Scottsdale 7/24/2012 10:15:00 PM
News / Finance

Wave Systems (WAVX) Announces Worldwide Distribution Agreement with Lenovo

QualityStocks would like to highlight Wave Systems Corp. (NASDAQ: WAVX). The company 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 hardware security capabilities built directly into endpoint computing platforms themselves.

In the company’s news yesterday,

Wave Systems Corp. announced that the company has entered into a worldwide distribution agreement with Lenovo. The agreement states that Lenovo will offer Wave’s security solutions on a resale basis and through its channel partners. Wave is a leader in offering solutions to cater to the growing trend of using hardware-based security technologies to offer improved access control, encryption, and the early detection of malware.

“Wave is honored to continue and expand its relationship with Lenovo, one of the pre-eminent PC manufacturers in the world,” said Steven Sprague, CEO of Wave Systems. “While Lenovo has long been one of our supporting OEMs — for years procuring Wave software through our distribution partners — this agreement gives Lenovo direct access to the Wave portfolio.”

“Gaining direct access to Wave’s endpoint security solutions means Lenovo customers now have a one-stop-shop to purchase PCs bundled with Wave’s robust security and management solutions,” said Wes Williams, Director of Ecosystems & Monetization Marketing Operations, Lenovo. “This agreement greatly simplifies the buying process for our customers who use Wave solutions to activate and manage SEDs, along with TPMs for persistent and unique identity, as well as the early detection of Advanced Persistent Threats.”

Wave Systems is a leading provider of client and server software for hardware-based digital security, enabling organizations to know who is connecting to their critical IT infrastructure, protect corporate data, and strengthen the boundaries of their networks. Wave’s expanded portfolio enables companies to defend data, deter unauthorized users, devices and malware, and detect emerging threats.

About QualityStocks

QualityStocks, based in Scottsdale, Arizona, is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their investor communication efforts and connecting subscribers with companies that have huge potential to succeed in the short and long-term future.

To sign up for The QualityStocks Daily Newsletter, please visit www.QualityStocks.net 

Please read FULL disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.net  

Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.