Financial News

2010

May 10, 2010
Wave Q1 Revenues Rose 45% to $5.9 Million on Continued Growth in Software License Activity

March 11, 2010
Wave Q4 Revenues Grew 58% to $5.2 Million, Q4 Billings Rose 91% to $7.1 Million and 2009 Revenues Rose 114% to $18.9 Million

2009

November 9, 2009
Wave Q3 Revenues Rose 164% to $4.8 Million with Record Total Billings of $5.2 Million

August 10, 2009
Wave Q2 Revenues Rose 142% to $4.8 Million and its Q2 Net Loss Declined to $344,000 from a Net Loss of $5.6 Million

May 11
Wave Q1 ’09 Revenues Rose 137% to $4.0 Million on Increased Software License and Services Activity

March 12
Wave’s Q4 and Full Year Net Revenues Rose 75% to $3.3 million and 40% to $8.8 Million – Each Record Levels

2008

November 10
Wave Q3 ’08 Revenue Grew 6% to $1.8 Million as Q3 ’08 Billings Rose 36% to $2.3 Million

August 11
Wave Q2 2008 Revenues Rise 41% to a Record $2.0 Million on Continued Growth in Software License Sales

May 12
Wave Q1 2008 Revenues Rose 32% to $1.7 Million on Continued Growth in Bundled PC OEM Software Royalties

March 13
Wave Achieves Record Net Revenues of $1.9 million and $6.3 Million for Q4 and Full-Year 2007, Respectively

2007

November 7
Wave Q3 2007 Revenues Rise to a Record $1.7 Million Driven by Strength in PC OEM Royalties

August 8
Wave Q2 2007 Revenues Rise to a Record $1.4 Million On Continued Strength in PC OEM Software Royalties

May 10
Wave Q1 2007 Revenues Rise to a Record $1.3 Million Reflecting Continued Strength in PC OEM Software Royalties

March 14
Wave Q4 and Full-Year 2006 Revenues Rise 149% and 206% to $866,000 and $3.1 Million, Respectively, on Continued Strength in OEM Software Royalties

2006

November 9
Wave Q3 Revenues Rise over 150% to $846,000

August 3
Wave Q2 Net Revenues Rise to $910,000, Primarily Due to Initiation of Bundled Software Shipments by OEM Customers and Increased Services Activity

May 10
Wave Reports Q1 '06 Revenues of $493,000 up from $78,000 in Q1 '05

March 14
Wave Systems Reviews 2005 Results and Highlights its Progress in the Trusted Computing Marketplace

February 16
Wave Systems To Complete $4.4 Million Offering

February 8
Wave Systems Form 8K — Wave Systems Corp. has been awarded a $319,000 contract by a United States Department of Defense agency

January 30
Wave Systems Form 8K — License Agreement with Gateway Companies

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2005

November 21
Wave Systems Form 8K — License agreement with Dell Inc.

November 9
Wave Systems Reports Third Quarter '05 Results

August 9
Wave Systems Reports Second Quarter '05 Results

May 10
Wave Systems Reports First Quarter '05 Results

March 16
Wave Systems To Complete $4.1 Million Offering Under $25 Million Shelf Registration Statement

March 15
Wave Systems Reports Fourth Quarter '04 Results

February 1
Wave Systems Form 8K — ETS Enterprise Security Dell Edition 1.0 made available for purchase on Dell web site

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