Wave Systems (WAVX - Cramer's Take - Stockpickr - Rating) advanced sharply on news that its security-management software has been used in Seagate Technology's (STX - Cramer's Take - Stockpickr - Rating) encrypting notebook-PC hard drives, which are currently being shipped to IT-distributor ASI Computer Technologies. Wave shares were gaining 42 cents, or 15.9%, to $3.06. Seagate was recently off a penny to $24.25.