TuesdayJun 03, 2008 3:48 am

Dutton Associates Featured Company: Wave Systems Corp. (WAVX)

Wave Systems Corp. (NASDAQ: WAVX) provides software to help solve critical enterprise PC security challenges, such as strong authentication, data protection, network access control and the management of enterprise functions. Originally incorporated in 1988 as Indata Corp., the company changed its name to Wave Systems Corp. in 1993 and maintains operations in Massachusetts, California, New Jersey, and Paris, France. As a pioneer in hardware-based PC security, Wave Systems enables organizations to know who is connecting to their critical IT infrastructure, thus protecting corporate data and strengthening the boundaries of corporate networks. In addition, Wave Systems is one of the founding…

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MondayJun 02, 2008 2:57 pm

Wave Systems Corp. (WAVX) Joins Prominent Industry Leaders with Permanent Seat on Board of TCG

Wave Systems (Nasdaq: WAVX) provides software solutions for enterprise PC security challenges such as data protection, authentication, network access control and the management of each function. Today the company announced it has accepted an invitation to join a permanent seat on Trusted Computing Group’s board of directors. Wave will join permanent members AMD, HP, IBM, Infineon, Intel, Lenovo, Microsoft, Sun and Seagate Technology on the board, and will upgrade its membership status to “Promoter.” "On behalf of the Trusted Computing Group, I'm pleased to announce the addition of Wave Systems as a permanent member of the board and a valued…

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MondayMar 03, 2008 3:31 pm

Wave Systems Corp (WAVX) Sells 3,173,500 of Class A Common Stock

Wave Systems, a leading programmer of dependable computing solutions and services, has announced that it has agreed to sell 3,173,500 shares of its Class A common stock at the price of $1.10 per share, giving gross total amount derived of approximately $3.5 million. Five-year warrants will be given to private placement investors to purchase a collection of 952,050 shares of Wave’s Class A Common Stock for $1.15 per share. Approximately $3.3 million (net proceeds of the financing) will be used to fund Wave Systems ongoing operations. CEO of Wave Systems, Steven Sprague said, “The need for hardware security solutions to…

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