InvestorSoup Initiates Independent Research Coverage for Wave Systems Corp.


DALLAS, Jan. 6, 2010 (GLOBE NEWSWIRE) -- InvestorSoup.com announces an investment report featuring Wave Systems Corp. (Nasdaq:WAVX). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.

It is available at: http://www.investorsoup.com/lp/WAVX

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Wave Systems Corp. (WAVX) develops, produces and markets products for hardware-based digital security, including security applications and services that are complementary to and work with the specifications of the Trusted Computing Group (TCG), an industry standards organization comprised of computer and device manufacturers, software vendors and other computing products manufacturers. Specifications developed by the TCG are designed to address a range of digital security issues. These issues include identity protection, data security, digital signatures, electronic transaction integrity, platform trustworthiness, network security and regulatory compliance.

Message Board Search for WAVX: http://www.boardcentral.com/boards/WAVX

In the report, the analyst notes:

"WAVX'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 WAVX'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.

"WAVX recently 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. The orders were received by WAVX through an OEM partner in late December and total approximately $5.7 million. On average, the orders account for tens of thousands of new licenses per year for each of the next three years, along with maintenance orders for each of the next five years."

To read the entire report visit: http://www.investorsoup.com/lp/WAVX

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InvestorSoup.com Disclosure

InvestorSoup.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. InvestorSoup.com is a Web site wholly owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, InvestorSoup.com, for complete risks and disclosures.



            

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