date of sale for the offering was noted as September 22, 2011. As of today, $11,118,617 is being offered, $11,118,617 has been sold, and $0 remains to be sold.
    (Ihub #215,882, 10/5/11)

2011        Oct 10, Wave Systems Corp. today announced the company's expansion into Europe, the Middle East and Africa (EMEA) to capitalize on the growing demand for trusted computing security to help organizations thwart the rise in cyber threats and comply with EU data protection regulations. To drive the expansion, Wave has named IT security veteran Joseph Souren, MBA, Vice President and General Manager, EMEA, to execute the sales strategy and build out the company's channel program. Most recently, Mr. Souren served as VP of CA Technologies' Internet Security Business Unit.
    (Ihub #216,110, 10/10/11)

2011        Oct 11, Wave Systems Corp. announced today that Wave customer LeanLogistics will present its case study at Storage Network World (SNW) Fall 2011, October 10-13, at the JW Marriott Grande Lakes in Orlando, FL. LeanLogistics' Co-Founder and VP of Technology Andy Bass will present "LeanLogistics, Inc. Case Study: Deploying Hardware Encryption for Improved Performance and Security," offering a detailed discussion of the company's deployment of self-encrypting solid-state drives (SSDs) managed by Wave for protecting confidential data.
    (Ihub #216,202, 10/11/11)

2011        Oct 26, Wave Systems Corp., a leading provider of trusted computing software, announced today that Steven K. Sprague, CEO, and Gerard T. Feeney, CFO, will present at Needham & Company's Fifth Annual HDD & Memory Conference in Boston on Thursday, November 3, 2011 at The Langham Hotel at 250 Franklin Street.
    (Ihub #216,977, 10/26/11)
2011        Oct 26, Wave Systems Corp. announced the company's expansion into Europe, the Middle East and Africa (EMEA) to capitalize on the growing demand for trusted computing security to help organizations thwart the rise in cyber threats and comply with EU data protection regulations.
    (Ihub #217,022, 10/26/11)

2011        Oct 31, Wave Systems Corp., a leading provider of trusted computing software, announced that on Wednesday, November 9th, at 4:30 p.m. ET it will host a webcast conference call reviewing its third quarter financial results and recent progress. Wave's Q3 2011 results will be issued after the market's close that day. WEBCAST/REPLAY: Available at http://www.wave.com/news/webcasts.asp
    (Ihub #217,191, 10/31/11)

2011        Nov 1, Wave Systems Corp. WAVX today announced a strategic distribution agreement with Ingram Micro Inc., the world's largest distributor of information technology (IT) solutions. Under the terms of the agreement, Wave's EMBASSY(R) security software for managing hardware-based data protection and authentication will be available worldwide through Ingram Micro beginning November 1.
    (Ihub #217,209, 11/1/11)
2011        Nov 1, Wave Systems Corp. filed a registration with the U.S. Securities and Exchange Commission to sell, from time to time, up to 5,267,374 shares of common stock on behalf of selling shareholders. Wave Systems will not receive proceeds from the sale.
    (Ihub #217,228, 11/1/11)

2011        Nov 9, Wave's Q3 '11 total net revenues rose 42% to $9.5 million compared with $6.7 million in Q3 '10 and rose 18% over Q2 '11 total net revenues of $8.1 million. The higher total net revenue was primarily the result of a $2.3 million increase in enterprise server software licensing revenues over Q3 '10, reflecting the recognition of revenue from large enterprise contracts with BASF and a major global automaker, as well as a $0.5 million increase in revenue from new enterprise server upgrades. Wave recorded a Q3 '11 net loss of $1.8 million, or $0.02 per basic and diluted share. Q2 '11 also resulted in a net loss of $1.8 million, or $0.02 per basic and diluted share.
    (Ihub #217,533, 11/9/11)

2011        Nov 14, Wave Systems Corp. announced today an agreement to provide Samsung Electronics with engineering services, consulting, validation and a customized version of Wave's local management software for Samsung's Trusted Platform Module (TPM) security chips designed for OEM distribution.
    (Ihub #217,801, 11/14/11)
2011        Nov 14, Wave Systems Corp. will join Samsung at CARTES & IDentification, the world’s leading event for digital security and smart technologies, November 15-17, 2011. Wave will demonstrate its trusted computing solutions at Samsung’s stand (035) in Hall 3 at the Paris Nord Villepinte Exhibition Center.
    (Ihub #217,804, 11/14/11)

2011        Nov 22, Mitigate cyberthreats, white paper by Steven Sprague.
    (www.afcea.org/europe/events/tni/11/documents/StevenSprague.pdf)

2011        Nov 23, A US federal trademark registration was filed for SCRAMBLS by Wave Systems Corp., Lee, MA 01238. The USPTO has given the SCRAMBLS trademark serial number of 85480388. The current federal status of this trademark filing is PUBLICATION/ISSUE REVIEW COMPLETE. The correspondent listed for SCRAMBLS is GIOVANNA H. FESSENDEN of HAMILTON, BROOK, SMITH & REYNOLDS, P.C., PO BOX 9133, CONCORD, MA 01742-9133. The SCRAMBLS trademark is filed in the category of Computer & Software Products & Electrical & Scientific Products . The description provided to the USPTO for SCRAMBLS is Computer software for encryption, decryption, protection, management, control and monitoring of data; Computer software administering digital keys and certificates; Computer software for facilitating user authentication; Computer software to enable control over the posting, displaying, accessing, uploading, downloading, and sharing of data or otherwise providing electronic media or information via computer and communication networks; Computer software which facilitates encryption of data posted at online services, namely, social networking services.
    (http://www.trademarkia.com/scrambls-85480388.html)

2011        Dec 5, On November 30, 2011, through one of its distribution partners, Wave Systems Corp. delivered in-full against a $1.7 million order from one of the world's leading international oil and gas companies for Wave's EMBASSY Remote Administration Server (ERAS), EMBASSY Protector Software and related maintenance services to manage laptop computers with self-encrypting drives.
    (Ihub #218,567, 12/5/11)

2011        Dec 7, Today, Wave is starting an invitation-only launch of a new social communications service. Scrambls is a service that enables greater control and privacy in the social media space. The service provides endpoint encryption for text posts made anywhere on the web—as a single solution that the user controls, and can leverage across all social media platforms. When you enter a post or upload a file on Facebook, Google+ Circles, Twitter, or another service, the post can be scrambled before it is uploaded and only a chosen circle of friends will be granted the ability to see the post or photo unscrambled. This applies to the service provider, as well—the information you upload is truly yours, and only you control the ability to choose who to share it with. Facebook or Twitter or LinkedIn only sees (and archives) a jumble of unintelligible characters. Scrambls itself only handles the keys to the encryption, and does not see the content either. The user has ultimate control of who gets Tweets about their family reunion or photos of their kids, and control over how long they live on the site. Scrambls may not be necessary for every post, but it gives you the option to ensure your sharing is limited the way you like.
    (Ihub #218,660, 12/7/11)

2011        Dec 8, WAVE SYSTEMS Wave Systems Corp. announced an agreement to provide Samsung Electronics with engineering services, consulting validation and a customized version of Wave's local management software for Samsung's Trusted Platform Module (TPM) security chips designed for OEM distribution.
    (Ihub #218,782, 12/8/11)

2011        Dec 21, Wave Systems Corp., a leading provider of trusted computing software, today named Robert Frankenberg, 64, to the company's Board of Directors, increasing Wave's Board to six members. Mr. Frankenberg's decades of management experience in the software industry will help guide the company's business development strategy across key verticals including government, technology, healthcare, financial services, industrial and energy.
    (Ihub #219,416, 12/21/11)

2012        Jan 12, VEGA Space GmbH, a provider of support services in the fields of aerospace and defense, was looking for a hard disk encryption, data security on 300 laptops of consultants and managers of the company in Europe should guarantee. "We are very satisfied with the products of Wave Systems," said Christian Schmidt. "The hard disk encryption solution is easy to install, reduces the administrative overhead and is more secure than software-based solutions."
    (Ihub #220,132, 1/12/12)

2012        Jan 25, Wave Systems Corp. today announced that CEO Steven Sprague will speak at the U.S. Department of Defense Cyber Crime Conference 2012 held at the Hyatt Regency Hotel in Atlanta, GA on Thursday, January 26th. The conference focuses on all types of computer-based crime and incident response including intrusion investigations, cyber crime law, digital forensics, information assurance, as well as the research, development, testing and evaluation of digital forensic tools.
    (Ihub #220,606, 1/25/12)

2012        Jan 26, Mission and Installation Contracting Command, Installation Contract Office - Fort Lee, Virginia, intends to award, on a sole source basis, in accordance with 10 USC 2304(c) (1) and FAR 6.302-1, a Small Business contract to Wave Systems Corporation, 480 Pleasant Street, Lee, MA 01238, for services to provide engineering support to PM FBCB2-BFT missions to maintain, upgrade and enhance the quality of the FBCB2 system performance. Wave Systems Corporation has the engineering expertise, a Certification of Networthiness, and is the sole owner with proprietary rights to the Wave Management Software needed to access the encrypted hard drives.
    (Ihub #220,675, 1/26/12)

2012        Jan 30, Wave Systems Corp. has launched Wave Encryption Service (WES), a scalable, yet powerful subscription-based service for data protection. Able to be deployed quickly and managed efficiently on demand, Wave's new service allows organizations to centrally enforce strong data encryption policies on laptops across the organization to secure data and meet compliance regulations -- without the complexity and cost associated with an on-premise solution.
    (Ihub #220,835, 1/30/12)

2012        Jan 30, On January 30, 2012, Wave Systems Corp., a Delaware corporation (the "Company"), entered into an At Market Issuance Sales Agreement (the "Sales Agreement") with MLV & Co. ("MLV"), pursuant to which the Company, from time to time, may issue and sell through MLV, acting as the Company's sales agent, shares of the Company's Class A common stock. The Company's board of directors has authorized the issuance and sale of shares of the Company's Class A common stock under the Sales Agreement for aggregate gross sales proceeds of up to $20,000,000. Offers and sales of Class A common stock under the Sales Agreement will be made pursuant the Company's previously filed shelf registration statement on Form S-3 (File No. 333-175046), which was declared effective on July 22, 2011, and a prospectus supplement, dated January 30, 2012, and accompanying prospectus. The shelf registration statement registered the offer and sale of up to $30,000,000 aggregate offering price of the Company's Class A common stock and other securities; the maximum $20,000,000 covered under the Sales Agreement will be part of this $30,000,000.
    (Ihub #220,886, 1/30/12)

2012        Feb 13, CMS Products, Inc. and Wave Systems Corp. today announced the availability of the first-ever external self-encrypting drive (SED) that meets the rigorous Opal standard. CE Secure DiskVault Wave Edition drives will ship with Wave's EMBASSY Trusted Drive Manager software for activating the drive's advanced security features. "As businesses look to external drives for additional storage, it's important for data to be secured," said Ken Burke, President, CMS Products, Inc. "External SEDs are often used to store sensitive information, creating an even stronger need for industry-standard encryption. By encrypting the drive itself, customers can protect their data from intruders."
    (Ihub #221,766, 2/13/12)

2012        Feb 14, Wave Systems Corp. announced today that a panel of customers will appear at RSA Conference 2012 to discuss their deployments of Wave-managed self-encrypting drives (SEDs). On Monday, February 27th during the Trusted Computing Group's pre-conference workshop, the session will showcase how Opal-standard SEDs addressed the unique data protection needs of each enterprise.
    (Ihub #221,880, 2/14/12)

2012        Feb 15, Wave Systems Corp. signed a distribution agreement for Europe, the Middle East and Africa (EMEA) with leading storage solutions provider Origin Storage. Origin will focus on the forward-looking channel reseller companies in the region interested in providing best-in-class data protection to their customers.
    (Ihub #221,907, 2/15/12)

2012        Feb 16, eSignSystems, a division of Wave Systems Corp., today announced the latest release of SmartSAFE, a leading solution for lifecycle management of electronically signed, legally-binding documents and records requiring ESIGN and UETA compliance. This new version of SmartSAFE features a redesigned SigningRoom that simplifies the entire eDelivery and eSigning process for all parties. Expanded cross-browser support allows users to log into the SigningRoom with all the most popular web browsers. Additionally, the SigningRoom has been optimized for tablets and mobile devices, bringing new convenience to field agents and consumers who need to complete transactions from remote locations.
    (Ihub #221,907, 2/15/12)

2012        Feb 17, Wave Systems Corp. today announced that Steven Sprague, President and CEO, will present at the America's Growth Capital (AGC) 8th Annual Information Security and West Coast Emerging Growth Conference at 12:00 p.m. PT on Monday, February 27, 2012. The conference is being held at the Westin Market Street Hotel in San Francisco and precedes the RSA Conference, also in San Francisco, where Wave will be exhibiting through the remainder of that week (booth #1941 and #2626). –awk(IH222058)

2012        Feb 20, For centralized data protection, Wave Systems Corp. has launched Wave Encryption Service (WES), a scalable subscription-based service for data protection. Able to be deployed quickly and managed efficiently on demand, Wave's service allows organizations to centrally enforce data encryption policies on laptops across the organization to secure data and meet compliance regulations - without the complexity and cost associated with an on-premise solution.
    (Ihub #222,128, 2/20/12) –MaynardG

2012        Feb 24, Wave Systems Corp. announced future Wave development of value-added security solutions for Windows 8. Windows 8 has innovative security features for better malware protection and takes an integrated approach to strong authentication and encryption.
    (Ihub #222,442, 2/24/12) -Weby
2012        Feb 24, American Megatrends Inc. (AMI), a leader in BIOS and computing innovations, and Wave Systems Corp. are collaborating on the development of Windows 8-compatible solutions to assure that platforms remain free of Advanced Persistent Threats (APTs) -- sophisticated cyber-attacks that access and steal information from compromised computers. APTs involve malicious code that circumvents common safeguards such as anti-virus software and seek entry before the operating system loads.
    (Ihub #222,443, 2/24/12) –brant_point

2012        Feb 27, Wave Systems Corp. today announced that Steven Sprague, President and CEO, will present at the 24th Annual ROTH OC Growth Conference on Monday, March 12, 2012 at 1:00 p.m. PT at the Ritz Carlton in Dana Point, California in Salon 3 - Green Track. The annual three-day conference brings together over 400 small- and mid-cap growth companies across a variety of sectors including software and technology.
    (Ihub #222,770, 2/27/12)

2012        Feb 28, Trusted Logic Mobility, the leading provider of security solutions for mobile and connected devices, and Wave Systems Corp. will showcase their combined solution enabling enterprises to extend security architectures normally associated to their PC assets to also cover mobile devices. The joint solution complies with the latest industry security standards.
    (Ihub #222,824, 2/28/12)

2012        Mar 6, Wave Systems Corp. announced today that the Info Security Products Guide, a leading information security research outlet in the industry, has named Safend's Data Protection Suite winner of the 2012 Global Excellence Awards in Endpoint Security. Moreover, Robert Pittman, Chief Information Security Officer for the County of Los Angeles, CA, and a longtime Safend user, was named CSO of the Year.
    (Ihub #223,506, 3/6/12)

2012        Mar 7, Wave Systems Corp., a leading provider of trusted computing software, announced that on Wednesday, March 14th, at 4:30 p.m. ET it will host a webcast/conference call reviewing its fiscal fourth quarter and full year 2011 financial results and recent progress. Wave's Q4 2011 results will be issued after the market's close that day.
    (Ihub #223,585, 3/7/12)

2012        Mar 12, Wave Systems Corp. announced today that it was named one of four finalists for a 2012 SC Magazine Award for its Safend Data Protection Suite, among the IT security industry's most prestigious accolades.
    (Ihub #223,952, 3/12/12)

2012        Mar 14, Wave Systems Corp. announced today that it is postponing its fiscal-year 2011 financial results announcement and related conference call that were originally scheduled for this afternoon. Wave has made a determination that there are certain accounting errors in the financial statements of its subsidiary Safend Ltd. (acquired by Wave September 22, 2011) for the 2009 annual period, the 2010 annual period and the interim six-month period ending on June 30, 2011. Wave requires more time to complete its assessment of these errors and the preparation of the company's fiscal 2011 financial results and Form 10K, particularly the consolidation and related purchase accounting for Safend Ltd. Wave will be filing a report on Form 8-K providing additional details. As a result of the delay, Wave also expects to file a 15-day extension (Form NT 10-K) for the filing of its annual report on Form 10-K which is due on March 15, 2011. Once the financial statements are finalized, Wave will announce a new date for its Q4 news release and conference call and will file its Form 10-K.
    (Ihub #224133, 3/14/12)

2012        Mar 15, Wave filed a Form 8-K explaining the accounting errors, which dated back to 2009. Share value quickly returned to the previous day’s trading levels.
    (Ihub #224,257, 3/15/12)

2012        Mar 16, Wave filed a Form 10-K. Based on the Company’s current estimates and depending on the completion of the accounting error assessment for its Safend subsidiary, the Company expects to report a net loss for the year ended December 31, 2011 of approximately $10.5 million as compared to a net loss of approximately $4.1 million for the year ended December 31, 2010.  Factors contributing to this estimated increase in net loss include (i) an increase in non-Safend stock based compensation of approximately $2.6 million as a result of increased estimated fair values for the 2011 stock-based payment awards, (ii) an increase in non-Safend salaries and related benefits totaling approximately $5.7 million in support of its growing customer base, (iii) an increase of approximately $1.8 million in non-Safend professional services expenses, consisting primarily of acquisition costs, recruitment fees and outsourced engineering services and (iv) the net loss of Safend, a wholly-owned subsidiary acquired on September 22, 2011, the sum of which are expected to be partially offset  by an increase in non-Safend net revenues of approximately $8.3 million, primarily as the result of revenue recognized on its large class customer license upgrades which were recognized ratably during 2011 and for which the Company had not achieved vendor-specific objective evidence.
    (Ihub #224,403, 3/116/12)

2012        Mar 20, Video link posted on Security and Wave:
    http://www.youtube.com/watch?v=plfOA71TzDE&list=UUQJgo3wvqg2NFa9uxHY8crQ&index=1&feature=plcp
2012        Mar 21, Success stories video: Lean Logistics: 2 parts
    http://www.youtube.com/watch?v=8_jkRjd0XeQ&feature=autoplay&list=UUQJgo3wvqg2NFa9uxHY8crQ&lf=plcp&playnext=3
    http://www.youtube.com/watch?v=QMpOMimrZQI&feature=autoplay&list=UUQJgo3wvqg2NFa9uxHY8crQ&lf=plcp&playnext=2

2012        Mar 26, Wave Systems Reschedules Q4 Conference Call for Wednesday, March 28th at 4:30 p.m. Wave Systems Corp. announced that on Wednesday, March 28, at 4:30 p.m. ET it will host a webcast/conference call reviewing its fiscal fourth quarter and full-year 2011 financial results and recent progress. Wave's Q4 2011 results will be issued after the market's close that day. Earlier this month, the company postponed its regularly scheduled conference call after making a determination that it would need additional time to complete its annual financial statements due to certain pre-acquisition accounting errors identified in the financial statements of its subsidiary Safend Ltd. (acquired by Wave in September 2011). Wave filed a 15-day extension (Form NT 10-K) for the filing of its annual report. (415) 226-5356 or (212) 231-2902.
    (Ihub #224,829, 3/26/12)

2012        Mar 27, Wave Systems Corp. announced today that it has received a contract from the U.S. Army. Under the terms of the contract, Wave will provide labor, equipment and management to implement solutions for the Army's self-encrypting drives (SEDs) in support of Army operations.
    (Ihub #224,832, 3/27/12)

2012        Mar 28, Wave's Q4 '11 total net revenues rose 57% to $11.0 million compared to $7.0 million in Q4 '10 and rose 16% over Q3 '11 net revenues of $9.5 million. The increase in total net revenues was primarily the result of the recognition of $2.4 million of revenue from "large" enterprise customers and $1.6 million of Safend net revenue for the full quarter. Wave recognizes "large" enterprise orders (5,000 or more licenses) as earned revenue ratably over the arrangement's maintenance term which is typically twelve months. Wave recorded a Q4 '11 net loss of $4.9 million, or $0.05 per basic and diluted share, compared to a Q4 '10 net loss of $1.2 million, or $0.01 per basic and diluted share, and a Q3 '11 net loss of $1.8 million, or $0.02 per basic and diluted share. As of March 26, 2012, Wave has issued approximately 1.1M shares of its common stock through the ATM structure at an average price of $2.185 per share, raising net proceeds of approximately $2.4M after deducting offering costs of approximately $73,000.
    (Ihub #224,885, 3/28/12)

2012        Apr 2, Wave Systems Corp. announced today that it has partnered with Vigil Software Ltd., an award-winning IT security distributor based in the United Kingdom (UK). The agreement marks the latest step in Wave's strategic channel expansion targeting enterprise customers in Europe, Middle East and Africa (EMEA).
    (AB- WAVX DD #7286, 4/2/12)

2012        Apr 10, Wave Systems Corp. announced today that it has partnered with CDW, a leading provider of technology solutions to business, government, education and healthcare in North America. "We are thrilled to be a CDW partner," said Brian Berger, Wave's Executive Vice President of Marketing & Sales. "We believe that this partnership can help the sales progress that Wave has built for its portfolio over the past several years. We look forward to actively working with CDW to introduce the next generation of endpoint security solutions to the market.
    (Ihub #225,214, 4/10/12)

2012        Apr 18, eSignSystems™, a division of Wave Systems Corp. announced today that Medallion Analytics has licensed and implemented the SmartSAFE™ electronic vault for use in its web-based mortgage audit and analytics solutions.
    (Ihub #225,322, 4/18/12)

2012        Apr 24, Wave Systems Corp. (NASDAQ: WAVX) (www.wave.com) announced today the results of a survey of enterprise network security professionals that reveals a lack of preparedness for Advanced Persistent Threats (APTs) at many firms. The focused survey also highlighted a general confidence and a false sense of security among network security managers and staff about the ability of IT defenses to prevent cyber-attacks in the next year.
    (Ihub #225420, 4/23/12)

2012        May 2, Today, scrambls launched as a free service empowering users to control and protect the messages they post to the web. Scrambls works on all of the most popular social media sites by means of a simple, yet secure web browser plug-in. It gives everyone the ability to share private communications online, and establishes personal control of every tweet, blog post or status update.
    (Ihub #225,617, 5/2/12)

2012        May 3, Wave Systems Corp. (NASDAQ: WAVX), a leading provider of trusted computing software, announced it will host a webcast/conference call reviewing its 2012 first quarter results and recent progress, on Thursday, May 10th at 4:30 p.m. ET. Wave's results will be issued after the market's close that day. WEBCAST/REPLAY: Available at http://www.wave.com/news/webcasts.asp, TEL: 415-226-5361 or 212-231-2915
    (Ihub #225,654, 5/3/12)

2012        May 9, The Child Safety Network (CSN), America's leading child safety organization since 1989, has chosen scrambls as the recipient of its 2012 National Child Safety Award. Scrambls is a free service that empowers users to control and protect messages posted to the web and social networking sites. With scrambls, parents and their children gain lasting control of every tweet, blog post or status update.
    (Ihub #225,735, 5/9/12)

2012        May 10, Wave reported Q1 total net revenues of $6.98 million, compared with $7.5 million in Q1 '11 and $11.0 million in Q4 '11. Both Q1'11 and Q4'11 net revenues benefitted from large enterprise customer licenses that were recorded ratably during 2011, amounting to $1.7 million in Q1 '11 and $2.7 million in Q4 '11. Wave recorded a Q1 '12 net loss of $8.3 million, or $0.09 per basic and diluted share, compared to a Q1 '11 net loss of $2.3 million, or $0.03 per basic and diluted share, and a Q4 '11 net loss of $4.9 million, or $0.05 per basic and diluted share. Per share figures are based on a weighted average number of basic shares outstanding during Q1 '12, Q1 '11 and Q4'11 of 90.2 million, 82.2 million and 88.5 million, respectively.
    (Ihub #225,654, 5/10/12)

2012        May 23, Wave Systems Corp. announced today that CEO Steven Sprague will join representatives from Microsoft, the NSA and Fixmo to discuss the importance of trusted computing in solving security problems organizations face every day. The panel presentation takes place Thursday, May 24th, at the 15th annual Secure Communications and Computing User Conference and Training at The Paris Hotel, Las Vegas, Nevada.
    (Marketwire)

2012        May 29, Wave Systems Corp. signed a 15-year Software License and Distribution Agreement with Samsung Electronic Co, Ltd ("Samsung") permitting the distribution of Wave's Embassy? Security Center (ESC) and TCG Software Stack (TSS) software technology with Samsung devices that include a Trusted Platform Module (TPM). Wave will receive a per-unit royalty based on Samsung's sales of products that are equipped with or include Wave's software technology. The contract does not provide for guaranteed minimum or maximum shipped quantities or royalties.
    (Ihub #226,056, 5/29/12)

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