Wave Systems Corp. (fka WAVXQ)

[Snackman]

Digital Management Wins 5-Year $5 Million Dollar Contract with the USDA
Services Ensure Ongoing Transparent Reporting of Accurate Livestock Prices

Bethesda, MD—August 27, 2010—Digital Management, Inc. (www.digitalmanagement.com), a leading IT solutions and business strategy consulting firm, announced today it has been awarded a contract by the United States Department of Agriculture (USDA) to provide help desk operations and maintenance support services to the Department's Livestock Mandatory Price Reporting System (LMPRS), a data collection and database management system developed to improve price discovery in livestock markets by enhancing the transparency, accuracy and timeliness of reported livestock prices.

Operational since 2002, the LMPRS accepts data from the livestock industry—mainly meat packing plants—archives, translates, and analyzes the data, and produces aggregated reports for distribution to the public via the Internet. To support the round-the-clock operations of LMPRS, the USDA was looking to award the contract to an organization with exceptional technical capability, as well as exemplary past performance. Digital Management fit the bill.

Under the contract, Digital Management will monitor LMPRS system performance, utilize existing knowledge of data visualization technologies to expand current LMPRS capabilities, provide help desk user support, develop and implement enhancements, and troubleshoot and implement software solutions and upgrades to ensure continued uninterrupted computer support for the owners and users of LMPRS.

"We are very pleased that our dedication to flawless execution has been recognized in the awarding of this contract." said Jay Sunny Bajaj, Digital Management's CEO. "We are eager to play a vital role ensuring that LMPRS is up and running 24x7, and that and that those who rely on regular, timely delivery of this vital market data are not disappointed."

Digital Management was recently selected by the Department of Health and Human Services (DHHS) to manage and operate its Payment Management System (PMS), a full-service grants payment and cash management system that supports more than 450 Federal government organizations and 50,000+ users worldwide who process more than $410 billion annually in Federal grant funds. And since 2006, Digital Management has been responsible for managing an

http://www.digitalmanagement.com/news/digital_management_wins_5_year_5_million_dollar_contract_with_the_usda