• June 23, 2015

    Global Professional Services Firm Renews Software Maintenance Agreement with Wave Systems

    Wave Systems Corp. (NASDAQ: WAVX) announced that a global professional services firm has signed a one-year software maintenance renewal agreement for approximately $150,000 to use Wave’s TPM management software capabilities to secure their endpoint devices.

    The customer utilizes Wave’s solution in conjunction with industry-standard Trusted Platform Module (TPM) security chips to deliver hardware-based secure authentication for over 100,000 employees worldwide.  

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  • May 27, 2015

    Wave Announces Closing of Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

    Wave Systems Corp. (NASDAQ: WAVX) today announced the closing of its previously announced underwritten public offering of 7,300,000 units with each unit consisting of one share of Class A common stock and a warrant to purchase 0.5 shares of Class A common stock, at a public offering price of $0.65 per unit. The Company also today announced the underwriter fully exercised its option to purchase an additional 1,095,000 shares of Class A common stock and warrants to purchase up to 547,500 shares of Class A common stock. Net proceeds to the Company from the offering, after deducting underwriting discounts and commissions, are expected to be approximately $5.1 million.

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  • May 21, 2015

    Wave Announces Pricing of Public Offering

    Wave Systems Corp. (NASDAQ: WAVX) today announced the pricing of a $4.7 million underwritten public offering of 7.3 million units. Each unit consists of one share of Class A common stock and a warrant to purchase 0.5 shares of Class A common stock, at a public offering price of $0.65 per unit.  The Company has also granted the underwriter a 30-day option to purchase up to an additional 1.095 million shares of Class A common stock and/or warrants to purchase up to 547,500 shares of Class A common stock to cover overallotments in connection with the offering. Each warrant will have an exercise price of $0.81 per share and will be exercisable for 60 months beginning from the date of original issuance. The Company expects to receive net proceeds of approximately $4.4 million after underwriting discounts and commissions, assuming no exercises of the overallotment option. The offering is expected to close on or about May 27, 2015, subject to customary closing conditions.

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  • May 20, 2015

    Wave Announces Public Offering

    Wave Systems Corp. (NASDAQ: WAVX) announced today that it plans to make a public offering of shares of its Class A common stock and warrants. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering

    Roth Capital Partners will act as the sole manager for the offering. The Company intends to use the net proceeds from the offering primarily for working capital.

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  • April 30, 2015

    Wave Reports Q1 ‘15 Revenue of $2.5M on Total Billings of $4.4M; Q1 Total Billings Rose 52% over Q4 ‘14

    Wave Systems Corp. (NASDAQ: WAVX), an enterprise security software provider, today reported results for the first quarter ended March 31, 2015 (Q1 ’15). Wave will host a live webcast https://www.wave.com/resource-center/webcasts and conference call (212-231-2902) today at 4:30 p.m. ET to review its Q1 ’15 results and progress to date in 2015.

    Q1 Financial Highlights

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  • April 23, 2015

    Wave Systems to Hold Q1 2015 Conference Call Thursday, April 30, at 4:30 p.m. ET

    Wave Systems Corp. (NASDAQ: WAVX), an enterprise security software provider, announced today it will host a webcast/conference call to review its 2015 first quarter results on Thursday, April 30, at 4:30 p.m. ET.

    Wave’s results will be issued after the market closes that day.

             Webcast / Replay:  https://www.wave.com/resource-center/Webcasts

    Call Dial-In #:          212-231-2902

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  • March 10, 2015

    Wave Systems Signs MOU with Nationz, Leading TPM Vendor in China

    Wave Systems Corp. (NASDAQ: WAVX) and Nationz Technologies (SZSE: 300077) announced that they have signed a memorandum of understanding (MOU), under which the companies will jointly promote Trusted Platform Module (TPM) 2.0 solutions worldwide. Wave is the first TPM software vendor to work with Nationz – the leading TPM vendor in all of China.

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  • March 5, 2015

    Wave Reduces 2014 Operating Expenses by 32% and Trims Net Loss by $7M

    Wave Systems Corp. (NASDAQ: WAVX), an enterprise security software provider, today reported fourth quarter (Q4 ’14) and full-year results for the period ended December 31, 2014. Wave will host a live webcast http://www.wave.com/resource-center/webcasts and conference call (212-231-2919) today at 4:30 p.m. ET to review its Q4 and full-year results and progress to date in 2015.

    Q4 Financial Highlights

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  • March 3, 2015

    Wave Systems Appoints New Board Member, R.S. Cheheyl

    Wave Systems Corp. (NASDAQ:WAVX) announced that R. Stephen Cheheyl has been elected as the company’s newest member of the Board of Directors, effective April 6, 2015.

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  • February 26, 2015

    Wave Systems Appoints Will Stefan Roth Vice President, EMEA Sales

    Wave Systems Corp. (NASDAQ: WAVX) announced the appointment of Will Stefan Roth as Vice President, EMEA (Europe, the Middle East and Africa) Sales. Mr. Roth is tasked with leading Wave’s continued expansion in the EMEA market and spearheading initiatives to accelerate the company’s growth throughout the region. Roth succeeds interim VP Jan Dauman, who returns to a Wave advisory role, concentrating on business development in EMEA.

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  • February 25, 2015

    Wave Systems to Hold Q4 and FY 2014 Conference Call Thursday, March 5, at 4:30 p.m. ET

    Wave Systems Corp. (NASDAQ: WAVX), an enterprise security software provider, announced today it will host a webcast/conference call to review its 2014 fourth quarter and full-year results on Thursday, March 5, at 4:30 p.m. ET.

    Wave’s results will be issued after the market closes that day.

             Webcast / Replay:     https://www.wave.com/resource-center/Webcasts

             Call Dial-In #:             212-231-2919

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  • January 28, 2015

    Wave Systems Earns Top Score in Strategy Category by Technology Analyst

    Wave Systems Corp. (NASDAQ: WAVX) announced it has been cited as a “Strong Performer” in the report titled The Forrester Wave™: Endpoint Encryption Q1 2015, a comprehensive overview of the endpoint encryption market and vendor landscape. The report was published by Forrester Research, Inc. a leading global technology research and advisory firm, based in Cambridge, MA.

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  • January 27, 2015

    Wave Completes $3.6 Million Stock Offering

    Wave Systems Corp. (NASDAQ:WAVX) today announced that it is selling to investors 5,513,044 shares of its Class A common stock at a price of $0.65 per share, yielding gross proceeds of approximately $3,583,000. Investors in the offering will also receive five-year warrants to purchase an aggregate of 2,205,216 shares of Wave’s Class A common stock for $0.70 per share.  The net proceeds of the financing will be used to fund Wave’s ongoing operations.

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