DALLAS, March 3, 2010 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring computer peripherals company Wave Systems Corp. (Nasdaq:WAVX). The report includes financial, comparative and investment analysis, and pertinent industry information you need to know to make an educated investment decision.
It is available at: http://www.beaconequity.com/i/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. ... WAVX serves chip original equipment manufacturers (OEMs), PC OEMs, enterprise customers and systems integrators.
In the report, the analyst notes:
"Principally reflecting higher bundled software royalties, services revenue and increased software upgrade sales, WAVX's Q3 2009 net revenues rose 164% to $4.8 million, compared with Q3 2008 net revenues of $1.8 million. Q3 2009 net revenues rose 1% over Q2 2009 due to a 7% increase in licensing revenue that more than offset a decline in services revenue related to the completion of a government contract in Q3 2009. Total billings for Q3 2009 grew 13% to $5.2 million compared to Q2 2009 and grew 126% as compared to Q3 2008. A reconciliation of total billings to total net revenues is provided below.
"WAVX announced in late February that it will demonstrate its industry-leading management solution for self-encrypting drives on laptops from different OEMs. A second demonstration will show how the widely available TPM security chip can safeguard the private keys associated with digital certificates—often vulnerable to common shareware—protecting networks from unauthorized access."
Read the entire report at: http://www.beaconequity.com/i/WAVX
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