LEE, MA — (Marketwire) — 03/26/12 — Wave Systems Corp. (NASDAQ: WAVX) () announced that on Wednesday, March 28, at 4:30 p.m. ET it will host a webcast/conference call reviewing its fiscal fourth quarter and full-year 2011 financial results and recent progress. Wave-s Q4 2011 results will be issued after the market-s close that day.
Earlier this month, the company postponed its regularly scheduled conference call after making a determination that it would need additional time to complete its annual financial statements due to certain pre-acquisition accounting errors identified in the financial statements of its subsidiary Safend Ltd. (acquired by Wave in September 2011). Wave filed a 15-day extension (Form NT 10-K) for the filing of its annual report.
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Wave Systems Corp. (NASDAQ: “WAVX”) reduces the complexity, cost and uncertainty of data protection by starting inside the device. Unlike other vendors who try to secure information by adding layers of software for security, Wave leverages the security capabilities built directly into endpoint computing platforms themselves. Wave has been a foremost expert on this growing trend, leading the way with first-to-market solutions and helping shape standards through its work as a board member for the Trusted Computing Group.
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For more information please contact:
Gerard T. Feeney
CFO
Wave Systems Corp.
413-243-1600
Jennifer Neuman, David Collins
212-835-8500
Jaffoni & Collins
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