• July 23, 2015

    Wave Systems Announces Filing of Hearing Request to NASDAQ Listing Qualifications Panel

    Wave Systems Corp. (NASDAQ: WAVX) today announced that the Company has filed a hearing request before the NASDAQ Listing Qualifications Panel (the “Panel”) regarding the Company’s continued non-compliance with the minimum $1.00 bid price requirement.  As previously announced, the Listing Qualifications Staff of The NASDAQ Stock Market LLC provided notice to the Company on July 16, 2015 that, based upon the Company’s continued non-compliance with the minimum $1.00 bid price requirement, as set forth in NASDAQ Listing Rule 5550(a)(2), as of July 14, 2015, the Company’s common shares would be subject to delisting from NASDAQ effective July 27, 2015 unless the Company timely requests a hearing before the Panel.

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  • July 17, 2015

    Wave Systems Announces Receipt of NASDAQ Notice of Non-Compliance

    Wave Systems Corp. (NASDAQ: WAVX) today announced that, by letter dated July 16, 2015, the Listing Qualifications Staff of The NASDAQ Stock Market LLC notified the Company that, based upon its continued non-compliance with the minimum $1.00 bid price requirement, as set forth in NASDAQ Listing Rule 5550(a)(2), as of July 14, 2015, the Company's common shares would be subject to delisting from NASDAQ effective July 27, 2015 unless the Company submits a request for a hearing before the NASDAQ Listing Qualifications Panel (the "Panel").

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  • 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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  • December 15, 2014

    Wave Systems Elects New Chairman of the Board

    Wave Systems Corp. (NASDAQ:WAVX) announced that David Côté has been elected as the company’s newly appointed Chairman of the Board of Directors, effective immediately.

    “I am honored to be named Chairman of Wave’s Board of Directors,” said David Côté.  “I look forward to assisting the management team in pursuing the company’s growth strategy with the goal of offering meaningful value to both our clients and our shareholders.”

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  • December 4, 2014

    Media Advisory: Wave Systems to Present Cybersecurity Briefing on Protecting Government Agencies in 2015

    Wave Systems Corp. (NASDAQ: WAVX) will host a presentation on the current state of cyberattacks and explain how most of the computers in use today already contain the hardware necessary to help protect against intrusions and data breach. John Fitzgerald, North American CTO of Wave Systems Corp., will present a unique demonstration of how the United States can improve its cybersecurity posture for 2015.

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  • December 1, 2014

    Wave Systems Statement on the Passing of Chairman of the Board John E. Bagalay

     

    Wave Systems Corp. (NASDAQ: WAVX) is saddened by the unfortunate passing on Saturday, November 29, of longtime Chairman and member of the company’s Board of Directors, John E. Bagalay, Jr., Ph.D. Mr. Bagalay had been a valued member of the Board since 1993 and Chairman of the Board since 2003. He will be remembered for the many significant contributions he had made to the company over the past 20 years.

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  • November 18, 2014

    Wave Systems Files $15M Shelf Registration Statement

    Wave Systems Corp. (NASDAQ: WAVX), an enterprise security software provider, announced today that it has filed a $15 million shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). The registration statement is subject to review by the SEC.

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  • November 6, 2014

    Wave Reports Q3 Net Revenues of $4.3M

    Wave Systems Corp. (NASDAQ: WAVX), an enterprise security software provider, today reported third quarter (Q3 ‘14) results for the period ended September 30, 2014. Wave will host a live webcast http://www.wave.com/resource-center/webcasts and conference call (212-231-2902) today at 4:30 p.m. ET to review its Q3 results and progress to date in 2014.

    Q3 Financial Highlights

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  • October 28, 2014

    Partner News: Micron Technology, Wave Systems, Lenovo and American Megatrends Inc. Announce Intention to Create New Industry Standard to Meet Heightened Global Security Requirements

    Micron Technology, Inc. (Nasdaq:MU), a global leader in advanced semiconductor systems, and Wave Systems Corp. (Nasdaq:WAVX), a leading provider of endpoint security, today announced they intend to expand their collaboration to include Lenovo (HKSE:992) (ADR:LNVGY) and American Megatrends Inc. (AMI). Together, the four companies plan to develop advanced enterprise-class security offerings to address the escalating concerns of governments and multinational businesses.

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  • October 27, 2014

    Wave Systems to Hold Q3 Conference Call Thursday, November 6 at 4:30 p.m. ET

    Wave Systems Corp. (NASDAQ: WAVX), an enterprise security software provider focused on authentication and encryption management solutions, announced today it will host a webcast/conference call to review its 2014 third quarter results on Thursday, November 6 at 4:30 p.m. ET.

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

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

             Call Dial-In #:             212-231-2902

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  • October 19, 2014

    Wave Systems Names Gary Patton as Executive Vice President

    Wave Systems Corp. (NASDAQ: WAVX) announced it has appointed retired U.S. Army Major General Gary Patton as the company’s Executive Vice President and Chief of Staff.


    Reporting directly to Wave’s President and CEO, Bill Solms, Mr. Patton will be responsible for efficient and effective coordination and synchronization across the entire corporate team, including the implementation and execution of corporate strategic initiatives and policies.

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  • October 16, 2014

    Wave Systems Completes Sale of eSignSystems for $1.2M

    Wave Systems Corp. (NASDAQ: WAVX) announced that it has sold eSignSystems – a leader in lifecycle management software for eDelivery, eSignature and eRentention – to California-based DocMagic, Inc., a leading provider of loan and document preparation solutions for the mortgage industry, in an all cash deal for $1.2 million. eSignSystems has been a division of Wave since 2001.

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  • October 2, 2014

    Gartner Positions Wave Systems as Visionary in 2014 Magic Quadrant for Mobile Data Protection

    Wave Systems Corp. (NASDAQ: WAVX) announced it has been named a Visionary by leading analyst firm Gartner Inc. in its 2014 Magic Quadrant for Mobile Data Protection (MDP). This achievement marks the third consecutive year that Wave has been recognized as a visionary in the MDP space. Companies in the Magic Quadrant are positioned for completeness of vision and ability to execute.

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