Top 10 Institutional Holders 6/24/10: WAVX Name: Shares: Estimated Value of Shares * Holdings: Shares Outstanding: Turnover Rating http://www.dailyfinance.com/company/wave-systems-corporation/wavx/nas/institutional-ownership Vanguard Group, Inc. 991,424 3.97 M 0.00% 1.24% Low Sand Hill Advisors, Inc. 904,600 3.62 M 2.64% 1.13% Medium Bridgeway Capital Management, Inc. 701,902 2.81 M 0.10% 0.88% Medium Oberweis Asset Management, Inc. 665,815 2.66 M 0.32% 0.83% Medium CQS Cayman LP 500,000 2.00 M 0.47% 0.62% High Gruber & McBaine Capital Management, L.L.C. 423,159 1.69 M 0.26% 0.53% Medium Bard Associates Inc. 406,625 1.63 M 1.21% 0.51% Low Artio Global Management LLC 299,550 1.20 M 0.00% 0.37% Medium Rathbone Investment Management Ltd. 285,228 1.14 M 0.04% 0.36% Low BlackRock Institutional Trust Company, N.A. 190,006 760,024.00 0.00% 0.24% Low