Wave Systems Corp. (fka WAVXQ)

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Cisco, Gemalto, WAVE Systems, and Videx Discuss Security Solutions in SecurityStockWatch.com Interviews
03.02.2011 06:11:09

http://www.live-pr.com/en/cisco-gemalto-wave-systems-and-videx-r1048723924.htm

RYE BROOK, NY -- (Marketwire) -- 02/03/11 -- "Over the next five years, approximately 500 million people will be added to the world's cities, and by 2050, a hundred new cities will each be inhabited by more than a million residents. With world populations shifting to urban areas, community leaders face increasing challenges of overcrowding, pollution, and budget and resource constraints. They need to create safe, efficient environments to attract businesses and compete in global markets. This demands better use of resources, stronger infrastructures, and better living standards." These are among the observations by Mr. Bill Stuntz, Vice President, General Manager, Cisco Systems, Physical Security Business Unit.

For the complete interview with Cisco: www.securitystockwatch.com/Interviews/in_Boardro .. :
For more information: www.cisco.com : , (NASDAQ: CSCO).
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Gemalto recently announced that it has started to deliver its electronic passport solution to Korea's National Printer, Korea Minting and Security Printing Corporation, through its local partner LG CNS.

"Gemalto's global expertise and product offerings in the government sector, particularly in ePassports, make them a natural partner for us," commented Dr. Moon Hyung Yoon, Business Development Senior Leader, LG CNS. "We are happy that our cooperation has brought about a solution that meets the particularly high Korea ePassport program expectations."

"We are delighted to be part of this achievement, where we can contribute our latest technologies to the security of citizens of Korea," added Tan Teck Lee, President of Gemalto Asia. "The Sealys solution speed and durability advantages are clear and Korean ePassport holders will appreciate this secure and convenient way to travel."

For the Gemalto interviews: www.securitystockwatch.com/Interviews/Conversati .. :
For more information: www.Gemalto.com : , (PARIS: GTO) (ISIN Code: NL0000400653).
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Wave Systems recently announced that it has received $5.2 million in additional license and maintenance orders through its PC OEM partners on behalf of a U.S.-based automotive company. The orders hasten the deployment and increase the total value of the automaker's software orders to $10.9 million, $6.7 million of which will be recorded as revenue over the next 12 months, $1.9 million of which was recorded as revenue in 2010 and $2.3 million of which is expected to be recognized as revenue in 2012 through 2014.

"Having utilized our solution during 2010, the customer has accelerated and significantly expanded its deployment of ERAS seats, furthering our belief that a centrally managed, hardware encryption solution can offer superior data protection," said Steven Sprague, President and CEO.

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http://www.live-pr.com/en/cisco-gemalto-wave-systems-and-videx-r1048723924.htm