Wave Systems Corp. (fka WAVXQ)

[BerthaB]

summary of new (closed) sales since Q4 started:

mid-size law firm (FDE)

accounting software firm (FDE, TPM and server tools)

small insurance company (FDE, TPM and server tools), not previously a DELL customer

these are under 100 seats per customer

also:

small credit union

technology manufacturing company (competed successfully against another company to manage FDE drives)

government contractor (customized web page for ordering); capable of multiple thousands of seats per year. Won't let Wave disclose identity.

small federal account (evaluation system)

defense department agency (over 600 seats)

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possible large new customer:

wave has a proposal out to them for ~$500K to turn on seats.