Wave Systems Corp. (fka WAVXQ)

[Fullmoon]

re: RSA

RSA Security Inc. provides interoperable solutions for establishing online identities, access rights and privileges for people, applications and devices. The Company has two business segments, the e-Security Solutions segment and the RSA Capital segment. Its e-Security Solutions segment sells enterprise solutions and developer solutions through its four product lines: RSA SecurID authentication, RSA Keon digital certificates and smart card solutions, RSA BSAFE developer tools and RSA ClearTrust Web access management software. Its RSA Capital segment consists of its investment activities.

RSAS is a provider of electronic security solutions. The Company helps build secure, trusted foundations for electronic businesses through use of its two-factor user authentication, encryption and public key management products and solutions. For the six months ended 6/03, revenues rose 11% to $124.7 million. Net income totalled $5 million vs. a loss of $38.8 million. Results reflect SecurID authentication product line growth and the absence of restructuring charges.