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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?

To: GerryMiles who wrote (7016)	5/24/1999 12:44:00 PM
From: Techplayer	Read Replies (2) \| Respond to of 11417

excellent.. May 24, 1999 12:29 PM Lee, Mass.--(BUSINESS WIRE)--May 24, 1999--Wave Systems Corp. WAVX announced today that it has received formal approval from the Listing Qualifications Panel of The Nasdaq Stock Market, Inc. for its listing application for the Nasdaq National Market(R). Accordingly, with the opening of trading on Thursday, May 27th, 1999, Class A Common Shares of Wave Systems Corp. is scheduled to commence trading on the Nasdaq National Market under the symbol "WAVX." Commenting on the action, Peter J. Sprague, Chairman of Wave Systems, said, "We are pleased to return to the Nasdaq National Market. Wave's increasing momentum has been recognized with strong support from individual shareholders over the past six months, and we appreciate that invaluable support. With a Nasdaq listing, Wave will now have access to increased visibility within the institutional investment community, the business and financial media as well as retail investors." About Wave Systems Corp: Founded in 1988, the mission of Wave Systems Corporation is to create the world's best technologies and services to secure and sell digital information. Wave's core EMBASSY technology is an inexpensive, proprietary hardware and software-based device that enables secure transaction processing and distributed information metering in users' PCs. Embedded in PC hardware and peripherals, set top boxes and other devices, EMBASSY is the foundation for client-based security applications and a new distribution and purchasing model for content and services. This low-cost, secure "system within a system" will enable the personal computer to assume an important new role in the evolving digital economy. By moving secure transactions to the desktop, Wave provides intrinsic value to the electronic commerce process, benefiting PC users, application developers, and hardware manufacturers. For more information, please visit Wave's corporate web site at wave.com. Safe Harbor for Forward-Looking Statements: Except for the statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to fund operations, the loss of market share, changes in consumer buying habits and other factors over which Wave Systems Corp. has little or no control.