I'm not sure anyone has answered your question, due to the fact that it is not going to be the standard positive answer.
The answer is to your question is no. After reading the RFQ, Wave misses on about 10 or more requirements. The first question asked is do you meet the FIPS 140-2 requirement.
Mr. Levine would like disagree with me by thinking Wave can piggyback one of their partners FIPS 140-2. No can do(Shelly, no need for a nasty response).
My suggestion is that instead of listening to Shelly or Snackman you do your own due diligence by contacting NIST or reviewing the enclosed documents: http://csrc.nist.gov/publications/fips/
That being said, you don't need to be FIPS compliant to sell to enterprise customers, such as Papa Gino's.
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