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wavxmaster

01/21/05 12:11 PM

#65911 RE: quest4billion #65910

Approximately the middle of March
Wavxmaster

PS Last years: March 12, just a guess!

Wave Systems Provides Update on Corporate Progress
and Reviews Q4 2003 Results (Corrected)

Lee, MA (March 12, 2004) – Wave Systems Corp. (NASDAQ: WAVX; www.wave.com) today reviewed corporate and industry developments over the past several months and reported results for its fourth quarter and year ended December 31, 2003. Wave's results for the fourth quarter and year ended December 31, 2003 have been corrected from those issued after the market's close yesterday.